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Orange County Bancorp, Inc. Announces Record Results for Q2, 2023
Banking & Financial ServicesEarnings

Orange County Bancorp, Inc. Announces Record Results for Q2, 2023

July 26, 2023 4:30 PM

Net Income increased $7.0 million, or 330.6%, to $9.1 million for the quarter ended June 30, 2023 from $2.1 million for the quarter ended June 30, 2022Total Assets grew $206.6 million, or 9.0%, to $2.5 billion at June 30, 2023 from $2.3 billion at year-end 2022Total Loans grew $143.7 million, or 9.2%, to $1.7 billion at June 30, 2023 from $1.6 billion at December 31, 2022Total Deposits rose $163.9 million, or 8.3%, to $2.1 billion at June 30,...

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Coastal Carolina Bancshares, Inc. Reports Second Quarter Results
Banking & Financial ServicesEarnings

Coastal Carolina Bancshares, Inc. Reports Second Quarter Results

July 26, 2023 3:07 PM

MYRTLE BEACH, SC / ACCESSWIRE / July 26, 2023 / Coastal Carolina Bancshares, Inc. (the "Company") (OTCQX:CCNB), parent of Coastal Carolina National Bank (the "Bank"), reported unaudited financial results for the second quarter of 2023. The Company reported net income of $4,105,348 or $0.66 per share for the six months ended June 30, 2023, compared to $2,859,227 or $0.46 per share for the same period ended June 30, 2022, a 43% increase. Net...

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Versant Capital Management Announces Ownership Transition
Banking & Financial ServicesMergers and Acquisitions

Versant Capital Management Announces Ownership Transition

July 26, 2023 1:00 PM

20-year Phoenix-based wealth management firm expands into Dallas marketPHOENIX, AZ / ACCESSWIRE / July 26, 2023 / Versant Capital Management, Inc., an independent wealth management and registered investment advisory (RIA), recently announced an ownership transition and expansion into the Dallas market. Founder and Chief Investment Officer Thomas J. Connelly, CFA, CFP, has transitioned his majority ownership to longtime business partner Elizabeth...

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Orlando Credit Union Awarded Community Impact Grant From Southeastern Credit Union
Banking & Financial ServicesAwards

Orlando Credit Union Awarded Community Impact Grant From Southeastern Credit Union

July 26, 2023 12:00 PM

ORLANDO, FL / ACCESSWIRE / July 26, 2023 / Orlando Credit Union has been awarded a Community Impact Grant from the Southeastern Credit Union Foundation. The Community Impact Grant program prioritizes funding projects that address barriers to the well-being and prosperity of credit union members and their communities, with a focus on financial wellness and education, diversity, equity and inclusion, health, housing, and hunger, as well as...

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WyHy Federal Credit Union Donates $35,000 to Food Bank of Wyoming, Providing Over 100,000 Meals to Neighbors in Need
Banking & Financial ServicesEnvironmental, Social and Governance

WyHy Federal Credit Union Donates $35,000 to Food Bank of Wyoming, Providing Over 100,000 Meals to Neighbors in Need

July 26, 2023 11:00 AM

CHEYENNE, WY / ACCESSWIRE / July 26, 2023 / WyHy Federal Credit Union, a leading financial institution dedicated to serving its community, is proud to announce a substantial donation of $35,000 to the Food Bank of Wyoming. The donation was made possible through the Federal Home Loan Bank (FHLB) matching grant program. This contribution will support the Food Bank in its mission to provide nutritious meals to individuals and families facing food...

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Forum Real Estate Income and Impact Fund Report Q2 2023 Results and Student Housing Acquisition
Banking & Financial ServicesCompany Update

Forum Real Estate Income and Impact Fund Report Q2 2023 Results and Student Housing Acquisition

July 26, 2023 10:45 AM

TORONTO, ON / ACCESSWIRE / July 26, 2023 / The Forum Real Estate Income and Impact Fund ("REIIF" or the "Fund") released its results for the second quarter ended June 30, 2023.Series F investors in REIIF have earned a return of 3.20% year-to-date, including the monthly distribution (3.83 cents/Series F/month or a 4.3% annualized distribution yield 1 ).REIIF's Purpose Built Student Accommodation (PBSA) properties, situated on-campus at York...

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TruWest Credit Union Partners With ampliFI Loyalty Solutions
Banking & Financial ServicesPartnerships

TruWest Credit Union Partners With ampliFI Loyalty Solutions

July 26, 2023 9:30 AM

NAPERVILLE, IL / ACCESSWIRE / July 26, 2023 / ampliFI Loyalty Solutions, a market-leading provider of customized loyalty and engagement program solutions for financial institutions, is excited to announce its partnership with TruWest Credit Union, an Arizona-based institution founded in 1952, with assets totaling more than $1.5 billion. TruWest Credit Union has steadily grown in the digital space in recent years and continues to introduce...

