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U & I Financial Corp. Reports Fourth Quarter 2023 Financial Results
Banking & Financial ServicesEarnings

U & I Financial Corp. Reports Fourth Quarter 2023 Financial Results

January 30, 2024 4:00 PM

LYNNWOOD, WA / ACCESSWIRE / January 30, 2024 / U & I Financial Corp. (OTCQX:UNIF), the holding company for UniBank, today reported quarterly net loss of $158 thousand or $0.03 loss per share in the fourth quarter, as compared to $3.4 million or $0.62 earnings per share for the same quarter of 2022, decreasing by $3.6 million or $0.65 per share, primarily due to the $3.1 million in Provision for Credit Losses recognized this quarter as compared...

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The Orlando Credit Union Charitable Foundation Announces Board Members to Launch New Program
Banking & Financial ServicesCompany Update

The Orlando Credit Union Charitable Foundation Announces Board Members to Launch New Program

January 30, 2024 4:00 PM

ORLANDO, FL / ACCESSWIRE / January 30, 2024 / Orlando Credit Union prepares to launch The Orlando Credit Union Charitable Foundation on February 12, 2024. "This organization is dedicated to the betterment of people and communities through sponsorships, grant programs and receipt of donations," stated David Duncan, Charitable Foundation Vice Chair. "Rather than state a commitment and then hire a Charitable fundraiser to achieve Foundation...

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Equify Financial Announces Leadership Transition
Banking & Financial ServicesCompany Update

Equify Financial Announces Leadership Transition

January 30, 2024 4:00 PM

Patrick Hoiby promoted to Chief Executive OfficerFORT WORTH, TX / ACCESSWIRE / January 30, 2024 / Equify Financial proudly announces a pivot in its leadership team. Patrick Hoiby, currently serving as President and who has played an integral role in the company since its founding, has been promoted to Chief Executive Officer.Patrick Hoiby promoted to Chief Executive Officer Patrick Hoiby promoted to Chief Executive Officer This transition marks...

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LoanStar Technologies Announces $28M Funding Round Led by Sageview Capital
Banking & Financial ServicesFinancing

LoanStar Technologies Announces $28M Funding Round Led by Sageview Capital

January 30, 2024 2:30 PM

Growth Capital Will Fuel Next Phase of Innovation and ExpansionSWARTHMORE, PA / ACCESSWIRE / January 30, 2024 / LoanStar Technologies, Inc. ("LoanStar" or the "Company"), a leading financial technology company focused on embedded lending, today announced it entered into an agreement to raise approximately $28 million of growth equity from a group of strategic investors, including approximately $20 million from Sageview Capital ("Sageview"), and...

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Trinity Bank Reports Results for 2023 - Net Income Up 10.3% to $ 8,015,000
Banking & Financial ServicesEarnings

Trinity Bank Reports Results for 2023 - Net Income Up 10.3% to $ 8,015,000

January 30, 2024 2:00 PM

RETURN ON ASSETS 1.75%RETURN ON EQUITY 15.82%FORT WORTH, TX / ACCESSWIRE / January 30, 2024 / Trinity Bank N.A. (OTC PINK:TYBT) today announced operating results for the fourth quarter and the twelve months ending December 31, 2023.Results of OperationFor the fourth quarter 2023, Trinity Bank, N.A. reported Net Income after Taxes of $2,135,000, an increase of 1.0% over fourth quarter 2022 earnings of $2,113,00. Earnings per diluted common share...

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Ginkgo Mortgage Investment Corporation's AGM Highlights Stellar 2023 Performance and Growth Initiatives
Banking & Financial ServicesCompany Update

Ginkgo Mortgage Investment Corporation's AGM Highlights Stellar 2023 Performance and Growth Initiatives

January 30, 2024 11:10 AM

TORONTO, ON / ACCESSWIRE / January 30, 2024 / Ginkgo Mortgage Investment Corporation (Ginkgo MIC) successfully convened its 2024 Annual General Meeting in person last Saturday in Toronto, marking a year of substantial achievements and strategic advancements.Key Achievements Unveiled:1. Consistent Portfolio Growth:Ginkgo MIC proudly reports a notable year-over-year surge, achieving a substantial portfolio size of $135 million. This outstanding...

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EF Hutton Enhances Wealth Management Expansion
Banking & Financial ServicesCompany Update

EF Hutton Enhances Wealth Management Expansion

January 30, 2024 10:15 AM

NEW YORK, NY / ACCESSWIRE / January 30, 2024 / EF Hutton, an investment bank headquartered in New York, today announced the continued expansion of its Wealth Management division with the opening of a corporate office on Long Island in New York, and the addition of new employees to accelerate ongoing momentum.EF Hutton's Wealth Management vertical serves a broad range of ultra-high-net-worth, high-net-worth individuals, single family offices, and...

