Economic history of Italy

Farmers & Merchants Bancorp, Inc. Announces Completion of Subordinated Note Offering

Retrieved on: 
Monday, August 2, 2021

The Company intends to use the net proceeds from the Offering for general corporate purposes, including financing acquisitions and organic growth.

Key Points: 
  • The Company intends to use the net proceeds from the Offering for general corporate purposes, including financing acquisitions and organic growth.
  • I am pleased to announce the successful completion of our subordinated note offering, said Lars B. Eller, President and Chief Executive Officer.
  • About Farmers & Merchants State Bank:
    The Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897.
  • Farmers & Merchants Bancorp, Inc. (F&M) wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995.

First Foundation Bank Expands Commercial Banking Team in Los Angeles

Retrieved on: 
Monday, August 2, 2021

First Foundation Inc. (NASDAQ: FFWM) (First Foundation), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced the expansion of their Commercial Banking team in Los Angeles county with the appointment of Matthew Ashworth as SVP, Director of Commercial Banking, Leeza Jinian as SVP, Commercial Banking Manager, and Yenee Mesfin as SVP, Commercial Banker.

Key Points: 
  • First Foundation Inc. (NASDAQ: FFWM) (First Foundation), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced the expansion of their Commercial Banking team in Los Angeles county with the appointment of Matthew Ashworth as SVP, Director of Commercial Banking, Leeza Jinian as SVP, Commercial Banking Manager, and Yenee Mesfin as SVP, Commercial Banker.
  • First Foundation Bank recently promoted Michael Berry to Commercial Banking Executive to lead all the banks Corporate Banking, Commercial Banking, Small Business, and Public Finance teams ( https://www.firstfoundationinc.com/news-insights/first-foundation-bank-p... ).
  • Yenee Mesfin will be responsible for cultivating new client relationships within Los Angeles county and expanding the reach of First Foundation Banks commercial banking offering.
  • We are excited to continue growing our Commercial Banking team, especially across the LA region, said Michael Berry, Commercial Banking Executive of First Foundation Bank.

Bank of Blue Valley Launches New Home Improvement Loan for Low- to Moderate- Income Consumers

Retrieved on: 
Friday, July 30, 2021

Were proud to launch this new loan product to help the communities we serve, said Brent Giles, President and CEO at Bank of Blue Valley.

Key Points: 
  • Were proud to launch this new loan product to help the communities we serve, said Brent Giles, President and CEO at Bank of Blue Valley.
  • Bank of Blue Valley is dedicated to meeting the needs of our customers by providing access to credit.
  • The new Home Improvement loan will provide credit for those who need it most.
  • This new product is part of a broader initiative at Bank of Blue Valley and HTLF to help consumers in need of credit.

New Mexico Bank & Trust Launches New Home Improvement Loan for Low- to Moderate-Income Consumers

Retrieved on: 
Friday, July 30, 2021

Were proud to launch this new loan product to help the communities we serve, said Greg Leyendecker, President and CEO at New Mexico Bank & Trust.

Key Points: 
  • Were proud to launch this new loan product to help the communities we serve, said Greg Leyendecker, President and CEO at New Mexico Bank & Trust.
  • New Mexico Bank & Trust is dedicated to meeting the needs of our customers by providing access to credit.
  • This new product is part of a broader initiative at New Mexico Bank & Trust and HTLF to help consumers in need of credit.
  • HTLF has banks serving communities in New Mexico, California, Colorado, New Mexico, Iowa, Kansas, New Mexico, Missouri, Montana, New Mexico, Texas and New Mexico.

Minnesota Bank & Trust Launches New Home Improvement Loan for Low- to Moderate- Income Consumers

Retrieved on: 
Thursday, July 29, 2021

Were proud to launch this new loan product to help the communities we serve, said Stephen Bishop, President and CEO at Minnesota Bank & Trust.

Key Points: 
  • Were proud to launch this new loan product to help the communities we serve, said Stephen Bishop, President and CEO at Minnesota Bank & Trust.
  • Minnesota Bank & Trust is dedicated to meeting the needs of our customers by providing access to credit.
  • This new product is part of a broader initiative at Minnesota Bank & Trust and HTLF to help consumers in need of credit.
  • HTLF has banks serving communities in Arizona, California, Colorado, Minnesota, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas and Minnesota.

