Associated tags: SBA, Superior, Newsweek, First Federal Bank, Federal Bank, USDA, Real estate, First Federal Bank of California, Bank
Locations: UNITED STATES, GEORGIA, WISCONSIN, NORTH DAKOTA, AZ, KANSAS, OVERLAND PARK, KS, IL, ND, ILLINOIS, FLORIDA
Retrieved on:
Thursday, February 1, 2024
Finance,
Banking,
Professional Services,
Residential Building & Real Estate,
Construction & Property,
Partnership,
Wayne Gretzky,
Housing,
First Federal Bank,
Federal Bank,
Real estate First Federal Bank, based in Twin Falls, Idaho, has engaged Calque , the leader in enabling traditional lenders to offer buy-before-you-sell programs, to launch The Trade-In Mortgage™ in Idaho.
Key Points:
- First Federal Bank, based in Twin Falls, Idaho, has engaged Calque , the leader in enabling traditional lenders to offer buy-before-you-sell programs, to launch The Trade-In Mortgage™ in Idaho.
- With The Trade-In Mortgage, First Federal Bank will give individuals the opportunity to leverage the equity in their home to purchase a new one, prior to selling their current home.
- This unique approach provides convenience and a significant advantage to house-hunters who have an existing home, especially in the current market conditions.
- Working with a leading community bank, like First Federal Bank, lets us help those same buyers to make a competitive cash offer in this housing market.”
LAKE CITY, Fla., Jan. 29, 2024 /PRNewswire/ -- First Federal Bank was named as one of America's Best Regional Banks for 2024 by Newsweek.
Key Points:
- LAKE CITY, Fla., Jan. 29, 2024 /PRNewswire/ -- First Federal Bank was named as one of America's Best Regional Banks for 2024 by Newsweek.
- Newsweek spotlighted the top 250 Regional Banks and 250 Credit Unions in the United States, including First Federal Bank.
- "Being recognized as one of America's Best Regional Banks is a testament to our unwavering dedication to our customers and communities.
- At First Federal Bank, in addition to providing banking services, we build lasting relationships and offer personalized solutions to help our customers achieve their goals.
Retrieved on:
Thursday, December 28, 2023
LAKE CITY, Fla., Dec. 28, 2023 /PRNewswire/ -- First Federal Bank is pleased to announce the success of its 2023 First Federal Way campaign, which received contributions of $50,430 from employees.
Key Points:
- LAKE CITY, Fla., Dec. 28, 2023 /PRNewswire/ -- First Federal Bank is pleased to announce the success of its 2023 First Federal Way campaign, which received contributions of $50,430 from employees.
- With the bank's match, a total of $100,900 is being donated to local non-profit agencies who make a significant difference in their communities.
- Since its inception 18 years ago, the First Federal Way campaign has consistently demonstrated the generosity and commitment the bank employees have for their local community.
- It is an honor to work alongside all of them," shares John A. Medina, President & CEO of First Federal Bank.
Retrieved on:
Wednesday, December 27, 2023
TALLAHASSEE, Fla., Dec. 27, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the closing of a commercial loan secured by a cultivation site in Florida for aggregate gross proceeds of $25 million.
Key Points:
- TALLAHASSEE, Fla., Dec. 27, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the closing of a commercial loan secured by a cultivation site in Florida for aggregate gross proceeds of $25 million.
- Trulieve will pay interest at a fixed rate of 8.31% for the duration of the five-year loan.
- "We are pleased to announce this non-dilutive financing, particularly given the current macroeconomic backdrop," said Trulieve Chief Executive Officer, Kim Rivers.
- "This loan provides Trulieve greater flexibility and bolsters our cash position as we focus on preparing for growth catalysts."
Giving Tuesday, the Tuesday after Thanksgiving, is a global generosity movement aimed to transform communities and the world.
Key Points:
- Giving Tuesday, the Tuesday after Thanksgiving, is a global generosity movement aimed to transform communities and the world.
- For each transaction throughout the day that resulted in a donation, First Federal Bank then doubled the donation at no cost to the customer.
- The bank's President and CEO, John A. Medina, expressed his excitement for this day of giving, stating that "giving is part of who we are at First Federal Bank.
- To learn more about participating in a Community Rewards Program, please contact First Federal Bank at 1-877-499-0572 or visit your local branch.
