Community

Gotham FC Announces CarMax as Jersey-Front and Marquee Partner

Retrieved on: 
Tuesday, February 27, 2024

The new multi-year agreement cements an increased commitment to the club while also increasing brand visibility for CarMax through prominent logo placement on the front of Gotham FC jerseys.

Key Points: 
  • The new multi-year agreement cements an increased commitment to the club while also increasing brand visibility for CarMax through prominent logo placement on the front of Gotham FC jerseys.
  • Continuing elements of the long-standing relationship include CarMax as the presenting partner of the Gotham FC Regular Season, presenting partner of the Gotham FC Player of the Match, and a custom content series that takes fans behind-the-scenes.
  • Gotham FC, CarMax, and the New York Liberty also hosted a “Pass Her The Torch” basketball and soccer clinic for the local community this February.
  • “With CarMax, our Marquee Partner is already deeply invested in women's sports,” said Nan Vogel, Gotham FC Senior Vice President, Partnerships, In-Game Experience, and Community.

2023 in Review: Eclipse Software Defined Vehicle (SDV) Accelerates Automotive Tech Innovation through Open Source Collaboration

Retrieved on: 
Tuesday, February 27, 2024

The year marked several noteworthy highlights, showcasing our unwavering commitment to innovation in the automotive tech landscape:

Key Points: 
  • The year marked several noteworthy highlights, showcasing our unwavering commitment to innovation in the automotive tech landscape:
    Inaugural Automotive Open Source Summit Success:
    In early June, Eclipse SDV successfully launched its first-ever Automotive Open Source Summit .
  • Geared towards automotive tech executives, thought leaders and senior managers, the summit showcased speakers from Eclipse automotive initiatives and beyond.
  • Discover opportunities to actively contribute to the global centre of gravity for software defined vehicle innovation and collaboration.
  • Later this year, the Eclipse Foundation will be hosting its inaugural event focused on automotive open source at the Open Code for Automotive conference, co-located with its newest global event for open source software, the Open Code Experience (OCX) , taking place on 22-24, October 2024 in Mainz, Germany.

City National Bank Names Adey Tesfaye as Head of Community Reinvestment Act (CRA) Department

Retrieved on: 
Monday, February 26, 2024

LOS ANGELES, Feb. 26, 2024 (GLOBE NEWSWIRE) -- City National Bank has named Adey Tesfaye as the new head of its Community Reinvestment Act (CRA) department.

Key Points: 
  • LOS ANGELES, Feb. 26, 2024 (GLOBE NEWSWIRE) -- City National Bank has named Adey Tesfaye as the new head of its Community Reinvestment Act (CRA) department.
  • City National is committed to investing in its communities through its CRA initiatives that include providing loans and investments for affordable housing and economic development.
  • “Adey’s wealth of experience in community reinvestment will help City National make a significant impact through our community development initiatives in areas that need it most,” said David Cameron, executive vice president of Personal & Business Banking, City National Bank.
  • Prior to City National, she worked at Sterling Bank & Trust, where she served as senior vice president and CRA officer.

Community Savings Credit Union breaks new ground for cannabis industry banking with pre-approved credit cards

Retrieved on: 
Monday, February 26, 2024

This industry-first offer finally gives cannabis businesses in BC guaranteed access to credit cards, a long overdue change in the financial services available for the industry.

Key Points: 
  • This industry-first offer finally gives cannabis businesses in BC guaranteed access to credit cards, a long overdue change in the financial services available for the industry.
  • Many cannabis businesses are rejected by credit card providers solely because of their legal business in cannabis.
  • Community Savings has successfully campaigned for policy change to ensure cannabis businesses have credit card access.
  • Commenting on the launch, Mike Schilling, President and CEO of Community Savings Credit Union, said “Cannabis businesses have been forced to operate without a fully functioning banking system for too long.

United Community Banks, Inc. Announces Quarterly Cash Dividends on Common Stock

Retrieved on: 
Friday, February 23, 2024

GREENVILLE, S.C., Feb. 23, 2024 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved a quarterly cash dividend of $0.23 per share on the Company’s common stock.

Key Points: 
  • GREENVILLE, S.C., Feb. 23, 2024 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved a quarterly cash dividend of $0.23 per share on the Company’s common stock.
  • The dividend is payable April 5, 2024 to shareholders of record as of March 15, 2024.

