United Community Bank

STOCKHOLDER ALERT: The M&A Class Action Firm Continues its Investigation of the Merger – SUMO, CSII, NUVA, FMIA

Retrieved on: 
Saturday, February 18, 2023
Community, Laboratory, Abbott Laboratories, FMIA, NUVA, Francisco Partners, CSII, Globus Medical, Empire, Sale, Monteverde, Testosterone and the cardiovascular system, United Community Bank, SUMO, NuVasive, OTC, Security (finance), United

Under the terms of the agreement, SUMO shareholders are expected to receive $12.05 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, SUMO shareholders are expected to receive $12.05 in cash per share they own.
  • Under the terms of the agreement, CSII shareholders are expected to receive $20.00 in cash per common share they own.
  • Under the terms of the agreement, NUVA shareholders are expected to receive 0.75 shares of Globus per share they own.
  • Under the terms of the agreement, FMIA shareholders are expected to receive 10.2685 shares of United per share they own.

United Community Banks, Inc. and First Miami Bancorp, Inc. Announce Merger Agreement

Retrieved on: 
Monday, February 13, 2023
Mergers and acquisitions, Morgan Stanley, Community, Wachtell, Lipton, Rosen & Katz, Trust, First, FMIA, Acquisition, Sale, Culture, United Community Bank, Partnership, OTC, Stephens Inc., Drug, Bank, United

Additionally, First Miami shareholders will receive a special cash dividend at closing from net proceeds of the sale of certain investment securities held by First Miami.

Key Points: 
  • Additionally, First Miami shareholders will receive a special cash dividend at closing from net proceeds of the sale of certain investment securities held by First Miami.
  • FNBSM is headquartered in South Miami, Florida, and operates three offices in the high-growth Miami metropolitan area.
  • “We are extremely pleased to join forces with FNBSM to expand our presence in Miami.
  • The merger agreement was unanimously approved by the boards of directors of First Miami and United.

Moore Kuehn Encourages SUMO, ARGO, FMIA, and AQUA Investors to Contact Law Firm

Retrieved on: 
Thursday, February 16, 2023
Community, United Community Bank, Francisco Partners, Fraud, PLLC, Wall Street, Logic, Security (finance), Bank, Xylem

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:

Key Points: 
  • Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
    Sumo Logic has agreed to merge with affiliates of Francisco Partners.
  • Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq.
  • Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
  • Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.

SHAREHOLDER ALERT: The M&A Class Action Firm Announces the Investigation of First Miami Bancorp, Inc. - FMIA

Retrieved on: 
Wednesday, February 15, 2023
Sale, Monteverde, Community, Empire, United Community Bank, OTC, FMIA, Security (finance), United

NEW YORK, Feb. 14, 2023 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating First Miami Bancorp, Inc. (OTC: FMIA ), relating to its proposed sale to United Community Banks, Inc.

Key Points: 
  • NEW YORK, Feb. 14, 2023 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating First Miami Bancorp, Inc. (OTC: FMIA ), relating to its proposed sale to United Community Banks, Inc.
  • Under the terms of the agreement, FMIA shareholders are expected to receive 10.2685 shares of United per share they own.
  • Click here for more information: https://www.monteverdelaw.com/case/first-miami-bancorp-inc .
  • It is free and there is no cost or obligation to you.

BCT-The Community's Bank Welcomes Danny Vargas to Loudoun County Advisory Board

Retrieved on: 
Friday, February 10, 2023
OTC, Virginia Board of Health, Global Oneness Project, Enterprise software, Circuit court, American City Business Journals, The Marketing Group, Hispanic and Latino Americans, Workforce development, Advisory board, Commerce, Family, Air force, United States Air Force, United Community Bank, Marketing, BCT, GOH, AOL, Civil and political rights, Friends, Bank, Community, Principal, Management, Orange S.A., Washingtonian (magazine)

CHARLES TOWN, W.Va., Feb. 10, 2023 /PRNewswire/ -- (OTC:PTBS) – BCT-Bank of Charles Town, also known as The Community's Bank, recently welcomed Raul "Danny" Vargas to their Loudoun County (Virginia) Advisory Board.

Key Points: 
  • CHARLES TOWN, W.Va., Feb. 10, 2023 /PRNewswire/ -- (OTC:PTBS) – BCT-Bank of Charles Town, also known as The Community's Bank, recently welcomed Raul "Danny" Vargas to their Loudoun County (Virginia) Advisory Board.
  • The Advisory Board consists of community leaders who work and live in the Loudoun County and Northern Virginia region.
  • Members provide strategic advice to BCT regarding local markets, with an emphasis on the Loudoun County and Northern Virginia region.
  • "We are pleased to have Danny join our Advisory Board in our fast-growing Loudoun and Northern Virginia market," stated Alice Frazier, BCT President and CEO.

United Community Banks, Inc. Announces Completion of Merger With Progress Financial Corporation

Retrieved on: 
Tuesday, January 3, 2023
Trust, Partnership, PC, Community, United Community Bank, Community Bank, Stephens Inc., Nelson Mullins Riley & Scarborough, Attention, Culture, Maynard, Cooper & Gale, Bank, United, Daphne

GREENVILLE, S.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) completed its merger with Progress Financial Corporation (Progress), effective January 3, 2023.

