Banking & Financial Services News
Get a balanced look at what’s new in the banking and financial services industry. This section features information about commercial banking services and products, credit unions, credit card companies, cryptocurrency, compliance issues and news from banking and financial service companies.
Meadows Bank Net Income Rises 33% in 2018
Meadows Bank, headquartered in Las Vegas, NV, announced today that in 2018 the Bank’s After Tax Net Income grew 33% to $15.8 million, up from 11.9 million in 2017. As of December 31, 2018, Total Assets of Meadows Bank grew by 9% from the prior year end to $858.7 million from $791.0... - February 06, 2019 - Meadows Bank
Potrero Hill Restaurant Avoids Rising Rent by Purchasing Building with SBA 504 Loan from TMC Financing
TMC Financing helped owners of Plow to secure $2.5 million in total project cost through the SBA 504 loan program. The funds were used to purchase a 4,000 square foot mixed-use property in the Potrero Hill neighborhood of San Francisco. - February 06, 2019 - TMC Financing
Home Helpers Secures Partnership with Promisor Residential
New partnership works to help clients remain in the comfort of their home and fund the in-home care they need. - February 01, 2019 - Home Helpers - Evansville, IN
Yaxit Limited is Building the First Ever Mobile ATM
First every mobile ATM or ATM on Wheels prototype is being crowdfunded. - February 01, 2019 - Yaxit
Two-Day "DNA Accredited" Financial Advisor Training Promises Wealth Management Edge
Atlanta-based DNA Behavior International helps early adopters of behavioral insights platform take their practices to the next level through two-day workshop culminating in DNA Accredited Advisor certification. - January 31, 2019 - DNA Behavior International
Singapore Management University (SMU) Partners with IMAA to Provide Best Practices in Mergers & Acquisitions Education
Singapore Management University (SMU) and the Institute for Mergers, Acquisitions and Alliances (IMAA) announced a new collaboration that aspires to set new standards of learning within the Mergers & Acquisitions (M&A) landscape in South East Asia. This partnership aims to make global best... - January 31, 2019 - Institute for Mergers, Acquisitions and Alliances (IMAA)
Spencer Savings Bank Holds Annual Meeting and Announces Board of Directors Election Results
Dedicated leader and 40 year banking veteran is re-elected to the bank’s Board of Directors. Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., has re-elected Jose B. Guerrero to the bank’s Board of Directors, for a term of three years. The election was announced at its Annual Meeting, held at the Royal Manor in Garfield, on January 24, 2019. - January 31, 2019 - Spencer Savings Bank
First Service Credit Union Member Wins $50,000 in Cash Rewards Sweepstakes
One lucky member of First Service Credit Union was handed a check for $50,000 after winning the grand prize in the credit union’s 2018 Cash Rewards Sweepstakes. The lucky winner, Dennis Sanders of Lake Jackson has been a member of First Service since 2005. Sanders has remained a First... - January 27, 2019 - First Service Credit Union
The Palm Beach Hedge Fund Association Welcomes the Van Hoek/Tremblay Team of UBS Private Wealth Management as Its New Member and Sponsor
The Palm Beach Hedge Fund Association (PBHFA) welcomes Cornelis Johannes "CJ" Van Hoek and Nathalie Tremblay from the Van Hoek/Tremblay team of UBS Private Wealth Management in West Palm Beach. - January 26, 2019 - Palm Beach Hedge Fund Association
Closing Disclosures Continue to Cause Mortgage QC Trouble in 2018
MetaSource Study Finds Closing Disclosure Problems Still Dominating the Top 15 Quality Control Issues in Loan Origination. - January 24, 2019 - MetaSource
Sigma Tax Pro Reminds Taxpayers That the IRS Will Continue to Issue Refund Payments During Government Shutdown
Certain services will be offline, but returns will be accepted and refunds will be paid. - January 22, 2019 - Sigma Tax Pro LLC
More Affiliate Marketing Management: ArrowShade Introduces New Account Managers to Its Growing Team
ArrowShade announced today that it will be adding to its dedicated account management team to support network expansion. ArrowShade is one of the largest affiliate networks in the industry that provides a dedicated affiliate management team. The network focuses on financial offers, benefiting from... - January 22, 2019 - ArrowShade
Mars Bank, Butler Radio Team Up to Support Veterans in Need
