Mackinac

At the Monaco Classic Week JFK’s ‘Floating White House’ goes on display

Retrieved on: 
Monday, September 18, 2023
Marella Agnelli, White House, Communication, United States Navy, Sparkman & Stephens, Friends, Rolls-Royce, Lady Anne, Eye, Kremlin, Gasoline, Yacht Club de Monaco, History, YCM, US Navy Small Craft Training Center, Manitou, JFK, Steam, Walking, Bath, Yacht club, Berlin, Family, Shipbuilding, Mackinac

MONACO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- It's time for Classic Week at the Yacht Club de Monaco.

Key Points: 
  • MONACO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- It's time for Classic Week at the Yacht Club de Monaco.
  • The fascinating sailboat, approximately 18 meters long, hosted John Fitzgerald Kennedy, its most famous owner, at the helm.
  • Nicknamed 'The Floating White House', it was equipped with the latest technology to keep the communication going with the presidential office but also, allegedly, with the Kremlin.
  • We’ve raced at the Monaco Classic Week many times but this is the first time racing on a 15 meter.

NCLA and Mackinac Center Challenge Unlawful Extensions of Federal Student Loan Deferments

Retrieved on: 
Thursday, April 6, 2023
Supreme, Mackinac Center for Public Policy, Office of Inspector General, U.S. Department of Health and Human Services, The Administrative State, Register, Public policy, United States Department of Education, Mackinac, Policy, HEROES Act, HEROES, Education Act, Higher, Congress, District court, Federal Register, COVID-19, Education Act 1944, Water, Supreme court, NCLA, Forgiveness, PSLF, Legal Affairs, Insurance, Bank, Management, Education

The lawsuit, Mackinac Center for Public Policy v. U.S. Department of Education, Miguel Cardona, and Richard Cordray, was filed on behalf of the Center in the U.S. District Court for the Eastern District of Michigan.

Key Points: 
  • The lawsuit, Mackinac Center for Public Policy v. U.S. Department of Education, Miguel Cardona, and Richard Cordray, was filed on behalf of the Center in the U.S. District Court for the Eastern District of Michigan.
  • When that statutory deferment period expired in September 2020, however, the department unilaterally extended it without congressional appropriation.
  • Congress enacted the Public Service Loan Forgiveness Program (PSLF) in 2007 to help 501(c)(3) nonprofit organizations like the Mackinac Center attract employees with a debt-relief incentive keyed to working ten years for nonprofits.
  • Just as the PSLF program benefits the states suing over the unlawful half-trillion in student loan debt cancellation, so too the Mackinac Center benefits as an employer from PSLF.

Magellan Assists in Securing $25M in ReConnect Funding for Sault Tribe Broadband Project

Retrieved on: 
Wednesday, October 12, 2022
U.S. Department of Commerce Office of Security, Time, Government, U.S. Department of Agriculture Cotton Annex, Ferdinand Magellan, Rural Utilities Service, Multimedia, Anishinaabe, Acquisition, RUS, Reconnect, CEO, FTTP, Data-rate units, Sault Tribe of Chippewa Indians, Internet, Engineering, Compliance, Internet service provider, Renewable energy, Mobile phone, Mackinac, Elmwood (Sault Ste. Marie, Michigan), Elmwood (Sault Ste. Marie, Michigan)

Marie Tribe of Chippewa Indians for its fiber-to-the-premise (FTTP) broadband internet project.

Key Points: 
  • Marie Tribe of Chippewa Indians for its fiber-to-the-premise (FTTP) broadband internet project.
  • The tribe plans to use the funding to expand high-speed internet access to Chippewa and Mackinac counties reservations.
  • The project funding comes from the U.S. Department of Agriculture's Rural Utility Service (RUS) ReConnect grant program.
  • "Magellan's experience in navigating the grant application process was a key part of our success in securing this funding," says Sault Tribe Vice Chairman Austin Lowes.

OXFORD BANK CORPORATION ANNOUNCES RETIREMENT OF RICHARD MILLER AND APPOINTMENT OF JESSE DEERING AS CHIEF FINANCIAL OFFICER AND TREASURER

Retrieved on: 
Monday, June 20, 2022
Credit, Notre Dame, Senior, Notre, MBA, Release, Federal Reserve Bank of St. Louis, Bank, Phrase, Mackinac Financial Corporation, Renaissance Capital (Russian company), Director, CEO, Bank Holding Company Act, Company, Private Securities Litigation Reform Act, Albion College, Growth, Accounting, Strategic planning, Marketing, University, OTC Bulletin Board, CFO, Corporation, Acquisition, Richard Miller, SVP, Assistant, Board of directors, Board, MBank, Risk, Management, Mackinac

OXFORD, Mich., June 20, 2022 /PRNewswire/ -- Oxford Bank Corporation ("Oxford" or "the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), announced today that Senior Vice President & Chief Financial Officer, Richard K. Miller, will be retiring in 2023.

