United States Secretary of the Treasury

NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

Retrieved on: 
Thursday, December 15, 2022
Federal Reserve Board of Governors, Nature, Treasury, United States Secretary of the Treasury, Community Bank, COVID-19, Bank, Magnetic deviation

WHITE PLAINS, N.Y., Dec. 15, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per common share.

Key Points: 
  • WHITE PLAINS, N.Y., Dec. 15, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per common share.
  • The dividend will be paid on or about February 6, 2023 to shareholders of record as of the close of business on January 3, 2023.
  • The Company is the holding company for NorthEast Community Bank.
  • NorthEast Community Bank is a New York State chartered savings bank that operates eight full-service branches in New York and three full-service branches in Massachusetts and loan production offices in White Plains and New City, New York.

The University of Maryland Hosts a Public Lecture on Cryptocurrency and Central Bank Digital Currency (CBDC)

Retrieved on: 
Thursday, November 17, 2022
Crypto, Robert H. Smith (philanthropist), Bank for International Settlements, CBDC, DCMA, Information assurance, BIS, History of the University of Maryland, College Park, Digital currency, Student, Bank, University, Business, School, United States Secretary of the Treasury, News, White, U.S. News & World Report, Society for Worldwide Interbank Financial Telecommunication, White House, Cryptocurrency, Accounting, Financial technology

The first generation of cryptographic cash was engineered for untrusted public participants and was not intended to be facilitated by regulated financial institutions.

Key Points: 
  • The first generation of cryptographic cash was engineered for untrusted public participants and was not intended to be facilitated by regulated financial institutions.
  • Cryptographic cash for trusted monetary authorities and financial institutions must be reimagined to achieve widespread adoption by central banks, retail and commercial banks, merchants, and citizens.
  • The class will introduce Crypto 2.0, a set of open standards for realizing a digital currency public monetary system suitable for central banks, member banks, Fintech, and cryptocurrency exchanges.
  • The DCMA is the world leader in the innovation of digital currency technology and monetary policy frameworks for governments and central banks.

NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

Retrieved on: 
Thursday, September 29, 2022
Federal Reserve Board of Governors, United States Secretary of the Treasury, COVID-19, Nature, Treasury, Company, Forward-looking statement, Community Bank, Nasdaq, Board of directors, Board, GLOBE, Bank, Magnetic deviation

WHITE PLAINS, N.Y., Sept. 29, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the Company) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per common share.

Key Points: 
  • WHITE PLAINS, N.Y., Sept. 29, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the Company) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per common share.
  • The dividend will be paid on or about November 15, 2022 to shareholders of record as of the close of business on October 14, 2022.
  • The Company is the holding company for NorthEast Community Bank.
  • NorthEast Community Bank is a New York State chartered savings bank that operates eight full-service branches in New York and three full-service branches Massachusetts and loan production offices in White Plains and New City, New York.

Brian Schwartz Named Chief Investment Officer at Mi BANK

Retrieved on: 
Monday, August 15, 2022
Multimedia, CFA, Marathon Asset Management, M.B.A, Industry, CEO, Wall Street, Knowledge, United States Secretary of the Treasury, East Grand Rapids High School, Bachelor of Science in Nursing, BANK, Grand Valley State University, Fordham University, Miami University, CIO, MI, Treasury, Financial services, Science

BLOOMFIELD HILLS, Mich., Aug. 15, 2022 /PRNewswire/ -- Mi BANK announced today the appointment of Brian Schwartz, CFA, as Chief Investment Officer of its new Private Client, Family Office Group.

Key Points: 
  • BLOOMFIELD HILLS, Mich., Aug. 15, 2022 /PRNewswire/ -- Mi BANK announced today the appointment of Brian Schwartz, CFA, as Chief Investment Officer of its new Private Client, Family Office Group.
  • In this role, Schwartz will be responsible for crafting strategic partnerships with sophisticated investment advisory firms across the United States.
  • "I look forward to developing Mi BANK's relationships across the industry, assembling a world-class team of strategic investment advisors, and growing the new Private Client, Family Office Group."
  • Schwartz joins Mi BANK with over 20 years of experience as a traditional money investor and hedge fund manager on Wall Street.