Key Points: 
  • GREENVILLE, S.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) completed its merger with Progress Financial Corporation (Progress), effective January 3, 2023.
  • In this transaction, Progress’s bank subsidiary, Progress Bank and Trust, was merged into United’s bank subsidiary, United Community Bank.
  • Progress has a culture much like ours with a commitment to community engagement, customer service, and the employee experience,” said Lynn Harton, Chairman and Chief Executive Officer of United.
  • Stephens Inc. served as financial advisor to Progress, and Maynard Cooper & Gale, PC served as Progress’ legal advisor.

United Community Banks, Inc. Announces Date for Fourth Quarter 2022 Earnings Release and Conference Call

Retrieved on: 
Tuesday, January 3, 2023
Internet, United Community Bank, Community, Online shopping, Security (finance)

GREENVILLE, S.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its fourth quarter 2022 financial results on Tuesday, January 17, 2023 after the stock market closes.

Key Points: 
  • GREENVILLE, S.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its fourth quarter 2022 financial results on Tuesday, January 17, 2023 after the stock market closes.
  • The company also will hold a conference call at 11:00 a.m.
  • ET on Wednesday, January 18, 2023 to discuss its financial results, business highlights and outlook.
  • Participants can pre-register for the conference call by navigating to https://dpregister.com/sreg/10174303/f57c53ab13 .

Akoya Appoints Paul LaRusso as CEO

Retrieved on: 
Friday, January 6, 2023
Banking, Professional Services, Finance, Business administration, Vserv Digital Services, Bucknell University, United Community Bank, Verizon Communications, Chase, Knowledge, API, Multimedia, MBA, Growth, JPMorgan Chase, FDX, Small business, Consumer, Larusso, Maintenance, Master of Business Administration, Georgetown University, Negotiation, Management, Cryptocurrency, Sprint, Akoya

View the full release here: https://www.businesswire.com/news/home/20230106005039/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230106005039/en/
    “On behalf of the board, I am thrilled to have Paul join as the CEO of Akoya,” said Dave Fortney, Chairman of the Board at Akoya.
  • “I’m honored and excited to lead Akoya, a company that is playing a critical role in the open finance industry,” said LaRusso.
  • LaRusso is also the Board Co-Chair of Financial Data Exchange (FDX) and has served on the board of directors of Akoya.
  • I feel confident that the business is in great hands with Paul LaRusso, and I look forward to following its success.”
    The Akoya Data Access Network is simplifying data access for open finance.

Lancaster County Banker Appointed to National Council for Community Bank Leaders

Retrieved on: 
Thursday, December 8, 2022
Banking, Professional Services, Finance, LLP, Heart, American Bankers Association, Data aggregation, Ernst, Certified Public Accountant, Bank, Conference, Corporation, Lehigh Coal and Navigation Company, School, CPA, Business administration, Saint Joseph University, Pennsylvania National Bank Building, Vice, Bloomsburg University of Pennsylvania, Ernst & Young, Employment, National bank, Federal Reserve Bank, Assistant, FDIC, NSF, Albright College, CSBS, ABA, Muhlenberg College, Pennsylvania State University, Equal housing lender, News, United Community Bank, Navigation, Bank of Bird-in-Hand, Congress, Berkshire Bank, Kutztown University of Pennsylvania, Risk, Management, Science

American Bankers Association has selected Lori A. Maley, CPA, President, CEO and Vice Chairman of Bank of Bird-in-Hand, to serve on ABAs Community Bankers Council.

Key Points: 
  • American Bankers Association has selected Lori A. Maley, CPA, President, CEO and Vice Chairman of Bank of Bird-in-Hand, to serve on ABAs Community Bankers Council.
  • Ms. Maley attended the ABA Community Bankers Council meeting in Washington, November 14-16.
  • ABAs Community Bankers Council, which meets twice a year, is made up of approximately 100 bankers from across the country from institutions with generally less than $5 billion in assets.
  • Lori A. Maley, CPA, has served as Vice Chairman, President and Chief Executive Officer of Bank of Bird-in-Hand since March 1, 2017.

BofA to Offer Free Financial Counseling in 17 U.S. Markets Through Operation HOPE, Helping Americans Improve Financial Health During a Challenging Time

Retrieved on: 
Tuesday, December 13, 2022
Small business, Capitalism, Bank, ATM, Survivor, Poverty, Bank of America, Silver, Community, FICO, BAC, Partnership, Operation, Operation HOPE, Inc., Atlanta Financial Center, Knowledge, NYSE, Risk management, HOPE, Digital, Multimedia, Education, Bank of America Corporate Center, American Banker, United Community Bank, Financial services, Insurance, Online shopping

CHARLOTTE, N.C., Dec. 13, 2022 /PRNewswire/ -- Bank of America and Operation HOPE announced today they will offer free financial counseling in 180 financial centers in 17 U.S. markets starting in 2023. The Operation HOPE program, known as HOPE Inside™, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt.

Key Points: 
  • The Operation HOPE program, known as HOPE Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt.
  • "We know that these are challenging times, as both communities and consumers are dealing with economic stress and potential financial instability," said Aron Levine , President of Preferred Banking at Bank of America.
  • Through the partnership, Bank of America financial center employees refer clients to a professional Operation HOPE financial well-being coach to provide comprehensive monthly credit and money management counseling at no cost.
  • As of the second quarter of 2022, HOPE Inside has provided more than 2,700 counselling services based on Bank of America referrals.