American Bankers Association

Peoples Ltd. Announces Third Quarter Results

Retrieved on: 
Thursday, October 26, 2023

Anthony J. Gabello, President and Chief Executive Officer of Peoples Ltd., holding company for PS Bank, has announced results for the third quarter 2023.

Key Points: 
  • Anthony J. Gabello, President and Chief Executive Officer of Peoples Ltd., holding company for PS Bank, has announced results for the third quarter 2023.
  • Net income for the third quarter of 2023 was $1,750,000 or $2.25 per share.
  • Net income for the third quarter of 2023 represents a decrease of 6.42% from the third quarter 2022 net income of $1,870,000.
  • Total assets increased from second quarter 2023 by $11,728,000, or 2.23% to $537,961,000.

Award-Winning Agricultural Finance Expert Joins Schrader as Agent

Retrieved on: 
Thursday, October 19, 2023

Now, Kessie has joined Schrader Real estate and Auction Company as an agent.

Key Points: 
  • Now, Kessie has joined Schrader Real estate and Auction Company as an agent.
  • Growing up on a farm, he gained a firm appreciation of the values he learned from his family.
  • In 2021, the American Bankers Association awarded Kessie the prestigious national Bruning Award in recognition of his significant contributions to agricultural banking.
  • “My goal is to earn the confidence of farmers and farmland owners as a Schrader agent.

Ascent Named A Best Places To Work By American Banker, San Diego Business Journal, and Best Companies Group

Retrieved on: 
Tuesday, October 17, 2023

SAN DIEGO, Oct. 17, 2023 /PRNewswire/ -- Ascent, a leader in outcomes-based lending and student success, announced today that it has received recognition as a Best Places to Work for in 2023 from American Banker, the San Diego Business Journal and Best Companies Group.

Key Points: 
  • "We are incredibly honored to receive three Best Places to Work awards this year," said Co-Founder and Chief Executive Officer of Ascent Ken Ruggiero.
  • American Banker ranked Ascent #2 out of 50 companies on its Best Places to Work in FinTech list for a second year in a row.
  • Moving up 11 spots from last year, Ascent received the #7 ranking out of 46 from the San Diego Business Journal for the 2023 Best Places to Work award.
  • In addition, Ascent has been named one of the Best Places to Work in SoCal by Best Companies Group.

CEO Coaching International Congratulates Client CBC Federal Credit Union for 'Best Credit Unions to Work For' and 'Central Coast Best Places to Work' Accolades

Retrieved on: 
Monday, October 16, 2023

American Banker ranked CBC 12th in the category of " Best Credit Unions to Work For with $500M to $1B of assets ."

Key Points: 
  • American Banker ranked CBC 12th in the category of " Best Credit Unions to Work For with $500M to $1B of assets ."
  • According to American Banker's website, "The 70 honorees for this year's Best Credit Unions to Work For demonstrated the importance of leadership, communication, and career development.
  • CBC was also featured in a recent Pacific Coast Business Times article about the "Central Coast Best Places to Work."
  • "Congratulations to Rick Weber and the team at CBC Federal Credit Union on this well-deserved recognition," said Sheldon Harris , Partner and Coach at CEO Coaching International.

Wolters Kluwer announces keynote speakers for the 27th CRA & Fair Lending Colloquium

Retrieved on: 
Friday, October 6, 2023

Wolters Kluwer Compliance Solutions will host its 27th annual CRA & Fair Lending Colloquium November 13-16 in Austin, Texas.

Key Points: 
  • Wolters Kluwer Compliance Solutions will host its 27th annual CRA & Fair Lending Colloquium November 13-16 in Austin, Texas.
  • Jesse Van Tol , President and Chief Executive Officer of the National Community Reinvestment Coalition, will be the honorary keynote speaker on Tuesday, November 14.
  • This year’s Colloquium deep dives on those topics will provide a tremendous forum for discussion and debate among lenders, regulators and other industry leaders about the implications for CRA and fair lending compliance.
  • For more information, please visit Wolters Kluwer’s CRA & Fair Lending Colloquium website .

Lenders Cooperative Revolutionizes Small Business Lending for ABA Members with Exclusive Member Benefit

Retrieved on: 
Thursday, October 5, 2023

ABA members are eligible for significant savings on our Small Business Loan Origination System (LOS) with Turnkey Back Office Labor Solution (LSP).

Key Points: 
  • ABA members are eligible for significant savings on our Small Business Loan Origination System (LOS) with Turnkey Back Office Labor Solution (LSP).
  • Lenders Cooperative is excited to announce a unique American Bankers Association member benefit for the Small Business lending landscape.
  • In response to the evolving needs of financial institutions across the United States, Lenders Cooperative is unveiling a state-of-the-art Loan Origination System (LOS) explicitly designed for small business lending, encompassing both Conventional and SBA Lending.
  • This exclusive offer underscores the commitment of both ABA and Lenders Cooperative to support and empower ABA members as they navigate the evolving landscape of small business lending.

