American Banker

FirstBank Announces New Chief Banking Officer

Retrieved on: 
Thursday, April 4, 2024
Retirement, First Bank, Front Range, CBO, American Banker

LAKEWOOD, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- FirstBank , one of the largest privately held banks in the nation with a focus on “banking for good,” recently named Adam Sands the Chief Banking Officer (CBO).

Key Points: 
  • LAKEWOOD, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- FirstBank , one of the largest privately held banks in the nation with a focus on “banking for good,” recently named Adam Sands the Chief Banking Officer (CBO).
  • The board elected previous FirstBank President Kevin Classen as the new CEO and promoted Kelly Kaminskas to Chief Operating Officer.
  • “Adam is well known for creating successful business alliances and being a strong collaborator throughout FirstBank and Colorado,” said Kevin Classen, CEO of FirstBank.
  • As CBO, my goal is to build on that success by doing what FirstBank does best: banking for good.

First Busey Corporation and Merchants and Manufacturers Bank Corporation Announce Election Deadline

Retrieved on: 
Tuesday, March 26, 2024
Florida Trend, Culture, Letter, Busey Bank, Pension, M&M, Merchant, Sumitomo Mitsui Banking Corporation, American Banker

CHAMPAIGN, Ill. and OAKBROOK TERRACE, Ill., March 26, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (“Busey”) (NASDAQ:BUSE), the holding company for Busey Bank, and Merchants and Manufacturers Bank Corporation (“M&M”), the holding company for Merchants and Manufacturers Bank (“M&M Bank”), today jointly announced that the election deadline for M&M shareholders of record to make merger consideration elections in connection with the previously announced merger between Busey and M&M is 5:00 p.m., Eastern Standard Time, on March 29, 2024.

Key Points: 
  • CHAMPAIGN, Ill. and OAKBROOK TERRACE, Ill., March 26, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (“Busey”) (NASDAQ:BUSE), the holding company for Busey Bank, and Merchants and Manufacturers Bank Corporation (“M&M”), the holding company for Merchants and Manufacturers Bank (“M&M Bank”), today jointly announced that the election deadline for M&M shareholders of record to make merger consideration elections in connection with the previously announced merger between Busey and M&M is 5:00 p.m., Eastern Standard Time, on March 29, 2024.
  • As of December 31, 2023, First Busey Corporation (Nasdaq: BUSE) was a $12.28 billion financial holding company headquartered in Champaign, Illinois.
  • Busey Bank, a wholly-owned bank subsidiary of First Busey Corporation, had total assets of $12.25 billion as of December 31, 2023, and is headquartered in Champaign, Illinois.
  • Busey Bank is honored to be named among America’s Best Banks by Forbes magazine for the second consecutive year.

Pinnacle Financial Partners Announces Dates for First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Monday, April 8, 2024
Banking, Other Professional Services, Professional Services, Finance, Work, Trust, FDIC, Webcast, PNFP, CDT, Pinnacle Financial Partners, BHG Financial, BHG, Workplace, American Banker, Cryptocurrency

Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2024 financial results on Monday, April 22, 2024, after market close.

Key Points: 
  • Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2024 financial results on Monday, April 22, 2024, after market close.
  • The first quarter 2024 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com .
  • Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution.
  • Pinnacle owns a 49 percent interest in BHG Financial, which provides innovative, hassle-free financial solutions to healthcare practitioners and other professionals.

BetterUp Names Jolen Anderson as Chief People and Community Officer

Retrieved on: 
Thursday, April 4, 2024
Software, Human Resources, Audio, Video, Consulting, Data Management, Professional Services, Technology, Business, Community, Black Enterprise, Employment, HR, Organization, Working Mother, Visa, Growth, Woman, Legal defense fund, Partnership, American City Business Journals, YWCA, Social responsibility, Senior, Alvin Ailey, CONFIG.SYS, Face, BNY Mellon, Fortune 500, Most, Ecosystem, Trustee, Law, American Banker, Management

BetterUp , the human transformation company and pioneer of virtual coaching, today announced the appointment of Jolen Anderson as the company’s first-ever Chief People and Community Officer.

