Fulton Financial Corporation

Fulton Bank Welcomes Two New Members to Board of Directors

Retrieved on:

Mardi, août 8, 2023

Banking, Professional Services, Finance, Fulton Financial Corporation, Engineering, High, J.M. High Company, Bank, Fulton, Multimedia, Telecommunications, Management

Fulton Bank today announced the appointments of Retired Rear Admiral Dr. Jan Hamby and CEO of The High Companies Mike Shirk to the Bank’s board of directors.

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Fulton Bank today announced the appointments of Retired Rear Admiral Dr. Jan Hamby and CEO of The High Companies Mike Shirk to the Bank’s board of directors.
View the full release here: https://www.businesswire.com/news/home/20230808010805/en/
Dr. Hamby, a highly decorated naval officer, brings more than 35 years of expertise and leadership in telecommunications, space, cyber and national security to Fulton Bank’s board of directors.
Mike Shirk, CEO of The High Companies, one of the largest family-owned employers in central Pennsylvania, brings more than 25 years of business management, strategy and engineering experience to Fulton Bank’s board of directors.
“We are thrilled to expand Fulton Bank’s board of directors with two accomplished leaders, Dr. Jan Hamby and Mike Shirk,” said Fulton Chairman, President and CEO Curtis J. Myers.

FINSYNC Announces Open Network to Connect Bankers With Businesses and Accelerate Growth

Retrieved on:

Mercredi, juillet 26, 2023

(“FINSYNC”), the all-in-one platform that serves as a financial network to help connect everything and everyone needed to centralize control of cash flow and build a successful business, today announced bankers and companies can enjoy the benefits of its network for free.

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(“FINSYNC”), the all-in-one platform that serves as a financial network to help connect everything and everyone needed to centralize control of cash flow and build a successful business, today announced bankers and companies can enjoy the benefits of its network for free.
“Our mission is to help businesses manage cash flow with less time and improved results by working with financial partners who use our software to deliver unmatched services.
“Being able to connect with and empower local businesses in our community is core to who we are," said Cathy Cooper, EVP and chief consumer banker at WaFd Bank, a FINSYNC partner.
FINSYNC’s open network — with additional benefits like CollectEarly — can help streamline operations and fast-track payments.

Fulton Bank Announces Recipients of Two $3,000 Women in Technology Scholarships

Retrieved on:

Mardi, juillet 11, 2023

Fulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today announced that Ashley DeLong and Yazlin Moujalled have been chosen to each receive a $3,000 scholarship.

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Fulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today announced that Ashley DeLong and Yazlin Moujalled have been chosen to each receive a $3,000 scholarship.
The scholarships were awarded by Fulton’s Women in Technology employee resource group to women studying in the science, technology, engineering or mathematics (STEM) fields.
Both recipients will be attending undergraduate programs in the fall:
Ashley DeLong is from Fleetwood, Pennsylvania and graduated from Brandywine Heights High School.
“Fulton Bank is proud to honor these two women who have shown their dedication and perseverance to continuing their education in the STEM field,” said Kelly Salvato, an Information Technology Project Manager and Chairperson of Fulton’s Women in Technology Employee Resource Group.

Fulton Financial Corporation Announces Dates for Second Quarter 2023 Earnings Release and Webcast

Retrieved on:

Lundi, juillet 10, 2023

Banking, Professional Services, Finance, Fulton Financial Corporation, Corporation, Senior, Management

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its second quarter 2023 earnings release and accompanying charts on Tuesday, July 18, at approximately 4:30 p.m. Eastern Time.

Key Points:

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its second quarter 2023 earnings release and accompanying charts on Tuesday, July 18, at approximately 4:30 p.m. Eastern Time.
The Corporation will host its quarterly conference call with analysts who cover the company on Wednesday, July 19, at 10:00 a.m. Eastern Time.
Fulton Financial Corporation, a $27 billion Lancaster, Pa.-based financial holding company, has approximately 3,300 employees and operates more than 200 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.
Additional information on Fulton Financial Corporation can be found at www.fult.com .

Cemtrex Closes Acquisition of Heisey Mechanical Ltd. to Expand AIS Industrial Segment

Retrieved on:

Vendredi, juillet 7, 2023

Fulton Financial Corporation, Girjesh Govil, Heisey, Ageing, Government, EPA, EBITDA, Acquisition, ASME, Water, Adjustment, Real estate

Located in Columbia, Pennsylvania, Heisey Mechanical is focused on steel fabrication and contracting primarily to the commercial and industrial water treatment industry, as well as other service industries.

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Located in Columbia, Pennsylvania, Heisey Mechanical is focused on steel fabrication and contracting primarily to the commercial and industrial water treatment industry, as well as other service industries.
“This first acquisition of an established contractor in a growth market is highly synergistic with our Advanced Industrial Services (“AIS”) subsidiary’s expansion strategy,” said Saagar Govil, Cemtrex Chairman and CEO.
“We will build on Heisey Mechanical ’s achievements, enabling us to expand our fabrication capabilities into new markets.
Cemtrex funded the transaction with a $2,160,000 term loan from Fulton Bank, no new shares were issued in connection with this acquisition.

Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends

Retrieved on:

Mardi, juin 20, 2023

Banking, Professional Services, Finance, Fulton Financial Corporation, Fulton

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.16 per share on its common stock, payable on July 14, 2023, to shareholders of record as of July 3, 2023.

