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Tag Archives | Banking

Matrix Advises Land O’Sun Management on its Sale to Anabi/Rebel

RICHMOND, Va. and BALTIMORE, Md., June 13, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Land O’Sun Management Corporation d/b/a Fast Track on the sale of its petroleum marketing, convenience retail and quick-service restaurant businesses to Anabi Real Estate Development, LLC and its affiliates d/b/a Anabi/Rebel. Headquartered […]

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Matrix Leads Capital Raise for G&M Oil Company

RICHMOND, Va. and BALTIMORE, Md., May 15, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it served as lead advisor on G&M Oil Company’s (“G&M” or the “Company”) syndicated debt financing. Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment […]

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Monterra Credit Union elevates the member experience with the Empower LOS from Dark Matter Technologies

JACKSONVILLE, Fla., May 7, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that Monterra Credit Union (Monterra CU), a full-service financial institution serving members throughout San Mateo County, California, the City of Palo Alto and the San […]

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Patelco Credit Union selects the Empower LOS to streamline and bolster home loan and home-equity origination

JACKSONVILLE, Fla., April 18, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the implementation of the Empower® loan origination system (LOS) by Patelco Credit Union (Patelco), a Bay Area-based credit union dedicated to the financial wellness of […]

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Matrix Advises on the Sale of Andretti Petroleum Group to H&S Energy

RICHMOND, Va. and BALTIMORE, Md., March 20, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Andretti Petroleum Group (“Company”) on the sale of its convenience retail, fuels distribution, cardlock, fleet card, commercial fueling, car wash, lubricants and transportation businesses to H&S Energy, LLC […]

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iEmergent brings actionable mortgage market intelligence to credit unions as ACUMA affiliate member

DES MOINES, Iowa, March 7, 2024 (SEND2PRESS NEWSWIRE) — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Since its founding nearly a quarter century ago, iEmergent has worked with credit unions and […]

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Matrix Advises on the Sale of Hicks Oils’ Lubricants Business to Schaeffer Manufacturing Company

RICHMOND, Va. and BALTIMORE, Md., Feb. 8, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Hicks Oils & Hicksgas, Incorporated (“Hicks” or the “Company”) on the sale of its Hicks Oils lubricants business to Schaeffer Manufacturing Company (“Schaeffer”). Hicks Oils is a premier […]

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Matrix Advises on the Sale of Eastern Sierra Propane to Ferrellgas Partners, L.P.

RICHMOND, Va. and BALTIMORE, Md., Jan. 29, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Eastern Sierra Propane (“Eastern Sierra” or the “Company”) on its sale to Ferrellgas Partners, L.P. (OTC: FGPR) (“Ferrellgas”). The Company is one of the premier propane retailers in […]

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Matrix Advises on the Sale of Bobby Taylor Oil Company, Inc. & T&S Transport, Inc. to Parker Oil Company

RICHMOND, Va. and BALTIMORE, Md., Jan. 11, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful closing on the sale of Bobby Taylor Oil Company, Inc. and T&S Transport, Inc. (“BTOC” or the “Company”) to Parker Oil Company Incorporated. Based in Fayetteville, North Carolina, BTOC is […]

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Matrix Announces the Sale of Santmyer Companies, Inc.’s Convenience Retail and Branded Dealer Wholesale Businesses

RICHMOND, Va. and BALTIMORE, Md., Dec. 18, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Santmyer Companies, Inc. (“Santmyer” or the “Company”) on the sale of its Red Rover convenience retail stores to Par Mar Oil Company and its branded dealer wholesale business […]

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Matrix Announces the Successful Sale of Day Motor Sports, LLC

RICHMOND, Va. and BALTIMORE, Md., Nov. 14, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce the sale of Day Motor Sports, LLC (“Day Motor Sports” or the “Company”) to Chief Executive Officer Dan Hamilton and Chief Financial Officer Stacy Hamilton. Prior to the sale, […]

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Matrix Announces the Successful Sale of Coborn’s, Inc.’s Holiday Franchised Fuel and Convenience Stores

RICHMOND, Va. and BALTIMORE, Md., Nov. 10, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Coborn’s, Inc. (“Coborn’s” or the “Company”) on the sale of its 14 Holiday franchised fuel and convenience stores and one developmental site to Holiday Stationstores, LLC.