Key Points: 
  • BetterUp , the human transformation company and pioneer of virtual coaching, today announced the appointment of Jolen Anderson as the company’s first-ever Chief People and Community Officer.
  • In her new role, Anderson will oversee all aspects of the human resources function, including talent strategy, people operations, leadership development, and inclusion efforts.
  • BetterUp’s mission and employees are unique because they also support the performance, resilience, and well-being of enterprise and Fortune 500 workforces worldwide,” said Jolen Anderson, Chief People and Community Officer of BetterUp.
  • For more information on Jolen Anderson and her new role at BetterUp, please visit betterup.com.

MeridianLink Announces 2024 MeridianLink LIVE! Keynote Speakers and Thought Leader Participation

Retrieved on: 
Tuesday, March 26, 2024
Other Consumer, Technology, Finance, Banking, Professional Services, Software, Data Analytics, Consumer, Artificial Intelligence, McKinsey & Company, Face, Growth, United Nations Security Council, Digital, Financial Times, Agriculture, United, White, Federal, Risk, Society, CNBC, United Nations, CNN, History, Policy, AI, Humour, American Banker, Atlantic Council, Housing, Investment, Council, Economist, Future, Federal Reserve, Singularity Group, Ali Akbar Mohtashamipur, The Wall Street Journal, Economics, Tech, Human

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the keynote speakers and thought leaders who will take the stage at MeridianLink LIVE!

Key Points: 
  • MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the keynote speakers and thought leaders who will take the stage at MeridianLink LIVE!
  • His recent work includes helping clients improve their advanced-analytics programs, launch digital banks and data businesses, and create centralized analytics environments.
  • In his session, Larry will discuss the future of AI in banking with MeridianLink SVP of product, Ian Goldsmith.
  • Tech Humanist Kate O’Neill brings over 25 years of digital innovation expertise to the MeridianLink LIVE!

FirstBank Announces New CEO and COO

Retrieved on: 
Tuesday, February 27, 2024
First Bank, Marketing, Culture, Growth, American Banker, Digital, Pleasure, CDO, Equity, Digital banking, Management

The board elected President, Kevin Classen, as the new CEO, and Chief Digital Officer (CDO), Kelly Kaminskas, was named Chief Operating Officer (COO).

Key Points: 
  • The board elected President, Kevin Classen, as the new CEO, and Chief Digital Officer (CDO), Kelly Kaminskas, was named Chief Operating Officer (COO).
  • Reuter, who will remain on the company’s board, started his career at FirstBank in 1987 and held several leadership positions, including COO and Executive Vice President, before being appointed CEO in 2017.
  • He was named a Denver Business Journal “Most Admired CEO” and a “Diversity, Equity and Inclusion” leader.
  • “It’s been a pleasure to be CEO of FirstBank and an active leader in the community, banking and fintech industry,” said Reuter.

Pathward’s Nichole Price Named to American Banker’s Prestigious List of The Most Influential Women in Payments

Retrieved on: 
Tuesday, March 5, 2024
Professional Services, Payments, Technology, Finance, Fintech, Banking, Senior, Woman, Credit union, Forecasting, Thought, American Banker, Eye, Content, Most, Process, Cryptocurrency

The award celebrates senior executives guiding the future of the global payments industry, while also examining topics of leadership, mentorship and inclusion.

Key Points: 
  • The award celebrates senior executives guiding the future of the global payments industry, while also examining topics of leadership, mentorship and inclusion.
  • American Banker will celebrate those who earn a spot on the 2024 list during its annual Payments Forum , taking place later this month in Hollywood, Florida.
  • She is a licensed certified public accountant and has been in her current role since July 2023.
  • “The work in itself is rewarding, and being recognized by American Banker is truly an honor.”