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KeyBank Buffalo Teammate Shares What
Banking & Financial ServicesEnvironmental, Social and Governance

KeyBank Buffalo Teammate Shares What "Neighbors Make the Difference Day" Means to Her

July 26, 2023 9:15 AM

NORTHAMPTON, MA / ACCESSWIRE / July 26, 2023 / Each year, thousands of KeyBank teammates come together on "Neighbors Make the Difference Day." This day of volunteering and engagement with non-profit organizations across KeyBank's footprint is the hallmark of Key's commitment to its communities and a leading corporate volunteerism effort in America.For the past several years, Tamica Lewis, a Vendor Contact Center Manager at KeyBank, has...

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Inspiring Conversations: Truist Foundation Helps Synergies Work Bridge the Gap Between the Business and Disability Communities
Banking & Financial ServicesDiversity, Equity and Inclusion

Inspiring Conversations: Truist Foundation Helps Synergies Work Bridge the Gap Between the Business and Disability Communities

July 26, 2023 8:15 AM

NORTHAMPTON, MA / ACCESSWIRE / July 26, 2023 / Synergies Work was started by Aarti Sahgal six years ago when she noticed no other incubators or accelerators were supporting entrepreneurs with disabilities. Since its launch, Synergies Work has supported more than 200 entrepreneurs with disabilities in launching more than 50 startups.To further propel our world to be a place where people living with disabilities can thrive, Synergies Work...

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ArtCap Strategies Co-Arranges With Apollo Global Funding LLC, a USD 90 Million Senior Secured Term Loan for Banesco (Panama) S.A.
Banking & Financial ServicesFinancing

ArtCap Strategies Co-Arranges With Apollo Global Funding LLC, a USD 90 Million Senior Secured Term Loan for Banesco (Panama) S.A.

July 26, 2023 8:00 AM

ArtCap Strategies ("ArtCap") is a fund specialized in direct lending throughout Latin America and the CaribbeanGEORGE TOWN, CAYMAN ISLANDS / ACCESSWIRE / July 26, 2023 / ArtCap Strategies, a Cayman-based investment group specialized in direct lending throughout Latin America and the Caribbean, is pleased to announce the successful closing of a 10-year USD 90 million senior secured term loan for Banesco (Panama) S.A. ("Banesco"), Panama's fourth...

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BOK Financial Corporation Reports Quarterly Earnings of $151 Million or $2.27 Per Share in the Second Quarter
Banking & Financial ServicesEarnings

BOK Financial Corporation Reports Quarterly Earnings of $151 Million or $2.27 Per Share in the Second Quarter

July 26, 2023 7:55 AM

TULSA, OK / ACCESSWIRE / July 26, 2023 /CEO CommentaryStacy Kymes, president and chief executive officer, stated, "I am proud of the exceptional second quarter financial results delivered across the board by our team. Wealth segment revenues set another record this quarter, and core loans reached an all-time high led by the commercial and industrial segments. Our growth efforts are supported by the vitality of our geographic footprint as well as...

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BV Financial, Inc. Announces Expected Closing Date of Conversion Transaction
Banking & Financial ServicesIPO

BV Financial, Inc. Announces Expected Closing Date of Conversion Transaction

July 25, 2023 4:30 PM

BALTIMORE, MD / ACCESSWIRE / July 25, 2023 / BV Financial, Inc. (the "Company") (OTC PINK:BVFL), the holding company for BayVanguard Bank, announced today that all regulatory approvals have been received to close the conversion of Bay-Vanguard, M.H.C., Inc. (the "MHC") from mutual to stock form and the related stock offering by the Company.Closing is expected to occur after the close of business on July 31, 2023. The...

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Castle Hall Launches Due Diligence University With First Due Diligence Primer on Audited Financial Statements
Banking & Financial ServicesCompany Update

Castle Hall Launches Due Diligence University With First Due Diligence Primer on Audited Financial Statements

July 25, 2023 4:00 PM

MONTREAL, QC / ACCESSWIRE / July 25, 2023 / Castle Hall, the Due Diligence Company, today announced the launch of Due Diligence University ("DDU"). This platform, available on Castle Hall's website, will provide a growing ecosystem of tools and resources to help both investors and asset managers understand and implement operational best practice across both alternative and traditional asset classes.Castle Hall Logo Castle Hall Logo Due...

