Fulton

Ben Franklin Technology Partners completes first close of its expected $100M venture fund for Pennsylvania innovation

Retrieved on: 
Thursday, November 9, 2023

PHILADELPHIA, Nov. 9, 2023 /PRNewswire/ -- Ben Franklin Technology Partners of Southeastern Pennsylvania ("Ben Franklin") has completed a first close of its Global Opportunity Pennsylvania Fund II, L.P. (the "GO PA Fund"), a growth stage venture fund to invest in technology-focused enterprises throughout the Commonwealth of Pennsylvania. Anchor investors include Ben Franklin and Fulton Bank, as well as notable commitments from the Ben Franklin Technology Development Authority (BFTDA), WSFS Bank, Robin Hood Ventures and Investors Circle.

Key Points: 
  • $28M first close tops total raise of GO Philly Fund; new fund will invest primarily in Pennsylvania-based high growth technology companies already part of the Ben Franklin Network portfolio
    PHILADELPHIA, Nov. 9, 2023 /PRNewswire/ -- Ben Franklin Technology Partners of Southeastern Pennsylvania ("Ben Franklin") has completed a first close of its Global Opportunity Pennsylvania Fund II, L.P. (the "GO PA Fund"), a growth stage venture fund to invest in technology-focused enterprises throughout the Commonwealth of Pennsylvania.
  • Anchor investors include Ben Franklin and Fulton Bank, as well as notable commitments from the Ben Franklin Technology Development Authority (BFTDA), WSFS Bank, Robin Hood Ventures and Investors Circle.
  • First close of expected $100M venture fund for Pennsylvania innovation; to invest in PA-based tech & health companies.
  • Raising approximately $28 million in its first close, the GO PA Fund already has exceeded the total $24.3 million raised by Ben Franklin's prior fund, Global Opportunity Philadelphia Fund I, L.P. (the "GO Philly Fund").

SouthState Builds PayTech and Private Capital Solutions Team

Retrieved on: 
Tuesday, November 7, 2023

ATLANTA, Nov. 7, 2023 /PRNewswire/ -- SouthState Bank today announced several additions to its Payments Technology and Private Capital Solutions teams to serve its growing customer base.

Key Points: 
  • ATLANTA, Nov. 7, 2023 /PRNewswire/ -- SouthState Bank today announced several additions to its Payments Technology and Private Capital Solutions teams to serve its growing customer base.
  • "A primary focus at SouthState is making sure our customers have the most advanced payments and technology solutions for their business, as well as access to private fund financing," said Kurt Shreiner, president, Corporate Financial Services Division.
  • "We are pleased to have added such experienced talent to our team and look forward to leveraging the knowledge of these bankers to help our customers."
  • Michael Fulton – Private Capital Solutions relationship manager, Raleigh, North Carolina – brings more than 18 years of banking experience, including 13 years with Square 1 and Signature Bank, to his role at SouthState.

Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends

Retrieved on: 
Tuesday, September 19, 2023

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.16 per share on its common stock, payable on October 13, 2023, to shareholders of record as of October 2, 2023.

Key Points: 
  • Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.16 per share on its common stock, payable on October 13, 2023, to shareholders of record as of October 2, 2023.
  • In addition, Fulton announced that the Board declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on October 16, 2023, to shareholders of record as of October 1, 2023, for the period from and including July 15, 2023, to, but excluding, October 15, 2023.
  • Fulton, a $27 billion Lancaster, Pennsylvania-based financial holding company, has more than 3,300 employees and operates more than 200 financial centers in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20230919953088/en/

Talent Sourcing Executive Challenges Leaders to Embrace Human-Centric HR Priorities

Retrieved on: 
Wednesday, August 9, 2023

NEW YORK, Aug. 9, 2023 /PRNewswire/ -- The Talent Revolution: Optimizing Our Workforce for the New Talent Economy, by Anne Fulton is now available. The book is published with Forbes Books, the exclusive business book publishing imprint of Forbes, and is available on Amazon.

Key Points: 
  • NEW YORK, Aug. 9, 2023 /PRNewswire/ -- The Talent Revolution: Optimizing Our Workforce for the New Talent Economy, by Anne Fulton is now available.
  • The book is published with Forbes Books, the exclusive business book publishing imprint of Forbes, and is available on Amazon .
  • "People practices, business practices and strategic HR priorities must be better than those of the last decade," Fulton said.
  • "The new era of talent experience and talent enablement is here," Fulton said.

Fulton Bank Welcomes Two New Members to Board of Directors

Retrieved on: 
Tuesday, August 8, 2023

Fulton Bank today announced the appointments of Retired Rear Admiral Dr. Jan Hamby and CEO of The High Companies Mike Shirk to the Bank’s board of directors.

