Peachtree Financial Solutions

JG Wentworth Names Kim Banks as Chief Accounting Officer

Retrieved on:

Friday, June 9, 2023

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CHESTERBROOK, Pa., June 9, 2023 /PRNewswire/ -- Industry leading consumer financial services company JG Wentworth announces it has appointed Kim Banks as Chief Accounting Officer effective March 2023. Banks will report directly to Chief Financial Officer Dwight Perry. In her new role, Banks will manage the company's accounting and finance functions.

Key Points:

CHESTERBROOK, Pa., June 9, 2023 /PRNewswire/ -- Industry leading consumer financial services company JG Wentworth announces it has appointed Kim Banks as Chief Accounting Officer effective March 2023.
Banks will report directly to Chief Financial Officer Dwight Perry.
Prior to joining JG Wentworth, she was Head of Finance Systems and Process Transformation at AssuredPartners, an insurance brokerage company.
With the increasing complexity of our business model, her leadership and direction will prove invaluable as we continue to evolve how we serve our customers and manage our business," said Dwight Perry, Chief Financial Officer at JG Wentworth.

The Police Credit Union Marks 70 Years of Providing Customized Financial Solutions for Law Enforcement

Retrieved on:

Wednesday, January 4, 2023

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SAN BRUNO, Calif., Jan. 04, 2023 (GLOBE NEWSWIRE) -- The Police Credit Union of California celebrates a milestone anniversary in 2023, marking 70 years dedicated to supporting the financial success of law enforcement professionals and their families.

Key Points:

SAN BRUNO, Calif., Jan. 04, 2023 (GLOBE NEWSWIRE) -- The Police Credit Union of California celebrates a milestone anniversary in 2023, marking 70 years dedicated to supporting the financial success of law enforcement professionals and their families.
Established in 1953 by officers in the San Francisco Police Department, the financial institution began serving eligible members throughout the state of California in 2019.
Since its inception, the credit union has focused on providing solutions that address the financial challenges and concerns of those employed in law enforcement and public safety.
While The Police Credit Union provides an array of highly competitive financial solutions for its members, its offerings notably include signature products and services customized exclusively to the needs of active-duty law enforcement.

The Effects of Inflation, Rising Costs and Increasing Interest Rates Driving Regional Consumers to Re-Think Their Future Finances, WSFS Bank’s Annual Money Trends Study Finds

Retrieved on:

Thursday, October 13, 2022

The study, which surveyed 1,500 Greater Philadelphia and Delaware region consumers and 1,500 consumers nationally, measured current spending and saving trends and economic sentiment among adults ages 18-55.

Key Points:

The study, which surveyed 1,500 Greater Philadelphia and Delaware region consumers and 1,500 consumers nationally, measured current spending and saving trends and economic sentiment among adults ages 18-55.
Saving more now to better position their future finances is a smart move.
Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company headquartered in Delaware and the Greater Philadelphia region.
Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.

WSFS Bank Commits $3 Million for Down Payment Grant Program to Assist Eligible Homebuyers with Financial Support They Need

Retrieved on:

Monday, April 18, 2022

The grants are designed to provide additional access to down payment and closing cost funds for primary residence purchases for eligible borrowers in eligible census tracts.

Key Points:

The grants are designed to provide additional access to down payment and closing cost funds for primary residence purchases for eligible borrowers in eligible census tracts.
To speak with a WSFS representative about the Down Payment Grant Program, call 855.901.9737 or call 888.456.0146 to discuss the Neighborhood Opportunity Program.
Its primary subsidiary, WSFS Bank, is the oldest and largest locally managed bank and trust company headquartered in Delaware and the Greater Philadelphia region.
As of December31, 2021, WSFS Financial Corporation had $15.8 billion in assets on its balance sheet and $34.6 billion in assets under management and administration.

Photo Release -- Inflation, Rising Costs for Home Purchases and Rentals Making It Harder for People to Afford Where They Want to Live, WSFS Mortgage Survey Finds

Retrieved on:

Monday, March 7, 2022

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Two in five (42%) of both national and regional respondents say higher home prices are preventing them from buying altogether.

Key Points:

Two in five (42%) of both national and regional respondents say higher home prices are preventing them from buying altogether.
Transparency is a key factor for homebuyers, as 60% in the region want to know about all their upfront costs, including down payments and closing costs, from their lender.
Renters (52%) also desire access to financial help, while older residents are less inclined to want or need assistance programs.
This makes having a firm grip on all costs crucial to successfully buying a new home.

WSFS Reaches Litigation Settlement and Recovery of $15 Million, or $0.23 EPS

Retrieved on:

Thursday, January 6, 2022

WSFS will receive $15 million under the settlement and anticipates a positive earnings per diluted common shares (EPS) impact of approximately $0.23 per share (after-tax) during the fourth quarter of 2021.

Key Points:

WSFS will receive $15 million under the settlement and anticipates a positive earnings per diluted common shares (EPS) impact of approximately $0.23 per share (after-tax) during the fourth quarter of 2021.
In the litigation, WSFS sought to enforce an indemnity arising from the stock purchase agreement and recover all remaining amounts owed to WSFS relating to the previously disclosed Universitas Education, LLC (Universitas) arbitration proceeding.
Thereafter, WSFS sued the insurance carriers that provided coverage relating to the Universitas matter and reached a settlement to recover approximately $8 million during the third quarter of 2018.
As used in this press release, the term "WSFS" mean WSFS Financial Corporation and its subsidiaries, on a consolidated basis, unless the context indicates otherwise.

ECHO Realty Streamlines Its Fixed Asset Processes with MRI Fixed Assets

Retrieved on:

Tuesday, November 9, 2021

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Prior to the implementation of MRI Fixed Assets , the finance team at ECHO Realty were managing its 6,000+ assets across more than 150 different databases, a process which proved hugely resource-intensive and time consuming.

Key Points:

Prior to the implementation of MRI Fixed Assets , the finance team at ECHO Realty were managing its 6,000+ assets across more than 150 different databases, a process which proved hugely resource-intensive and time consuming.
With MRI's suite of Financial Solutions already proven and successfully in use across the business, it was a simple and obvious choice for ECHO Realty to select the MRI fixed asset software solution.
"MRI Fixed Assets has completely transformed our fixed asset accounting function, freeing up valuable resource to work on other business critical projects."
With MRI Fixed Assets, ECHO Realty is able to achieve accurate, detailed, and automated financial control and reporting which is resulting in an increase in overall efficiencies and time savings.

ECHO Realty Streamlines Its Fixed Asset Processes with MRI Fixed Assets

Retrieved on:

Tuesday, November 9, 2021

Prior to the implementation of MRI Fixed Assets , the finance team at ECHO Realty were managing its 6,000+ assets across more than 150 different databases, a process which proved hugely resource-intensive and time consuming.

Key Points:

Prior to the implementation of MRI Fixed Assets , the finance team at ECHO Realty were managing its 6,000+ assets across more than 150 different databases, a process which proved hugely resource-intensive and time consuming.
With MRI's suite of Financial Solutions already proven and successfully in use across the business, it was a simple and obvious choice for ECHO Realty to select the MRI fixed asset software solution.
"MRI Fixed Assets has completely transformed our fixed asset accounting function, freeing up valuable resource to work on other business critical projects."
With MRI Fixed Assets, ECHO Realty is able to achieve accurate, detailed, and automated financial control and reporting which is resulting in an increase in overall efficiencies and time savings.

Regional Consumers Are Weary of Rising Prices and Economic Stability, Spurring Delays in Large Purchases and Expected Decreased Holiday Spending, WSFS Bank’s Money Trends Survey Finds

Retrieved on:

Monday, November 8, 2021

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The study, which surveyed 1,250 Greater Philadelphia and Delaware region consumers and 2,000 consumers nationally, measured current spending and saving trends and economic sentiment among adults ages 18-55.

Key Points:

The study, which surveyed 1,250 Greater Philadelphia and Delaware region consumers and 2,000 consumers nationally, measured current spending and saving trends and economic sentiment among adults ages 18-55.
Nearly one-third (32%) cite rising gas prices as the reason they plan to shop more online this year.
The online survey was conducted from October 19-27, 2021 with a combined regional and national margin of error of +/- 5 percent.
Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.

Plaintiff Support Services Names Dean Chase President & Chief Executive Officer

Retrieved on:

Monday, July 26, 2021

Legal, Insurance, Finance, Consulting, Banking, Small business, Accounting, Professional services, Tort law, Legal costs, Civil law, Personal injury, Lawsuits, Peachtree Financial Solutions, Legal financing

Plaintiff Support Services (PSS) , a provider of pre- (non-recourse) and post-settlement funding to plaintiffs and law firms awaiting resolution of their personal injury cases, announced today the appointment of legal industry veteran Dean Chase as president and chief executive officer, succeeding founder and distinguished trial lawyer industry pioneer, Joseph DiNardo, Esq.

Key Points:

Plaintiff Support Services (PSS) , a provider of pre- (non-recourse) and post-settlement funding to plaintiffs and law firms awaiting resolution of their personal injury cases, announced today the appointment of legal industry veteran Dean Chase as president and chief executive officer, succeeding founder and distinguished trial lawyer industry pioneer, Joseph DiNardo, Esq.
Believed to be the oldest plaintiff funding company in the U.S., PSS was founded by DiNardo 30 years ago.
Dean has a proven track record of success and ethics within the niche plaintiff services industry.
Plaintiff Support Services is a national provider of financial support through pre-settlement and post-settlement funding, including plaintiff funding, medical funding, and specialty non-recourse funding for plaintiffs or law firms awaiting the resolution of their personal injury cases.