Apple Bank for Savings

First Central Savings Bank Celebrates a Momentous Milestone in Loan Originations: $1 Billion and Counting

Retrieved on: 
Friday, October 20, 2023

With expertise, knowledge and superior customer service, the residential lending team has propelled FCSB's lending operations to new heights.

Key Points: 
  • With expertise, knowledge and superior customer service, the residential lending team has propelled FCSB's lending operations to new heights.
  • Ken Sapanski, SEVP Chief Credit Officer and Director of Mortgage Banking expressed his deep praise to the residential team.
  • The remarkable milestone of $1 billion in loan originations speaks volumes about FCSB’s robust loan growth and its steadfast position in the market.”
    SEVP Ken Sapanski, EVP Michelle Socias, President Paul Hagan, and First Central Savings Bank’s Board of Directors.
  • Executive Leadership Team Members at First Central Savings Bank.

Air Lease Corporation Announces Closing of $400 Million Unsecured Term Loan Facility

Retrieved on: 
Friday, December 9, 2022

Air Lease Corporation (NYSE: AL) today announced the closing of a new $400 million unsecured term loan facility with a final maturity in 2027.

Key Points: 
  • Air Lease Corporation (NYSE: AL) today announced the closing of a new $400 million unsecured term loan facility with a final maturity in 2027.
  • Sumitomo Mitsui Trust Bank, Limited, New York Branch acted as the Mandated Lead Arranger and Bookrunner on the transaction.
  • We are pleased to announce the successful closing of this $400 million unsecured term loan facility supported by a syndicate of global banking partners across Asia, Europe and North America, said Daniel Verwholt, Senior Vice President & Treasurer of Air Lease Corporation.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.

Tredway Founder & CEO Will Blodgett Honored by Project FIND

Retrieved on: 
Friday, November 11, 2022

NEW YORK, Nov. 11, 2022 /PRNewswire/ -- Tredway, a triple-bottom line real estate development firm that invests in, acquires, and preserves affordable, workforce, and mixed-income housing, today announced that its Founder and CEO, Will Blodgett, was honored by Project FIND, a nonprofit dedicated to helping seniors navigate the challenges of aging by providing quality housing, meals, and programs to those who are low-income, homebound, and homeless.

Key Points: 
  • "Project FIND reaches people when they are at their most vulnerable and provides the stability, support, and comfort that saves lives and sparks happiness and longevity," said Blodgett.
  • "Will has translated this insight into the construction of thousands of affordable homes; a track record that Project FIND is proud to acknowledge and honor."
  • Tredway is a triple bottom line real estate development firm that invests in, acquires, and preserves affordable, workforce, and mixed-income housing.
  • To learn about the advantages of partnering with Tredway, visit: www.tredway.com

Apple Bank Provides Financial Services to Ukrainian Nationals

Retrieved on: 
Wednesday, August 17, 2022

Apple Bank announced today that Ukrainian nationals who have recently arrived in the New York City area and hope to access financial services are now eligible to open an account with the Bank by visiting any of its 82 branch locations.

Key Points: 
  • Apple Bank announced today that Ukrainian nationals who have recently arrived in the New York City area and hope to access financial services are now eligible to open an account with the Bank by visiting any of its 82 branch locations.
  • Apple Bank recognizes the importance of helping people and families rebuild their lives by providing them with the critical financial solutions needed to do so.
  • Apple Bank is pleased to join other local organizations such as non-sectarian lender Hebrew Free Loan Society (HFLS) in helping Ukrainian Nationals with their financial needs.
  • HFLS provides interest-free loans to low- and moderate-income New Yorkers facing financial challenges, and Apple Bank hopes that Ukrainian Nationals who take advantage of the services offered by HFLS and/or Apple Bank will benefit in strengthening their financial health.

Apple Bank to Eliminate Bounced Check Fees and Debit Card PIN POS Fees

Retrieved on: 
Tuesday, July 19, 2022

Additionally, the Bank will reduce from six to three the daily maximum number of overdraft fees a customer will incur.

