Community Bank

Compass Health Breaks Ground on State-of-the-Art Regional Center for Intensive Behavioral Health Services

Retrieved on: 
星期四, 十月 12, 2023

The facility, slated for completion in summer 2025, will include more than 70,000 square feet of space purpose-built for intensive behavioral health services, including a 16-bed evaluation and treatment unit (E&T), a 16-bed crisis triage center, intensive outpatient behavioral health services, and offices for crisis prevention, outreach and community engagement teams.

Key Points: 
  • The facility, slated for completion in summer 2025, will include more than 70,000 square feet of space purpose-built for intensive behavioral health services, including a 16-bed evaluation and treatment unit (E&T), a 16-bed crisis triage center, intensive outpatient behavioral health services, and offices for crisis prevention, outreach and community engagement teams.
  • At the center, Compass Health anticipates serving nearly 1,300 clients through more than 35,000 points of care each year.
  • “Together, we’re building the future of behavioral health, and bringing a much-needed resource to the region.”
    Across Northwest Washington, behavioral health needs continue to grow.
  • “The benefits of this project extend far beyond the services that will be provided,” said Alex de Soto, Compass Health Board Chair.

Central Valley Community Bancorp and Community West Bancshares to Merge

Retrieved on: 
星期三, 十月 11, 2023

Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West) (NASDAQ: CWBC), parent company of Community West Bank (CWB), headquartered in Goleta, California, announced today the signing of an Agreement of Reorganization and Merger, dated October 10, 2023, pursuant to which the companies will combine in an all-stock merger transaction.

Key Points: 
  • Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West) (NASDAQ: CWBC), parent company of Community West Bank (CWB), headquartered in Goleta, California, announced today the signing of an Agreement of Reorganization and Merger, dated October 10, 2023, pursuant to which the companies will combine in an all-stock merger transaction.
  • Under the terms of the agreement, Community West Bancshares will merge with and into Central Valley Community Bancorp and Community West Bank will merge with and into Central Valley Community Bank.
  • Under the terms of the agreement, Community West Bancshares shareholders will be entitled to receive 0.79 shares of Central Valley Community Bancorp common stock for each share of Community West Bancshares common stock.
  • “Central Valley Community Bank has steadily and profitably grown for over 43 years, building a highly attractive franchise in California’s San Joaquin Valley and Greater Sacramento region,” said James J. Kim, President and CEO of Central Valley Community Bancorp and Central Valley Community Bank.

Amanda Connell Named First Northern Bank’s Senior Vice President/Operations Administrator

Retrieved on: 
星期一, 十月 2, 2023

Jeremiah Smith, First Northern Bank’s President and Chief Executive Officer, is pleased to announce that Amanda Connell has accepted the position of Senior Vice President/Operations Administrator.

Key Points: 
  • Jeremiah Smith, First Northern Bank’s President and Chief Executive Officer, is pleased to announce that Amanda Connell has accepted the position of Senior Vice President/Operations Administrator.
  • View the full release here: https://www.businesswire.com/news/home/20231002747766/en/
    Amanda Connell, Senior Vice President/Operations Administrator (Photo: Business Wire)
    Amanda joined First Northern Bank in 2022 as Vice President/Customer Experience Officer for the Information Services Department, where she managed the advancement of the Bank’s information technology in areas that improve internal and external customer experiences.
  • Prior to joining First Northern Bank, Amanda served as Senior Vice President, Director of Customer Relationships and Operations for River Valley Community Bank in Yuba City.
  • In her new role as Senior Vice President/Operations Administrator, Amanda will join the Bank’s Senior Management Team, and will have oversight of branch operations, operation administration, bank security, facilities, and purchasing.

Dime Community Bancshares Inc. Announces Retirement of Marcia Z. Hefter from Board of Directors

Retrieved on: 
星期四, 九月 28, 2023

HAUPPAUGE, N.Y., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that Marcia Z. Hefter is retiring from the Board of Directors, effective September 28, 2023.

Key Points: 
  • HAUPPAUGE, N.Y., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that Marcia Z. Hefter is retiring from the Board of Directors, effective September 28, 2023.
  • Ms. Hefter’s background as a lawyer and long-standing service as a director provided the Board of Directors with a unique perspective and counsel in its oversight of the Company.
  • Following the closing of the Company’s merger of equals transaction in 2021, Ms. Hefter was appointed Lead Director.
  • I leave the Board of Directors with the knowledge that the future of Dime is robust and in excellent hands.”

The Federal Home Loan Bank of Dallas and Members Award More Than $166K to 13 Mississippi Community Organizations

Retrieved on: 
星期四, 九月 28, 2023

Mississippi community-based organizations received $166,500 from the Federal Home Loan Bank of Dallas (FHLB Dallas) and seven member institutions.

