AmSouth Bancorporation

NEW YORK COMMUNITY BANCORP, INC. CONTINUES TO STRENGTHEN MANAGEMENT TEAM AND ENHANCE RISK FRAMEWORK

Retrieved on: 
Friday, March 1, 2024

HICKSVILLE, N.Y., March 1, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced the appointments of George F. Buchanan III as Executive Vice President and Chief Risk Officer and Colleen McCullum as Executive Vice President and Chief Audit Executive, effective immediately.

Key Points: 
  • The leadership team identified the material weaknesses disclosed yesterday and has been taking the necessary steps to address them, including appointing new executives.
  • Mr. Buchanan brings over 30 years of financial services-related risk management and credit experience, having previously held roles at First Union, AmSouth Bank, US Bank, and Regions Bank.
  • George and Colleen are proven leaders with large bank and public company expertise and successful track records of delivering operational excellence.
  • George's risk management experience, coupled with Colleen's audit acumen, will be important as we continue to upgrade our executive leadership team and ensure we execute on our goals."

Surge Ventures Expands Board of Advisors with the Addition of Nimesh Mehta, Joseph Kuo, Brian Johnson and Ann Robinson

Retrieved on: 
Monday, January 22, 2024

MENLO PARK, Calif., Jan. 22, 2024 /PRNewswire/ -- Surge Ventures (Surge), a new SaaS venture studio initially targeting the financial services and wealth management industry, announced the expansion of its advisory board comprised of wealth management and FinTech industry executives to help guide the firm as it continues its journey to find, fund and nurture the leading technologies of tomorrow. New Board members are Nimesh Mehta, Joseph Kuo, Brian Johnson and Ann Robinson. They join current members, Jason Lish (Chairman), Dr. Neil Daswani, John Rostern, Larry Roth, Matthew Martin, Geoff Moore.

Key Points: 
  • New Board members are Nimesh Mehta, Joseph Kuo, Brian Johnson and Ann Robinson.
  • Surge has established a strong Industry Council comprised of seasoned executives and influencers from across the FinTech and wealth management sectors.
  • The new Board members will add their voices as strategic counselors to Surge's leadership, as the firm executes its vision and growth plans.
  • "I am extremely excited to welcome Nimesh, Joe, Brian and Ann to the Surge Ventures Industry Council," said Lish.

Florida Bank Introduces New Name: DLP Bank

Retrieved on: 
Thursday, November 2, 2023

Bank holding company DLP Bancshares announced that its north Florida commercial bank, Community State Bank, will be renamed DLP Bank on November 13, 2023.

Key Points: 
  • Bank holding company DLP Bancshares announced that its north Florida commercial bank, Community State Bank, will be renamed DLP Bank on November 13, 2023.
  • DLP Bank, which has $250 million in assets, is headquartered in Starke, Florida, near to Jacksonville.
  • “Since our investment, DLP Bank has experienced solid, measured growth,” said Don Wenner, Founder and CEO of DLP Capital and the lead investor in DLP Bancshares.
  • The bank is expected to benefit in the future from DLP Bancshares’ affiliation with DLP Capital, which has a base of 2,250+ investors nationwide and 200+ real estate operator relationships that have the potential to access DLP Bank services.

Alabama Firm Hires Expertise to Solve Complex Investor Needs

Retrieved on: 
Thursday, July 6, 2023

The firm has provided wealth preservation, investment management, and financial and tax planning for over 30 years.

Key Points: 
  • The firm has provided wealth preservation, investment management, and financial and tax planning for over 30 years.
  • Eson's experience and expertise as an independent Financial Advisor will further add to the organization's capabilities.
  • "I am proud to partner with a firm who has a forward-looking vision of meeting client needs," said Eson.
  • To meet these complex client needs, Investor's Resource employs a team approach to serving clients.

Regions Bank Names New Head of Homebuilder Finance

Retrieved on: 
Tuesday, June 6, 2023

Regions Bank on Tuesday announced veteran banker Fred Behnke has been named head of the bank’s Homebuilder Finance team.

Key Points: 
  • Regions Bank on Tuesday announced veteran banker Fred Behnke has been named head of the bank’s Homebuilder Finance team.
  • View the full release here: https://www.businesswire.com/news/home/20230606005190/en/
    Fred Behnke, head of Regions Bank’s Homebuilder Finance team.
  • (Photo: Business Wire)
    Specialized bankers in Regions’ Homebuilder Finance team support loans to homebuilders for new home construction, lot purchases and development, and ancillary financial needs.
  • “Fred’s successful tenure here at Regions, combined with the insights of our entire Homebuilder Finance team, will help us deliver even greater value for clients while supporting the development of important housing opportunities throughout our footprint.”
    Behnke joined AmSouth Bank, a predecessor to Regions, in 1999 as a Homebuilder Finance relationship manager serving clients across Florida.

