MBF

Navy Federal Credit Union Now Operates Department of Defense Overseas Military Banking Facilities

Retrieved on: 
Tuesday, April 2, 2024
Professional Services, Defense, Insurance, Military, Finance, Banking, Veterans, Active duty, Navy Federal Credit Union, ATM, Community Bank, MBF, Credit, Navy, Bank

Navy Federal Credit Union has officially started operating the Military Banking Facilities (MBF) overseas, known as "Community Bank."

Key Points: 
  • Navy Federal Credit Union has officially started operating the Military Banking Facilities (MBF) overseas, known as "Community Bank."
  • These MBFs are part of the Department of Defense (DoD) Overseas Military Banking Program.
  • MBFs overseas will now be co-branded as "Community Bank, Operated by Navy Federal Credit Union.”
    “The Overseas Military Banking Program fits our core values at Navy Federal and is consistent with our primary mission of supporting Active Duty military members and their families,” said Kara Cardona, COO of Navy Federal.
  • While Navy Federal Credit Union now operates these MBFs overseas, these institutions will remain as separate entities.

EXCESS SHARE INSURANCE SELECTED TO PROVIDE DEPOSIT INSURANCE FOR MILITARY BANKING FACILITIES OVERSEAS

Retrieved on: 
Wednesday, April 3, 2024
Navy Federal Credit Union, American Share Insurance, National Credit Union Administration, History, ESI, Military personnel, Insurance, Woman, ASI, Overseas, Community Bank, MBF, Credit union, Navy, Bank

DUBLIN, Ohio, April 3, 2024 /PRNewswire/ -- Excess Share Insurance (ESI), a wholly owned subsidiary of American Share Insurance (ASI), announced today that the company will provide private deposit insurance for Military Banking Facilities (MBF) overseas, known as "Community Bank."

Key Points: 
  • DUBLIN, Ohio, April 3, 2024 /PRNewswire/ -- Excess Share Insurance (ESI), a wholly owned subsidiary of American Share Insurance (ASI), announced today that the company will provide private deposit insurance for Military Banking Facilities (MBF) overseas, known as "Community Bank."
  • These MBFs are a part of the Department of Defense (DoD) Overseas Military Banking Program.
  • With 60 branches and 272 ATMs on bases throughout Europe and the Pacific, MBFs play a crucial role in meeting the banking needs of the military community.
  • "ESI's experience and proven track record of providing private deposit insurance will empower the Overseas Military Banking Program to succeed in its mission while protecting the deposits of the military service members it serves," said Theresa Mason, president and CEO of ASI and ESI.

CCFNB Bancorp, Inc. and Muncy Bank Financial, Inc. Complete Strategic Merger of Equals

Retrieved on: 
Wednesday, November 15, 2023
Banking, Professional Services, Finance, Senior, OTC Markets Group, Edward F. Stevens, MBF, MCFC, Partnership, Growth, Risk management, Security (finance), Retail

Lance O. Diehl, Chairman, President and Chief Executive Officer of Muncy Columbia Financial Corporation (OTC Pink: CCFN), announced today the completion of the merger of Muncy Bank Financial, Inc. ("MBF") with and into CCFNB Bancorp, Inc. ("CCFNB"), and the merger of The Muncy Bank and Trust Company ("Muncy Bank") with and into First Columbia Bank & Trust Co. ("First Columbia Bank").

Key Points: 
  • Lance O. Diehl, Chairman, President and Chief Executive Officer of Muncy Columbia Financial Corporation (OTC Pink: CCFN), announced today the completion of the merger of Muncy Bank Financial, Inc. ("MBF") with and into CCFNB Bancorp, Inc. ("CCFNB"), and the merger of The Muncy Bank and Trust Company ("Muncy Bank") with and into First Columbia Bank & Trust Co. ("First Columbia Bank").
  • In connection with the mergers, effective November 11, 2023, CCFNB changed its name to Muncy Columbia Financial Corporation ("MCFC") and First Columbia Bank changed its name to Journey Bank.
  • "Today marks the beginning of an exciting new chapter in the history of Journey Bank," said Glunk.
  • Griffin Financial Group served as financial advisor and provided a fairness opinion to MBF and Barley Snyder served as its legal counsel.

CCFNB Bancorp, Inc. and Muncy Bank Financial, Inc., Announce Receipt of Shareholder Approvals for Merger of Equals

Retrieved on: 
Tuesday, October 3, 2023
Banking, Professional Services, Finance, Agreement, Plan, Partnership, OTCQB, Trust, Muncy Bank Ballpark at Historic Bowman Field, MBF, Security (finance), Management

The closing of the proposed merger remains subject to certain customary closing conditions.