Key Points: 
  • Mississippi community-based organizations received $166,500 from the Federal Home Loan Bank of Dallas (FHLB Dallas) and seven member institutions.
  • A total of $557,250 was awarded to community organizations through its annual Partnership Grant Program (PGP).
  • It’s extremely rewarding,” said William Lehr, executive vice president and chief investment officer at Community Bank of Mississippi, which received PGP grants for 13 community-based organizations.
  • For more information about the 2023 PGP grants and other FHLB Dallas community investment products and programs, please visit fhlb.com/pgp .

Cannabis Industry Leaders Launch ‘Cannabis OneClick’ to Connect Cannabis and Hemp Operators with Top-Rated Service Providers

Retrieved on: 
星期二, 九月 26, 2023

The services available on the Cannabis OneClick platform include banking, insurance, legal, compliance, payroll, delivery, cash logistics, point-of-sale, software development, and search engine optimization.

Key Points: 
  • The services available on the Cannabis OneClick platform include banking, insurance, legal, compliance, payroll, delivery, cash logistics, point-of-sale, software development, and search engine optimization.
  • All service providers listed in the marketplace have been brought on via invitation or through a highly vetted application process.
  • This guarantees a trusted network for operators, and peace of mind knowing they are sourcing the most proven and reputable vendors.
  • Not only does this help service providers connect with strong clients, it highlights their commitment to quality.

Biz2X Announces Partnership with TAB Bank

Retrieved on: 
星期二, 九月 26, 2023

NEW YORK and OGDEN, Utah, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Biz2X today announced a new partnership with TAB Bank , an Ogden, Utah-based digital bank that has provided financial solutions uniquely designed to serve the needs of underserved middle market commercial customers since 1998.

Key Points: 
  • NEW YORK and OGDEN, Utah, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Biz2X today announced a new partnership with TAB Bank , an Ogden, Utah-based digital bank that has provided financial solutions uniquely designed to serve the needs of underserved middle market commercial customers since 1998.
  • Recently named “ Best Community Bank in Utah ,” TAB Bank has served small and medium-sized businesses from a wide range of industries for a quarter of a century.
  • “Partnering with Biz2X enables us to streamline our small to medium business lending decision-making, expand lending options, and make it easy for SMBs to get the capital they require for growth,” said Rick Bozzelli, President and CEO of TAB Bank.
  • “We are proud and excited to work with TAB Bank to enhance their risk management and improve their business loan decision-making, while providing a better experience for customers.”

Navy Federal Credit Union Awarded Contract to Operate Department of Defense Overseas Military Banking Program

Retrieved on: 
星期一, 九月 25, 2023

Navy Federal Credit Union announced today that the Department of Defense (DoD) has awarded Navy Federal a contract to begin operating the Overseas Military Banking Program (OMBP), known as "Community Bank."

Key Points: 
  • Navy Federal Credit Union announced today that the Department of Defense (DoD) has awarded Navy Federal a contract to begin operating the Overseas Military Banking Program (OMBP), known as "Community Bank."
  • "We appreciate the trust the Department of Defense has placed in Navy Federal's ability to fulfill this mission."
  • Under the contract, Navy Federal will provide Program services by operating 60 banking facilities and 275 ATMs throughout Europe and the Pacific.
  • Per DoD requirements, the Program will be known overseas as "Community Bank, Operated by Navy Federal Credit Union."

Board Developer Announces New Chief Financial Officer Tom Dickason

Retrieved on: 
星期六, 九月 16, 2023

PHOENIX, Sept. 15, 2023 /PRNewswire/ -- Board Developer, a business providing enhancement and professional development services to for-profit and nonprofit organizations and leaders, is pleased to announce Tom Dickason as the organization's new chief financial officer.

Key Points: 
  • PHOENIX, Sept. 15, 2023 /PRNewswire/ -- Board Developer, a business providing enhancement and professional development services to for-profit and nonprofit organizations and leaders, is pleased to announce Tom Dickason as the organization's new chief financial officer.
  • Dickason brings to Board Developer a strong background in corporate finance, with specific expertise in commercial banking and asset-based lending as well as investment banking.
  • In his new role, Dickason will be responsible for guiding Board Developer clients through financial strategy and planning.
  • "Board Developer is thrilled to have Tom join the team," said Jim Hayden, Founder and CEO of Board Developer.

M&T Bank Appoints Phil Cohen as Maine Regional President

Retrieved on: 
星期四, 九月 14, 2023

BUFFALO, N.Y., Sept. 14, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) today announced its appointment of Phil Cohen as Regional President of Maine.

Key Points: 
  • BUFFALO, N.Y., Sept. 14, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) today announced its appointment of Phil Cohen as Regional President of Maine.
  • Cohen will continue to serve in his role as Commercial Senior Group Manager Commercial Real Estate New Hampshire/Maine.
  • "Phil's combination of deep banking experience and knowledge of Maine continues to be an asset to M&T, our partners, and our customers," said Mike Keegan, M&T Bank Senior Executive Vice President and Head of Community Banking.
  • "It's an amazing opportunity to serve as regional president," said Cohen.