One More Child Provides More Than 7,000 Meals to Texas School

Retrieved on: 
Friday, February 23, 2024

“We are overwhelmed by the generosity of One More Child,” said Lauren Cummings, sixth grade teacher at Cypress Grove.

Key Points: 
  • “We are overwhelmed by the generosity of One More Child,” said Lauren Cummings, sixth grade teacher at Cypress Grove.
  • “The donation will help in feeding our families in need for the remainder of the school year.
  • “Through this incredible partnership, we are ensuring that children have access to nutritious meals, both in school and at home."
  • In 2023, One More Child provided more than 19 million meals through its national and global feeding programs.

Susan M. Byrne to Become Director Emerita of the Westwood Holdings Group Board of Directors

Retrieved on: 
Thursday, February 22, 2024

DALLAS, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Westwood Holdings Group , an investment management boutique and wealth management firm, announced today that founder Susan M. Byrne will become a Director Emerita of the Company’s Board of Directors (the “Board”) on May 1, 2024.

Key Points: 
  • DALLAS, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Westwood Holdings Group , an investment management boutique and wealth management firm, announced today that founder Susan M. Byrne will become a Director Emerita of the Company’s Board of Directors (the “Board”) on May 1, 2024.
  • As Director Emerita, Ms. Byrne may participate in meetings but will not be a voting member of the Board.
  • “All those who know and have worked with Susan understand the deep impact her dedication, diligence and integrity has had.
  • I speak for all of Westwood when I offer my deep gratitude for her extended service to Westwood and its shareholders.

Hovnanian Enterprises Reports Fiscal 2024 First Quarter Results

Retrieved on: 
Thursday, February 22, 2024

MATAWAN, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2024.

Key Points: 
  • MATAWAN, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2024.
  • Total interest expense as a percent of total revenues was 5.1% for the first quarter of fiscal 2024 compared with 5.8% for the first quarter of fiscal 2023.
  • Income before income taxes for the first quarter of fiscal 2024 increased 80.4% to $32.6 million compared with $18.0 million in the first quarter of the prior fiscal year.
  • Consolidated contracts per community increased 47.7% year-over-year to 9.6 in the first quarter of fiscal 2024 compared with 6.5 contracts per community for the first quarter of fiscal 2023.

NRPA Launches New Initiative to Develop Year-Round Workforce Pathways for Youth in Parks and Recreation

Retrieved on: 
Wednesday, February 21, 2024

Funding for this three-year program (grant #23A60YP00002-01-00) is provided by the United States Department of Labor through the Workforce Pathways for Youth program.

Key Points: 
  • Funding for this three-year program (grant #23A60YP00002-01-00) is provided by the United States Department of Labor through the Workforce Pathways for Youth program.
  • Through this grant, NRPA will work with multiple partners to help 2,200 individuals engage in workforce development experiences.
  • Key partners include Mounty Airy (North Carolina) Parks and Recreation, Robeson County (North Carolina) Parks and Recreation and 20 additional agencies through two NRPA-facilitated Communities of Practice.
  • NRPA's Workforce Pathways for Youth initiative is funded by a $2,000,000 grant from the U.S. Department of Labor.

Governor Lee, Commissioner McWhorter Announce Shoals Technologies Group to Expand Manufacturing and Distribution Operations in Sumner County

Retrieved on: 
Wednesday, February 21, 2024

Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Shoals Technologies Group officials announced today the company will invest $80 million over the next five years to expand its existing manufacturing and distribution operations to a new, larger location in Portland, Tennessee.

Key Points: 
  • Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Shoals Technologies Group officials announced today the company will invest $80 million over the next five years to expand its existing manufacturing and distribution operations to a new, larger location in Portland, Tennessee.
  • Shoals will create approximately 550 new jobs over the next five years in Sumner County, bringing the company’s total headcount in the region to roughly 1,400.
  • As part of the expansion, Shoals will relocate its manufacturing operations to a 638,000-square-foot plant at 1500 Shoals Way.
  • Headquartered in Portland, Tennessee, Shoals Technologies Group is a leading electrical balance of systems (EBOS) provider for solar, energy storage and eMobility.