RBC Bank

PNC Appoints Michael P. Lyons President

Retrieved on: 
Tuesday, February 20, 2024

PITTSBURGH, Feb. 20, 2024 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) today announced that its Board of Directors has unanimously appointed Michael P. Lyons president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately.

Key Points: 
  • PITTSBURGH, Feb. 20, 2024 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) today announced that its Board of Directors has unanimously appointed Michael P. Lyons president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately.
  • PNC's primary operating lines of business and the Regional Presidents Office will report to Lyons.
  • Lyons, 53, has been an Executive Vice President and Head of Corporate & Institutional Banking (C&IB) since he joined PNC in October 2011.
  • Prior to PNC, Lyons served as global head of corporate development and strategic planning for Bank of America.

Three North Carolina 'heavy hitters' to join State Board of Community Colleges

Retrieved on: 
Tuesday, November 28, 2023

RALEIGH, N.C., Nov. 28, 2023 /PRNewswire/ -- Three distinguished North Carolina business leaders have officially joined the State Board of Community Colleges following a swearing-in ceremony last week.

Key Points: 
  • RALEIGH, N.C., Nov. 28, 2023 /PRNewswire/ -- Three distinguished North Carolina business leaders have officially joined the State Board of Community Colleges following a swearing-in ceremony last week.
  • "The North Carolina Community College System plays a critical role in the economic development of North Carolina by providing customized workforce development training to more than 22,000 employees at over 700 existing and new companies in the state," says Christopher Chung, CEO of the Economic Development Partnership of North Carolina.
  • The State Board, which serves as the policy-making body for the North Carolina Community College System, has the responsibility of overseeing various aspects such as budgets, capital projects, and curriculum.
  • This Board is composed of 22 members, with their appointments coming from the North Carolina General Assembly and the Governor's Office.

RecNation Announces the Largest Dedicated Debt Facility for RV & Boat Storage in the Country

Retrieved on: 
Tuesday, May 23, 2023

RecNation Storage ("RecNation" or the "Company"), the leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, today announced it has amended and upsized its revolving credit facility to borrow up to $500 million assuming certain conditions are met.

Key Points: 
  • RecNation Storage ("RecNation" or the "Company"), the leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, today announced it has amended and upsized its revolving credit facility to borrow up to $500 million assuming certain conditions are met.
  • “Closing this deal was especially rewarding given how difficult the current lending market has become.
  • In a relatively short time, we have created a dominate position in the Boat and Recreational Vehicle market that is growing very quickly.”
    RecNation is the first institutional grade specialized storage company created to serve the growing need for RV & Boat storage.
  • Haynes Boone acted as legal counsel to RecNation and Holland & Knight LLP acted as legal counsel for the banking group.

First Financial Bancorp Nominates Dawn Morris and Andre Porter to Board of Directors, as Corinne Finnerty to Retire

Retrieved on: 
Monday, March 27, 2023

"Dawn and Andre are both excellent nominees to join the First Financial Board of Directors," said Claude Davis, chairman.

Key Points: 
  • "Dawn and Andre are both excellent nominees to join the First Financial Board of Directors," said Claude Davis, chairman.
  • First Financial also announces that Corinne Finnerty will retire from the board when her current term expires, at the end of the board meeting on May 23.
  • "The board expresses our sincere gratitude to Corinne for more than two decades of service," Davis said.
  • "Corinne has provided trusted and valued guidance through numerous economic cycles as First Financial has grown to help more clients and communities thrive."

RBC announces $150,000 donation to support Hurricane Ian relief efforts

Retrieved on: 
Wednesday, October 5, 2022

This donation comes from across RBC's U.S. businesses: RBC Capital Markets, RBC Wealth Management, City National Bank, and RBC Bank.

Key Points: 
  • This donation comes from across RBC's U.S. businesses: RBC Capital Markets, RBC Wealth Management, City National Bank, and RBC Bank.
  • RBC has also initiated an internal donation campaign enabling our employees' ability to support the relief efforts.
  • In addition, RBC Bank has launched a financial relief program that will provide advice and assistance for impacted RBC Bank clients in the region.
  • Those wanting to help support relief efforts are encouraged to donate to the American Red Cross byvisiting redcross.org/donate , calling 1-800-RED CROSS, or texting the word IAN to 90999 to make a $10 donation.

