Search Results for: local communities

First Bank Completes Grandsouth Bank Conversion
Banking News

First Bank Completes Grandsouth Bank Conversion

PR Newswire
by PR Newswire0
This weekend, First Bank finalized its acquisition of GrandSouth Bank with a successful systems conversion between the banks. With the conversion, First Bank will add 8 locations to its South Carolina branch network, including 2 locations in Greenville and a location in Anderson, Charleston, Columbia, Fountain Inn, Greer and Orangeburg. The addition of GrandSouth Bank increased First Bank’s total assets to......
Guild Mortgage Acquires Cherry Creek Mortgage
Mortgage News

Guild Mortgage Acquires Cherry Creek Mortgage

PR Newswire
by PR Newswire0
Colorado-Based Lender with Customer-Centric Approach Brings 68 Branches in 45 States to Guild’s Expanding Retail Network Guild Mortgage, a growth-oriented mortgage lending company originating and servicing residential loans since 1960, has acquired Cherry Creek Mortgage, LLC, a privately held Colorado-based lender with physical branches across the country whose business and customer-centric......
Eastern Bank Launches Equity Alliance for Business, Further Advancing Growth Opportunities
Banking Business News

Eastern Bank Launches Equity Alliance for Business, Further Advancing Growth Opportunities

PR Newswire
by PR Newswire0
Includes specialized and innovative credit solutions, and access to insights, mentoring and networking resources As part of its deep and long-standing commitment to drive greater economic inclusion and mobility, Eastern Bank is announcing the launch of Equity Alliance for Business to further advance the growth of underrepresented business owners and entrepreneurs.......
Kennebec Savings Bank Launches Alkami's Digital Banking Platform
Banking News

Kennebec Savings Bank Launches Alkami’s Digital Banking Platform

PR Newswire
by PR Newswire0
Leverages data for personalization and enhances business banking to a single system Alkami Technology Inc., a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced that Maine-based Kennebec Savings Bank (Kennebec) has launched the Alkami Digital Banking Platform. Alkami’s integrated solution and single platform for business, retail and mobile......
Allianz to Serve Global Commercial Insurance Segment as One Go-to-market Business
InsurTech News

Allianz to Serve Global Commercial Insurance Segment as One Go-to-market Business

Business Wire
by Business Wire0
Allianz to operate its Mid-Corporate and Large-Corporate insurance businesses under one strategy and market approach Allianz Group announced that it will serve the global commercial insurance segment as one go-to-market business under the trading name Allianz Commercial, featuring an integrated approach encompassing its Allianz Global Corporate & Specialty (AGCS) business......
Circle Partners with Leading Minority-owned Bank, Citizens Trust Bank to Hold USDC Reserves and Collaborate on Financial Inclusion
Banking Fintech News

Circle Partners with Leading Minority-owned Bank, Citizens Trust Bank to Hold USDC Reserves and Collaborate on Financial Inclusion

PR Newswire
by PR Newswire0
Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC), has announced that Citizens Trust Bank will hold $65 million in USDC cash reserves. The move is part of Circle’s commitment to allocate a share of USDC dollar-denominated reserves to Minority-owned Depository Institutions (MDIs) and Community Banks across the country.......
Block Makes First Social Impact Investment in the UK with ART Business Loans
Banking Investment Services News

Block Makes First Social Impact Investment in the UK with ART Business Loans

Business Wire
by Business Wire0
Businesses in the UK’s West Midlands that struggle to access finance from high street lenders are set to benefit from a £4m funding package thanks to a unique partnership between three socially-minded organisations. “We believe fair access to finance is what unlocks opportunities for individuals and communities and are pleased......
Columbia Banking System and Umpqua Holdings Corporation Complete Merger
Banking News

Columbia Banking System and Umpqua Holdings Corporation Complete Merger

PR Newswire
by PR Newswire0
Two Leading Community Banks Based in the Northwest Combine to Create One of the Largest Banks Headquartered in the West Columbia Banking System, Inc., the parent company of Columbia Bank, and Umpqua Holdings Corporation (“Umpqua“), the parent company of Umpqua Bank, announced the closing of their previously announced merger, combining the......
M&T Bank Announces Harlem Small Business Innovation Lab in Partnership with Carver Federal Savings Bank
Banking News

M&T Bank Announces Harlem Small Business Innovation Lab in Partnership with Carver Federal Savings Bank

PR Newswire
by PR Newswire0
The six-week program is designed to help empower, develop, and uplift multicultural business owners, will culminate in pitch competition M&T Bank‘s Harlem Multicultural Small Business Innovation Lab, a six-week program designed to provide local entrepreneurs with guidance, education, and resources to help them start and grow businesses, is now accepting......
EagleBank Provides Financing for Strathmore Square Development in North Bethesda
Banking Finance News

EagleBank Provides Financing for Strathmore Square Development in North Bethesda

GlobeNewswire
by GlobeNewswire0
Funding supports the construction of two multifamily, residential apartment buildings and amenity retail in Strathmore Square EagleBank, one of the largest community banks in the Washington, D.C. area, announced it will provide $94,000,000 in financing to Aimco and Fivesquares Development, LLC to launch the construction of Phase 1 of Strathmore Square......
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