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Matrix Announces the Successful Sale of Springer Eubank Company, Inc.

RICHMOND, Va. and BALTIMORE, Md., Nov. 2, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Wilmington, NC-based Springer Eubank Company, Inc. and its affiliates (“Springer Eubank” or the “Company”) on the sale of the Company’s assets including the travel center & convenience & […]

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Affinity Plus Federal Credit Union Selects LenderLogix’s QuickQual to Improve Transparency and Responsiveness During Mortgage Borrowers’ Home Search

BUFFALO, N.Y., Sept. 21, 2023 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced that Minnesota-based Affinity Plus Federal Credit Union (Affinity Plus) has selected its pre-approval letter generation tool QuickQual to provide borrowers with a white-labeled, digitally-driven entry point […]

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Flanagan State Bank selects Dovenmuehle for its mortgage subservicing needs

LAKE ZURICH, Ill., Sept. 12, 2023 (SEND2PRESS NEWSWIRE) — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Flanagan State Bank, a community bank headquartered in central Illinois, has selected Dovenmuehle to subservice its mortgage loan portfolio and deliver enhanced service to the bank’s mortgage customers.

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Northwest Bank Collects Fees within Minutes with LenderLogix FeeChaser

BUFFALO, N.Y., Aug. 2, 2023 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced Northwest Bank has selected its payment processing platform Fee Chaser to ensure compliant collection of upfront fees and deliver borrowers a five-star digital experience.

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Matrix Announces the Successful Sale of Vital Plastics, Inc.

RICHMOND, Va. and BALTIMORE, Md., July 19, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce the sale of Vital Plastics, Inc. (“Vital Plastics” or the “Company”), a high-volume manufacturer and assembler of injection molded plastic products, to Wolverine Capital Partners (“Wolverine Capital”).

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Matrix Announces the Successful Sale of BeWell Network, LLC

RICHMOND, Va., BALTIMORE, Md., and NEW YORK, N.Y., July 17, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised BeWell Network, LLC (“BeWell” or the “Company”) on its successful sale to H.E.R. Management, LLC. BeWell is a residential and outpatient behavioral health provider focused […]

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Teresa Bryce Bazemore, of FHLBank San Francisco, Named FWSF Financial Woman of the Year 2023

SAN FRANCISCO, Calif. /California Newswire/ — Financial Women of San Francisco (FWSF) today named Teresa Bryce Bazemore as the FWSF 2023 Financial Woman of the Year. Ms. Bazemore is the President and CEO of the Federal Home Loan Bank of San Francisco, whose mission is to provide its members with reliable access to low-cost liquidity, […]

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Teresa Bryce Bazemore, Inspiring Leader of FHLBank San Francisco, Named FWSF Financial Woman of the Year 2023

SAN FRANCISCO, Calif., April 24, 2023 (SEND2PRESS NEWSWIRE) — Financial Women of San Francisco (FWSF) today named Teresa Bryce Bazemore as the FWSF 2023 Financial Woman of the Year. Ms. Bazemore is the President and CEO of the Federal Home Loan Bank of San Francisco, whose mission is to provide its members with reliable access […]

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Leonard Jones Joins Blaylock Van, Wall Street’s Oldest Continually Operating Black-Owned Firm, as Executive Director of Municipal Banking, Public Finance

NEW YORK CITY, N.Y., April 13, 2023 (SEND2PRESS NEWSWIRE) — Industry veteran Leonard Jones has been named Executive Director of Municipal Banking and Head of Public Finance for Blaylock Van, LLC, the nation’s longest-continuously operating Black-owned investment firm. In this role, he will lead the firm’s banking team and solutions for local and municipal government […]

