MINNEAPOLIS–(BUSINESS WIRE)–Sep. 20, 2016– Greg Cunningham has been promoted to vice president of global inclusion and diversity for U.S. Bank, expanding the bank’s efforts to promote diversity throughout its workforce, vendors, customers and community relationships. Cunningham joined U.S. Bank in September 2015 as vice president, customer engagement. In his new position, Cunningham will direct all […]
Accepts Accountability for Wrongful Sales Practices Washington, D.C., September 20, 2016 – In testimony today before the U.S. Senate Banking Committee on Banking, Housing, and Urban Affairs, Wells Fargo & Company (NYSE: WFC) Chairman and Chief Executive John Stumpf addressed the wrongful sales practices that have taken place in the company’s retail banking business, outlined the […]
Americans scored an overall 65 out of a possible 100, indicating a positive outlook on overall life satisfaction U.S. Bank Possibility Index is designed to help Americans have everyday conversations about important personal finance matters MINNEAPOLIS, September 19, 2016 –(BUSINESS WIRE)– U.S. Bank (NYSE: USB), the fifth-largest commercial bank in the United States, today announced […]
Funds will be used to finance campus-wide improvements MERION STATION, PA – September 19, 2016 – Citizens Bank announced today that Citizens Commercial Banking is providing $7 million in construction financing to Merion Mercy Academy to help finance campus-wide improvements, including a new Art and Design Center. Merion Mercy Academy is a private, Catholic all-girls […]
Funds will be used to finance acquisition of headquarters building EXTON, PA – September 19, 2016 – Citizens Bank announced today that Citizens Commercial Banking is providing $2.48 million to Brian’s House, Inc. to help finance the acquisition of its headquarters building. Brian’s House, Inc. is a not-for-profit organization headquartered in Exton that provides residential, […]
PHILADELPHIA, September 19, 2016 – Citizens Bank announced today that its Community Development Lending Group is providing $4.9 million in construction financing to 1822 Housing, LP, whose sponsor is the Gaudenzia Foundation, Inc., a non-profit providing supportive services for chemically dependent and mentally ill populations. The loan will provide financing for the construction of 24 […]
LANCASTER, PA – September 19, 2016 – Citizens Bank announced today that Citizens Commercial Banking has provided a new $15 million senior credit facility to Security Partners LLC, a Lancaster, PA-based provider of wholesale monitoring services and RMR resources for security alarm dealers. “We are pleased to have come to terms with Citizens Bank. From […]
Funds will be used by Mill Creek Residential for 21-story apartment tower ATLANTA, September 19, 2016 – Citizens Bank announced today that Citizens Commercial Banking has arranged an $87.4 million loan to Dallas-based Mill Creek Residential for the construction of a 21-story residential tower adjacent to The Shops at Buckhead Atlanta. Founded in 2011, Mill […]
HAGERSTOWN, MD September 19, 2016 – Citizens Bank announced today that Citizens Commercial Banking has provided a new $15 million senior credit facility to Dynamark Monitoring, Inc., a Hagerstown, MD-based provider of wholesale monitoring services to security alarm dealers and alarm services to retail and commercial customers. Dynamark will use the credit facility to refinance […]
New Operations Goals Strengthen the Company’s Ongoing Commitment to Reducing Impact on the Environment September 19, 2016 – Bank of America announces new environmental operations goals to be met by 2020, including plans to go carbon neutral. This announcement supports the bank’s continued efforts to reduce the environmental impacts of its operations. Bank of America will […]