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bank Press Releases

Community Development Solomon Hess SBA Loan Fund Receives Highest Possible Credit Quality Rating From Moody's

Community Development Solomon Hess SBA Loan Fund Receives Highest Possible Credit Quality Rating From Moody's

​Solomon Hess Capital Management (“Solomon Hess”), announced today that its flagship CRA-eligible SBA Loan Fund received a Aaa-bf bond fund rating from Moody’s Investor Services.  This rating is based on Moody’s assessment of the creditworthiness of the portfolio and is…

Trinity Capital Corporation Successfully Completes Rights Offering

Trinity Capital Corporation Successfully Completes Rights Offering

Trinity Capital Corporation (the “Company”) (OTCQX: TRIN), parent company of Los Alamos National Bank (the “Bank”), today announced the successful completion of its previously announced combined rights offering to shareholders and supplemental community offering (collectively, the “Rights Offering”), in which…

TCC Announces Termination of Consent Order Against Los Alamos National Bank and Sets Expiration Date for Its Offering

Trinity Capital Corporation (“TCC”), the parent company of Los Alamos-based Los Alamos National Bank (“LANB” or the ”Bank”), today announced that the Office of the Comptroller of the Currency (the “OCC”) has terminated the consent order that the Bank has…

Cyber Risk Management Firm Sera-Brynn Expands Services for New York Financial Institutions

​Sera-Brynn, LLC, a cyber risk management firm, has expanded its services to bring new capabilities and innovation to the financial services market. Sera-Brynn's advisory service will help New York's financial sector become compliant with the New York State Department of…

Trinity Capital Corporation Commences Trading on OTCQX and Announces DTC Eligibility

Trinity Capital Corporation (OTCQX: TRIN), the parent company of Los Alamos-based Los Alamos National Bank (“LANB”), today announced that the Company's common stock will initiate trading on the OTCQX market, effective today, under its existing ticker symbol “TRIN.” "Our objective in…

Coastal Carolina Bancshares, Inc. Completes $16.5 Million Private Placement and Begins Stock Trading

​Coastal Carolina Bancshares, Inc. (OTC: CCNB) (“the Company”), parent company of Coastal Carolina National Bank (“the Bank”), announced today the closing of a private placement common stock offering which raised $16.5 Million in additional capital. “We are very pleased to…

Professional Bank Adds National Bank Executive Jon Gorney to Their Board

Professional Bank Adds National Bank Executive Jon Gorney to Their Board

Professional Bank, a South Florida bank with concierge-style service, announced the election of Jon Gorney of Cleveland, Ohio, to its Board of Directors. Mr. Gorney spent 37 years in the financial services industry starting with National City Bank, then its…

Global Private Group has announced the final closing of Global Energy Fund (GEF) with over USD2.7 billion of capital commitments.

Global Private Group has announced the final closing of Global Energy Fund (GEF) with over USD2.7 billion of capital commitments.

Global Private Group has announced the final closing of Global Energy Fund (GEF) with over USD2.7 billion of capital commitments. The Fund received tremendous support from a broad group of leading institutional investors across the Globe. Global Private Group acted…

Global Private Group has announced the final closing of Energy Fund IV (EF) with over USD2.4 Billion of capital commitments

Global Private Group has announced the final closing of Energy Fund IV (EF) with over USD2.4 Billion of capital commitments.  The Fund received tremendous support from a broad group of leading institutional investors across the Canada, Europe, and Asia. "Global…

Global Private Group has advised Biopharmaceutical Company on the raising of EUR 270 million through a placing of new shares

Global Private Group has advised Biopharmaceutical Companyon the raising of EUR 270 million through a placing of new shares. Global Private Group acted as reporting accountant on the fund raising, and sole arranger. The Biopharmaceutical Company is a life sciences…

Global Private Group has served as lead placement agent for Direct Client Credit Provider

Global Private Group has served as lead placement agent for Direct Client Credit Provider, which held a final close of approximately USD740 million. The Direct Client Credit Provider, part of the Global Private Group Portfolio Advisors direct investing platform, is…

Global Private Group has closed a USD300 million senior secured revolving credit facility

Global Private Group has closed a USD300 million senior secured revolving credit for Industrial Services Firm, a longtime client of Global Private Group. Global Private Group led the syndication as sole lead arranger, and Global Private Group is serving as…

Washington Federal Signs Long-term, 9,793 SF Lease at Scottsdale Spectrum

Washington Federal signed a 10-year, 9,793 SF lease at Scottsdale Spectrum, 6720 N. Scottsdale Rd., Scottsdale. Lease commencement is scheduled for Q3 2017.Lee & Associates Principals Adam Tolson and Jim Watkins represented the landlord, Globe Corporation, Scottsdale. Glenn Smigiel of…

Bank of Labor welcomes National Consumers League following NCL actions protesting Wells Fargo policy

The Bank of Labor issued the following statement regarding recent actions by the National Consumers League protesting Wells Fargo's policy on mandatory arbitration."As a labor majority owned and operated bank, we enthusiastically welcome the National Consumers League as a client.…

van Wagenen's Diminished Value Claim Processing Department Experiences Exponential Growth

van Wagenen's Diminished Value Claim Processing Department Experiences Exponential Growth

van Wagenen’s diminished value claim processing allows lenders to mitigate remarketing losses while increasing residuals when filing diminished value claims. Portfolio monitoring - including alerting customers of reported incidents, claims management and data analytics while maximizing recoveries make this product…

First Bancorp Of Indiana, Inc. Announces Quarterly Cash Dividend

The Board of Directors of First Bancorp of Indiana, Inc. (OTCBB:FBPI) has declared a quarterly cash dividend of $0.155 per share, payable to stockholders of record as of February 28, 2017.  The dividend will be paid on or about March…

Adda Bank launches enhances its Banking offerings

Adda Bank Netherlands continues to serve its Priority Banking customers in the Netherlands exclusively by reaffirming its commitment to focus on high net worth customers. Designed specifically for those who appreciate only the finest things in life, Priority Banking offers…

First Bancorp of Indiana, Inc. Announces Financial Results

First Bancorp of Indiana, Inc. (OTCBB:FBPI), the holding company for First Federal Savings Bank, reported earnings of $360,000 for the quarter ended December 31, 2016, compared to net income of $483,000 in the same quarter last year. The quarter-over-quarter change…

LoanStar Connects Local Businesses to Community Banks to Provide Point-of-Sale Consumer Loans

LoanStar Connects Local Businesses to Community Banks to Provide Point-of-Sale Consumer Loans

​​​​LoanStar Technologies is announcing the launch of its first bank partner, Community State Bank, in Starke, FL, on their MerchantLinQ platform. The platform utilizes the latest mobile technology to connect banks to consumers at the point of sale, thereby enabling…

Goldwater Bank to Expand Already Growing Mortgage Division in 2016

Goldwater Bank to Expand Already Growing Mortgage Division in 2016

Goldwater Bank, N.A. is excited to continue on its path of growth through the second quarter of 2016, marking a steady and continuing increase to the size of its mortgage division. Goldwater’s network of retail mortgage loan production branches continues…

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