Banking

“Race to 153k” challenges nation to engage in volunteerism; hosts activities in 38 cities across 25 states New data shows a decline in volunteerism MINNEAPOLIS — May 2, 2016 — (BUSINESS WIRE) — U.S. Bank (NYSE: USB), the fifth-largest commercial bank in the United States, today announced the official launch of the Community Possible Relay, […]

New European Unit in Conjunction With Bank of America Merrill Lynch Will Provide Global Clients Simplified Cross-Border Merchant Services Monday, May 2, 2016 – “Bank of America Merchant Services’ largest clients have complex global payments needs, and our presence in Europe will enable them to work with a consistent platform and team to help simplify their experience” […]

ALEXANDRIA, Va. (May 2, 2016) – The National Credit Union Administration announced today that it will host a May 25 listening session to solicit input on ways it can enhance its Minority Depository Institutions Preservation Program. The listening session will be held at NCUA’s Central Office, 1775 Duke Street, Alexandria, Virginia, beginning at 2 p.m. […]

ALEXANDRIA, VA – MAY 2, 2016 – The Federal Financial Institutions Examination Council’s (FFIEC) State Liaison Committee (SLC) today announced the election of Karen Lawson as its Chairman. The SLC Chairman’s term is a one-year period that begins May 1 and runs until April 30 of the following year. The SLC can re-elect the chairman […]

ALEXANDRIA, VA – MAY 2, 2016 – The Federal Financial Institutions Examination Council (FFIEC) today announced the appointment of Edward “Joe” Face to the Council’s State Liaison Committee. Face’s SLC nomination was confirmed by the Council for a two-year term starting May 1, 2016, and continuing through April 30, 2018. Face has been the Commissioner […]

ALEXANDRIA, Va. (May 2, 2016) – President Barack Obama has appointed National Credit Union Administration Board Vice Chairman Rick Metsger to be the ninth Chairman of the NCUA Board. Metsger succeeds Board Chairman Debbie Matz, whose tenure ended April 30. “I deeply appreciate the trust President Obama has placed in me,” Metsger said, “and I […]

BOSTON – Citizens Bank announced today that Citizens Commercial Banking has provided Woburn-based Lytron, Inc. with a new $15 million Revolving Line of Credit and an $8.1 million Commercial Real Estate Mortgage. Lytron is an international supplier of liquid cooling and thermal management solutions to Original Equipment Manufacturers (OEMs). A Citizens client since 2011, Lytron […]

MINNEAPOLIS–(BUSINESS WIRE)–Apr. 27, 2016– During National Small Business Week, small business owners are invited to submit a video about what makes them special and enter for a chance to win the $50,000 grand prize from U.S. Bank and MasterCard®. “We want to hear from small business owners across the country about how they are building […]

WINSTON-SALEM, N.C., April 27, 2016 /PRNewswire/ — BB&T Corporation (NYSE: BBT) today announced that Chief Corporate Communications Officer and Senior Executive Vice President Cynthia A. Williams will retire effective June 30, 2016. Williams will complete a remarkable 30-year career as an audit, banking and communications professional. Named to the BB&T Executive Management team in 2012, […]

“Vince’s knowledge of the San Antonio market and leadership as market president will ensure we’re helping to make our customers and clients’ financial lives better, through the power of every connection we can make with them” SAN ANTONIO, TX – April 27, 2016 – Bank of America today announced that Vince Fertitta has been named […]