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Nomis Solutions Featured in Tech Demo Super Session at Consumer Bankers Association Live Conference – CBA LIVE 2023

SAN FRANCISCO, Calif. /California Newswire/ — Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announces its sponsorship of the Consumer Bankers Association (CBA) annual conference, ‘LIVE.’ In addition to the sponsorship, Nomis will be one of 10 companies featured in CBA Live’s Tech Demo Super Session. The session explores innovations from […]

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Nomis Solutions Featured in Tech Demo Super Session at Consumer Bankers Association Live Conference in Las Vegas March 27-29

SAN FRANCISCO, Calif., March. 20, 2023 (SEND2PRESS NEWSWIRE) — Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announces its sponsorship of the Consumer Bankers Association (CBA) annual conference, ‘LIVE.’ In addition to the sponsorship, Nomis will be one of 10 companies featured in CBA Live’s Tech Demo Super Session. The session […]

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Barr Group Mortgage Closes First eNote Transaction through Click n’ Close’s non-delegated correspondent eNote program

ADDISON, Texas, Feb. 14, 2023 (SEND2PRESS NEWSWIRE) — Click n’ Close, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, announced that Alabama-based mortgage banker Barr Group Mortgage has completed the first eNote transaction through Click n’ Close’s non-delegated correspondent eNote program. Entities participating in the transaction include the […]

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Nomis Solutions Elevates Johnathan Bant to Head of Client Relations for Financial Services Market in Canada

TORONTO, Ontario and SAN FRANCISCO, Calif., Jan. 19, 2023 (SEND2PRESS NEWSWIRE) — Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announced industry veteran Johnathan Bant will serve as Head of Client Relations for Canada. In this role, Bant is responsible for leading Canadian engagements across Nomis’ client portfolio as well as […]

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Blaylock Van, LLC Shares its 2022 Year-End Report

NEW YORK CITY, N.Y., Jan. 17, 2023 (SEND2PRESS NEWSWIRE) — In its year-end report spanning financials, deals, and community investment, Blaylock Van, LLC, the nation’s longest continuously operating Black-owned investment banking firm, reported 23 percent growth in notional deal volume year-over-year, with 67 debt capital markets new issues representing nearly $186 billion notional. From 2018 […]

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Financial Center First Credit Union Selects ACES Quality Management & Control to Improve Consumer Loan Quality

DENVER, Colo., Sept. 7, 2022 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced that Financial Center First Credit Union (FCFCU) has selected ACES’ flagship audit platform ACES Quality Management & Control® Software to support quality control (QC) audits for FCFCU’s […]

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ACES Quality Management Executives selected to speak at Mortgage Bankers Association’s 2022 RMQA Conference

DENVER, Colo., Aug. 11, 2022 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced Executive Vice President of Compliance Amanda Phillips and Executive Vice President of Operations Sharon Reichhardt have been selected to speak at the upcoming Mortgage Bankers Association’s (MBA) […]

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Centier Bank Leverages DocMagic eVault Fintech to Accept and Manage eNotes

TORRANCE, Calif. /California Newswire/ — DocMagic, Inc., the premier provider of compliant loan document generation, automated regulatory compliance and comprehensive eMortgage services, announced that Indiana-based Centier Bank is now equipped to receive eNotes from their warehouse clients through DocMagic’s eVault solution. The move positions Centier to secure more business as mortgage bankers increasingly adopt eClosing […]

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Centier Bank Leverages DocMagic’s eVault Technology to Accept and Manage eNotes

TORRANCE, Calif., May 6, 2022 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of compliant loan document generation, automated regulatory compliance and comprehensive eMortgage services, announced that Indiana-based Centier Bank is now equipped to receive eNotes from their warehouse clients through DocMagic’s eVault solution. The move positions Centier to secure more business as mortgage bankers […]

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Logix Federal Credit Union selects Mortgage Coach to enhance its mortgage advisory service

IRVINE, Calif. /California Newswire/ — Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, announced today that Logix Federal Credit Union (Logix) has rolled out Mortgage Coach to enhance the mortgage advisory service it provides to members. Originally published on CaliforniaNewswire.com — […]

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Logix Federal Credit Union launches Mortgage Coach to enhance mortgage advisory service for members

IRVINE, Calif., April 27, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, announced today that Logix Federal Credit Union (Logix) has rolled out Mortgage Coach to enhance the mortgage advisory service it provides to members.

