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.

Glint Advertising Helps Prestige Credit Union Celebrate 80 Years

Daylong anniversary party at Prestige C.U. June 17. - June 12, 2016 - Glint Advertising

Jeane M. Coyle Honored by United Way of Bucks County for Community Service

Penn Community Bank CEO receives Dr. Stanton Kelton Service Award from local nonprofit. - June 11, 2016 - Penn Community Bank

Billion Dollar Sting: a Financial Institution’s SWIFT Nightmare by Panda Security

PandaLabs, the security division of Panda Security have been investigating the evolutionary approach of hackers to the financial sector. For years cybercriminals have had their focus on money, and specifically the financial sector. For the last decade they have been mainly targeting the weakest... - June 09, 2016 - Panda Security

Maura A. Mckenna Joins Private Bank of Buckhead Team

Maura A. Mckenna Joins Private Bank of Buckhead Team

Based in Buckhead, the veteran banker serves clients across the metro area. - June 08, 2016 - Private Bank of Buckhead

Feischer S. A. Pleased to Announce Martin Nagel as M.D. of European Operations

Feischer S. A. are pleased to announce that Martin Nagel is the company's new M.D. for their European operations, based in their Luxembourg office. - June 03, 2016 - Feischer S.A.

Penn Community Bank to Sponsor Women in Business Scholarship Dinner

Scholarships from the Women in Business Committee of the Central Bucks Chamber of Commerce help women continue their education to return to the workforce or shift careers. - June 02, 2016 - Penn Community Bank

A New Way to Invest in Bitcoin

A New Way to Invest in Bitcoin

ExeBTC is offering new multiple investment packages for worldwide investors. - May 31, 2016 - ExeBTC LLC.

Star Finserv Launches SME Business Loan Division

Star Finserv, a registered Non-Banking Financial Company (NBFC) provides access to both capitals - financial and human capital. Financial capital by way of loan is provided to SMEs when we are convinced they have strong fundamentals and are focussed on business performance innovation. Each company... - May 28, 2016 - Star Finserv India Limited

Moneylend.net Becoming Much More Than a Traditional Online Loan Referral Source

Moneylend.net is an online personal and business loan search referral site. A spokesperson for the company states that “currently over 60% of the consumers who apply for a loan through a lender found on their site are approved for a loan.” To increase the company’s value to consumers and in an effort to become widely known as a trusted source and reliable source of matching consumers, both personal and business with viable online lenders, the company includes a blog on their site. - May 26, 2016 - Moneylend.net

NominoData Announces Release of Panama Papers Associates and Relations Data File

NominoData a compliance data solutions technology company announces the release of a data file enhancing the information contained in the recently exposed Panama Papers. This file provided by NominoData contains over 150,000 names and live sites of Politically Exposed Persons (PEPS)/Reputation Exposed Persons (REPS) associated and related to individuals named in the Panama Papers. This data is an important file for conducting enhanced due diligence. - May 25, 2016 - NominoData LLC

Avoiding Scams Against Seniors - Learn About Current Scams Targeting Seniors and How to Protect Yourself - with Jason Novotny, Johnson County District Attorney's Office

Avoiding Scams Against Seniors - Learn About Current Scams Targeting Seniors and How to Protect Yourself - with Jason Novotny, Johnson County District Attorney's Office

Waddell & Reed, Estate Planning Kansas City, and ReeceNichols Leawood South are proud to announce a Seasons of Retirement event: Scams Against Seniors, 11:00am Wednesday, June 8th at 6300 Lamar Avenue, Overland Park, Kansas. - May 24, 2016 - Estate Planning Kansas City

Private Bank of Buckhead Adds Portfolio Manager Gregory Shakes

Private Bank of Buckhead Adds Portfolio Manager Gregory Shakes

Private Bank of Buckhead has named Gregory Shakes as Vice President and Portfolio Manager. Throughout his career, Shakes has worked at several top-tier financial institutions and possesses knowledge in many areas including diversified commercial banking, corporate finance, middle-market banking, asset-based lending, commercial real estate and private wealth management. - May 24, 2016 - Private Bank of Buckhead

Mars National Bank Receives Recognition Award for 115 Charter Anniversary

Mars National Bank Receives Recognition Award for 115 Charter Anniversary

Mars National Bank celebrated their 115-year charter anniversary at the Pennsylvania Bankers Association (PA Bankers) Group 8 meeting held on April 12 at the Pittsburgh Marriott North, Cranberry Township. PA Bankers recognizes member charter anniversaries every five years from the date of that... - May 24, 2016 - Mars Bank