Key Points: 
  • OXFORD, Mich., June 20, 2022 /PRNewswire/ -- Oxford Bank Corporation ("Oxford" or "the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), announced today that Senior Vice President & Chief Financial Officer, Richard K. Miller, will be retiring in 2023.
  • The Company's Board of Directors have appointed, Jesse A. Deering, age 42, as Executive Vice President and Chief Financial Officer of both the Bank and Company, effective June 20, 2022.
  • Mr. Miller has served as SVP & CFO of Oxford and the Bank since September 18, 2017.
  • Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company.

Eastern Upper Peninsula Rural Communities To Receive High Speed Broadband Internet

Retrieved on: 
Thursday, May 5, 2022
Library, Policy, Neil Patel (political advisor), University, Digital divide, Information policy, Telehealth, Regional Development Commissions, Map, Health, Economic development, Prevalence, Economic Development Administration, Economic security, EDA, Organization, Internet, ANN, Merit Network, Media, Michigan State University, Adoption, Highline, Intention, Education, Economy, Solution, CEO, Research, India–Singapore Comprehensive Economic Cooperation Agreement, Coronavirus, State government, Mackinac, Merit

ANN ARBOR, Mich., May 5, 2022 /PRNewswire/ -- Merit Network was awarded a $2.99 million Economic Development Administration (EDA) grant under the Coronavirus Aid, Relief, and Economic Security (CARES) Act Recovery Assistance Grant to support construction of 70 miles of middle-mile fiber optic infrastructure in the Upper Peninsula.

Key Points: 
  • The infrastructure corridor project, named Leveraging Infrastructure for Transforming the Upper Peninsula (LIFT-UP) will pass through Chippewa, Luce and Mackinac counties.
  • This fiber will enable local internet service providers to interconnect with Merit's middle-mile backhaul to bring reliable, high-speed broadband internet to rural and remote communities in Michigan's Eastern Upper Peninsula.
  • The EUPConnect Collaborative, led by the Easter Upper Peninsula Intermediate School District (EUPISD) and the Eastern Upper Peninsula Regional Planning and Development Commission (EUPRPDC) will collaborate with Merit on the project.
  • This network now delivers a real high speed internet connection to the doorsteps of households long suffering with inadequate service.

As 2022 Ferry Season to Mackinac Island Opens, Star Line Mackinac Island Hydro-Jet® Ferry Announces New Name: Mackinac Island Ferry Company

Retrieved on: 
Wednesday, April 20, 2022
Water, CEO, Welding, Mackinac Bridge, Mackinac, MMS, Bridge, Pump-jet, Collection, Good Fortune, Maintenance, Suburban Transit Access Route, Amusement park, Cadillac

During this transition, the company will be referred to as Star Line Mackinac Island Ferry Company.

Key Points: 
  • During this transition, the company will be referred to as Star Line Mackinac Island Ferry Company.
  • The new name is designed to place all brand assets currently owned under the Mackinac Island Ferry Company umbrella of brands.
  • Mackinac Island Ferry Company owns the Star Line Mackinac Island Hydro-Jet Ferry branded fleet of ferries, the former Arnold Line Ferry fleet, and Mackinac Marine Services (MMS) shipyard.
  • For more information on Star Line Mackinac Island Ferry Company, visit www.mackinacferry.com
    St. Ignace, Mich. based Mackinac Island Ferry Company and its acquired lines of ferries began serving Mackinac Island in 1878 and has since been ferrying families and islanders from Mackinaw City and St. Ignace to Mackinac Island.

Nicolet Bankshares, Inc. Announces Increase to Share Repurchase Program

Retrieved on: 
Wednesday, December 22, 2021
GREEN, Nicolet Bankshares, Communication, Annual report, Risk, Time, Terminology, CEO, Mackinac Financial Corporation, NASDAQ, Acquisition, Board of directors, SEC, Forward-looking statement, Board, Phrase, COVID, Company, Multimedia, Nature, Hand, Security (finance), Bank, Risk management, Central Wisconsin Airport, Mackinac

GREEN BAY, Wis., Dec. 22, 2021 /PRNewswire/ --Nicolet Bankshares, Inc.(NASDAQ: NCBS) ("Nicolet" or the "Company"), the holding company ofNicolet National Bank, aWisconsin-based community bank, announced that its Board of Directors authorized an increase to the Company's common stock repurchase program onDecember 21, 2021.