Nasdaq's Adena Friedman to Keynote CES 2024

Retrieved on: 
Friday, October 13, 2023

ARLINGTON, Va., Oct. 13, 2023 /PRNewswire/ -- Nearly 70 startups, plus hundreds of attendees and media from around the globe convened yesterday for CES® Unveiled Amsterdam. The event highlighted tech innovation from European startups that will solve global challenges and conference programming addressing sustainability, healthcare, climate change and tech trends—including digital health, enterprise, AI, and a look toward using tech for good.

Key Points: 
  • Nasdaq Chair & CEO Adena Friedman will deliver a keynote address at the world's most powerful technology event-CES 2024.
  • During the event, Consumer Technology Association (CTA)® executives announced the latest lineup for the CES 2024 keynote stage.
  • Nasdaq Chair and CEO Adena Friedman will deliver a keynote address at the world's most powerful technology event, CES 2024.
  • "Excitement continues to build for CES 2024 with our incredible keynote lineup, including Nasdaq Chair and CEO Adena Friedman, whose leadership is implementing tech solutions that will solve some of the world's most pressing challenges."

Carefull Raises $16.5 Million to Scale Financial Safety Platform for Older Adults and Their Families, Helping More Banks and Financial Advisors Protect Aging Customers From Fraud and Money Mistakes

Retrieved on: 
Wednesday, October 11, 2023

NEW YORK, Oct. 11, 2023 /PRNewswire/ -- Carefull, an AI-powered financial safety platform that helps banks and wealth advisors protect aging customers from scams and money mistakes, today announced that it has closed its Series A round with $16.5 million in funding. The round was led by Fin Capital and joined by Bessemer Venture Partners, TTV Capital, Commerce Ventures, Montage Ventures, and Alloy Labs, bringing the company's total funding to $19.7 million.

Key Points: 
  • "There are now 45 million people across the country who are tasked with managing an aging loved one's money, and older Americans lose $37 billion annually to fraud and money mistakes.
  • The growing role of the financial institution to help families here cannot be understated," said Todd Rovak, Co-founder and Co-CEO of Carefull.
  • "Banks, wealth advisors, and financial caregivers need a solution that customers actually want to use," added Carefull Co-founder and Co-CEO Max Goldman.
  • Over the past year, Carefull has rapidly expanded its footprint to include more than 35 financial institutions and advisor groups.

Comerica's 'Opportunity for All' Campaign Earns American Bankers Association's Brand Slam Award

Retrieved on: 
Wednesday, October 4, 2023

DALLAS, Oct. 4, 2023 /PRNewswire/ -- Comerica Bank earned top honors for its small business "Opportunity for All" marketing campaign as part of the American Bankers Association's (ABA) Brand Slam awards, winning first place in the prestigious integrated marketing campaign category.

Key Points: 
  • DALLAS, Oct. 4, 2023 /PRNewswire/ -- Comerica Bank earned top honors for its small business "Opportunity for All" marketing campaign as part of the American Bankers Association's (ABA) Brand Slam awards, winning first place in the prestigious integrated marketing campaign category.
  • Comerica's "Opportunity for All" campaign, targeting the Dallas-Fort Worth metroplex, highlights the bank's resources and programs designed to bring value to its small business customers.
  • "Small businesses are the backbone of our local communities, and we recognize they may not have access to all the necessary resources.
  • Comerica has seen a return on the campaign with a 24% increase in new customer acquisition over its baseline acquisition from the prior year.

Canadian Bankers Association Marks Cyber Security Awareness Month with New Resources to help Canadians

Retrieved on: 
Wednesday, October 4, 2023

TORONTO, Oct. 4, 2023 /CNW/ - The Canadian Bankers Association (CBA) and its member banks encourage Canadians to stay vigilant and learn about cyber safety best practices.

Key Points: 
  • TORONTO, Oct. 4, 2023 /CNW/ - The Canadian Bankers Association (CBA) and its member banks encourage Canadians to stay vigilant and learn about cyber safety best practices.
  • In recognition of Cyber Security Awareness Month this October, the CBA is sharing cyber security tips and information aimed at helping Canadians avoid digital scams.
  • "While cyber security is a year-round focus for the banking industry, Cyber Security Awareness Month serves as an important reminder of our shared responsibility in protecting Canadians' personal and financial data," says Anthony G. Ostler, President & CEO, CBA.
  • "We've been participating in Cyber Month since 2006, amplifying our sector's commitment to data and privacy protection, and we're proud to offer new and relevant tools to serve all Canadians."