Paragon Reports Most Profitable Quarter in Bank History

Paragon Bank (OTCBB: PGNN.OB) today reported that the first quarter of 2016 was the most profitable in the bank's more than 10-year history. Total revenue increased to $4.2 million, which compares to the previous record of $3.5 million during the fourth quarter of 2015, and is an increase of 19%. - May 21, 2016 - Paragon Bank

GSF Mortgage Establishes First Branch in Alabama

GSF Mortgage is pleased to announce that it has opened its first branch in Alabama and it will be managed by Kathi “Kit” Mickelson and she brings 23 years of industry experience to TeamGO. She has a background in sales and marketing and became fascinated with the amount of people that... - May 21, 2016 - GoGSF

Private Bank of Buckhead Adds Dillon Mulkey as Personal Banker

Private Bank of Buckhead Adds Dillon Mulkey as Personal Banker

Private Bank of Buckhead has named Dillon Mulkey a Personal Banker. Says he enjoys being able to tailor service to each client. - May 20, 2016 - Private Bank of Buckhead

Atlanta-Based National Mortgage Company, PrivatePlus Adds Rick Williams

Atlanta-Based National Mortgage Company, PrivatePlus Adds Rick Williams

PrivatePlus Mortgage, a division of Private Bank of Buckhead, has named Rick Williams as a Vice President and Mortgage Banker. He served eight years in the United States Army and holds a certificate in Business Management from the University of Maryland. “Rick’s military experience is... - May 20, 2016 - PrivatePlus Mortgage

First Service Credit Union Hosting Spanish-Language Social Security Seminar

First Service Credit Union is hosting a Social Security seminar for those whose first language is Spanish. The seminar will be held May 24 at the Gulf Freeway branch in South Houston. - May 18, 2016 - First Service Credit Union

First Service Credit Union Buys Houston Building for New Headquarters

Building in West Houston Energy Corridor will house corporate operations and new branch for First Service Credit Union. - May 18, 2016 - First Service Credit Union

Retirement Plan Advisors & York College of Pennsylvania Host Retirement Planning Success Event

RPA to present at the college’s Human Resources Symposium June 8-10. - May 17, 2016 - Retirement Plan Advisors

Mars National Bank’s Dionise Serves on CLO Board

Mars National Bank’s Dionise Serves on CLO Board

James V. Dionise, President and Chief Executive Officer of Mars National Bank is serving on the Pittsburgh CLO Board of Directors. “I am excited to be involved with Pittsburgh CLO. They have a long and rich history in the region and continue to expand their impact,” said Jim Dionise,... - May 17, 2016 - Mars Bank

Cedar Brooks’ Howard Slater Coaches Teens on Financial Literacy

Howard Slater, partner and principal of Cedar Brook Financial Group, and consummate volunteer devoted to teaching financial literacy to students, completed courses at two Cleveland schools. - May 16, 2016 - Cedar Brook Financial Partners LLC

Nikko-Desjardins Asset Management: Scott Morison Insinuates a Tax Cut, Says It's Part of an "Economic Plan"

Scott Morrison, the Treasurer of Australia, recently made a statement saying that his first budget will be unlike any budgets that Australia has seen. Morrison hinted towards a tax cut and said that he plans to increase education spending. - May 14, 2016 - Nikko-Desjardins Asset Management

Marc Cormier Named Top Real Estate Agent

Marc Cormier Named Top Real Estate Agent

Marc Cormier joins the ranks of the region’s foremost real estate agents in a new magazine listing. - May 12, 2016 - Tania Ivey Real Estate Group part of BHHS

Fifth Column Capital, LLC Partners with GetClams.com Crytocurrency Project - Invests $23M

Fifth Column Capital, LLC was formed in April of this year with an initial round of funding of $23,000,000.00 for the sole purpose of partnering with GetClams.com, specifically for marketing. It will be invested in ways to radically increase market penetration and adoption of CLAMS-GCS Virtual Currency. Its marketing road map includes investing in global Merchant and ATM Networks shortly followed by a national advertising. - May 11, 2016 - Fifth Column Capital, LLC

BDA Advises Doosan E&C on Sale of Its Heat Recovery Steam Generator Business to GE Power

BDA Partners is pleased to announce that its client, Doosan Engineering & Construction Co Ltd (“Doosan E&C”), a leading Korean construction company, has agreed to sell its heat recovery steam generator business, Doosan E&C HRSG, for KRW300bn (US$260m) to GE Power, a division... - May 11, 2016 - BDA Partners Ltd