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National Bankers Association Endorses Promontory MortgagePath for Mortgage Fulfillment Services and POS Technology

DANBURY, Conn., Feb. 17, 2022 (SEND2PRESS NEWSWIRE) — Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC today announced the National Bankers Association (NBA) has endorsed its mortgage fulfillment services and proprietary point-of-sale technology, Borrower Wallet®.

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New Jersey Bankers Association endorses Promontory MortgagePath’s mortgage fulfillment services and POS technology

DANBURY, Conn., Feb. 11, 2022 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the New Jersey Bankers Association (NJBankers) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

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Mortgage Coach and NAMMBA expand partnership to grow diversity, equity and inclusion in housing finance

IRVINE, Calif. /California Newswire/ — Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, has expanded its relationship with the National Association of Minority Mortgage Bankers of America (NAMMBA). Originally published on CaliforniaNewswire.com — Mortgage Coach and NAMMBA expand partnership to grow […]

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Mortgage Coach expands partnership with NAMMBA to grow diversity, equity and inclusion in housing finance

IRVINE, Calif., Feb. 8, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, has expanded its relationship with the National Association of Minority Mortgage Bankers of America (NAMMBA).

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Wall Street’s Oldest Continually Expands Partnerships and Push to Increase Women Investment Leaders through Corporate DE&I Goals

NEW YORK CITY, N.Y., Jan. 6, 2022 (SEND2PRESS NEWSWIRE) — Thinkzilla Consulting Group announced today: As the nation’s longest continuously operating Black-owned investment firm, Blaylock Van, LLC recognizes and embodies the power of diverse, equitable and inclusive leadership. To further expand its commitment to DE&I and employee success, the firm aims to increase the number […]

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Lender Price and Blend Launch Integration to Enhance User Experience for Digital Lending Processes

PASADENA, Calif. /California Newswire/ — Lender Price and Blend have partnered to provide an enhanced digital experience for both financial services firms and consumers. The integration couples Blend with Lender Price’s FLEX Pricing product via APIs to provide custom pricing questions that will help match a consumer to the appropriate loan program and rate. Originally […]

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Lender Price and Blend Integrate to Enhance User Experience for Digital Lending Processes

PASADENA, Calif., Dec. 17, 2021 (SEND2PRESS NEWSWIRE) — Lender Price and Blend have partnered to provide an enhanced digital experience for both financial services firms and consumers. The integration couples Blend with Lender Price’s FLEX Pricing product via APIs to provide custom pricing questions that will help match a consumer to the appropriate loan program […]

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The Chelsea Groton Foundation Passes $5 Million in Giving Since Founding – Following Approval of $255K in Grants During Fall Giving Cycle

GROTON, Conn., Nov. 18, 2021 (SEND2PRESS NEWSWIRE) — This fall, the Chelsea Groton Foundation provided $255,827 to 45 non-profit organizations from Connecticut and Rhode Island. The Foundation has given over $500,000 in grants in 2021 alone, and over $5 million to the community since its founding.