Retrieved on:
Tuesday, November 7, 2023
GAINESVILLE, Fla., Nov. 7, 2023 /PRNewswire/ -- First Federal Bank shared a generous donation of $30,000 to the Boys & Girls Clubs of Northeast Florida and their roofing improvement project for their Northwest location.
Key Points:
- GAINESVILLE, Fla., Nov. 7, 2023 /PRNewswire/ -- First Federal Bank shared a generous donation of $30,000 to the Boys & Girls Clubs of Northeast Florida and their roofing improvement project for their Northwest location.
- This contribution highlights First Federal Bank's dedication to the local community and the support of organizations that empower youth.
- The Boys & Girls Clubs of Northeast Florida is a non-profit organization that provides a safe environment for children and teens, offering life-enhancing programs and character development experiences.
- John A. Medina, President and CEO of First Federal Bank, expressed his enthusiasm for this partnership, "We are proud to support the Boys & Girls Clubs of Northeast Florida and their efforts to inspire and empower the next generation.
LAKE CITY, Fla., Aug. 28, 2023 /PRNewswire/ -- First Federal Bank kicked-off the new school year by celebrating and commemorating with a plaque, Bulldog Bank, a student-run bank branch located within Suwannee High School.
Key Points:
- LAKE CITY, Fla., Aug. 28, 2023 /PRNewswire/ -- First Federal Bank kicked-off the new school year by celebrating and commemorating with a plaque, Bulldog Bank, a student-run bank branch located within Suwannee High School.
- The event and plaque ceremony was attended by members of First Federal Bank, superintendent, school staff, teacher sponsors, and past and current interns of the program.
- Bulldog Bank launched in 2011 and is open each school day from 7:45 am to 3:30 pm.
- Over the years, many graduates from Suwannee High School and the Bulldog Bank program have joined First Federal Bank in full-time positions.
Retrieved on:
Thursday, August 24, 2023
LAKE CITY, Fla., Aug. 24, 2023 /PRNewswire/ -- First Federal Bank was honored to host the Florida Chamber of Commerce's annual North Central Regional Business Leaders Meeting in Gainesville, FL.
Key Points:
- LAKE CITY, Fla., Aug. 24, 2023 /PRNewswire/ -- First Federal Bank was honored to host the Florida Chamber of Commerce's annual North Central Regional Business Leaders Meeting in Gainesville, FL.
- In addition to listening to various speakers, attendees had the opportunity to network and meet leaders from around the region.
- At the beginning of 2023, John Medina, President and CEO of First Federal Bank, assumed the role of North Central Florida Regional Chair for the Florida Chamber of Commerce.
- Medina believes supporting organizations, like the Florida Chamber of Commerce, is paramount to the long-term economic success of Florida.
Retrieved on:
Wednesday, April 12, 2023
Kaplan,
National bank,
First Federal Savings and Loan Association Building,
First,
Organization,
Acquisition,
First Federal Bank,
First Nations Bank of Canada,
BNC,
Bank,
Real estate,
Phoenix LAKE CITY, Fla., April 12, 2023 /PRNewswire/ -- First Federal Bank and BNC National Bank announce that they have signed a definitive agreement for First Federal to acquire certain assets and liabilities of BNC National Bank's mortgage division.
Key Points:
- LAKE CITY, Fla., April 12, 2023 /PRNewswire/ -- First Federal Bank and BNC National Bank announce that they have signed a definitive agreement for First Federal to acquire certain assets and liabilities of BNC National Bank's mortgage division.
- The acquisition of BNC National Bank's mortgage division will enable First Federal to better serve the customers of both organizations by offering additional technology tools and an expanded product offering.
- First Federal anticipates retention of substantially all employees of the BNC National Bank's mortgage division team.
- "BNC National Bank's mortgage division team will continue to excel at our core strengths while adding to our product offerings and joining an already amazing First Federal mortgage business," says Doug Brendel, President Mortgage Banking.
Retrieved on:
Wednesday, April 12, 2023
BNC Bank's mortgage division is principally composed of its Overland Park, Kansas based nationwide consumer direct mortgage platform.
Key Points:
- BNC Bank's mortgage division is principally composed of its Overland Park, Kansas based nationwide consumer direct mortgage platform.
- The purchase is subject to customary conditions and is expected to close in the second quarter of 2023.
- Mr. Vekich continued, "In the last year, we have taken substantial steps to improve the profitability of our mortgage banking origination business in response to the persistent challenges facing the mortgage banking industry.
- We are proud of the resiliency and dedication of our mortgage banking team which has built a reputation for providing quality service.
