Hancock Whitney

Vero Fiber Announces Strategic Capitalization with Bank Syndicate

Retrieved on:

Thursday, October 26, 2023

Woodforest National Bank, Social media, Education, Family, Hancock Whitney, FTTH, Internet access, GTCR, Artificial intelligence, Zayo Group, Cloud computing, Investment, Financial services, Vero

BOULDER, Colo., Oct. 26, 2023 /PRNewswire/ -- VFN Holdings, Inc, (Vero) a nationwide fiber infrastructure provider serving wholesale, technology, enterprise and retail internet customers, announced the successful completion of a $115 million credit facility, including $100 million of committed capital and a $15 million accordion, jointly arranged by Hancock Whitney Bank and Woodforest Bank. With this strong institutional backing, Vero will further strengthen its fiber-to-the-home (FTTH) and dark fiber network solutions, ensuring sufficient capital for critical market expansions in furtherance of Vero's mission to continue to provide digital communications and connectivity services in underserved markets throughout the United States.

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Vero was established in 2017 by a group of former executives of Zayo Group, LLC, including Matt Erickson, one of Zayo's Co-Founders and Chief Operating Officers.
"Vero has experienced incredible growth across our various customer verticals," states Matt Erickson, Chief Executive Officer of Vero.
"This strategic recapitalization will enable Vero to accelerate its expansion efforts to support improved internet access and bandwidth in markets and geographies across the United States where no fiber currently exists."
Bank Street Group LLC served as exclusive financial advisor and placement agent to Vero in connection with the transaction.

Hancock Whitney Bank and FHLB Dallas Award $253K in Relief Funding to Rebuilding Together New Orleans

Retrieved on:

Friday, June 9, 2023

Hancock Whitney Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) celebrated awarding more than $253,000 in Disaster Rebuilding Assistance (DRA) funds today in a ceremonial check presentation to Rebuilding Together New Orleans.

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Hancock Whitney Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) celebrated awarding more than $253,000 in Disaster Rebuilding Assistance (DRA) funds today in a ceremonial check presentation to Rebuilding Together New Orleans.
View the full release here: https://www.businesswire.com/news/home/20230609005435/en/
Rebuilding Together New Orleans received more than $253,000 in disaster relief funding from FHLB Dallas through its member, Hancock Whitney Bank, to help restore homes in New Orleans impacted by Hurricane Ida.
“New Orleans has endured catastrophic weather events throughout its history,” said LaCarsha Babers, vice president and community outreach officer at Hancock Whitney Bank.
“Hancock Whitney Bank’s involvement in DRA continues to make a direct and positive impact on storm victims.”
For more information about DRA, visit fhlb.com/dra .

Helios Adds Eric Woodraska as Client Portfolio Manager

Retrieved on:

Tuesday, May 23, 2023

Consulting, Asset Management, Professional Services, Finance, CFA, Research, Associate, Hancock Whitney, AVP, Pacific Life, FINRA, Knowledge, Financial adviser, Helios

Helios , created to equip financial advisors with the necessary tools to increase scale and efficiency and communicate with more confidence, announced today the addition of Eric Woodraska, CFA to the Helios Client Experience team.

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Helios , created to equip financial advisors with the necessary tools to increase scale and efficiency and communicate with more confidence, announced today the addition of Eric Woodraska, CFA to the Helios Client Experience team.
“Our focus has always been on providing an outstanding experience for our clients, in turn enabling them to extend the same to their own,” said Paul Burke , VP of Client Experience at Helios.
“It’s important to us that our portfolio managers are committed to understanding Helios’ implementation process and maintaining a focus on quality,” said Chris Shuba , Helios’ Founder and CEO.
These efforts will aim to bolster and further enhance the overall client experience provided by Helios.

BayFirst National Bank Welcomes Adam Curtis as Senior Vice President, Pinellas Market Executive

Retrieved on:

Thursday, November 3, 2022

Prior to joining BayFirst, Adam served as executive vice president and senior lender for Freedom Bank, a competitor community bank based in St. Petersburg, which was acquired by Seacoast Bank in 2020.

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Prior to joining BayFirst, Adam served as executive vice president and senior lender for Freedom Bank, a competitor community bank based in St. Petersburg, which was acquired by Seacoast Bank in 2020.
Prior to Freedom Bank, he served as vice president at other top regional community banks, including Hancock Bank, Regions and Sun Trust.
In his new role with BayFirst, Adam will direct the strategic execution of BayFirsts commercial and personal loan production in Pinellas County to maximize profitability.
Anthony N. Leo, chief executive officer of BayFirst said, We are delighted to welcome Adam Curtis to BayFirst.

Hancock Whitney and FHLB Dallas Award $8K to Workforce Development Nonprofit

Retrieved on:

Tuesday, October 18, 2022

Hancock Whitney Bank (Hancock Whitney) and the Federal Home Loan Bank of Dallas (FHLB Dallas) gathered to award $8,000 in Partnership Grant Program (PGP) funds to Dress for Success Shreveport-Bossier (Dress for Success).