Mars Bank and the Butler Radio Network presented a check for $3,200 to Veterans in Need of Butler County. The bank and WISR, WBUT, and 97.7 The Rock Station donated as well as raised funds at community events, the Veterans Day Parade in Butler, and at Mars Bank locations. Veterans in Need provides... - January 17, 2019 - Mars Bank
Ocala Auction Professional Jon Barber Recognized with Tranzon Driggers 2018 Top Sales Award
Jon K. Barber, a Vice President with Tranzon Driggers, a real estate auction firm working throughout the Southeastern U.S., was recently recognized as the 2018 Top Sales Award Winner at the company’s annual meeting. Jon was acknowledged as having the highest real estate closed sales volume... - January 15, 2019 - Tranzon Driggers
The College Investor Ranks the Top Tax Software of 2019
The College Investor has released their annual list of the best tax software. Along with ranking the best options for free tax software and more, there are new additions to the list including best virtual tax preparation service. - January 14, 2019 - The College Investor
Mars Bank’s Shawn Proper Appointed to Statewide Policy Committee
Shawn R. Proper, Senior Vice President Mortgage and Consumer Lending at Mars Bank, has been appointed to the Pennsylvania Bankers Association’s (PA Bankers) Government Relations Policy Committee. - January 10, 2019 - Mars Bank
Meadows Bank Increases Rate on IOLTA Funds to Support Organizations That Provide Low or No-Cost Legal Aid
Meadows Bank, Member FDIC, announced that it has raised the interest rate paid on IOLTA Funds (Lawyers Trust Accounts). The earned interest from the Interest on Lawyers Trust Account (IOLTA) program is an important source of funding for the organizations supported by the Nevada Bar Foundation,... - January 08, 2019 - Meadows Bank
Paytah App Goes Live and Customers Now Have Access to IBAN Accounts Running on the Blockchain
Paytah Payment Solutions announced the release of its new digital platform: The Paytah Wallet – a multicurrency account App running on the blockchain. - January 04, 2019 - Paytah Payment Solutions
Hensley / Elam Announces Sponsorship in Kentucky Cyber Security Conference
Russ Hensley, CEO of Hensley / Elam, announces that his firm will sponsor the 5th annual Kentucky Cyber Security Conference. - January 02, 2019 - Hensley / Elam
Puerto Rico Based Real Estate Firm Begins to Ramp Up
Investment is coming back to Puerto Rico - December 31, 2018 - Direct Source Wealth
Peter Wassileff of HomeSmart Evergreen Realty Presents a New Approach to Finding the Perfect Home to Buy
To assist buyers to find their perfect home, Peter Wassileff, as a licensed realtor and marketing specialist, utilizes a Dream Home Finder Program that finds unlisted homes using a targeted marketing campaign. - December 28, 2018 - HomeSmart Realty
ABUKAI Module for Accounting Firms Managing a Large Set of Clients
ABUKAI’s Client-Based Management Module Empowers Firms to Easily Manage Clients and Delegate Client Administration across the Staff. - December 27, 2018 - ABUKAI
Globtec Investment Group Announces $170 Million Investment in Public Infrastructure and Real Estate Projects in the Visegrád States
Globtec Investment Group, a leading global investor in innovative infrastructure projects, today announced it is making a major and highly-anticipated entry to the European Union market. The company is investing $170 million in capital in public infrastructure and real estate projects in the V4, in partnership with an international investor consortium. Globtec is currently in talks with local authorities to finalize project details, including potential locations. - December 26, 2018 - Globtec Investment LLC
Spencer Savings Bank Recognizes Anthony Niciejewski, NJBankers Emerging Leaders Rising Star Award Winner
Anthony Niciejewski, Spencer Savings Bank’s Business Banking Officer, was recently honored with the NJBankers Emerging Leaders Rising Star Award. Spencer sat down with Anthony to learn about paving a path to success – his way. - December 26, 2018 - Spencer Savings Bank
Direct Source Wealth Announces Acquisition and Sale Recap for 2018; A Great Year for Investors
Direct Source Wealth makes giant strides in 2018. - December 23, 2018 - Direct Source Wealth
Texas Trust Credit Union Hosts Financial Reality Fair
For 250 high school students, a day at the Mansfield ISD Center for the Performing Arts provided a glimpse into their post-school financial lives. They attended the Texas Trust Credit Union-sponsored Financial Reality Fair, a day-long learning experience in how to handle their finances once they... - December 20, 2018 - Texas Trust Credit Union