Key Points: 
  • The closing of the proposed merger remains subject to certain customary closing conditions.
  • Together we will build on our shared community banking traditions, providing greater strength, size and stability to serve our communities and generating greater profitability and returns for our shareholders."
  • Robert J. Glunk, Chairman, President and CEO of MBF, said, "We are excited for what the future holds for our combined company.
  • We are one step closer to creating a partnership that will benefit all of our stakeholders and the communities we serve."

Entrepreneurs of Color Fund launches in Miami to spur small business growth, address systemic racial barriers

Retrieved on: 
Tuesday, May 16, 2023
JPMorgan Chase, Small business, Partnership, Employment, Rockefeller Foundation, Education, Face, Local Initiatives Support Corporation, COVID-19, Reyes, Woman, LISC, Organization, Prudential Financial, Oportunidades, Work, MBF, Economic development, Growth, City, National Lottery Community Fund, BIPOC, Health, County, Fifth Third Bank, Drug, Management, Bank, U.S. Bancorp

Para leer esta información en español, haga clic aquí

Key Points: 
  • Para leer esta información en español, haga clic aquí
    A national program, EOCF operates in 10 cities and is specifically designed to break down racial barriers to small business financing.
  • The first three— Ascendus , the Community Fund of North Miami Dade , and the Miami Bayside Foundation —will participate as small business lenders, while Prospera will provide a range of technical assistance.
  • The partners will coordinate closely to share referrals and resources so they can best support diverse Miami small businesses.
  • https://www.ascendus.org/
    The Community Fund of North Miami Dade (CFNMD) helps small businesses access capital to grow and be better prepared to face difficult times.

Carisk® Partners Completes Acquisition of Advanced Claims Review Specialists (ACRS)

Retrieved on: 
Tuesday, December 13, 2022
Data Management, Practice Management, Technology, Professional Services, Health, Health Technology, Health Insurance, Software, Other Professional Services, Insurance, Human Resources, Partner, Trust, MBF, Woodall, Commercial, Patient, Investment, Multimedia, Record, ACRS, Acquisition, Health insurance, Medicine, Medicaid, Medicare

Carisk Partners (Carisk), an MBF Healthcare Partners II LP (MBF) portfolio company providing specialty risk transfer and care coordination services in the workers compensation market, is pleased to announce the completion of its acquisition of Advanced Claims Review Specialists (ACRS), a medical cost containment company utilizing evidence-based analysis of medical bills and records.

Key Points: 
  • Carisk Partners (Carisk), an MBF Healthcare Partners II LP (MBF) portfolio company providing specialty risk transfer and care coordination services in the workers compensation market, is pleased to announce the completion of its acquisition of Advanced Claims Review Specialists (ACRS), a medical cost containment company utilizing evidence-based analysis of medical bills and records.
  • View the full release here: https://www.businesswire.com/news/home/20221213006014/en/
    Carisk Partners Announces the Acquisition of Advanced Claims Review Specialists (ACRS), a medical cost containment company.
  • Since 2016, Carisk Partners has redefined the way patients and clients access high quality care and support services in the workers compensation marketplace.
  • Advanced Claims Review Specialists (ACRS), formally known as Woodall & Broome Hospital Bill Negotiations & Claims Review Services, was an extended service of Woodall & Broome Anti-Fraud and Compliance Company.

MBF Healthcare Partners II, L.P. Acquires Austin Connect to Wellness, LLC d/b/a ABA Connect, A Regional Provider of Applied Behavior Analysis to Children with Autism

Retrieved on: 
Monday, December 12, 2022
Professional Services, Mental Health, Health, Consumer, Children, Finance, MBF, Partnership, Health, Sale, Applied behavior analysis, ABA, Quality of life, Education, Autism, ASD, Connect, Acquisition, Pharmaceutical industry, Healthcare, Medicine

MBF Healthcare Partners II, L.P. (MBF), a middle market healthcare focused private equity firm, is pleased to announce it has completed the acquisition of Austin Connect to Wellness, LLC d/b/a ABA Connect (ABA Connect).

Key Points: 
  • MBF Healthcare Partners II, L.P. (MBF), a middle market healthcare focused private equity firm, is pleased to announce it has completed the acquisition of Austin Connect to Wellness, LLC d/b/a ABA Connect (ABA Connect).
  • ABA Connect, a Texas-based provider of high-quality applied behavior analysis (ABA) therapy to children and adolescents with autism spectrum disorder (ASD), was founded in 2013 by Kirsten Brooks.
  • About MBF Healthcare Partners II, L.P.:
    MBF Healthcare Partners II, L.P. is a leading middle market healthcare private equity fund based in Coral Gables, Florida.
  • The partners of MBF have substantial operating experience in healthcare and have held senior management positions in both private and publicly traded healthcare companies.

