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TG Venture Acquisition Corp. Announces Change of Date and Time of Its Special Meeting
Banking & Financial ServicesShareholder Meeting

TG Venture Acquisition Corp. Announces Change of Date and Time of Its Special Meeting

October 25, 2023 6:00 PM

NEW YORK, NY / ACCESSWIRE / October 25, 2023 / TG Venture Acquisition Corp. (NASDAQ:TGVC) ("TGVC"), a special purpose acquisition company sponsored by Tsangs Group Holdings Limited, announced today that its special meeting of stockholders ("Special Meeting") will be postponed from its scheduled date of 10:00 a.m. Eastern Time on October 27, 2023 to 10:30 a.m. Eastern Time on November 1, 2023. The Special Meeting can still be accessed virtually...

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ESSA Bancorp, Inc. Announces Fiscal  Fourth Quarter, Full Year 2023 Financial Results
Banking & Financial ServicesEarnings

ESSA Bancorp, Inc. Announces Fiscal Fourth Quarter, Full Year 2023 Financial Results

October 25, 2023 5:30 PM

STROUDSBURG, PA / ACCESSWIRE / October 25, 2023 / ESSA Bancorp, Inc. (the "Company") (NASDAQ:ESSA), the holding company for ESSA Bank & Trust (the "Bank"), a $2.3 billion asset financial institution providing full service commercial and retail banking, financial, and investment services in eastern Pennsylvania, today announced financial results for the fiscal fourth quarter and full year ended September 30, 2023.Net income was $4.6 million, or...

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Orange County Bancorp, Inc. Announces Results for Q3, 2023:
Banking & Financial ServicesEarnings

Orange County Bancorp, Inc. Announces Results for Q3, 2023:

October 25, 2023 4:35 PM

Net Income increased $1.2 million, or 15.1%, to $9.0 million for the quarter ended September 30, 2023 from $7.9 million for the quarter ended September 30, 2022Net interest margin increased 8 basis points, or 2.2%, reaching 3.78% for the quarter ended September 30, 2023 from 3.70% for the quarter ended September 30, 2022.Total Assets grew $159.9 million, or 7.0%, to $2.5 billion at September 30, 2023 from $2.3 billion at year-end 2022Total Loans...

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Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.
Banking & Financial ServicesEarnings

Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.

October 25, 2023 4:15 PM

NEW YORK, NY / ACCESSWIRE / October 25, 2023 / Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of September 30, 2023 is now available via www.arespublicfunds.com.About Ares Dynamic Credit Allocation Fund, Inc.Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital...

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KS Bancorp, Inc. (KSBI) Announces Third Quarter 2023 Financial Results and Cash Dividend
Banking & Financial ServicesEarnings

KS Bancorp, Inc. (KSBI) Announces Third Quarter 2023 Financial Results and Cash Dividend

October 25, 2023 3:45 PM

SMITHFIELD, NC / ACCESSWIRE / October 25, 2023 / KS Bancorp, Inc. (the "Company") (OTC PINK:KSBI), parent company of KS Bank, Inc. (the "Bank"), announced unaudited results for the third quarter of 2023.The Company reported net income of $1.4 million or $1.29 per diluted share, for the three months ended September 30, 2023, compared to net income of $2.1 million or $1.86 per diluted share, for the three months ended September 30, 2022. Comparing...

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'We're Not Perfect, but We're the Best Country in the World'
Banking & Financial ServicesDiversity, Equity and Inclusion

'We're Not Perfect, but We're the Best Country in the World'

October 25, 2023 3:15 PM

Leroy Abrahams talks with Coca-Cola UNITED CEO Mike Suco about his family's escape from the Communist Revolution in Cuba.NORTHAMPTON, MA / ACCESSWIRE / October 25, 2023 / Regions BankBy Candace HigginbothamRegions is proud to celebrate National Hispanic Heritage Month, when we honor the culture and traditions of those who trace their roots back to Spain, Mexico, and Spanish-speaking nations of Central America, South America and the...

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Coastal Carolina Bancshares, Inc. Announces Third Quarter Results
Banking & Financial ServicesEarnings

Coastal Carolina Bancshares, Inc. Announces Third Quarter Results

October 25, 2023 3:00 PM

MYRTLE BEACH, SC / ACCESSWIRE / October 25, 2023 / Coastal Carolina Bancshares, Inc. (the "Company") (OTCQX:CCNB), parent of Coastal Carolina National Bank (the "Bank"), reported unaudited financial results for the third quarter of 2023. The Company reported net income of $6,139,003 or $0.99 per share for the nine months ended September 30, 2023, compared to $4,869,031 or $0.79 per share for the same period ended September 30, 2022, a 26%...