ArrowShade Announces Plans to Grow Affiliate Network in 2019; Now Taking on New Lead Sellers
Tribal Sovereign Owned Affiliate Network Now Taking on New Affiliates. - December 18, 2018 - ArrowShade
John Netto, Author of The Global Macro Edge, to Launch Central Bank Index Product
The ability to quickly assess the result of pivotal central bank decisions has been made easier through the creation of indexes by combining John Netto's expertise with the robustness of MPACT! Software. - December 18, 2018 - The Protean Trader
Johnson & Wales University Launches Student Financial Literacy Class with iGrad’s New Classroom Integration Resources
Classes Complement iGrad’s Online Financial Wellness Platform. - December 18, 2018 - iGrad
Morris Local Joins Morris Building and Loan to Drive Growth and Build Relationships
Paula Mercer will serve as new retail manager for community bank. - December 16, 2018 - Morris Building and Loan
Guidance Residential CEO Khaled Elsayed Named 2018 HousingWire Vanguard
Leadership award recognizes leaders for their vital contribution to their companies and the overall mortgage industry. - December 12, 2018 - Guidance Residential
OVIE LLC Offers a New Customizable Design for the Piggy Bank
The classic savings bank has been given an exciting update in design and personal expression by OVIE. The sleek modern design of the OVIE Bank can be customized to inspire a variety of savings goals. The included non-toxic dry chalk markers are used to personalize the fund title. This unique take on the traditional savings bank will become a favorite for those wishing to stay motivated, showcase their creativity, and watch their saving grow. - December 10, 2018 - OVIE LLC
EQDerivatives Launches Machine Learning/Alt Data Platform, machineByte
machineByte is a platform dedicated to machine learning in investment management across data, learning types, markets and asset classes. - December 08, 2018 - machineByte
Nashville Tax Practitioner Completes Rigorous National Tax Practice Institute™
Tyrone J. Taylor, EA, has earned the prestigious Fellow designation from the National Association of Enrolled Agents (NAEA) for completing the three levels of the National Tax Practice Institute (NTPI®). This achievement demonstrates Tyrone J. Taylor, EA’s dedication to protecting... - December 07, 2018 - Taylor Tax and Financial Consulting
Introducing the Trade Like A Girl Academy Fall Graduating Class of 2018
Girls Gone Forex and Trade Like A Girl Academy proudly recognize the hard work and achievements of the Fall graduating class of Girls Gone Forex University. - December 07, 2018 - Kiss Trading Academy
NAPA Names Pamela Appell to List of 2018 Top Women Advisors
The National Association of Plan Advisors (NAPA) recently named Plexus Financial Services, LLC’s Vice President of Client Relations Pamela Appell to its list of 2018 Top Women Advisors. - December 05, 2018 - The Plexus Groupe
Eclipse Air Charter Expands Operations with New NYC Office as Demand for Private Aircraft Charter Continues to Grow
Toronto-born Eclipse Air Charter is expanding its on-demand, private aircraft charter service business with a new office in the heart of Midtown Manhattan. Benefitting from the continued leadership of Founder & Managing Director Yasmin Alam, Eclipse Air Charter provides access to an extensive range of private jet charter options, with a simple pay-as-you-go service with no long-term commitment, initial outlay, membership fee or management charges. - December 05, 2018 - Eclipse Air Charter
Texas Trust Credit Union Marketing Campaign Wins Silver Davey Award
Texas Trust Credit Union’s promotional home equity campaign received a silver Davey award from the Academy of Interactive and Visual Arts (AIVA). The four-color posters and billboards were created by Tractor Creative based in Lorena, Texas. The collateral was recognized among 3,000 entries... - December 05, 2018 - Texas Trust Credit Union
Brent Hagar's State Farm Agency, Serving the Tulsa Community, Has Received the Company’s Prestigious President’s Club Award
This top award recognizes the agent’s outstanding sales ability, plus honors agents who align their business with the long-term direction of the company and who act as advocates for their customers. Only 50 agents a year are granted this award for being a top agent in a particular line of... - December 04, 2018 - Brent Hagar, State Farm Insurance Agent