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International Business Leader, Leonardo A. Rodriguez, Joins the SpaceFund Board of Directors
Banking & Financial ServicesManagement Changes

International Business Leader, Leonardo A. Rodriguez, Joins the SpaceFund Board of Directors

January 30, 2024 10:00 AM

As the fund continues to expand, Leo's expertise will help not only SpaceFund, but its broad portfolio of space companies as well.HOUSTON, TX / ACCESSWIRE / January 30, 2024 / SpaceFund, Inc., a world-leading space venture capital firm, is thrilled to announce that internationally respected business leader Leonardo (Leo) A. Rodriguez has joined its Board of Directors to help drive growth at SpaceFund and its 21 portfolio companies. Mr. Rodriguez...

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Whittier Trust Welcomes Gregg Millward as Vice President, Client Advisor
Banking & Financial ServicesManagement Changes

Whittier Trust Welcomes Gregg Millward as Vice President, Client Advisor

January 30, 2024 9:30 AM

PASADENA, CA / ACCESSWIRE / January 30, 2024 / Whittier Trust, the oldest multi-family office headquartered on the West Coast, is pleased to announce the recent hiring of Gregg Millward as Vice President, Client Advisor in its Pasadena office. In this role, Gregg provides a comprehensive range of wealth management, family office and trust services to affluent individuals and families, working closely with clients and their advisors to tailor...

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Akron Children's Foundation Receives $750,000 Grant From KeyBank To Support Hospital's Workforce Development Program
Banking & Financial ServicesEnvironmental, Social and Governance

Akron Children's Foundation Receives $750,000 Grant From KeyBank To Support Hospital's Workforce Development Program

January 30, 2024 9:15 AM

Career Launch helps to remove barriers for those interested in careers in the medical fieldNORTHAMPTON, MA / ACCESSWIRE / January 30, 2024 / KeyBank and the KeyBank Foundation announced an investment of $750,000 in the Akron Children's Foundation, aimed at supporting its Career Launch Program.Career Launch is a workforce development program designed to remove barriers for participants looking to return to school and seeking a career in the...

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Planck Recognized by Gartner As A Standout Insurtech Leveraging GenAI
Banking & Financial ServicesAwards

Planck Recognized by Gartner As A Standout Insurtech Leveraging GenAI

January 30, 2024 9:00 AM

Planck Concludes Robust Year, Earns Recognition as a 2023 Gartner Cool Vendor in Insurtech Adding GenAINEW YORK, NY / ACCESSWIRE / January 30, 2024 / Planck, the trusted leader in AI-based risk research and data solutions for commercial insurers and producers, today announces the close of a momentous year, having been recently named to the 2023 Gartner® Cool Vendors™ in its ‘Insurtechs Adding GenAI' report. The report highlights the role of...

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Swan Global Investments Partners with O’Shares Investments to Launch Innovative Approach to Income Generation
Banking & Financial ServicesProduct Announcements

Swan Global Investments Partners with O’Shares Investments to Launch Innovative Approach to Income Generation

January 30, 2024 8:30 AM

Seeking income and capital appreciation regardless of Fed policyDURANGO, CO / ACCESSWIRE / January 30, 2024 / Swan Global Investments and Index Provider O'Shares Investments join forces to launch the Swan Enhanced Dividend Income Strategy to provide investors with a distinct and active approach seeking regular income and capital appreciation. Swan Global Investments Swan Global Investments combines its decades of experience in managing options...

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VPTrade.com Expands Reach: Innovative Trading Platform Now in Latin America and Asia
Banking & Financial ServicesProduct Announcements

VPTrade.com Expands Reach: Innovative Trading Platform Now in Latin America and Asia

January 30, 2024 7:20 AM

Seizing a new era of growth, South Africa's VP Trade Broker is now pioneering the extension of its cutting-edge financial technology services to unexplored markets, embracing global impact opportunities with open arms.CAPE TOWN, SOUTH AFRICA / ACCESSWIRE / January 30, 2024 / VPTrade.com, a leading online trading platform headquartered in South Africa, has announced its expansion into the Latin American and Asian markets. This strategic move...

