NWR

Third Coast Bancshares, Inc. Celebrates Earth Month 2024, Reinforcing its Commitment to Impact & Sustainability

Retrieved on: 
Lunedì, Aprile 29, 2024
Agriculture, Ecosystem, Animal, Water, Habit, Gulf of Mexico, NWR, Plant, Environment, Culture, Tree, Wetland, Arbor Day, Bird, Seedling, Silviculture

HOUSTON, April 29, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced its observance of Earth Month throughout April, showcasing its dedication to sustainability and making a significant impact for the environment.

Key Points: 
  • HOUSTON, April 29, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced its observance of Earth Month throughout April, showcasing its dedication to sustainability and making a significant impact for the environment.
  • "Third Coast is dedicated to deepening its environmental consciousness in our team members and our communities," said Bart Caraway, Third Coast's President, and Chief Executive Officer.
  • Plus, during the month of April, we renewed our commitment to sustainable habits across all our locations.
  • Each year, Third Coast spotlights its commitment to Impact & Sustainability through its corporate responsibility priorities: (1) environmental consciousness, (2) human capital management, and (3) community outreach.

Third Coast Bancshares, Inc. Celebrates Arbor Day with 2nd Annual Tree Planting Campaign

Retrieved on: 
Venerdì, Aprile 28, 2023
Arbor Day, SSB, NWR, Agriculture, Tree, Rio Grande, San Luis National Wildlife Refuge Complex, Forest, Plant, Animal, Soil, Gulf of Mexico, Water, Hydrology, Lower Rio Grande Valley National Wildlife Refuge, Ecology, Ecosystem, Bird, Disease, Wetland, Forestry, Silviculture, Hunting, Third Coast

HOUSTON, April 28, 2023 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, SSB, today announced that, in honor of Arbor Day, it has partnered with A Living Tribute, a sponsor of reforestation projects across North America, for its 2nd Annual Tree Planting Campaign.  The campaign recognizes each of its approximately 370 employees by planting a tree in their honor. Each employee received a customized e-certificate to commemorate the planting.

Key Points: 
  • HOUSTON, April 28, 2023 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, SSB, today announced that, in honor of Arbor Day, it has partnered with A Living Tribute, a sponsor of reforestation projects across North America, for its 2nd Annual Tree Planting Campaign.
  • The campaign recognizes each of its approximately 370 employees by planting a tree in their honor.
  • In 2022, Third Coast's inaugural tree planting campaign resulted in the bedding of 338 native tree seedlings in South Texas forests.
  • The campaign supported the tree planting and reforestation work of both the Santa Ana and Lower Rio Grande Valley National Wildlife Refuges (NWR).

Lautenbach Restructures NW Recycling after Purchase of Company

Retrieved on: 
Giovedì, Marzo 30, 2023
Recycling, NWR, NW, Transport, Lautenbach, Whatcom

BELLINGHAM, Wash., March 30, 2023 /PRNewswire-PRWeb/ -- As Lautenbach Recycling expands it's Recycling Services through Whatcom and Skagit County, they are consolidating and moving all Recycling Services to the main company. Torrey Lautenbach says that these types of changes to our operations allows us to more effectively manage all the incoming scrap material and do this more efficiently. Effective April 1st these changes will take effect.

Key Points: 
  • The metal recycling, metal dumpster and all recycling activities will move to Lautenbach Recycling.
  • While the Storage Container Rentals, Job Shack and Steel Road Plate Rentals will still operate under the NW Recycling Brand.
  • BELLINGHAM, Wash., March 30, 2023 /PRNewswire-PRWeb/ -- As Lautenbach Recycling expands it's Recycling Services through Whatcom and Skagit County, they are consolidating and moving all Recycling Services to the main company.
  • Lautenbach Industries is one of the region's premier employers and the largest family-owned recycling company in Washington State.

KBRA Assigns Ratings to Alaska USA Federal Credit Union

Retrieved on: 
Lunedì, Febbraio 27, 2023
Professional Services, Finance, NCO, Outlook, Family, ESG, Non-commissioned officer, Insurance, Alaska USA Federal Credit Union, NWR, Risk, BBB, Growth, Total, Capital, KBRA, LLR, NPAS, COVID-19, Bank, Telescopic sight, K3

KBRA assigns deposit and senior unsecured debt ratings of BBB, a subordinated debt rating of BBB-, and short-term deposit and debt ratings of K3 for Anchorage, Alaska-based Alaska USA Federal Credit Union (“Alaska USA” or “the credit union”).

Key Points: 
  • KBRA assigns deposit and senior unsecured debt ratings of BBB, a subordinated debt rating of BBB-, and short-term deposit and debt ratings of K3 for Anchorage, Alaska-based Alaska USA Federal Credit Union (“Alaska USA” or “the credit union”).
  • Alaska USA has navigated the COVID-19 pandemic well, relative to many credit union peers with peak NCOs of 0.35% in 2020.
  • The credit union has elected the Complex Credit Union Leverage Ratio (CCULR), in lieu of the Total Risk-Based Capital ratio, which is 9.3% at 4Q22 and only slightly above the 9.0% minimum.
  • Historically, the credit union has managed its NWR below industry aggregate between 9.0% - 9.6% from 2012 to 2019.

TorQuest Partners Announces Acquisition of North West Rubber

Retrieved on: 
Martedì, Novembre 30, 2021
CEO, NWR, Workforce, Acquisition, Company, Partnership, Leadership, Ownership, Growth, Recycling

TORONTO, Nov. 30, 2021 /PRNewswire/ - TorQuest Partners ("TorQuest") is pleased to announce that it has completed the acquisition of North West Rubber Ltd. ("NWR" or the "Company"), a leading manufacturer and distributor of recycled and virgin rubber matting and other flooring products.

Key Points: 
  • TORONTO, Nov. 30, 2021 /PRNewswire/ - TorQuest Partners ("TorQuest") is pleased to announce that it has completed the acquisition of North West Rubber Ltd. ("NWR" or the "Company"), a leading manufacturer and distributor of recycled and virgin rubber matting and other flooring products.
  • Daniel Sonshine, Partner at TorQuest, said, "This is the sixth platform investment for TorQuest Partners Fund V and continues to showcase our well-established strategy of investing in great Canadian businesses.
  • About North West Rubber Ltd.
    North West Rubber is a leading manufacturer and distributor of recycled and virgin rubber matting and other flooring products for use in the consumer, farm, athletic facilities, and industrial end markets.
  • With more than C$3 billion of equity capital under management, TorQuest is currently investing from TorQuest Partners Fund V, a C$1.375 billion fund that closed in March 2020.