Meadows Bank Ranks #1 in Small Business Administration (SBA) 7(a) and 504 Lending
Meadows Bank announced that it finished the U.S. Small Business Administration fiscal year ending 9/30/18 as the #1 lender in SBA 7(a) and 504 loans in Nevada (ranked by dollar volume). “Meadows Bank continues to demonstrate its dedication to the local Nevada economy by being named... - December 04, 2018 - Meadows Bank
Silicon Prairie Investment Crowdfunding Portal First to Offer Self-Directed IRA Funding Option
Silicon Prairie Online (https://sppx.io), the first investment crowdfunding portal company to link blockchain based distributed ledgers under an Initial Crowd Offering model is pleased to announce the ability to invest with a Self-Directed Individual Retirement Account (SD-IRA) through an... - December 02, 2018 - Silicon Prairie Portal & Exchange
Hurricane Harvey Victim Writes the Book on Achieving Health and Wealth and Coming Back from Financial Hardship
In "The C.A.S.H. Formula" - a just-released how-to wealth-building book with a twist, author WenFang Bruchett shares her proven strategies for success that combine hard-hitting financial tactics with a dose of mindfulness and wellness. As founder of a company that helps starts-ups become... - November 29, 2018 - BlissFinance
Spencer Savings Bank Sponsors Lunch Program, Feeds Hundreds of Needy Community Members, and Distributes Over 1,000 Hygiene Items
It is commendable when organizations assist community members during the holiday season. Spencer Savings Bank recently sponsored the “Fund A Meal” program at Eva’s Village to help celebrate the spirit of the season by giving back. Employees also visited the nonprofit to help serve a hot lunch meal to hundreds of needy community members. Goodie bags filled with more than 1,000 hygiene items were also distributed to the guests. - November 29, 2018 - Spencer Savings Bank
Cornerstone CU League Honors Texas Trust Credit Union with Four Marketing Awards
Texas Trust Credit Union received four Pinnacle awards from the Cornerstone Credit Union League at its annual marketing conference. Pinnacle awards recognize excellence in credit union marketing, public relations, and business development. Texas Trust’s “Your Future is Bright”... - November 29, 2018 - Texas Trust Credit Union
FMW Media Works Corp. "Exploring the Block" Broadcast and Filming Schedule for November
FMW Media Works announce its November broadcast schedule, new clients and who will be in studio in November. “New to the Street” and “Exploring the Block” TV Programing “Exploring the Block” business TV in October 2018 looking forward to the following CEOs and... - November 27, 2018 - New to the Street
Direct Auto & Life Insurance to Host "National Interview Day" on December 5
Direct Auto & Life Insurance will host a hiring event, National Interview Day, from 10 a.m.-7 p.m. on Wed., Dec. 5, 2018 at 15 participating store locations in Alabama, Arkansas, Florida, North Carolina, South Carolina, Tennessee, Texas and Virginia. - November 26, 2018 - Direct Auto Insurance
ioBanker Launches the First Trustless 100% Full Digital Reserve Banking Platform Built on Top of a Smart Contract on Blockchain
A Regulated state of art cryptocurrency exchange to support the ancient concept of “full reserve banking.” - November 26, 2018 - ioBanker
Three Fire Units Win Mars Bank’s Facebook Contest; Receive Donation
As part of Mars Bank’s Step Forward campaign, three local fire units received donations from the bank for their involvement in the bank’s Step Forward for first responders Facebook contest. The Step Forward campaign was a two-month celebration of first responders, active military, and veterans. It ran from September 11 to November 11, Veterans Day. - November 23, 2018 - Mars Bank
Contentoo Launches Content-Production Platform
Contentoo is officially launching this month. With the rise of content marketing and marketing automation software, the demand for high-quality content has never been greater. Yet, the process for creating content still relies on inefficient, outdated methods. Contentoo offers a solution for this, with a talent pool of freelance writers and journalists and smart software that enables companies to work with them. - November 22, 2018 - Contentoo
CompareRemit Expands Its Reach to Canada
The leading cross-border money transfer comparison portal expands corridor offering to cater to growing Canadian immigrant market. - November 19, 2018 - CompareRemit