Centre Avenue

F.N.B. Corporation Commits $1.1 Million to Hill District Federal Credit Union

Retrieved on: 
Monday, May 15, 2023

PITTSBURGH, May 15, 2023 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB), the holding company for First National Bank (FNB), announced a $1.1 million investment in the Hill District Federal Credit Union (HDFCU) that will empower the Minority Depository Institution's (MDI) mission to deliver vital financial services and resources to a historically underserved community.

Key Points: 
  • Corporation (NYSE: FNB), the holding company for First National Bank (FNB), announced a $1.1 million investment in the Hill District Federal Credit Union (HDFCU) that will empower the Minority Depository Institution's (MDI) mission to deliver vital financial services and resources to a historically underserved community.
  • The Company is injecting a total of more than $200 million in loans, investments and grants to foster revitalization in the Hill District, which is the site of its new corporate headquarters, FNB Financial Center.
  • The HDFCU also plans to turn 5,000 square feet of vacant space into four affordable apartments for Hill District residents.
  • FNB's contributions to the Hill District highlight its guiding mission to improve the quality of life in all of its service areas.

Mill Creek Residential Announces Grand Opening of Modera New Rochelle

Retrieved on: 
Thursday, September 22, 2022

NEW ROCHELLE, N.Y. , Sept. 22, 2022 /PRNewswire/ -- Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the grand opening of Modera New Rochelle, a luxury apartment community within a one-minute walk of New Rochelle's Main Street.

Key Points: 
  • NEW ROCHELLE, N.Y., Sept. 22, 2022 /PRNewswire/ -- Mill Creek Residential , a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the grand opening of Modera New Rochelle , a luxury apartment community within a one-minute walk of New Rochelle's Main Street.
  • "This community has certainly been a collaborative effort with the City of New Rochelle, and we're humbled that many prominent local figures joined us for the Grand Opening," said Russell Tepper , senior managing director of development in the Northeast region for Mill Creek Residential.
  • "With the addition of Modera New Rochelle, our City is set to continue growing and developing for visitors and residents."
  • "Modera New Rochelle is a wonderful result of dedication and commitment to the New Rochelle community.

SK Siltron CSS Celebrates Ribbon Cutting of New Bay City, Michigan Manufacturing Facility

Retrieved on: 
Thursday, September 1, 2022

BAY CITY, Mich., Sept. 1, 2022 /PRNewswire/ -- SK Siltron CSS, a semiconductor wafer manufacturer, today celebrated the ribbon cutting of its new manufacturing facility in Bay City, Michigan, with state officials including Governor Gretchen Whitmer and U.S. Rep. Dan Kildee (MI-5) in attendance. The new facility is part of a $300 million expansion the company announced in July 2021 with critical support from the Michigan Economic Development Corporation. The expansion will both double the company's Michigan workforce and quadruple its manufacturing capacity over the next several years.

Key Points: 
  • SK Siltron CSS is a U.S. subsidiary of South Korea's SK Siltron, a global leader in semiconductor wafers.
  • "SK Siltron CSS is thrilled to expand our presence in Michigan and reinforce our commitment to the entire Bay City community while creating high-paying jobs and new investment opportunities," said Jianwei Dong, Chief Executive Officer of SK Siltron CSS.
  • "SK Siltron CSS is a world-class, high-technology company that could have chosen to invest anywhere in the world, and chose Bay County, Michigan.
  • To further highlight the commitment to Bay City, SK Group and SK Siltron CSS are revealing a public arts project that advances their community engagement efforts.

Crossroads Impact Corp 2022 Fiscal Second Quarter Report

Retrieved on: 
Tuesday, June 14, 2022

DALLAS, June 14, 2022 /PRNewswire/ -- Crossroads Impact Corp (OTCQX: CRSS) ("Crossroads" or the "Company"), a holding company focused on investing in businesses that promote economic vitality and community development, reported financial results for its fiscal second quarter endedApril 30, 2022.

Key Points: 
  • DALLAS, June 14, 2022 /PRNewswire/ -- Crossroads Impact Corp (OTCQX: CRSS) ("Crossroads" or the "Company"), a holding company focused on investing in businesses that promote economic vitality and community development, reported financial results for its fiscal second quarter endedApril 30, 2022.
  • Total revenue from operations was $16.6 million for the quarter ended April 30, 2022, compared to $476.5 million for the prior fiscal year's quarter ended April 30, 2021.
  • Net operating income before taxes and non-controlling interest for 2022 fiscal second quarter was $5.1 million, compared to $150.3 million the prior year.
  • During the second quarter of 2022, we further extended our impact loan portfolio, adding $20M during the quarter and bringing the year-to-date total to $70M, with no delinquencies to date.

NOW OPEN: FOREFRONT DERMATOLOGY OPENS NEW CLINIC IN SHADYSIDE COMMUNITY

Retrieved on: 
Thursday, June 2, 2022

PITTSBURGH, June 2, 2022 /PRNewswire/ -- Forefront Dermatology is pleased to announce the relocation of its Pittsburgh - Bloomfield clinic to the Shadyside neighborhood at 5750 Centre Avenue, Suite 500, Pittsburgh. The first day of patient care was Tuesday, May, 3rd.

Key Points: 
  • Forefront Dermatology understands the need to expand access to deliver much needed skin care and a comprehensive set of dermatological services.
  • They also provide medical treatment for conditions such as acne, psoriasis, eczema, pediatric dermatology, and even cosmetic dermatology.
  • The Forefront Dermatology - Shadyside clinic is in network for Highmark BlueCross Blue Shield, UPMC health plans, and the majority of major health plans available to our region.
  • "We are excited to join the Shadyside community and look forward to welcoming new and established patients to our Shadyside clinic.

FNB Delivers More Than $7 Million for Hill District in Pittsburgh

Retrieved on: 
Wednesday, September 22, 2021

Corporation (NYSE: FNB) announced it has delivered an initial payment of nearly $7.2 million to the Greater Hill District Reinvestment Fund to support community investment and development.

Key Points: 
  • Corporation (NYSE: FNB) announced it has delivered an initial payment of nearly $7.2 million to the Greater Hill District Reinvestment Fund to support community investment and development.
  • With a long history of service to the community, FNB's total investment in the Hill District is in excess of $200 million in loans, investments and grants.
  • The Company will continue to deepen its support in the Hill District and Pittsburgh region overall as the FNB Financial Center development progresses, with completion anticipated in 2023.
  • Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia.