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Local Community Bank Triumphs: Wallis Bank Named #1 SBA Lender in Houston and Top 3 Best Performing Bank Nationally
Banking & Financial ServicesCompany Update

Local Community Bank Triumphs: Wallis Bank Named #1 SBA Lender in Houston and Top 3 Best Performing Bank Nationally

June 4, 2024 1:00 PM

HOUSTON, TX / ACCESSWIRE / June 4, 2024 / Wallis Bank proudly announces its recent accolades, notably being named the #1 Largest Houston-Area Small Business Administration (SBA) Lender for 2024 by total loan volume. With an impressive total loan volume exceeding $724 million, Wallis Bank has solidified its position as a leading financial institution dedicated to empowering small businesses in the Houston region.Being recognized as the #1 Largest...

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T. Rowe Price Foundation Grants $550K To Support Nonprofits in Colorado Springs
Banking & Financial ServicesEnvironmental, Social and Governance

T. Rowe Price Foundation Grants $550K To Support Nonprofits in Colorado Springs

June 4, 2024 11:30 AM

Continuing the T. Rowe Price Foundation's Long-Term Dedication to the Communities in Which Associates LiveNORTHAMPTON, MA / ACCESSWIRE / June 4, 2024 / The T. Rowe Price Foundation announces $550K in grants to key areas of impact in Colorado Springs' nonprofit sector. In 2024, the $550K commitment will be distributed among Colorado Springs nonprofits in support of three focus areas: food and housing insecurity, behavioral health and youth...

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5 Key Facts About Earned, Accrued and Paid Interest
Banking & Financial ServicesCompany Update

5 Key Facts About Earned, Accrued and Paid Interest

June 4, 2024 10:00 AM

NEW YORK, NY / ACCESSWIRE / June 4, 2024 / Understanding the different types of interest can help with investment management. Of particular note are earned, accrued and paid interest. With a platform like Yieldstreet, for example, potential interest earned and accrued depends on the nature of the investment. However, accrued interest payments on an asset that pays monthly are forwarded to the investor on the prescribed payment date. Here,...

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Omniwire Introduces Cutting-Edge Biometric Authentication Features for Digital Banking  
Banking & Financial ServicesCompany Update

Omniwire Introduces Cutting-Edge Biometric Authentication Features for Digital Banking  

June 4, 2024 9:30 AM

With the rise of bank fraud crimes, the fintech company offers a safer, user-friendly option with its groundbreaking patented biometric authentication technology for core banking providers. NEW YORK, NY / ACCESSWIRE / June 4, 2024 / Omniwire, a leading next-generation fintech company specializing in core banking, issuer processing and card issuing services, proudly announces the release of its patented biometric authentication technology,...

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Julie Thurlow and Sears Merritt Named Co-Chairs of Mass Fintech Hub
Banking & Financial ServicesCompany Update

Julie Thurlow and Sears Merritt Named Co-Chairs of Mass Fintech Hub

June 4, 2024 9:00 AM

Today, Mass Fintech Hub, a public-private partnership dedicated to making the state a global leader in fintech, announced the appointment of Julie Thurlow, President & CEO of Reading Cooperative Bank, and Sears Merritt, Head of Enterprise Technology & Experience at MassMutual, as Co-Chairs. These appointments were announced as the Mass Fintech Hub commemorates its third anniversary.Thurlow and Merritt are succeeding previous Co-Chairs Mike...

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Pacific Avenue Capital Partners Completes the Acquisition of the Filtration Business of Sogefi S.p.A., Now Operating as Purflux Group
Banking & Financial ServicesCompany Update

Pacific Avenue Capital Partners Completes the Acquisition of the Filtration Business of Sogefi S.p.A., Now Operating as Purflux Group

June 4, 2024 9:00 AM

LOS ANGELES, CA / ACCESSWIRE / June 4, 2024 / Pacific Avenue Capital Partners ("Pacific Avenue"), a Los Angeles-based private equity firm focused on corporate carve-outs and other complex transactions in the middle market, announced today that it has completed the acquisition of Sogefi Filtration S.A. and Sogefi USA Inc. (collectively, the "Filtration Business Unit" or the "Company") from Milan-based Sogefi S.p.A. ("Sogefi"). The Company, now...

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Veem and Crown Agents Bank Collaborate to Enhance Global Payment Solutions for Businesses
Banking & Financial ServicesPartnerships

Veem and Crown Agents Bank Collaborate to Enhance Global Payment Solutions for Businesses

June 4, 2024 9:00 AM

SAN FRANCISCO, CA / ACCESSWIRE / June 4, 2024 / Veem, a leading global payments platform, is excited to announce its strategic partnership with Crown Agents Bank, a UK-regulated bank, specializing in FX and cross-border payments for hard-to-reach markets globally. This collaboration marks a significant milestone in Veem's commitment to expanding its global payment capabilities, empowering businesses to effortlessly send and receive payments in...

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PayQuicker Launches Insta-Pay, a Powerful Solution Enabling On-Demand Earned Income Access
Banking & Financial ServicesProduct Announcements

PayQuicker Launches Insta-Pay, a Powerful Solution Enabling On-Demand Earned Income Access

June 4, 2024 9:00 AM

NEW YORK, NY / ACCESSWIRE / June 4, 2024 / PayQuicker, a leader in global payouts orchestration, today announced the launch of Insta-Pay, a powerful new solution enabling businesses to offer on-demand earned income access. Built on PayQuicker's Payouts OS platform, Insta-Pay is designed to change the way employees access their earned incomes, providing financial flexibility and peace of mind.With Insta-Pay, individuals no longer have to wait for...

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WGA Releases Q2 2024 Bank Outlook
Banking & Financial ServicesCompany Update

WGA Releases Q2 2024 Bank Outlook

June 4, 2024 9:00 AM

Credit and Market Risk Menace BanksBRIARCLIFF MANOR, NY / ACCESSWIRE / June 4, 2024 / Whalen Global Advisors LLC (WGA) has published the latest edition of The IRA Bank Book for Q2 2024. The quarterly outlook for the US banking industry features more than 30 Pages of charts and commentary about the financial condition of the sector. The highlights of the new report include: WFA WGA Logo A discussion of the composition of industry revenue and...

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Lendistry Provides $2.3 Million Financing for Major Expansion of Maryland's Mandala School to Boost Educational Opportunities for the Community
Banking & Financial ServicesDiversity, Equity and Inclusion

Lendistry Provides $2.3 Million Financing for Major Expansion of Maryland's Mandala School to Boost Educational Opportunities for the Community

June 4, 2024 9:00 AM

The nonprofit school's updated programming supports academic and wellness growth for everyone in the familyBALTIMORE, MD / ACCESSWIRE / June 4, 2024 / Lendistry announces today that it has funded a $2.3 million loan for The Mandala School in Columbia, MD, to broaden its educational services in a new 30-acre space. The expansion allows the school to extend its curriculum from 8th grade to 12th grade and increase its student population from 51 to...

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Openly Announces Winners of Annual US Openly Agency Championship(TM)
Banking & Financial ServicesCompany Update

Openly Announces Winners of Annual US Openly Agency Championship(TM)

June 4, 2024 9:00 AM

BOSTON, MA / ACCESSWIRE / June 4, 2024 / Openly, the premium homeowners insurance provider, today announced the results of its annual US Openly competition. Agencies participating in US Openly competed to see who could issue the most Openly policies from January 1 to April 30, vying for eight winner's spots.US Openly 2024's winning agencies include: Kt Williams Insurance Group, Blue Valley Insurance Agency, Inc, Reinholdt & O'Harra Insurance,...

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CIG Capital Advisors Hosts Exclusive Thought Leadership Event
Banking & Financial ServicesFinancing

CIG Capital Advisors Hosts Exclusive Thought Leadership Event

June 4, 2024 9:00 AM

SOUTHFIELD, MI / ACCESSWIRE / June 4, 2024 / CIG Capital Advisors, an independent wealth management and business advisory services firm, convened its inaugural Thought Leadership Event on May 9th at the Townsend Hotel in Birmingham, MI. The event is dedicated to shedding light on how advisors can partner together and complement each other to have a profound impact on clients' lives in a changing macro environment.The event brought together...