PIMCO Hires Richard Clarida as Managing Director and Global Economic Advisor

Retrieved on: 
Wednesday, August 3, 2022
EMPC, Private Securities Litigation Reform Act, Columbia University, Harvard University, Vice, Assistant, Economic Policy (journal), Board, AMPC, Catholic Secular Forum, International relations, APC, Master, Federal Reserve Board of Governors, EPC, News, Assistant Secretary of the Treasury for Economic Policy, Treasury, Solution, GLOBE, Federal Reserve, C. Lowell Harriss, Income, Environment, Leadership, Structure of the Federal Reserve System, Doctor of Philosophy, United States Secretary of the Treasury, Champaign County, Illinois, University, Partnership, PIMCO, Renewable energy, Financial adviser, Security (finance), Economics, Science

Joachim Fels, Managing Director and currently PIMCOs Global Economic Advisor, will retire from PIMCO at the end of the year after a long and illustrious career spanning almost four decades as an economist.

Key Points: 
  • Joachim Fels, Managing Director and currently PIMCOs Global Economic Advisor, will retire from PIMCO at the end of the year after a long and illustrious career spanning almost four decades as an economist.
  • In his previous tenure at PIMCO from 2006-2018, Mr. Clarida served in a similar role as Global Strategic Advisor and played a key role in formulating PIMCOs global macroeconomics analysis.
  • Richard Clarida is a PIMCO Managing Director and Global Economic Advisor.
  • Prior to joining PIMCO in 2022, Mr. Clarida was PIMCOs Global Strategic Advisor from 2006 to 2018.

NorthEast Community Bancorp, Inc. Announces Stock Repurchase Program

Retrieved on: 
Wednesday, July 27, 2022
Treasury, Community Bank, GLOBE, U.S. Securities and Exchange Commission, Forward-looking statement, Federal Reserve Board of Governors, Compliance, Rule, Board, Securities Exchange Act of 1934, COVID-19, Nature, Company, Hamilton Avenue station, Security (finance), Nasdaq, United States Secretary of the Treasury, Bank, Magnetic deviation

WHITE PLAINS, New York, July 27, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the Company), the holding company for NorthEast Community Bank, today announced that the Companys Board of Directors has authorized a stock repurchase program to acquire up to 1,637,794 shares, or 10%, of the Company's currently issued and outstanding common stock commencing on August 1, 2022.

Key Points: 
  • WHITE PLAINS, New York, July 27, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the Company), the holding company for NorthEast Community Bank, today announced that the Companys Board of Directors has authorized a stock repurchase program to acquire up to 1,637,794 shares, or 10%, of the Company's currently issued and outstanding common stock commencing on August 1, 2022.
  • This is the Companys first repurchase program since completing its second-step conversion and related stock offering in July 2021.
  • The repurchase program does not obligate the Company to purchase any particular number of shares and it may be extended, modified or discontinued at any time.
  • For more information about NorthEast Community Bancorp and NorthEast Community Bank, please visit www.necb.com.

ENCORE ENERGY APPOINTS FORMER DEPARTMENT OF INTERIOR PRINCIPAL DEPUTY SOLICITOR GREGORY ZERZAN AS CHIEF ADMINISTRATIVE OFFICER AND GENERAL COUNSEL

Retrieved on: 
Monday, July 18, 2022
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CORPUS CHRISTI, TEXAS, July 18, 2022 /PRNewswire/ - enCore Energy Corp. ("enCore" or the "Company") (TSXV: EU) (OTCQB: ENCUF) announced today that Mr. Gregory Zerzan has been appointed as the Chief Administrative officer and General Counsel, effective July 15, 2022.

Key Points: 
  • CORPUS CHRISTI, TEXAS, July 18, 2022 /PRNewswire/ - enCore Energy Corp. ("enCore" or the "Company") (TSXV: EU) (OTCQB: ENCUF) announced today that Mr. Gregory Zerzan has been appointed as the Chief Administrative officer and General Counsel, effective July 15, 2022.
  • Mr. Zerzan is a proven executive and recognized legal expert on public and regulatory policies with more than 20 years of experience, most recently as the Principal Deputy Solicitor of the United States Department of the Interior.
  • "We are thrilled to welcome Gregory to our executive team," said William M. Sheriff, Executive Chairman at enCore Energy.
  • He will play an instrumental role, both as the Chief Administrative officer and as the General Counsel, as enCore continues its progress towards many development and production milestones in becoming the next leading American uranium producer."

NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

Retrieved on: 
Thursday, June 23, 2022
Treasury, GLOBE, Community Bank, United States Secretary of the Treasury, Federal Reserve Board of Governors, COVID-19, Nature, Board of directors, Forward-looking statement, Company, Nasdaq, Board, Bank, Magnetic deviation

WHITE PLAINS, N.Y., June 23, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the Company) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per common share.

Key Points: 
  • WHITE PLAINS, N.Y., June 23, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the Company) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per common share.
  • The dividend will be paid on or about August 5, 2022 to shareholders of record as of the close of business on July 5, 2022.
  • The Company is the holding company for NorthEast Community Bank.
  • NorthEast Community Bank is a New York State chartered savings bank that operates eight full-service branches in New York and three full-service branches Massachusetts and loan production offices in White Plains and New City, New York.

The Digital Currency Monetary Authority Introduces a Global Digital Banking Framework for Crypto 2.0

Retrieved on: 
Wednesday, June 22, 2022
People, Crypto, African Central Bank, Association, Industry, Review, FSP, Central bank, Royal commission, Blockchain, Bank, European Central Bank, DCMA, Bank of China, Innovation, White paper, Ministry, CBDC, Financial Times and McKinsey Business Book of the Year Award, Financial services, Cryptocurrency, Adoption, Constitution Club of India, Research, ISP, Traction, PBOC, Winston Hall, African Union, Digital currency, Economic policy of the Joe Biden administration, World Economic Forum, Asset, United Nations, First Nations in Ontario, United States Secretary of the Treasury, AACB, Union, Internet, European Commission, Executive order, Ministry of Finance of the People's Republic of China, Bitcoin, Financial technology

WASHINGTON, June 22, 2022 /PRNewswire/ -- The Digital Currency Monetary Authority (DCMA) introduces a global regulatory compliant framework for broader banking and financial services adoption of cryptocurrencies and digital assets.

Key Points: 
  • WASHINGTON, June 22, 2022 /PRNewswire/ -- The Digital Currency Monetary Authority (DCMA) introduces a global regulatory compliant framework for broader banking and financial services adoption of cryptocurrencies and digital assets.
  • The DCMA's executive team has been working with governments and central banks on blockchain and digital currency cryptography since 2013.
  • When the Biden Administration released its Executive Order on Digital Assets, the United States Treasury requested and met with the DCMA to discuss a digital assets guidance framework for the banking industry.
  • The first Crypto 2.0 Global Digital Banking Summit is being hosted by the DCMA on July 28, 2022 at Constitution Club of India in New Delhi.

NorthEast Community Bancorp, Inc. Announces Special One Time Cash Dividend

Retrieved on: 
Wednesday, May 4, 2022
Board, COVID-19, Board of directors, Forward-looking statement, Federal Reserve Board of Governors, Community Bank, Nasdaq, Treasury, GLOBE, Company, United States Secretary of the Treasury, Nature, Bank, Magnetic deviation

WHITE PLAINS, N.Y., May 04, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the Company) (Nasdaq: NECB) announced today that its Board of Directors has declared a special one-time cash dividend of $0.18 per common share.

Key Points: 
  • WHITE PLAINS, N.Y., May 04, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the Company) (Nasdaq: NECB) announced today that its Board of Directors has declared a special one-time cash dividend of $0.18 per common share.
  • The dividend will be paid on or about May 31, 2022 to shareholders of record as of the close of business on May 16, 2022.
  • The Company is the holding company for NorthEast Community Bank.
  • NorthEast Community Bank is a New York State chartered savings bank that operates seven full-service branches in New York and three full-service branches Massachusetts and loan production offices in White Plains and New City, New York.