Palm Medical Centers Expands Into Hernando County With 26th Primary Care Clinic Location in Florida

Retrieved on: 
Monday, November 28, 2022
Nursing, Health, Consumer, Hospitals, Seniors, Managed Care, MBF, Greater Baltimore Medical Center, Medicaid, Psychiatry, Partnership, De novo, Patient, Pediatrics, Family, Medicare, Medicare Advantage, Dentistry, Optometry, Cardiology, Deltona, Florida, Hospital, Health insurance, Podiatry, Palm

Palm Medical Centers (Palm), an MBF Healthcare Partners II, L.P. (MBF) portfolio company and one of the largest independent primary care medical groups in Florida, announces the opening of its senior-focused clinic in Spring Hill.

Key Points: 
  • Palm Medical Centers (Palm), an MBF Healthcare Partners II, L.P. (MBF) portfolio company and one of the largest independent primary care medical groups in Florida, announces the opening of its senior-focused clinic in Spring Hill.
  • Founded in 2013, Palm Medical Centers is a provider of value-based, capitated primary care services with a focus on high-quality clinical outcomes, cost-effective care, and a patient-centric experience.
  • Operating a network of 26 medical centers across six counties in Florida, Palm Medical Centers serves over 36,000 combined Medicare Advantage, and managed Medicaid patients under value-based contracts.
  • Partnering with numerous managed care organizations, Palm Medical Centers offers comprehensive and integrated medical care to plan members with a focus on quality.

Palm Medical Centers has opened a new Senior Primary Care Center in Dade City, FL

Retrieved on: 
Tuesday, October 25, 2022
Nursing, Health, Consumer, Hospitals, Seniors, Managed Care, Medical director, Medicaid, Cardiology, Patient, COO, Patient satisfaction, PMC, North Shore Medical Center (Miami), Partnership, Medicare Advantage, Medicare, Industry, Optometry, Pediatrics, Dentistry, Medicine, City, MBF, Psychiatry, Hospital, Central Florida, Podiatry

The new facility, which is PMCs 25th center and its 4th in Pasco County, is now open and is located at 37235 Medical Drive, Dade City FL 33525.

Key Points: 
  • The new facility, which is PMCs 25th center and its 4th in Pasco County, is now open and is located at 37235 Medical Drive, Dade City FL 33525.
  • Founded in 2013, Palm Medical Centers is a provider of value-based, capitated primary care services with a focus on high-quality clinical outcomes, cost-effective care, and a patient-centric experience.
  • Operating a network of 25 medical centers across six counties in Florida, Palm Medical Centers serves more than 34,000 Medicare Advantage and managed Medicaid patients.
  • Partnering with numerous managed care organizations, Palm Medical Centers offers comprehensive and integrated medical care to plan members with a focus on quality.

Palm Medical Announces the Opening of New Senior Primary Care Center in Aventura

Retrieved on: 
Thursday, October 6, 2022
Mental Health, Commercial Building & Real Estate, Construction & Property, Hospitals, Dental, Cardiology, Health Insurance, General Health, Health, Optical, Medicaid, Cardiology, COO, Patient, Adventist HealthCare Shady Grove Medical Center, Partnership, Medicare Advantage, Medicare, Optometry, Pediatrics, Dentistry, MBF, Psychiatry, Hospital, Podiatry

Palm Medical Centers, an MBF Healthcare Partners II, L.P. (MBF) portfolio company, and one of the largest independent primary care medical groups in Florida, announces the opening of its 24th senior primary care clinic in Aventura, Florida.

Key Points: 
  • Palm Medical Centers, an MBF Healthcare Partners II, L.P. (MBF) portfolio company, and one of the largest independent primary care medical groups in Florida, announces the opening of its 24th senior primary care clinic in Aventura, Florida.
  • Founded in 2013, Palm Medical Centers is a provider of value-based, capitated primary care services with a focus on high-quality clinical outcomes, cost-effective care, and a patient-centric experience.
  • Operating a network of 24 medical centers across six counties in Florida, Palm Medical Centers serves more than 34,000 Medicare Advantage and managed Medicaid patients.
  • Partnering with numerous managed care organizations, Palm Medical Centers offers comprehensive and integrated medical care to plan members with a focus on quality.