NewtekOne, Inc. Hires M. Scott Price as Chief Financial Officer

Retrieved on: 
Tuesday, May 16, 2023

BOCA RATON, Fla., May 16, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced that it has hired Mr. M. Scott Price as Chief Financial Officer (“CFO”) of the Company, effective May 16, 2023.

Key Points: 
  • BOCA RATON, Fla., May 16, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced that it has hired Mr. M. Scott Price as Chief Financial Officer (“CFO”) of the Company, effective May 16, 2023.
  • Mr. Price comes to NewtekOne with over 17 years’ experience in the financial services industry with specific focuses on, and an extensive background in, banking and accounting.
  • Most notably, Scott spent close to a decade at IBERIABANK Corporation in the role of Executive Vice President, Chief Accounting Officer and Corporate Controller.
  • Barry Sloane, Chairman, President and Chief Executive Officer said, “We have patiently waited for the right opportunity to retain someone with the talent and background of Scott Price to join our organization as CFO of the financial holding company.

Southern States Bancshares, Inc. Announces Leadership Transition

Retrieved on: 
Monday, May 1, 2023

ANNISTON, Ala., May 01, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced the appointment of Mark Chambers as Chief Executive Officer. He succeeds retiring Chief Executive Officer and Founder Stephen Whatley. The changes were effective April 28, 2023.

Key Points: 
  • ANNISTON, Ala., May 01, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced the appointment of Mark Chambers as Chief Executive Officer.
  • "Founding and leading Southern States for nearly two decades has been the highlight of my career, but after careful consideration, I am ready to enjoy retirement,” Mr. Whatley said.
  • “We are very confident that he will continue to drive strong results and position Southern States for ongoing success.”
    Mr.
  • Prior to joining Southern States, he served as Market President of Colonial Bank from 1982 through 2006.

Northern Florida Bank Acquired by DLP Bancshares

Retrieved on: 
Thursday, September 15, 2022

DLP Bancshares today announced that it has acquired Community State Bank, a commercial bank with $225 million in assets headquartered in Starke, Florida, near Gainesville and Jacksonville.

Key Points: 
  • DLP Bancshares today announced that it has acquired Community State Bank, a commercial bank with $225 million in assets headquartered in Starke, Florida, near Gainesville and Jacksonville.
  • View the full release here: https://www.businesswire.com/news/home/20220914005938/en/
    Community State Bank in northern Florida is acquired by DLP Bancshares (Photo: Business Wire)
    Community State Bank is a tremendous asset to its community, and we have plans to honor its rich history of quality and client service while at the same time contributing additional capital to position the bank for growth, said Don Wenner, Founder & CEO of DLP Capital and the lead investor in DLP Bancshares.
  • DLP Bancshares holdings include Community State Bank, an FDIC-insured commercial bank with $225 million in assets, offering a full range of commercial and consumer banking products.
  • The bank, founded in the city of Starke, Florida, was purchased by DLP Bancshares in 2022 and is active in communities throughout northern Florida and beyond.

Mindy Johnson, CPPT Joins Fiduciary Trust International as Managing Director & Relationship Manager for Custody Services

Retrieved on: 
Wednesday, August 10, 2022

Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Mindy Johnson, CPPT has come aboard as managing director and relationship manager for custody services.

Key Points: 
  • Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Mindy Johnson, CPPT has come aboard as managing director and relationship manager for custody services.
  • She was most recently senior vice president and relationship manager at Salem Trust Co. in Tampa, where she was instrumental in the sales and growth of custody services for public pension plans.
  • "Fiduciary Trust International is well-known in the industry for its robust suite of custody services, said Ms. Johnson.
  • Fiduciary Trust International, a global wealth management firm headquartered in New York, NY, has served individuals, families, endowments and foundations since 1931.

CapStar Announces Significant Chattanooga Investment

Retrieved on: 
Monday, July 11, 2022

NASHVILLE, Tenn., July 11, 2022 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), today announced the addition of four seasoned, local bankers doubling the size of the Banks recently developed Chattanooga banking group.

Key Points: 
  • NASHVILLE, Tenn., July 11, 2022 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), today announced the addition of four seasoned, local bankers doubling the size of the Banks recently developed Chattanooga banking group.
  • We are thrilled to welcome the addition of these well-recognized market leaders, said Chattanooga Market President Brian Paris.
  • She is a former member of the Kiwanis Club of Chattanooga and Hospice of Chattanooga Foundation.
  • Craig has 17 years of Chattanooga banking experience most recently serving as Chattanooga President for Southern Heritage Bank.