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Fintech provider Promontory MortgagePath’s digital mortgage and fulfillment solutions receive renewed ABA endorsement

DANBURY, Conn., Nov. 4, 2021 (SEND2PRESS NEWSWIRE) — Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced the renewal of its product endorsement by the American Bankers Association (ABA). Promontory MortgagePath combines extensive mortgage operations and compliance expertise with industry-leading mortgage technology to provide efficient, cost-effective mortgage processing and fulfillment services to lenders […]

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Mortgage Coach & Sales Boomerang accelerate lead conversion with personalized Total Cost Analysis (TCA)

IRVINE, Calif. /California Newswire/ — Mortgage Coach, the borrower conversion platform empowering mortgage lenders to deliver clear mortgage advice and lending education with the interactive Total Cost Analysis (TCA) loan comparison, today announced an integration with Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system. Originally published on CaliforniaNewswire.com — Mortgage Coach […]

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Mortgage Coach and Sales Boomerang accelerate lead conversion with personalized Total Cost Analysis loan presentations for every managed borrower

IRVINE, Calif., Nov. 2, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Coach, the borrower conversion platform empowering mortgage lenders to deliver clear mortgage advice and lending education with the interactive Total Cost Analysis (TCA) loan comparison, today announced an integration with Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system.

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Infinity Financial Group Aids Kinley Construction Group with Major Stakeholder Buyout

DALLAS, Texas, Oct. 27, 2021 (SEND2PRESS NEWSWIRE) — Infinity Financial Group announced its recent role as financial advisor to Kinley Construction Group, LTD. (KCG) during a majority purchase of its existing stakeholders. Jimmy Kinley, the newly-elected CEO of KCG, is now the firm’s primary equity partner, along with his sister, Katherine Kinley and Rennie and […]

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NJ Lenders to roll out HomeBinder home management platform

BOSTON, Mass., Oct. 14, 2021 (SEND2PRESS NEWSWIRE) — HomeBinder, a centralized home management platform that keeps homeowners connected with mortgage lenders, Realtors and other authorized professionals, today announced that NJ Lenders has selected HomeBinder to deliver a post-closing home management experience that improves customer retention and strengthens referral partner relationships.

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Chelsea Groton Bank Named Top Workplace for 6th Straight Year – CEO Michael Rauh Recognized with Leadership Award

GROTON, Conn., Oct. 5, 2021 (SEND2PRESS NEWSWIRE) — Chelsea Groton Bank was recently named a Top Workplace in Connecticut for the sixth consecutive year, and Michael Rauh, the Bank’s President and CEO, was presented with this year’s Leadership award, both in the midsize employer category (150-499 employees).

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Chelsea Groton Bank, in Partnership with NCDC and GNACC, Offers Free Business Seminars for Local Entrepreneurs

GROTON, Conn., Sept. 17, 2021 (SEND2PRESS NEWSWIRE) — Chelsea Groton Bank kicks off their 5-week “Cultivating Great Business: Small Business Bootcamp” on October 5, 2021. The FREE small business series, designed for aspiring and established entrepreneurs, is offered through the Bank’s financial education program, Chelsea University, in partnership with the Norwich Community Development Corporation (NCDC) […]

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NAMMBA Announces Partnership with MCT

ORLANDO, Fla., July 14, 2021 (SEND2PRESS NEWSWIRE) — The National Association of Minority Mortgage Bankers of America (NAMMBA) announced today a partnership with San Diego based Mortgage Capital Trading (MCT®). The relationship is an important step in both company’s efforts to affect positive change – addressing the housing needs of underserved communities as well as […]

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Pete du Pont Freedom Foundation Receives $200,000 Grant from Barclays

WILMINGTON, Del., June 29, 2021 (SEND2PRESS NEWSWIRE) — The Pete du Pont Freedom Foundation has received an additional $200,000 from Barclays US Consumer Bank to support the statewide expansion of the Foundation’s Equitable Entrepreneurial Ecosystem (E3). As part of the grant, $50,000 will be allocated to fund a comprehensive research study on Black and Brown […]

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Chelsea Groton Bank Approves $244K in Grants During Spring Giving Cycle

GROTON, Conn., June 10, 2021 (SEND2PRESS NEWSWIRE) — This spring, the Chelsea Groton Foundation provided $244,319 to 67 non-profit organizations from Connecticut and Rhode Island. Over 60% of the Foundation’s approved funding went to organizations providing Health and Human Services, including critical needs such as healthcare, food, clothing and shelter.