Federal Home Loan Bank of Indianapolis Declares Dividends, Reports Earnings

Retrieved on: 
Thursday, July 29, 2021

Advances outstanding at June30, 2021, at carrying value, totaled $27.6 billion, a net decrease of $3.7 billion, or 12%, from December31, 2020.

Key Points: 
  • Advances outstanding at June30, 2021, at carrying value, totaled $27.6 billion, a net decrease of $3.7 billion, or 12%, from December31, 2020.
  • The liquidity portfolio at June30, 2021 totaled $13.1 billion, a net increase of $2.4 billion, or 22%, from December31, 2020.
  • The Bank's liquidity portfolio consists of cash, interest-bearing deposits, securities purchased under agreements to resell, federal funds sold and U.S. Treasury securities.
  • The Bank's regulatory capital-to-assets ratio10 at June30, 2021 was 5.77%, which exceeds all applicable regulatory capital requirements.

Citywide Banks Launches New Home Improvement Loan for Low- to Moderate-Income Consumers

Retrieved on: 
Thursday, July 29, 2021

Were proud to launch this new loan product to help the communities we serve, said Michael Wamsganz, President and CEO at Citywide Banks.

Key Points: 
  • Were proud to launch this new loan product to help the communities we serve, said Michael Wamsganz, President and CEO at Citywide Banks.
  • Citywide Banks is dedicated to meeting the needs of our customers by providing access to credit.
  • The new Home Improvement loan will provide credit for those who need it most.
  • This new product is part of a broader initiative at Citywide Banks and HTLF to help consumers in need of credit.

Rocky Mountain Bank Launches New Home Improvement Loan for Low- to Moderate- Income Consumers

Retrieved on: 
Thursday, July 29, 2021

Were proud to launch this new loan product to help the communities we serve, said Tod Petersen, President and CEO at Rocky Mountain Bank.

Key Points: 
  • Were proud to launch this new loan product to help the communities we serve, said Tod Petersen, President and CEO at Rocky Mountain Bank.
  • Rocky Mountain Bank is dedicated to meeting the needs of our customers by providing access to credit.
  • This new product is part of a broader initiative at Rocky Mountain Bank and HTLF to help consumers in need of credit.
  • Rocky Mountain Bank, a subsidiary of Heartland Financial USA, Inc. operating under the brand name HTLF, is a community-invested bank with $647 million in assets.

Total Expert Expands Platform Capabilities to Modernize the Customer Experience for Banks and Lenders

Retrieved on: 
Thursday, July 29, 2021

Our most recent updates to Total Expert enable banks and lenders to easily transform their data into meaningful customer connections by turning customer insights into action and impact.

Key Points: 
  • Our most recent updates to Total Expert enable banks and lenders to easily transform their data into meaningful customer connections by turning customer insights into action and impact.
  • Banks and lenders who embrace Total Expert understand the need to modernize and provide value to todays financial consumer.
  • The Total Experience Platform unifies data, marketing, sales, and compliance solutions to provide a cohesive experience across the customer lifecycle.
  • Total Expert turns customer insights into actions to increase loyalty and drive growth for banks, lenders, credit unions, and other financial services firms.

Cambridge Savings Bank Expands Credit Facility to Purity Services

Retrieved on: 
Thursday, July 29, 2021

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team has added on to an existing credit facility extended to Purity Services, Inc. , a full-service healthcare linen rental and commercial laundering company based in New Bedford, Massachusetts.

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team has added on to an existing credit facility extended to Purity Services, Inc. , a full-service healthcare linen rental and commercial laundering company based in New Bedford, Massachusetts.
  • As an existing CSB customer, Purity Services turned to the bank for a credit facility that will support their new growth opportunities.
  • We are excited to deepen our relationship with Purity Services and support their continued success, said Yvonne Kizner , Senior Vice President Asset Based Lending, Cambridge Savings Bank.
  • Cambridge Savings Bank is the bank you can trust to provide customized services to meet your business needs.