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Credit Key Revolutionizes B2B Transactions for All Business Segments With Enterprise Net Terms
Banking & Financial ServicesProduct Announcements

Credit Key Revolutionizes B2B Transactions for All Business Segments With Enterprise Net Terms

June 4, 2024 9:00 AM

LOS ANGELES, CA / ACCESSWIRE / June 4, 2024 / Credit Key, the leading provider of instant financing and flexible payment solutions for B2B transactions, is proud to announce the launch of Enterprise Net Terms, a groundbreaking product that redefines access to term payments for companies of all types and sizes. B2B merchants have been challenged with providing term solutions for their customer segments that don't readily have access to a...

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Heston Capital Pty Ltd Poised for Record-Breaking Q2 2024
Banking & Financial ServicesEarnings

Heston Capital Pty Ltd Poised for Record-Breaking Q2 2024

June 4, 2024 7:55 AM

Heston Capital Pty Ltd, a leading wealth manager, specializing in investments across diverse sectors, is thrilled to announce its exceptional performance and record-breaking second quarter for 2024. Bolstered by a series of strategic investments in key industries such as aerospace, artificial intelligence (AI), and satellite internet, Heston Capital has delivered unparalleled value to its clients and shareholders. Aerospace, AI, and Satellite...

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Global Education Communities Corp. Provides Update on GEC Viva
Banking & Financial ServicesCompany Update

Global Education Communities Corp. Provides Update on GEC Viva

June 4, 2024 7:00 AM

VANCOUVER, BC / ACCESSWIRE / June 4, 2024 / Global Education Communities Corp. ("GECC" or the "Company") (TSX:GEC)(OTCQX International:GECSF) is pleased to announce that the renovation of GEC® Viva is well underway. GEC® Viva is our first student residence in downtown Vancouver, which opened in 2015. GEC® Viva is a 17-storey hi-rise building with 220 beds and has hosted nearly 10,000 students from around the world since its opening. To further...

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Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2024, for TYG, NTG, TTP, NDP and TPZ
Banking & Financial ServicesCompany Update

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2024, for TYG, NTG, TTP, NDP and TPZ

June 3, 2024 7:50 PM

OVERLAND PARK, KS / ACCESSWIRE / June 3, 2024 / Tortoise today announced the following preliminary unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ.Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of May 31, 2024, the company's unaudited total assets were approximately $553.7 million and its unaudited net asset value was $435.8 million, or $40.48 per share.As of May 31,...

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TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2024
Banking & Financial ServicesCompany Update

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2024

June 3, 2024 7:45 PM

OVERLAND PARK, KS / ACCESSWIRE / June 3, 2024 / The following preliminary unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF).As of May 31, 2024, the company's unaudited total assets were approximately $221.8 million and its unaudited net asset value was $200.2 million, or $14.84 per share.As of May 31, 2024, the company's asset coverage ratio under the...

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Flushing Financial Reports Annual Shareholder Meeting Results
Banking & Financial ServicesShareholder Meeting

Flushing Financial Reports Annual Shareholder Meeting Results

June 3, 2024 5:00 PM

Flushing Financial Corporation (the "Company") (NASDAQ:FFIC), the parent holding company for Flushing Bank (the "Bank"), announced that on May 29, 2024, it held its annual shareholder meeting, in a virtual-only format. At the meeting, by overwhelming majorities all the Company's nominees were elected, and the shareholders ratified the selection of BDO USA, P.C. as the Company's independent registered public accounting firm for the year ending...

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Global Self Storage Declares Second Quarter 2024 Dividend
Banking & Financial ServicesDividends

Global Self Storage Declares Second Quarter 2024 Dividend

June 3, 2024 4:18 PM

Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the second quarter of 2024.The dividend is payable on June 28, 2024, to stockholders of record as of June 17, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward...

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Bexil Investment Trust Declares June 2024 Quarterly Distribution
Banking & Financial ServicesDividends

Bexil Investment Trust Declares June 2024 Quarterly Distribution

June 3, 2024 4:15 PM

Notification of Sources of DistributionStatement Pursuant to Section 19(a) of the Investment Company Act of 1940ROCHESTER, NY / ACCESSWIRE / June 3, 2024 / A quarterly distribution of $0.25 per share was declared today by Bexil Investment Trust (Stock Symbol:BXSY) (Net Asset Value Symbol:XBXIX) (the "Fund"), payable June 28, 2024 to shareholders of record as of June 17, 2024 (ex-dividend date: June 17, 2024).Under U.S. tax rules applicable to...

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