ServisFirst Bank Announces Expansion to Western North Carolina

Retrieved on: 
Friday, July 15, 2022

ServisFirst Bank , a subsidiary of ServisFirst Bancshares (NYSE:SFBS), announces the expansion into Western North Carolina with the opening of ServisFirst Bank Western North Carolina, headquartered in Asheville.

Key Points: 
  • ServisFirst Bank , a subsidiary of ServisFirst Bancshares (NYSE:SFBS), announces the expansion into Western North Carolina with the opening of ServisFirst Bank Western North Carolina, headquartered in Asheville.
  • We are proud to continue expanding the ServisFirst Bank footprint across the state of North Carolina, states Rick Manley, ServisFirst Bank Piedmont Regional President and CEO.
  • Bryan Boone joins ServisFirst Bank as ServisFirst Bank Western North Carolina Regional President.
  • For more information regarding ServisFirst Banks expansion into Asheville and the Western North Carolina market, please contact Krista Conlin, [email protected] .

CapStar Announces Expansion to Asheville

Retrieved on: 
Friday, July 8, 2022

NASHVILLE, Tenn., July 08, 2022 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), today announced its entry into Asheville.

Key Points: 
  • NASHVILLE, Tenn., July 08, 2022 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), today announced its entry into Asheville.
  • Martin Nesbitt has joined CapStar as Asheville Market President and will begin building a team of experienced financial professionals to serve small to medium-sized businesses and their owners, professionals, real estate investors, and relationship retail customers.
  • CapStar is excited to continue its momentum by expanding into the dynamic Western North Carolina market, said Timothy K. Schools, President and Chief Executive Officer of CapStar.
  • With over 30 years of Asheville banking experience, Martin joins CapStar having most recently served as Senior Commercial Relationship Manager at First Horizon Bank for 15 years.

Excellence in Affordable Rental Housing Honored by Novogradac

Retrieved on: 
Friday, July 1, 2022

SAN FRANCISCO, July 1, 2022 /PRNewswire-PRWeb/ -- Affordable housing properties in New York, Massachusetts, Maryland and Colorado have been named winners of the Novogradac Journal of Tax Credits Developments of Distinction.

Key Points: 
  • The awards go to participants who strive for excellence in affordable housing.
  • Lyman Terrace Phase 2 in Holyoke, Massachusetts, for Preservation of Affordable Rental Housing.
  • The winners will be honored at the Novogradac 2022 Affordable Housing Tax Credits and Bonds Conference, Sept. 29-30 in Nashville.
  • Tax, audit and consulting specialty practice areas for Novogradac include affordable housing, community development, historic rehabilitation and renewable energy.

RBC announces changes to Group Executive Committee

Retrieved on: 
Friday, September 17, 2021

Ms. Ahn will report to Mr. McKay and will join the Group Executive Committee.

Key Points: 
  • Ms. Ahn will report to Mr. McKay and will join the Group Executive Committee.
  • Ms. Ahn joined RBC in 1999 and has held progressively senior Finance roles, including in Corporate Treasury and in RBC Capital Markets Finance.
  • Maria will report to Mr. McKay and will join the Group Executive Committee.
  • Mike Dobbins, Group Head, RBC Ventures and Corporate Development, has decided to leave the Bank on November 1, 2021 after more than a decade at RBC.

IL Group Announces Promotions

Retrieved on: 
Wednesday, August 18, 2021

GULF SHORES, Ala., Aug. 18, 2021 /PRNewswire/ -- IL Group, a leader in the insurance, mortgage, real estate, and cyber security industries, announces two promotions from within the company.

Key Points: 
  • GULF SHORES, Ala., Aug. 18, 2021 /PRNewswire/ -- IL Group, a leader in the insurance, mortgage, real estate, and cyber security industries, announces two promotions from within the company.
  • The company is pleased to report the promotions of Kevrin Blessing to Senior Vice President, Service, and Angelo Adams to Senior Vice President, Sales.
  • Formerly IL Group's national client relations manager, Kevrin is responsible for enhancing client relationships and identifying innovative ways to serve clients.
  • Both individuals are proven success stories within IL Group and the promotions are well-deserved.