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Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.16 per share on its common stock, payable on July 14, 2023, to shareholders of record as of July 3, 2023.
This is a one cent per share increase from the quarterly cash dividend that the Board declared on March 21, 2023.
In addition, Fulton announced that the Board declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on July 17, 2023, to shareholders of record as of July 2, 2023, for the period from and including April 15, 2023 to, but excluding, July 15, 2023.
Fulton, a $27 billion Lancaster, Pennsylvania-based financial holding company, has more than 3,300 employees and operates more than 200 financial centers in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.

Pittsburgh Student Wins Regional Youth Entrepreneurship Competition

Retrieved on:

Jeudi, juin 15, 2023

Fulton Financial Corporation, LLP, Enterprise, EY, Westhill High School, Woman, Pittsburgh Science and Technology Academy, Brooklyn High School of the Arts, Creativity, NFTE, Student, Professional Scouter (Boy Scouts of America), Ernst, Mercy College, John E. Dwyer Technology Academy, Assurance, Ernst & Young, Management, Entrepreneurship

NEW YORK, June 15, 2023 /PRNewswire/ -- Global entrepreneurship education nonprofit Network for Teaching Entrepreneurship (NFTE) has named five student businesses as the winners of its annual Mid-Atlantic Regional Youth Entrepreneurship Challenge.

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NEW YORK, June 15, 2023 /PRNewswire/ -- Global entrepreneurship education nonprofit Network for Teaching Entrepreneurship (NFTE) has named five student businesses as the winners of its annual Mid-Atlantic Regional Youth Entrepreneurship Challenge.
1st Place: Hannah Russell of Pittsburgh Science and Technology Academy for Plateau, a custom platform shoe company, featuring a detachable top and sole design.
2nd Place: Tationna Pack of Pittsburgh Science and Technology Academy for One-Minute Vending, a multicultural beauty vending machine business.
The NFTE Mid-Atlantic Youth Entrepreneurship Challenge was presented by Ernst & Young LLP (EY US) and Santander, with associate support from the Citi Foundation and Reference Point.

Fulton Financial Corporation Names Karthik Sridharan as Chief Operations and Technology Officer

Retrieved on:

Lundi, juin 12, 2023

Fulton Financial Corporation (NASDAQ: FULT) today announced that Karthik Sridharan has joined as Senior Executive Vice President, Chief Operations and Technology Officer.

Key Points:

Fulton Financial Corporation (NASDAQ: FULT) today announced that Karthik Sridharan has joined as Senior Executive Vice President, Chief Operations and Technology Officer.
Sridharan will be responsible for leading a team of information technology and operations professionals focused on leveraging leading technology to provide the best digital customer experience at Fulton Bank.
Since 2019, he has served as Chief Information Officer, Executive Vice President, at OceanFirst Bank in Red Bank, NJ.
Prior to that, from 2011-2019, he worked as Chief Technology Officer, Enterprise Operations and Technology, for Citigroup in New York, NY.

Cemtrex to Acquire Mechanical Contracting and Steel Fabrication Company to Expand AIS Industrial Segment

Retrieved on:

Jeudi, juin 8, 2023

Fulton Financial Corporation, Girjesh Govil, Maritime Industrial Services, Ageing, AIS, Government, EPA, EBITDA, Acquisition, ASME, Water, Growth, Adjustment, Hand, South Central Pennsylvania

Founded in 1988 in Central Pennsylvania, the industrial service contractor is focused on steel fabrication and contracting primarily to the commercial and industrial water treatment industry, as well as other service industries.

Key Points:

Founded in 1988 in Central Pennsylvania, the industrial service contractor is focused on steel fabrication and contracting primarily to the commercial and industrial water treatment industry, as well as other service industries.
“This acquisition of an established contractor in a growth market is highly synergistic with our Advanced Industrial Services (“AIS”) subsidiary,” said Saagar Govil, Cemtrex Chairman and CEO.
Cemtrex reported a strong fiscal second quarter 2023 performance for its Industrial segment, with revenue increasing 23% to $6.2 million for the three months ended March 31, 2023.
The Company believes AIS will continue to expand revenues and may exceed its original 3% target of $21.8 million for fiscal year 2023, driven by continued strength in the Industrial Services market.

Fulton Bank Launches Diverse Business Banking Program

Retrieved on:

Mardi, juin 6, 2023

Women, Defense, Finance, Banking, Professional Services, Consumer, Veterans, LGBTQ+, Fulton Financial Corporation, Diversity (business), Woman, LGBTQ, Management

Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has launched a Diverse Business Banking program designed to meet the unique needs of minority, women, veteran and LGBTQ business owners.

Key Points:

Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has launched a Diverse Business Banking program designed to meet the unique needs of minority, women, veteran and LGBTQ business owners.
“This program advances our purpose to change lives for the better,” said Fulton Financial Chairman, President and CEO Curtis J. Myers.
“We are committed to making financing and banking products more accessible to groups that, historically, have been underserved.”
The cornerstone of the program is Fulton Bank’s Diverse Business Advocates, bankers who have earned a special certification and can provide one-on-one mentorship, educational resources, and custom solutions to meet the needs of diverse business owners.
“In addition to serving diverse businesses, we want to strengthen relationships with community organizations so we can connect diverse businesses with the network and resources they need to succeed.”
More information – including links to educational resources and networking opportunities – is available on Fulton Bank’s Diverse Business Banking website.