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Promontory MortgagePath Adds Industrial Bank, Optus Bank as First MDIs, CDFIs in Its Minority-Owned Financial Institution Initiative

DANBURY, Conn., June 1, 2021 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced Industrial Bank and Optus Bank as the first participants in its initiative to support community development financial institutions (CDFIs) and minority depository institutions (MDIs).

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Atlantic Bay Mortgage Group Surpasses 10,000 Paperless eClosings with DocMagic Total eClose Solution

TORRANCE, Calif. /California Newswire/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Atlantic Bay Mortgage Group®, a national independent mortgage banker, has successfully processed more than 10,000 paperless eClosings. Originally published on CaliforniaNewswire.com — Atlantic Bay Mortgage Group Surpasses 10,000 Paperless eClosings with […]

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Atlantic Bay Mortgage Group® Surpasses 10,000 Paperless eClosings with DocMagic’s Total eClose™ Solution

TORRANCE, Calif., May 25, 2021 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Atlantic Bay Mortgage Group®, a national independent mortgage banker, has successfully processed more than 10,000 paperless eClosings.

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Chelsea Groton Bank Marks Year Defined by Pandemic As ‘Record’ In Every Way

GROTON, Conn., May 4, 2021 (SEND2PRESS NEWSWIRE) — Chelsea Groton Bank reported impressive financial, educational, technical and community-based accomplishments at its 166th Annual Meeting which was conducted over Zoom on Tuesday, April 27, 2021. President and CEO Michael Rauh presented the Bank’s 2020 results to Bank officers, Board members and Corporators.

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Oregon Bankers Association Subsidiary Endorses Promontory MortgagePath’s Mortgage Fulfillment Services, Digital Mortgage Platform

DANBURY, Conn., April 19, 2020 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced today Synergy by Association, Inc., a wholly-owned subsidiary of the Oregon Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

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Chelsea Groton Bank, in Partnership with NCDC and GNACC, Offers Free Online Business Seminars for Local Entrepreneurs

GROTON, Conn., April 1, 2021 (SEND2PRESS NEWSWIRE) — Chelsea Groton Bank kicks off their 8-week “CU Grow: Online Small Business Bootcamp” on April 1, 2021. The FREE small business series, designed for aspiring and established entrepreneurs, is offered through the Bank’s financial education program, Chelsea University, in partnership with the Norwich Community Development Corporation (NCDC) […]

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Chelsea Groton Bank and Foundation Together Gave Record $1 Million this Year

GROTON, Conn., Jan. 13, 2021 (SEND2PRESS NEWSWIRE) — This year, Chelsea Groton Bank and its Foundation provided more than $1 Million to non-profit organizations in our communities. The Foundation recently approved $405,820 in grants to 68 non-profit organizations from Connecticut and Rhode Island, which put the full year’s giving total above the $1 Million mark […]

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Community State Bank Implements Fully Paperless eClosing Process with DocMagic Total eClose

TORRANCE, Calif. /California Newswire/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Southeast Wisconsin-based Community State Bank has implemented its full suite of eClosing solutions to transform the bank’s mortgage closing process, making it 100 percent digital. Originally published on CaliforniaNewswire.com — Community State […]

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Community State Bank Implements Fully Paperless eClosing Process with DocMagic’s Total eClose™ Platform

TORRANCE, Calif., Nov. 23, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Southeast Wisconsin-based Community State Bank has implemented its full suite of eClosing solutions to transform the bank’s mortgage closing process, making it 100 percent digital.

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Arvest Bank to roll out SimpleNexus mobile-first mortgage platform

LEHI, Utah, July 28, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than 200 retail loan officers at Arvest Bank (Arvest) will soon begin offering borrowers and referral partners a more streamlined mortgage experience powered by SimpleNexus.