Key Points: 
  • Fulton Bank today announced the appointments of Retired Rear Admiral Dr. Jan Hamby and CEO of The High Companies Mike Shirk to the Bank’s board of directors.
  • View the full release here: https://www.businesswire.com/news/home/20230808010805/en/
    Dr. Hamby, a highly decorated naval officer, brings more than 35 years of expertise and leadership in telecommunications, space, cyber and national security to Fulton Bank’s board of directors.
  • Mike Shirk, CEO of The High Companies, one of the largest family-owned employers in central Pennsylvania, brings more than 25 years of business management, strategy and engineering experience to Fulton Bank’s board of directors.
  • “We are thrilled to expand Fulton Bank’s board of directors with two accomplished leaders, Dr. Jan Hamby and Mike Shirk,” said Fulton Chairman, President and CEO Curtis J. Myers.

Helios Technologies Announces Retirement of Chief Financial Officer Tricia L. Fulton and Names Sean P. Bagan as Successor

Retrieved on: 
Tuesday, July 18, 2023

“Before I joined Helios, Tricia navigated the Company back from a challenging time in 2020.

Key Points: 
  • “Before I joined Helios, Tricia navigated the Company back from a challenging time in 2020.
  • Her knowledge and expertise of our businesses combined with her steadfast leadership and contributions have been invaluable to Helios.
  • Bagan joins Helios after spending 23 years at Polaris Inc., a global leader in powersports and off-road innovation.
  • With extensive financial management leadership experience, Bagan brings more than 20 years of international business, strategic financial operations, and leadership experience.

ADDvantage Technologies Telecom Services Company Broadens Service Offering to Support Federal Broadband Deployment and Investment

Retrieved on: 
Wednesday, June 28, 2023

CARROLLTON, Texas, June 28, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that wholly owned subsidiary, Fulton Technologies (“Fulton”) Inc., is expanding its operation and value-added services to the deployment of fiber broadband connectivity.

Key Points: 
  • CARROLLTON, Texas, June 28, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that wholly owned subsidiary, Fulton Technologies (“Fulton”) Inc., is expanding its operation and value-added services to the deployment of fiber broadband connectivity.
  • With the enactment of the federal $1.2 trillion Infrastructure Investment and Jobs Act (IIJA), resources are becoming available to deploy broadband infrastructure to help close the digital divide.
  • The IIJA provides the single largest one-time federal broadband investment in history with over $65 billion in funding.
  • Fulton Technologies’ management team has a long history of fiber engineering and deployment of Outside Plant Services (OSP).

Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends

Retrieved on: 
Tuesday, June 20, 2023

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.16 per share on its common stock, payable on July 14, 2023, to shareholders of record as of July 3, 2023.

Key Points: 
  • Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.16 per share on its common stock, payable on July 14, 2023, to shareholders of record as of July 3, 2023.
  • This is a one cent per share increase from the quarterly cash dividend that the Board declared on March 21, 2023.
  • In addition, Fulton announced that the Board declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on July 17, 2023, to shareholders of record as of July 2, 2023, for the period from and including April 15, 2023 to, but excluding, July 15, 2023.
  • Fulton, a $27 billion Lancaster, Pennsylvania-based financial holding company, has more than 3,300 employees and operates more than 200 financial centers in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.

ADDvantage Technologies Telecom Services Company Teams with Walker Technical Solutions (WTS) to Broaden Service Offering and Enhance Customer Value

Retrieved on: 
Tuesday, June 20, 2023

CARROLLTON, Texas, June 20, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that its wholly owned subsidiary, Fulton Technologies (“Fulton”) Inc., has signed a teaming agreement with Walker Technical Solutions LLC (“WTS”) to enhance overall service delivery and long-term customer value.

Key Points: 
  • CARROLLTON, Texas, June 20, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that its wholly owned subsidiary, Fulton Technologies (“Fulton”) Inc., has signed a teaming agreement with Walker Technical Solutions LLC (“WTS”) to enhance overall service delivery and long-term customer value.
  • The teaming agreement between Fulton and WTS provides telecom customers with a unique value proposition.
  • “We are thrilled to be working with WTS and leveraging the vast experience, capabilities, and scale they provide,” commented Brian Davidson, CRO of ADDvantage Technologies.
  • “Our collective team has already begun having substantive conversations around improving customer key metrics and accountability through our new arrangement.

Fulton Bank Releases 2022 Corporate Social Responsibility Report

Retrieved on: 
Wednesday, May 24, 2023

Fulton Bank, N.A (“Fulton Bank”), a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today released its 2022 Corporate Social Responsibility (CSR) Report showcasing how Fulton Bank continues to meet its purpose of changing lives for the better.

Key Points: 
  • Fulton Bank, N.A (“Fulton Bank”), a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today released its 2022 Corporate Social Responsibility (CSR) Report showcasing how Fulton Bank continues to meet its purpose of changing lives for the better.
  • “In this year’s report, you will see that our company is growing and making impact by doing what matters most,” said Curt Myers, Chairman and CEO, Fulton Bank.
  • “We’re helping people become first-time homeowners; educating customers about money; empowering community members to make good financial decisions; and making financial services available for people and small businesses in underbanked and underserved communities.”
    This year’s CSR Report includes more highlights of how Fulton aligns with the Sustainability Accounting Standards Board (SASB) standards and provides additional information about certain other metrics that underscore our efforts to create positive impact in our company and throughout our communities.