Key Points: 
  • GREEN BAY, Wis., Dec. 22, 2021 /PRNewswire/ --Nicolet Bankshares, Inc.(NASDAQ: NCBS) ("Nicolet" or the "Company"), the holding company ofNicolet National Bank, aWisconsin-based community bank, announced that its Board of Directors authorized an increase to the Company's common stock repurchase program onDecember 21, 2021.
  • This amendment, coupled with previous remaining repurchase authorizations of $31 million, provides the Company with the ability to repurchase up to $81 million of its common stock.
  • Mike Daniels, President and CEO of Nicolet, said, "This action by the Board is consistent with Nicolet's long-term view of our stock and the company in general.
  • The common stock repurchase plan does not obligate the Company to acquire any particular amount of common stock.

Mackinac Financial Corporation Declares Cash Dividend On Common Stock

Retrieved on: 
Friday, June 18, 2021
Financial markets, Finance, Corporate finance, Mackinac Financial Corporation, Equity securities, Stock market, Mackinac, Dividends, Stock, NASDAQ, Holding company, mBank

MANISTIQUE, Mich., June 18, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the Bank), announced the approval of a cash dividend by its Board of Directors on June 18, 2021.

Key Points: 
  • MANISTIQUE, Mich., June 18, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the Bank), announced the approval of a cash dividend by its Board of Directors on June 18, 2021.
  • The Board of Directors declared a cash dividend of $.14 per common share for the second quarter of 2021, payable July 16, 2021 to shareholders of record at July 2, 2021.
  • Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $1.5 billion and whose common stock is traded on the NASDAQ stock market as MFNC.
  • Mackinac Financial Corporation undertakes no obligation to revise, update, or clarify forward-looking statements to reflect events or conditions after the date of this release.

Aunalytics to Participate as a Silver Sponsor at the Michigan Bankers Association Annual Convention

Retrieved on: 
Wednesday, June 9, 2021
Mackinac, Daybreak

SOUTH BEND, Ind., June 09, 2021 (GLOBE NEWSWIRE) -- Aunalytics , a leading data platform company delivering Insights-as-a-Service for enterprise businesses, will participate as a Silver Sponsor at the upcoming Michigan Bankers Association Annual Convention , June 16-18 on Mackinac Island, MI.

Key Points: 
  • SOUTH BEND, Ind., June 09, 2021 (GLOBE NEWSWIRE) -- Aunalytics , a leading data platform company delivering Insights-as-a-Service for enterprise businesses, will participate as a Silver Sponsor at the upcoming Michigan Bankers Association Annual Convention , June 16-18 on Mackinac Island, MI.
  • The company will showcase its Daybreak for Financial Services solution that enables bankers to better target and deliver new services and solutions for their customers to remain competitive.
  • On the last day of the convention Aunalytics Client Relationship Director, Taylor Oake, will have the honor of introducing the final keynote speaker, Kyle Carpenter, the youngest living recipient of the Medal of Honor.
  • Were pleased to be a silver sponsor at the upcoming Michigan Bankers Association convention and show how our Daybreak for Financial Services solution can help bankers intelligently anticipate customer needs and deliver the right products and services at the right time.

Accordion Announces Strategic Acquisition of Turnaround and Restructuring Firm, Mackinac Partners

Retrieved on: 
Tuesday, May 11, 2021
Professional services, Other Professional Services, Technology, Other Technology, Finance, Consulting, Accounting, Finance, Money, Corporate finance, Economy, Bankruptcy, Human resource management, Restructuring, Mackinac, Private equity, BlackBerry Limited

b'Accordion, a private equity-focused financial consulting and technology firm, today announced that it has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm.

Key Points: 
  • b'Accordion, a private equity-focused financial consulting and technology firm, today announced that it has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm.
  • Our acquisition of Mackinac not only fortifies our business through volatile economic cycles, but it\xe2\x80\x99s also inherently customer-centric at its core.
  • The firm\xe2\x80\x99s core services include: operational and technical accounting, strategic financial planning and analysis, transaction execution, public company readiness, performance improvement, and, following its 2021 acquisition of Mackinac Partners, now also include CRO and restructuring advisory, and turnaround and interim management.
  • www.accordion.com\nFounded in 1999, Mackinac Partners is a nationally recognized turnaround and restructuring firm.