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Essex Realty Group, Inc. Announces Launch of New Entity: Essex Capital Markets
Banking & Financial ServicesCompany Update

Essex Realty Group, Inc. Announces Launch of New Entity: Essex Capital Markets

January 30, 2024 5:00 AM

Essex Realty Group, Inc. is proud to announce the launch of Essex Capital Markets, LLC. Essex Capital Markets will provide tailored debt and equity solutions to clients in the mid-market and institutional space for all property types.CHICAGO, IL / ACCESSWIRE / January 30, 2024 / Essex Realty Group, Inc. is proud to announce the launch of Essex Capital Markets, LLC. Essex Capital Markets will provide tailored debt and equity solutions to clients...

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AccessPay Increases Coverage of Fraud & Error Prevention Suite With Embedded Confirmation of Payee and Sanctions Screening
Banking & Financial ServicesProduct Announcements

AccessPay Increases Coverage of Fraud & Error Prevention Suite With Embedded Confirmation of Payee and Sanctions Screening

January 30, 2024 4:00 AM

New capabilities help corporates de-risk their payment cycle within the AccessPay platformMANCHESTER, UK / ACCESSWIRE / January 30, 2024 / AccessPay, the leading provider of bank integration, today announced the addition of Confirmation of Payee (CoP) and Sanctions Screening capabilities to its Fraud & Error Prevention Suite1, launched in 2023. The new capabilities will enable finance teams to avoid fraudulent and non-authorised payments, as...

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Nebeus Secures €250M Institutional Funding for Its Crypto Loan Offering
Banking & Financial ServicesFinancing

Nebeus Secures €250M Institutional Funding for Its Crypto Loan Offering

January 30, 2024 3:00 AM

LONDON, ENGLAND / ACCESSWIRE / January 30, 2024 / Nebeus, a pioneering company in the crypto loans landscape since 2014, announces the launch of its crypto-backed loan programme with €250 million in liquidity. Tailored for both corporate and consumer clients, the initiative emphasises a secure and efficient service, distinguished by a competitive low-interest rate structure. This strategic approach enables individuals and businesses to leverage...

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TEAF Announces 2023 Fund Tax Characterization of Distributions, Release of Annual Report
Banking & Financial ServicesCompany Update

TEAF Announces 2023 Fund Tax Characterization of Distributions, Release of Annual Report

January 30, 2024 12:50 AM

OVERLAND PARK, KS / ACCESSWIRE / January 30, 2024 / Today Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) announced the tax characterization of 2023 distributions paid to its common stockholders.2023 Tax Characterization of DistributionsFor tax purposes, TEAFs' 2023 distributions were characterized as 31% qualified dividend income, 2% as ordinary income and 67% return of capital.Additional information regarding the tax...

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Tortoise Announces 2023 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report
Banking & Financial ServicesCompany Update

Tortoise Announces 2023 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report

January 30, 2024 12:50 AM

Tortoise Energy Infrastructure Corp. (NYSE: TYG)Tortoise Midstream Energy Fund, Inc. (NYSE: NTG)Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP)Tortoise Energy Independence Fund, Inc. (NYSE: NDP)Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ)OVERLAND PARK, KS / ACCESSWIRE / January 30, 2024 / Tortoise today announced the tax characterization of 2023 distributions paid to common stockholders of each of the funds listed below:2023...

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The Luxembourg House of Financial Technology Announces the Inaugural 'Catapult: Financial Inclusion South East Asia' Program
Banking & Financial ServicesDiversity, Equity and Inclusion

The Luxembourg House of Financial Technology Announces the Inaugural 'Catapult: Financial Inclusion South East Asia' Program

January 29, 2024 8:00 PM

The Luxembourg House of Financial Technology (LHoFT) Foundation, a cornerstone of fintech innovation within Luxembourg's financial sector since 2016, is coming to Southeast Asia to promote cooperation and exchange between Luxembourg and SEA with their latest initiative - Catapult: Financial Inclusion Southeast Asia. This pioneering acceleration program is designed to empower fintech startups, fostering growth and innovation in financial...

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F&M Bank Corp. Reports Year-End and Fourth Quarter 2023 Earnings and Quarterly Dividend
Banking & Financial ServicesEarnings

F&M Bank Corp. Reports Year-End and Fourth Quarter 2023 Earnings and Quarterly Dividend

January 29, 2024 5:25 PM

TIMBERVILLE, VA / ACCESSWIRE / January 29, 2024 / F&M Bank Corp. (the "Company" or "F&M"), (OTCQX:FMBM), the parent company of Farmers & Merchants Bank ("F&M Bank" or the "Bank") today reported results for the quarter and year ended December 31, 2023.Net income was $457,000 or $0.13 per share for the quarter ended December 31, 2023, compared to $1.0 million or $0.29 per share for the linked quarter ended September 30, 2023, and compared to $1.7...

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