Key Points: 
  • Additionally, the Bank will reduce from six to three the daily maximum number of overdraft fees a customer will incur.
  • The Bank is also increasing the daily overdraft threshold under which no fees will be charged to $50.00 on any business day.
  • Separately, the Bank will eliminate fees charged for PIN based Visa debit card transactions processed on-line or at merchant locations.
  • The Bank does not charge fees for signature based Visa debit card transactions.

Apple Bank Expands Beyond the Big Apple Opening Branch in Englewood, New Jersey Palisades Court Shopping Center – 33 Nathaniel Place, Englewood, NJ 07631

Retrieved on: 
Tuesday, June 28, 2022

The branch will be located at 33 Nathaniel Place in the Palisades Court Shopping Center across the street from Shoprite.

Key Points: 
  • The branch will be located at 33 Nathaniel Place in the Palisades Court Shopping Center across the street from Shoprite.
  • Adding locations in New Jersey is a natural extension of the Banks branch footprint and allows it to better serve New Jersey residents who work in New York and bank with Apple Bank.
  • Being present where it can best serve its clients is a philosophy that has served Apple Bank well when expanding its branch network.
  • As the second-largest state-chartered savings bank in New York, Apple Bank has $16.1 billion in assets as of December 31, 2021, and $14.0 billion in deposits.

Apple Bank Establishes Equipment Finance Group Industry Veteran Ken Walters to Lead New Team

Retrieved on: 
Monday, May 16, 2022

Apple Bank today announced that it is establishing an Equipment Finance Group to be headed by industry veteran Ken Walters and an initial core team of seven that has worked together for many years.

Key Points: 
  • Apple Bank today announced that it is establishing an Equipment Finance Group to be headed by industry veteran Ken Walters and an initial core team of seven that has worked together for many years.
  • The group, part of Apple Banks growing Commercial and Industrial (C&I) lending practice, will launch mid-May.
  • Ken Walters, Managing Director, Head of Equipment Finance, stated: It is a great pleasure to join Apple Bank, an excellent platform for our team to extend our past success at growing a highly profitable equipment finance operation and helping our customers to address their equipment financing needs.
  • Our solid new platform at Apple Bank, a privately held, 160-year-old and well-capitalized institution, should serve the equipment financing market well.

Biannual ONUG Concludes Spring 2022 Event Following Monumental Growth

Retrieved on: 
Tuesday, May 10, 2022

BOSTON, May 10, 2022 /PRNewswire/ -- ONUG, the enterprise cloud community of Global 2000 IT business leaders, recently completed its Spring 2022 event. ONUG Spring hosted over 75 speakers and 55 + sessions focused on sharing breakthrough technologies and solutions that highlight the best ways to secure, connect, automate and observe multi-cloud infrastructures. Thousands of ONUG Community member IT executives and practitioners attended the event, both online and in-person, from some of the largest cloud consumers in the enterprise space, such as Citigroup, Cigna, Bank of America, Apple Bank, FedEx, Capital One, Raytheon Technologies, Target and more. A key component of ONUG Spring was live demonstrations where IT teams gained knowledge on how products from multiple vendors and multiple cloud providers interoperated to deliver cloud security plus orchestration and automation solutions to multi-cloud infrastructure. Suppliers including Microsoft, IBM, Oracle, Google, Triggermesh, Concourse Labs, Laceworks, Aviatrix, F5, Gluware, and others, participated in these live demonstrations to provide community members multi-cloud infrastructure proof points so that ONUG Community members would have the confidence to build the same for their corporation.   

Key Points: 
  • Enterprise cloud community offers sneak peek of next in-person event, ONUG Fall 2022
    BOSTON, May 10, 2022 /PRNewswire/ -- ONUG , the enterprise cloud community of Global 2000 IT business leaders, recently completed its Spring 2022 event.
  • At one of the most anticipated demonstrations at ONUG Spring, the ONUG Collaborative's Automated Cloud Governance (ACG) Working Group demonstrated the "birthday cake" iteration of the Cloud Security Notification Framework (CSNF) Decorator.
  • "ONUG Spring 2022 was our first in-person gathering since 2019, and it exceeded all of our expectations.
  • "The ONUG Collaborative Steering Committee is so proud of the ACG Working Group members and the O&A Working Group that delivered a major milestone at ONUG Spring.