Private Bank of Decatur Adds Asif Mujtaba to Team

Private Bank of Decatur Adds Asif Mujtaba to Team

Private Bank of Buckhead has named Asif Mujtaba as Senior Vice President and Relationship Manager. He will be based out of the Private Bank of Decatur location, and service customers across the Metro area. “Asif has such an accomplished banking career,” says Brent Adams, Executive Vice... - May 10, 2016 - Private Bank of Decatur

Stella Homes Forms Stella Realty Group - Joins Volusia Building Industry Association

Stella Homes Forms Stella Realty Group - Joins Volusia Building Industry Association

Stella Homes, Inc Announces the Formation of Stella Realty Group a Florida Real Estate Corporation – Joins the Volusia Building Industry Association. - May 07, 2016 - Stella Homes

BDA Advises ST Kinetics on Sale of Its 60% Stake in Guizhou Jonyang Kinetics to GICAM

BDA Partners is pleased to announce that its client, Singapore Technologies Kinetics Ltd (“STK”), has signed a definitive agreement to sell its 60% stake in Guizhou Jonyang Kinetics Co Ltd (“GJK”) to Guiyang Industrial & Commercial Assets Management Co Ltd... - May 07, 2016 - BDA Partners Ltd

Penn Community Insurance Joins Alliance of Automotive Service Providers of Pennsylvania to Launch New Chapter

Subsidiary of Penn Community Bank helps launch Bucks County chapter of AASP. - May 07, 2016 - Penn Community Bank

Toastmasters of Centerville Hosts “Are You An Informed Consumer?” Workshop May 14th, 2016

Toastmasters of Centerville Public Speaking & Leadership Club, in connection with civil justice NPO, Call to Action Atlanta, introduces smart and shopper-savvy informational panel for consumers to Gwinnett County on Saturday, May 14th 2016. - May 07, 2016 - Toastmasters of Centerville Public Speaking & Leadership Club

Community and Business Leaders Named to Board of Penn Community Bank

Robert L. Byers, Ross Choate, Cheri Freeh, and Krista Pool Harper have been re-installed to board of Bucks County’s leading mutual financial institution. - May 06, 2016 - Penn Community Bank

A Program That's Changing the Way We Buy Homes

A Program That's Changing the Way We Buy Homes

Many consumers looking to purchase a home are unaware of a new solar program that allows them to bundle solar into their mortgage during their home purchase. The program, “Solar Ready Homes,” allows qualified borrowers to exceed their loan limit by up to 20 percent for the purpose of... - May 05, 2016 - Solar Ready Homes

Axia Technology Partners Announces New Advisory Board Members;  Company Adds iLAB Managing Director and Former Ontario Systems CEO

Axia Technology Partners Announces New Advisory Board Members; Company Adds iLAB Managing Director and Former Ontario Systems CEO

Axia Technology Partners, a leading national provider of IP technology solutions based in Indianapolis, has appointed two new members to its advisory board. Gerry Bailey, managing director of iLAB North America, and Wil Davis, former CEO of Ontario Systems LLC, will provide high-level strategic... - May 05, 2016 - Kerauno

GSF Mortgage Welcomes Mortgage Loan Originator in Southwestern Wisconsin

GSF Mortgage is pleased to welcome Kim Bussan as a mortgage loan originator in Cuba City, Wisconsin. He joins TeamGO with 19 years of mortgage industry experience and is able to lend in the tri-state area: Iowa, Illinois and Wisconsin. Bussan’s focus will be on advertising and working with... - May 05, 2016 - GoGSF

University of Maryland Partners with iGrad for Financial Literacy Education

University of Maryland Partners with iGrad for Financial Literacy Education

The University will integrate the award-winning online platform to ensure students succeed in making effective financial decisions. - May 04, 2016 - iGrad

IASG Launches Broker Dealer to Serve an Expanding Audience for Managed Futures

IASG Launches Broker Dealer to Serve an Expanding Audience for Managed Futures

IASG Alternatives LLC is an independent and highly specialized financial services group that provides access to a premier platform of managed futures investments designed to meet the needs of sophisticated investors. - May 04, 2016 - IASG Alternatives LLC

New President for T.E. Johnson and Sons

New President for T.E. Johnson and Sons

T.E. Johnson and Sons, an investment real estate company, announces the election of Phillip W. Johnson, Jr. as the new president of the firm. This continues a hundred year family corporate legacy of a real estate firm assisting customers and owners. Phillip, currently serves as the Vice President... - May 03, 2016 - T.E. Johnson & Sons