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Truist Foundation Grants $1.5M to Urban Strategies Inc. to Assist Small Businesses Supporting Community Revitalization
Banking & Financial ServicesEnvironmental, Social and Governance

Truist Foundation Grants $1.5M to Urban Strategies Inc. to Assist Small Businesses Supporting Community Revitalization

July 25, 2023 3:40 PM

NORFOLK, VA / ACCESSWIRE / July 25, 2023 / Today, Truist Foundation announced a $1.5 million grant to Urban Strategies Inc. (USI), a national nonprofit that focuses on the design and implementation of human capital development strategies in communities undergoing physical revitalization across the U.S. USI will use the funding to support its community development financial institution (CDFI) in establishing a bridge to capital and wealth...

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DividendChannel.com Celebrates 12th Anniversary
Banking & Financial ServicesCompany Update

DividendChannel.com Celebrates 12th Anniversary

July 25, 2023 2:15 PM

JERICHO, NY / ACCESSWIRE / July 25, 2023 / Dividend Channel is celebrating twelve years since its launch as a premier research website focused on dividend-paying stocks, featuring our proprietary DividendRank system which ranks the coverage universe of dividend stocks by a number of criteria, aiming to uncover interesting stock ideas for further research.Popular site features include our Dividend Reinvestment Calculator, the ever-changing safe...

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Bank of Idaho Holding Company Reports Second Quarter 2023 Financial Results
Banking & Financial ServicesEarnings

Bank of Idaho Holding Company Reports Second Quarter 2023 Financial Results

July 25, 2023 12:00 PM

IDAHO FALLS, ID / ACCESSWIRE / July 25, 2023 / Bank of Idaho Holding Company (the "Company") (OTCQX:BOID), the holding company for Bank of Idaho (the "Bank"), today announced its unaudited financial results for the quarter ended June 30, 2023. The Company reported consolidated net income of $2,274,000, or $0.51 per diluted share, for the second quarter of 2023. This compares to $1,589,000, or $0.36 per diluted share, for the...

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Making Sure Language Translations Are Clear and Nuanced for Customers
Banking & Financial ServicesDiversity, Equity and Inclusion

Making Sure Language Translations Are Clear and Nuanced for Customers

July 25, 2023 10:45 AM

NORTHAMPTON, MA / ACCESSWIRE / July 25, 2023 / U.S. Bank Photo: Alicia Lopez is based in Los Angeles.Originally published on U.S. Bank company blogImagine logging on to your mobile banking app to find a nearby branch and seeing the list described as tree branches. When language translations aren't done with the proper nuance, some phrases can potentially confuse customers, and that's something that Alicia Lopez and the translation team she...

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Franklin Templeton Employees Celebrate Global Month of Service and Make a Difference in the Global Community
Banking & Financial ServicesEnvironmental, Social and Governance

Franklin Templeton Employees Celebrate Global Month of Service and Make a Difference in the Global Community

July 25, 2023 10:15 AM

NORTHAMPTON, MA / ACCESSWIRE / July 25, 2023 / Franklin TempletonJune Impact Days, the firm's global month of service, is an opportunity to demonstrate those values and make a tangible impact by volunteering.This June, Franklin Templeton celebrated its 17th year of Impact Days. The company hosted a variety of local and global volunteering events in June designed to make a difference in the lives of those in need, while giving employees a chance...

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How P2P Lending is Revolutionizing Investing
Banking & Financial ServicesFinancing

How P2P Lending is Revolutionizing Investing

July 25, 2023 10:00 AM

NEW YORK, NY / ACCESSWIRE / July 25, 2023 / Facilitating direct connections between borrowers and lenders, peer to peer (P2P) lending has ushered in new investment opportunities. Eliminating traditional financial institutions from P2P lending gives investors an opportunity to employ it as a means of portfolio diversification. This is how P2P lending is revolutionizing investing-alongside asset-based alternative investments such as those offered...

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KeyBank Washington Receives SBA Honor
Banking & Financial ServicesEnvironmental, Social and Governance

KeyBank Washington Receives SBA Honor

July 25, 2023 9:15 AM

NORTHAMPTON, MA / ACCESSWIRE / July 25, 2023 / KeyBankKeyBank has been recognized by the Small Business Administration for the most small loans valued at $350,000 or less for fiscal year 2022 in Washington Congressional District 9. The award was presented at KeyBank's Renton Highlands Branch in Renton, Washington. Key has been a top performing SBA Preferred Lender for over two decades, helping countless small businesses obtain access to capital...

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