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KeyBank Announces KeyBank Foundation Grants to Connecticut and Western Massachusetts Nonprofits
Banking & Financial ServicesEnvironmental, Social and Governance

KeyBank Announces KeyBank Foundation Grants to Connecticut and Western Massachusetts Nonprofits

October 25, 2023 1:15 PM

Donations total $345,000 given to twenty-five organizationsHARTFORD, CT / ACCESSWIRE / October 25, 2023 / KeyBank announces (25) twenty-five charitable donations made by KeyBank Foundation, the bank's charitable foundation to nonprofit organizations in throughout its Connecticut and Western Massachusetts market. The gifts focus support to address homelessness, financial literacy, education, job creation and workforce development, and more. The...

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River City Bank Announces Restructure of Risk Management Department
Banking & Financial ServicesManagement Changes

River City Bank Announces Restructure of Risk Management Department

October 25, 2023 12:00 PM

SACRAMENTO, CA / ACCESSWIRE / October 25, 2023 / River City Bank's President and CEO Steve Fleming recently announced the restructure of the bank's risk management department, which will be implemented Nov. 1, 2023. The reorganization will create a completely independent internal audit department, implementing best practices to ensure the highest levels of risk mitigation and compliance. River City Bank believes that a proactive approach to risk...

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Infrax Systems, Inc (OTC: IFXY) Provides Shareholder Update
Banking & Financial ServicesCompany Update

Infrax Systems, Inc (OTC: IFXY) Provides Shareholder Update

October 25, 2023 10:00 AM

Reaffirms Corporate Vision and Outlines Roadmap for Future ActivitiesSPRING, TX / ACCESSWIRE / October 25, 2023 / Infrax Systems, Inc. (OTC PINK:IFXY) (the "Company") is pleased to provide shareholders with an update of recent activities and its near-term plans going forward. To recap past events, in late 2022, the Company had to cancel its first acquisition due to an internal situation with the target company that was discovered during the due...

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27 Habitat Homes in Charlotte Under Construction With Support From U.S. Bank
Banking & Financial ServicesEnvironmental, Social and Governance

27 Habitat Homes in Charlotte Under Construction With Support From U.S. Bank

October 25, 2023 9:45 AM

Around 80 employee volunteers worked alongside the homeowner, a husband and father of threeNORTHAMPTON, MA / ACCESSWIRE / October 25, 2023 / U.S. BankOriginally published on U.S. Bank company blogJean Clement Nsombo is excited for his new home, one that he and hundreds of volunteers constructed during the 2023 Habitat for Humanity Jimmy & Rosalynn Carter Work Project hosted by Garth Brooks and Trisha Yearwood in Charlotte.Jean Clement Nsombo,...

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Great Day Colorado Highlights KeyBank Helping Food Bank of the Rockies
Banking & Financial ServicesEnvironmental, Social and Governance

Great Day Colorado Highlights KeyBank Helping Food Bank of the Rockies

October 25, 2023 9:15 AM

NORTHAMPTON, MA / ACCESSWIRE / October 25, 2023 / KeyBank joined Great Day Colorado for a segment on the partnership with Key and the Food Bank of the Rockies. In 2022, Key made an impactful $450,000 grant to the food bank in support of their Culturally Responsive Food Initiative program which is designed to help some of our most vulnerable neighbors.To learn more, view the Great Day Colorado highlights below:GDC highlights ‘KeyBank' helping...

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EquityMultiple Crosses $5 Million in Investor Subscription with Successful First Launch of Its Ascent Income Fund
Banking & Financial ServicesCompany Update

EquityMultiple Crosses $5 Million in Investor Subscription with Successful First Launch of Its Ascent Income Fund

October 25, 2023 9:00 AM

The real estate investing platform for self-directed investors offers the Fund as a yield and flexible liquidity option for private commercial real estate loans.NEW YORK, NY / ACCESSWIRE / October 25, 2023 / EquityMultiple, an innovative real estate investing platform for self-directed investors, today announced a successful first closing of its recently launched Ascent Income Fund. The firm received millions in pledged interest during a...