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Independent Bankers Association of Texas Announces Promontory MortgagePath as Its Newest Endorsed Service Provider

AUSTIN, Texas, July 27, 2020 (SEND2PRESS NEWSWIRE) — The Independent Bankers Association of Texas (IBAT) is pleased to announce that Promontory MortgagePath, LLC (PMP) has been selected as the newest IBAT Endorsed Service Provider for its ability to deliver a tailored, modern and cost-effective set of mortgage solutions.

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Centier Bank Slashes Man-Hours Spent Calculating Incentive Compensation by 99% with LBA Ware’s CompenSafe

MACON, Ga., June 16, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced that Centier Bank (Centier), Indiana’s largest private, family-owned bank, has implemented CompenSafe to automate incentive compensation for its residential lending department.

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Bank of Southern California, N.A. Funds More Than $487.8 Million in PPP Loans

SAN DIEGO, Calif. /California Newswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today that it has funded more than $487.8 million in Paycheck Protection Program (PPP) loans. These results, as of 9:30 p.m. PDT on May 7, 2020, provided 1,940 local businesses affected by […]

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Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., April 29, 2020 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held […]

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Bank of Southern California, N.A. and CalWest Bancorp Announce Changes to Merger Agreement

SAN DIEGO, Calif. /California Newswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020. Originally published on […]

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Alpine Bank Selects CompenSafe by LBA Ware for Efficient, Accurate and Scalable Compensation Plan Management

MACON, Ga., March 26, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, announced that full-service community bank Alpine Bank has implemented CompenSafe™ to automate incentive compensation for its mortgage loan originators and fulfillment staff.

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TCF Bank Renews Partnership with the Michigan Chronicle to Invest $100,000 in Detroit Students and Educators

DETROIT, Mich., Feb. 25, 2020 (SEND2PRESS NEWSWIRE) — TCF Bank announced today that it will renew its partnership with the Michigan Chronicle to provide scholarships to Detroit high school seniors through the Michigan Chronicle/TCF Bank S.W.A.G. (Students Wired for Achievement and Greatness) Scholarship Awards. For 2020, the bank will award scholarships between $5,000 and $20,000 […]

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GreenState Credit Union Drives First-Lien Mortgage Production with the Help of SimpleNexus

LEHI, Utah, Feb. 18, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that loan officers (LO) at GreenState Credit Union (GreenState) are using the SimpleNexus digital mortgage app to achieve record first mortgage production.

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Allegent FCU steps up to the Reese’s Peanut Butter Cup Challenge, Cranberry Twp., Pennsylvania

WEXFORD, Pa., Jan. 31, 2020 (SEND2PRESS NEWSWIRE) — Capturing the buzz of a current Hershey’s Reese’s Peanut Butter commercial spot – Allegent FCU actually sells Reese’s Peanut Butter Cups at a financial institution! The Hershey Company’s branded Reese’s spot teased the Federal Credit Union into accepting the challenge and partnering with Reese’s in fulfilling the […]

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Velocity Credit Union commits to downtown Austin with construction of its new branch

AUSTIN, Texas, Jan. 29, 2020 (SEND2PRESS NEWSWIRE) — Velocity Credit Union, a fixture of the Austin financial scene since 1947, has begun site preparation for its new branch office in downtown Austin. To be located on the southeast corner of 12th and Sabine Streets, the new facility is being built immediately across Sabine Street and […]

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Bank of Southern California N.A. Announces Fourth Quarter and Year End 2019 Results

SAN DIEGO, Calif., Jan. 29, 2020 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the fourth quarter ended December 31, 2019. Total assets ended the year at $830 million at December 31, 2019, an increase of 8.1% compared to December 2018. Total loans increased 6.6% to $677 million […]

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Bank of Southern California, NA (OTC:BCAL) Completes Capital Offering and Plans to Form Holding Company

SAN DIEGO, Calif. /California Newswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual investors at […]

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Bank of Southern California, N.A. Completes Capital Offering and Plans to Form Holding Company

