Tag : Bank

American Express Launches Digital, Cross-Border Payment Solution for U.S. Small Businesses
Banking News

Somerset Savings Bank to Conduct Conversion and Related Stock Offering and to Merge With Regal Bancorp, Inc.

Fintech News Desk
by Fintech News Desk0
Somerset Savings Bank, SLA announced that its Board of Directors has adopted a plan of conversion to convert from the mutual to stock form of organization. SR Bancorp, Inc., a newly formed Maryland corporation (“SR Bancorp” or the “Company”), has been organized to facilitate the conversion and offer shares of common......
Santa Cruz County Bank Announces $5 Million Share Repurchase Program
Finance News

Santa Cruz County Bank Announces $5 Million Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
Santa Cruz County Bank announced the launch of a $5 million Share Repurchase Program. The Bank’s Board of Directors authorized the Share Repurchase Program and received the required approvals from the California Department of Financial Protection and Innovation as well as the Federal Deposit Insurance Corporation. Latest Fintech News: COINZIX Announces $300,000 Investment from......
HomeTrust Bancshares, Inc. Announces Merger with Quantum Capital Corp.
Banking News

HomeTrust Bancshares, Inc. Announces Merger with Quantum Capital Corp.

Fintech News Desk
by Fintech News Desk0
HomeTrust Bancshares, Inc. the holding company of HomeTrust Bank, announces the signing of a definitive merger agreement (“Agreement”) whereby Quantum Capital Corp. (“Quantum”) will merge with HomeTrust in a stock and cash transaction valued at approximately $67.6 million (the “Transaction”). Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures Quantum......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc. the holding company for MainStreet Bank, said its net interest margin widened as rates climbed in recent months, driving strong net income for the second quarter and six months ended June 30, 2022. Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures The Bank’s loan portfolio is well positioned for increasing......
Moelis & Company Launches Dedicated Blockchain Advisory Effort
Banking News

Moelis & Company Launches Dedicated Blockchain Advisory Effort

Fintech News Desk
by Fintech News Desk0
John Momtazee to lead Global Blockchain Group; Lou Kerner appointed Senior Advisor to the Group Moelis & Company a leading global independent investment bank, today announced the launch of its Global Blockchain Group which will provide bespoke advisory services to both corporations utilizing blockchain as well as emerging and leading blockchain......
National Bank Holdings Corporation Announces Regulatory Approvals for the Acquisition of Rock Canyon Bank
Banking News

National Bank Holdings Corporation Announces Regulatory Approvals for the Acquisition of Rock Canyon Bank

Fintech News Desk
by Fintech News Desk0
National Bank Holdings Corporation announced it has now received all regulatory approvals from the Federal Reserve Board, the Utah Department of Financial Institutions, and the Colorado Division of Banking for the previously announced acquisition of Community Bancorporation, the holding company for Rock Canyon Bank. The acquisition is subject to customary......
EbixCash and J&K Bank Sign Agreement to Facilitate Money Transfer Services Across the Bank’s 1,000 Branches
Banking News

EbixCash and J&K Bank Sign Agreement to Facilitate Money Transfer Services Across the Bank’s 1,000 Branches

Fintech News Desk
by Fintech News Desk0
EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced the appointment of Jammu & Kashmir Bank’s entire network spanning 1,000 branches as a sub-agent, to facilitate international remittance services for its Ria Money transfer business. The Money Transfer......
Emclaire Financial Corp. Receives Shareholder Approval for Merger With Farmers National Banc Corp.
Banking News

Emclaire Financial Corp. Receives Shareholder Approval for Merger With Farmers National Banc Corp.

Fintech News Desk
by Fintech News Desk0
Farmers National Banc Corp. the holding company for The Farmers National Bank of Canfield and Emclaire Financial Corp. (“Emclaire”), the holding company for The Farmers National Bank of Emlenton (“Emlenton Bank”), announced today that the shareholders of Emclaire have voted to approve the Agreement and Plan of Merger, dated March......
First Citizens Bank Completes Operational Conversion of OneWest Bank Division
Banking News

First Citizens Bank Completes Operational Conversion of OneWest Bank Division

Fintech News Desk
by Fintech News Desk0
First Citizens Bank announced that its OneWest Bank division based in Southern California has completed its conversion to First Citizens’ operations and systems. This conversion integrates OneWest Bank customer accounts into First Citizens products and services. Latest Fintech News: TerraPay Partners With SendMN to Pave the Way for Seamless Cross-Border Payments......
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