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Hancock Whitney Bank (Hancock Whitney) and the Federal Home Loan Bank of Dallas (FHLB Dallas) gathered to award $8,000 in Partnership Grant Program (PGP) funds to Dress for Success Shreveport-Bossier (Dress for Success).
We are grateful for the support from Hancock Whitney and FHLB Dallas to further our mission for women in Shreveport-Bossier.
Hancock Whitney is ecstatic for our investment to go further in partnership with FHLB Dallas.
Hancock Whitney has been a tremendous partner and community advocate, said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas.

Banks Award $39K to Houston Nonprofit

Retrieved on:

Tuesday, October 18, 2022

Marcus A. Vasquez, executive vice president, director of community development and CRA at Allegiance Bank, said the bank supports impactful organizations.

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Marcus A. Vasquez, executive vice president, director of community development and CRA at Allegiance Bank, said the bank supports impactful organizations.
The work being done at The BridgePath is changing many lives, and were honored to financially support them, he said.
Were delighted to award The BridgePath with PGP funds through our partnership with FHLB Dallas, she said.
The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932.

Hancock Whitney to Eliminate NSF and Certain Overdraft Fees

Retrieved on:

Friday, March 25, 2022

Hancock Whitney Bank, the banking subsidiary of Hancock Whitney Corporation (Nasdaq: HWC), today announced its plans to eliminate consumer (retail) non-sufficient funds (NSF) fees as well as certain overdraft (OD) fees by the end of 2022.

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Hancock Whitney Bank, the banking subsidiary of Hancock Whitney Corporation (Nasdaq: HWC), today announced its plans to eliminate consumer (retail) non-sufficient funds (NSF) fees as well as certain overdraft (OD) fees by the end of 2022.
As part of an overall update to the banks consumer offerings, and to assist customers with their liquidity needs, Hancock Whitney launched Early Pay in March, 2022.
Additionally, later this year Hancock Whitney will begin offering a new checking product for consumers who want simplicity and control, while avoiding overdrafts and overdraft-related fees.
Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility.

Two Port Arthur Homeowners Receive Hurricane Recovery Help

Retrieved on:

Thursday, February 24, 2022

Two homeowners whose properties were damaged by Hurricane Harvey received checks today from Hancock Whitney and the Federal Home Loan Bank of Dallas (FHLB Dallas) to help fund repairs needed due to water damage.

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Two homeowners whose properties were damaged by Hurricane Harvey received checks today from Hancock Whitney and the Federal Home Loan Bank of Dallas (FHLB Dallas) to help fund repairs needed due to water damage.
The subsidy covered a wide variety of home repairs and renovations for the homeowners related to water damage from the hurricane, including subfloor and frame structure repairs, plus new baseboards, drywall and flooring.
Mary Stagg said her floors suffered extensive damage due to flooding in the aftermath of Hurricane Harvey.
We appreciate our partnership with FHLB Dallas in providing these funds to help these homeowners who have lived with the storms devastation for so long, she said.

Hancock Whitney Announces Strategic Relationship with Cetera Financial Group

Retrieved on:

Wednesday, February 16, 2022

Hancock Whitney today announced a strategic relationship with Cetera Financial Group to provide Hancock Whitney clients with enhanced broker-dealer and investment advisory services.

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Hancock Whitney today announced a strategic relationship with Cetera Financial Group to provide Hancock Whitney clients with enhanced broker-dealer and investment advisory services.
Hancock Whitney Investment Services, Inc., (HWIS), a registered broker-dealer, member FINRA/SIPC, and an SEC Registered Investment Advisor, will transition its client investment services business to Cetera, operating under the name Hancock Whitney Financial Consultants, pending regulatory approval.
Cetera Financial Group (Cetera) is a leading financial services firm whose purpose is to enable the delivery of best-in-class financial advice to as many Americans as possible.
Cetera Financial Group refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC.

Cetera Announces Strategic Relationship with Hancock Whitney

Retrieved on:

Wednesday, February 16, 2022

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LOS ANGELES, Feb. 16, 2022 /PRNewswire/ -- Cetera Financial Group , one of America's largest networks of financial professionals, announced today that it has finalized a strategic relationship with Hancock Whitney.

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LOS ANGELES, Feb. 16, 2022 /PRNewswire/ -- Cetera Financial Group , one of America's largest networks of financial professionals, announced today that it has finalized a strategic relationship with Hancock Whitney.
Under the new relationship, Cetera's financial institutions community Cetera Investment Services will provide clients with enhanced investment and insurance solutions and investment advisory services through its financial consultants located at Hancock Whitney's branch locations.
"We look forward to collaborating to offer our Advice-Centric Experience to Hancock Whitney clients, helping them achieve their version of financial wellbeing through all stages of life.
"Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC.