A survey by the Urban Institute found that 1.9 million seniors found themselves having to choose between buying food and buying medicine. The survey was conducted in 1993—a time when the economy was booming! Due to the current economic woes, it is more difficult than ever for seniors to make it on their own.
“More and [...]
Avant Capital Partners (AVANT), a leading New York City based commercial mortgage bank that specializes in multifamily financing, closed a bridge loan of $2,853,301 for the acquisition and renovation of a 304-unit apartment complex in Dallas, TX. The loan was based upon 70% loan-to-cost and included the acquisition and renovation costs, as well as an [...]
Daniel J. Doyle, President and Chief Executive Officer of Central Valley Community Bank (Bank), the sole subsidiary of Central Valley Community Bancorp announced the Bank will accept registered warrants issued by the State of California for a limited time.
Registered warrants will be accepted from existing customers beginning Thursday, July 2, 2009 through Friday, July 31, [...]
The board of directors of U.S. Bancorp has declared a quarterly dividend of $0.05 per common share, payable July 15, 2009, to shareholders of record at the close of business on June 30, 2009. At this quarterly dividend rate, the annual dividend is equivalent to $0.20 per common share.
In other actions, the board of directors [...]
Manulife Financial is launching an online Small Business Solutions centre to help advisors work more closely with small business by making it easy to identify and provide comprehensive business and personal financial solutions for their Canadian small business clients.
The site, which is exclusive to Manulife, provides advisors with one-stop access to products and information [...]
Britannia members overwhelmingly endorse plans to merge with The Co-operative Financial Services (CFS) to create new super-mutual.
New business will be the most diversified customer-owned enterprise in
UK financial services, providing ethical alternative to banks
– Strong strategic and cultural fit between the [...]
TIAA-CREF, the leading provider of retirement services in the academic, medical and cultural fields, announced today that it has more than doubled its Community Bank Deposit Investment Program to $49 million of FDIC insured deposits.
In 2007, TIAA-CREF’s Global Social and Community Investing Department first announced the Program placing its first $22 million in deposits with [...]
Instant issuance is a phenomenon many banks already embrace. It offers a flexible way of issuing cards and services to new and existing clients and offers increased service levels with a decrease of fraud and costs.
But good can always be better. We truly believe that instant issuing at localized branches could be improved in many [...]
Northern Trust announced it has been appointed to provide an insurance accounting and financial reporting outsourcing solution for ProMutual Group, a leading provider of medical liability insurance in the Northeast. ProMutual Group, with an investment portfolio of approximately $1.9 billion, is the first client to benefit from the full statutory accounting solution developed by [...]
TIAA-CREF, the leading provider of retirement services in the academic, medical and cultural fields, announced today that it has more than doubled its Community Bank Deposit Investment Program to $49 million of FDIC insured deposits.
In 2007, TIAA-CREF’s Global Social and Community Investing Department first announced the Program placing its first $22 million in deposits with [...]
