February 21 – The annual RDC Summit, usually held each fall in Orlando, has given way to a new one-day format called RDC Forum. This year’s Forum is being held March 27 at the Hilton Garden Inn Downtown, Atlanta.
February 21 – Penn Community Bank is proud to introduce a new program to bring no-cost financial literacy programs and convenient banking services to local businesses and schools while supporting Bucks County nonprofit organizations.
February 14 – CIT Bank, N.A., (Member FDIC, Equal Housing Lender), and its Southern California retail bank division OneWest Bank, have provided a $100,000 grant to Junior Achievement (JA) of Southern California to support their mission to inspire and empower over 70,000 young people through financial literacy, workforce readiness and entrepreneurship education; all concepts that are reinforced through JA ‘s volunteer mentors, including employees from CIT, who lead students through JA Classroom programs, JA Job Shadow and JA Finance Park.
February 14 – Old Dominion National Bank has announced that it is expanding its branch network to drive organic growth in the Washington, D.C. metro area and better serve its current and prospective Charlottesville area. Today the bank opened two new full-service branch locations, which are located at 8601 Westwood Center Drive in Tysons Corner and 1100 East High Street in Charlottesville.
February 14 – As the national economy continues to grow, demand is on the rise for loans and financial services to support small business development. In response to this need, TD Bank, America’s Most Convenient Bank®, is significantly expanding its small business team with the addition of 50 to 75 small business specialists as an investment in the communities it serves and to work with more small businesses.
February 14 – The Federal Home Loan Bank of Dallas (FHLB Dallas) and member institution First Federal Bank of Louisiana (FFBLA) have awarded a $4,000 grant to Project Build a Future (PBAF), an affordable housing nonprofit. It marks the charity’s third grant for a total of $8,000 since 2014 through FHLB Dallas’ Partnership Grant Program (PGP). The recent grant will be used in the construction of six homes at V.E. Washington Street and Broad Street in Lake Charles.
February 9 – BSB Bancorp, Inc., the holding company for Belmont Savings Bank, a state-chartered savings bank headquartered in Belmont, Mass., today reported net income of $3.31 million or 37 cents per diluted share for the quarter ended Dec. 31, 2016, compared to net income of $2.07 million or 23 cents per diluted share for the quarter ended the previous year — for an increase in net income of 60 percent.
January 27 – TD Bank, America’s Most Convenient Bank, in partnership with Cardtronics, recently branded 189 ATMs in Walgreens locations across Florida, specifically the Miami and Tampa–St. Petersburg metro areas, increasing its ATM population in the state by 96 percent. This provides TD Bank customers with added convenience and fee-free access to their cash in more places.
January 27 – First Merchants Corporation, First Merchants Bank, a wholly-owned subsidiary of First Merchants Corporation, and The Arlington Bank have executed a definitive merger agreement whereby The Arlington Bank will merge with and into First Merchants Bank.