Equiant Names Mike Wright as Director of Information Technology

Equiant Names Mike Wright as Director of Information Technology

Equiant, a Scottsdale, Ariz.-based receivables servicing provider, has named Mike Wright as director of information technology, positioning the company to continue its recent advances in information security and digital data management. "Mike has the right blend of management ability and... - May 03, 2016 - Equiant

Geo Global Disposes of U.S. Subsidiary and Implements Management Changes

Geo Global Group Ltd. (“Geo Global”), a Marshall Islands Company formerly listed on the ISDX Market in London and RB Consultancy Ltd. (“RBC”) have entered into an agreement and Geo Global Group Ltd. shuffles management and names new CEO. Former CEO becomes Chairman. - May 03, 2016 - Geo Global Group Ltd

Mars National Bank and First Front Door Helps First Time Homebuyers

Mars National Bank is again promoting the Federal Home Loan Bank Pittsburgh’s (FHLBank) program for first time homebuyers called “First Front Door.” The program supports first time homebuyers through down payment and closing cost assistance. Through First Front Door (FFD),... - May 03, 2016 - Mars Bank

Ferol W. Hettick Recognized as a VIP for 2016 By Strathmore's Who's Who Worldwide Publication

Ferol W. Hettick Recognized as a VIP for 2016 By Strathmore's Who's Who Worldwide Publication

Ferol W. Hettick of Jackson, Mississippi has been recognized as a VIP for 2016 by Strathmore’s Who’s Who Worldwide for his outstanding contributions and achievements in the financial field. About Ferol W. Hettick Mr. Hettick has over 40 years experience and over 30 years in the field... - May 03, 2016 - Strathmore Worldwide

New Novel Delivers Valuable Financial Planning Information Through Experience of Young Adult

In her debut novel, entitled How Ally Found Her Financial Freedom, author Dora DeLellis integrates financial planning solutions into the life of her main character, a young professional struggling to get out of debt. Released on May 1, 2016, How Ally Found Her Financial Freedom is available for $5. - May 02, 2016 - Dora DeLellis CPA

Marketforce to Host The Future of Digital Banking on 29th & 30th June in London

Now in its 4th year, The Future of Digital Banking will bring together over 200 bankers from across the globe to discuss the key issues shaping the industry in this era of digital innovation. - May 01, 2016 - Marketforce

Annual List Names Canada’s Financial Industry Rising Stars

Twenty five wealth advisors have been recognized in a list of the industry’s most promising young professionals. - April 30, 2016 - Key Media

GSF Mortgage Welcomes Regional Manager in Ohio

GSF Mortgage Welcomes Regional Manager in Ohio

GSF Mortgage is pleased to welcome Todd Pennington as a regional manager in Ohio. He is a 20-year veteran to the mortgage industry and has been involved in both the retail and wholesale arena. He has held various positions such as wholesale representative, state manager and area manager. As... - April 29, 2016 - GoGSF

SafeGuard Guaranty Launches RetirementSavings.us; New Website Designed to Help Consumers Learn About Savings for Retirement

The SafeGuard Guaranty today announced the launch of its fully featured website, www.retirementsavings.us, as a financial informational site that provides educational resources on subjects such as financial planning, insurance, and annuities, as well as helpful financial tips for retirement... - April 28, 2016 - Safeguard Guaranty

Habersham Funding: Life Insurance Act is Win for Consumers

Habersham Funding: Life Insurance Act is Win for Consumers

HB 193 signed into law: Georgians who request lapse or surrender of a life policy will now be informed of alternatives; agents safe to make disclosures. - April 27, 2016 - Habersham Funding, LLC

PopIsle Becomes the First Ad Network to Pay with BitCoin

PopIsle is an advertisement network, connecting advertisers with publishers (webmasters & mobile app developers), serving pop under ads, traditional graphical and text ads in websites and mobile apps. Recently, PopIsle announced that they had expanded payment options available to publishers by adding BitCoin. - April 27, 2016 - PopIsle

Capital Services Data Scientist to Speak at FICO World

Capital Services' Chief Data Scientist, Alfred Furth, will be a featured panel speaker at FICO World, April 26-29 in Washington, D.C. Furth will share best practices for the evaluation and adoption of FICO Score 9, and describe how Capital Services uses scorecards, prediction tools, and analytics... - April 27, 2016 - Capital Services

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