Customers Bancorp, Inc. Subordinated Notes to Convert from Fixed to Floating Rate

Retrieved on: 
Monday, March 4, 2024
Banking, Asset Management, Professional Services, Finance, Customers Bancorp, Business Day, Bank, American Banker, C&I, Business, Congress, Federal Reserve, Interest rate, Federal Deposit Insurance Corporation

Customers Bancorp, Inc. (NYSE:CUBI) announced that subordinated notes issued in 2014 will, on June 26, 2024, convert from an annual fixed rate of 6.125% to a floating rate.

Key Points: 
  • Customers Bancorp, Inc. (NYSE:CUBI) announced that subordinated notes issued in 2014 will, on June 26, 2024, convert from an annual fixed rate of 6.125% to a floating rate.
  • On June 24, 2014, Customers Bancorp, Inc. (“Customers”) and its wholly-owned subsidiary, Customers Bank, (the “Bank”) entered into subscription agreements with accredited investors under which the Bank issued $110.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes due 2029 (the “Subordinated Notes”).
  • Pursuant to the terms of the original Subordinated Note Certificate, from June 26, 2024, until maturity, the Subordinated Notes were to bear an annual interest rate equal to the three-month LIBOR plus 344.3 basis points.
  • Customers Bank’s commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-class customer service.

American Banker announces honorees for 2024's Most Influential Women in Payments, representing companies like American Express, KeyBank, Mastercard, Visa and more

Retrieved on: 
Wednesday, February 28, 2024
KeyBank, Senior, Woman, Synchrony, MoneyGram, Credit union, EVP, Embedded, SVP, Global Payments, Thought, American Banker, Eye, Mastercard, Risk, Content, Most, Fiserv, Process, CIO, U.S. Bancorp, American Express, Financial institution, Management

NEW YORK, Feb. 28, 2024 /PRNewswire-PRWeb/ -- American Banker, Arizent's essential resource for senior executives in financial services, has announced honorees for The Most Influential Women in Payments, the annual initiative that recognizes and celebrates trailblazing women leaders in the payments sector. This year's honorees are embracing agility and curiosity by finding unique pathways for advancement, leveraging generative AI and navigating transformational mergers.

Key Points: 
  • This year's honorees are embracing agility and curiosity by finding unique pathways for advancement, leveraging generative AI and navigating transformational mergers.
  • These women embody the resilience, savvy and shrewdness it takes to lead, and their accomplishments are nothing short of remarkable.
  • "These women embody the resilience, savvy and shrewdness it takes to lead, and their accomplishments are nothing short of remarkable."
  • Since 2013, The Most Influential Women in Payments has recognized the professional achievements and influence of top-performing female executives.

American Banker announces McKinsey & Company as lead knowledge partner for its 2024 DIGITAL BANKING conference

Retrieved on: 
Tuesday, February 27, 2024
Branch, AI, Intelligence, Risk management, Bank, American Banker, Future, Digital, Partnership, McKinsey & Company, DIGITAL

NEW YORK, Feb. 27, 2024 /PRNewswire-PRWeb/ -- American Banker, a leading information resource serving senior executives in financial services, has announced McKinsey & Company as the lead knowledge partner for this year's DIGITAL BANKING conference and its Bank of the Future immersive experience, taking place at The Boca Raton resort in Florida, June 24-25, 2024.

Key Points: 
  • NEW YORK, Feb. 27, 2024 /PRNewswire-PRWeb/ -- American Banker, a leading information resource serving senior executives in financial services, has announced McKinsey & Company as the lead knowledge partner for this year's DIGITAL BANKING conference and its Bank of the Future immersive experience, taking place at The Boca Raton resort in Florida, June 24-25, 2024.
  • McKinsey & Company is at the forefront of delivering outstanding technology and AI outcomes for today's financial services firms.
  • They are a partner for banks across multiple fields — and we're delighted to welcome them as our knowledge partner for DIGITAL BANKING.
  • "McKinsey & Company are at the forefront of delivering outstanding technology and AI outcomes for today's financial services firms" said Jeff Mancini, CEO of Arizent, parent company of American Banker.