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Emerging from Stealth Mode, Insurtech CoverForce Unveils Product Suite, Bolstered by Expert Team and $5M Seed Funding
Banking & Financial ServicesCompany Update

Emerging from Stealth Mode, Insurtech CoverForce Unveils Product Suite, Bolstered by Expert Team and $5M Seed Funding

October 25, 2023 9:00 AM

Revolutionary API provides access to top carriers for instant quote and bind capabilitiesNEW YORK, NY / ACCESSWIRE / October 25, 2023 / Today, CoverForce, the first independent insurance platform bringing streamlined comparisons and one-click buying to commercial insurance, officially emerged from stealth mode, unveiling its comprehensive suite of products made specifically for agency networks, wholesalers, and software companies. The company's...

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BOK Financial Corporation Reports Quarterly Earnings of $134 million or $2.04 Per Share in the Third Quarter
Banking & Financial ServicesEarnings

BOK Financial Corporation Reports Quarterly Earnings of $134 million or $2.04 Per Share in the Third Quarter

October 25, 2023 7:55 AM

TULSA, OK / ACCESSWIRE / October 25, 2023 /CEO CommentaryStacy Kymes, president and chief executive officer, stated, "We recognized another solid quarter of earnings driven by our diverse business model, which prudently balances interest revenue with non-interest revenues and allows us to perform well in a multitude of business climates. Non-interest revenues now represent 40% of our total revenues. In addition, we continue to focus on...

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Rvvup Payments Launches Industry First for Payment Links
Banking & Financial ServicesProduct Announcements

Rvvup Payments Launches Industry First for Payment Links

October 25, 2023 7:00 AM

LONDON, UK / ACCESSWIRE / October 25, 2023 / Rvvup, a rapidly scaling new success in the future of payments, is thrilled to launch a first-in-class Payment Links solution. Rvvup Pay Links offers online businesses a faster, more secure way to create, share and get paid by card or even Pay by Bank.Rvvup Pay Links Rvvup Pay Links - Create a payment link, share and get paid. With 75% of payment links paid within one day of receipt, Rvvup Pay Links...

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Avidbank Holdings, Inc. Announces Net Income of $5.4 Million for the Third Quarter of 2023
Banking & Financial ServicesEarnings

Avidbank Holdings, Inc. Announces Net Income of $5.4 Million for the Third Quarter of 2023

October 24, 2023 5:03 PM

SAN JOSE, CA / ACCESSWIRE / October 24, 2023 / Avidbank Holdings, Inc. (OTC PINK:AVBH) announced net income for the third quarter of 2023 of $5.4 million, or $0.72 per diluted share, compared to $4.7 million, or $0.63 per diluted share, for the second quarter of 2023 and $7.0 million, or $0.95 per diluted share, for the third quarter of 2022.Third Quarter 2023 HighlightsLoans increased $19.6 million, or 5% annualized, from June 30, 2023, and...

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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend
Banking & Financial ServicesDividends

Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

October 24, 2023 1:20 PM

STURGIS, MI / ACCESSWIRE / October 24, 2023 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.17 per common share, payable December 15, 2023, to stockholders of record November 15, 2023. This declaration continues the quarterly dividend at the highest level in the Company's history, in recognition of strong earnings and asset quality.Sturgis Bancorp is the holding company for...

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Sturgis Bancorp, Inc. Reports Earnings for Third Quarter 2023
Banking & Financial ServicesEarnings

Sturgis Bancorp, Inc. Reports Earnings for Third Quarter 2023

October 24, 2023 1:15 PM

STURGIS, MI / ACCESSWIRE / October 24, 2023 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $3.2 million for the third quarter 2023, and $6.4 million for the first nine months of 2023.Sturgis Bancorp is the holding company for Sturgis Bank & Trust Company (Bank), and its subsidiaries Oakleaf Financial Services, Oak Mortgage, Ayres/Oak Insurance, and Oak Title Services. The Bank provides a full array of trust, commercial and...

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Sydney-Based Omega to Join Focus Partner Firm MEDIQ Financial Services, Expanding MEDIQ’s Presence in Australia
Banking & Financial ServicesMergers and Acquisitions

Sydney-Based Omega to Join Focus Partner Firm MEDIQ Financial Services, Expanding MEDIQ’s Presence in Australia

October 24, 2023 12:00 PM

NEW YORK, NY / ACCESSWIRE / October 24, 2023 / Focus Financial Partners Inc. ("Focus"), a leading partnership of fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Omega Financial Solutions Pty Ltd and Omega Accounting Solutions Pty Ltd (collectively, "Omega"), an integrated financial services firm based in Sydney, will join partner firm MEDIQ Financial Services("MEDIQ"), headquartered...

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