SAN DIEGO, Calif., Dec. 16, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited […]

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Bank of Southern California, N.A. Names Troy Perry Managing Director, Business Banking in L.A. Area

SAN DIEGO, Calif. /California Newswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Troy Perry has joined the company as Managing Director of Business Banking. He will be responsible for broadening Bank of Southern California’s market presence by actively seeking new […]

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Bank of Southern California NA Names Troy Perry Managing Director, Business Banking

SAN DIEGO, Calif., Nov. 6, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Troy Perry has joined the company as Managing Director of Business Banking. He will be responsible for broadening Bank of Southern California’s market presence by […]

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Bank of Southern California, N.A. (BCAL) Announces Third Quarter 2019 Results

SAN DIEGO, Calif. /California Newswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the third quarter ended September 30, 2019. Total assets grew to $839 million at September 30, 2019, a 14% increase compared to the third quarter of 2018. Originally published on CaliforniaNewswire.com — Bank of Southern California, N.A. […]

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Bank of Southern California, N.A. (BCAL) and CalWest Bancorp to Merge

SAN DIEGO, Calif. /California Newswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby CalWest Bank will merge with and into Bank of Southern California. The merger is subject to customary closing conditions, including the […]

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Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Agreement to Merge

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., Oct. 21, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby CalWest Bank will merge with and into Bank of Southern California. The merger is […]

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Bank of Southern California (BCAL) Names Jacob Mathews Managing Director of Business Banking

SAN DIEGO, Calif. /California Newswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Jacob Mathews has joined the company as Managing Director of Business Banking. He will be responsible for expanding Bank of Southern California’s client base by actively seeking new […]

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Bank of Southern California NA Names Jacob Mathews Managing Director of Business Banking

SAN DIEGO, Calif., Oct. 16, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Jacob Mathews has joined the company as Managing Director of Business Banking. He will be responsible for expanding Bank of Southern California’s client base by […]

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Bank Execs Share the Next Generation Customer Experience at #NEXTDC19

EDMOND, Okla., Sept. 20, 2019 (SEND2PRESS NEWSWIRE) — NEXT Mortgage Events LLC, creator of NEXT women’s executive mortgage summit and Housing Finance Strategies, a Washington, D.C.-based advisory firm, have announced that executives from Roostify, Chase Home Lending and TD Bank, America’s Most Convenient Bank, will be featured speakers at #NEXTDC19, the women’s executive summit focused […]

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Bank of Southern California, NA Names Joel Ewan Senior Vice President, Credit Administration

SAN DIEGO, Calif. /California Newswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has announced the appointment of Joel Ewan as Senior Vice President, Credit Administration. In this newly created role, he will be responsible for managing, implementing, and evaluating credit policy initiatives as well as […]

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Bank of Southern California N.A. Names Joel Ewan Senior Vice President, Credit Administration

SAN DIEGO, Calif., Aug. 12, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has announced the appointment of Joel Ewan as Senior Vice President, Credit Administration. In this newly created role, he will be responsible for managing, implementing, and evaluating credit policy initiatives […]

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Justin Roscoe named AVP, Training Officer at Bank of Southern California, N.A.

SAN DIEGO, Calif. /California Newswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has named Justin Roscoe as Assistant Vice President, Training Officer. In this newly created role, he will lead all learning and development, and career pathing programs for the Bank. In addition, he will […]

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Bank of Southern California NA Announces Justin Roscoe as AVP, Training Officer

SAN DIEGO, Calif., Aug. 5, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has named Justin Roscoe as Assistant Vice President, Training Officer. In this newly created role, he will lead all learning and development, and career pathing programs for the Bank. In […]

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Level One Bank Enlists CompenSafe to Automate Incentive Compensation After Doubling Its Mortgage Division

MACON, Ga., July 16, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe to automate incentive compensation for mortgage loan originators and support staff across the community bank’s mortgage loan center and […]

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