Manufacturers Hanover Corporation

David Pruner Named Executive Director of The Texas Entrepreneurship Exchange for Energy Program Built by Greentown Labs, MIT

Retrieved on: 
Wednesday, January 17, 2024
Prairie View A&M University, Manufacturers Hanover Corporation, School, University of Houston, Environmental studies, University, Research, Wood Mackenzie, Bridgewater Associates, Partner, Texas A&M University, Pruning shears, Ecosystem, Tulane University, Growth, MIT, Rice University, Southern Methodist University, Psychology, Methodist University, Heidrick & Struggles, TEX, Niwot Ridge, Education, Management

HOUSTON, Jan. 17, 2024 /PRNewswire/ -- The Texas Entrepreneurship Exchange for Energy (TEX-E), a first-of-a-kind collaboration among Greentown Labs, MIT's Martin Trust Center for Entrepreneurship, and universities across Texas, today announced David Pruner as its first-ever Executive Director.

Key Points: 
  • HOUSTON, Jan. 17, 2024 /PRNewswire/ -- The Texas Entrepreneurship Exchange for Energy (TEX-E) , a first-of-a-kind collaboration among Greentown Labs, MIT's Martin Trust Center for Entrepreneurship , and universities across Texas, today announced David Pruner as its first-ever Executive Director.
  • Prior to TEX-E, Pruner was a Partner at Heidrick & Struggles placing executives and board members into energy companies.
  • "I am very excited about helping Houston and the state of Texas navigate the energy transition," said Pruner.
  • The TEX-E team is growing, and is actively recruiting for a Director of University Engagement based out of Greentown Labs Houston.

Hanover Bancorp Announces Joseph Burns as its New Executive Vice President, Chief Lending Officer

Retrieved on: 
Thursday, November 16, 2023
Manufacturers Hanover Corporation, Bank, Executive

MINEOLA, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Hanover Bancorp , (NASDAQ: HNVR) (the “Bank”) the bank holding company for Hanover Community Bank, today announced the appointment of Mr. Joseph Burns to the position of Executive Vice President, Chief Lending Officer, effective immediately.

Key Points: 
  • MINEOLA, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Hanover Bancorp , (NASDAQ: HNVR) (the “Bank”) the bank holding company for Hanover Community Bank, today announced the appointment of Mr. Joseph Burns to the position of Executive Vice President, Chief Lending Officer, effective immediately.
  • Among other responsibilities, Mr. Burns will work closely with executive management to define the Bank’s commercial banking goals and strategies, develop and launch new products and expand into new markets.
  • “Joe is a seasoned leader with proven expertise in strategic expansion, developing and managing production teams and generating results.
  • In the wake of ongoing industry consolidation and the absence of relationship banking at larger institutions, Hanover Bank is extremely well-positioned for expansion.

Limoneira Announces Change to Board of Directors

Retrieved on: 
Monday, December 18, 2023
Retail, Agriculture, Natural Resources, Food, Beverage, Diamond, Peter, College of Engineering (KNUST), Leonard Green & Partners, LGP, Investment, Cornell University, Manufacturers Hanover Corporation, Risk management, Marketing, Country, DLJ, Public Interest Declassification Board, Credit Suisse, Senior advisor, Retirement, Knowledge, Prudential Securities, Committee on Finance, Management

The Board of Directors of Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced the retirement of Elizabeth Blanchard Chess from the Company’s Board of Directors (the “Board”), effective January 1, 2024.

Key Points: 
  • The Board of Directors of Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced the retirement of Elizabeth Blanchard Chess from the Company’s Board of Directors (the “Board”), effective January 1, 2024.
  • Peter J. Nolan has been appointed to the Board, effective January 1, 2024, to fill the vacancy created by the retirement of Ms.
  • Following the appointment of Mr. Nolan, the Board will be comprised of seven directors, six of whom are independent.
  • Mr. Nolan currently serves on the Board of Directors of AerSale Holdings, Inc. Mr. Nolan serves as a trustee of the United States Olympic and Paralympic Foundation.

Hanover Bancorp, Inc. Reports Earnings for the Third Calendar Quarter and Fiscal Year 2023 and Declares $0.10 Quarterly Cash Dividend

Retrieved on: 
Thursday, October 26, 2023
Insurance, FDIC, Sale, Manufacturers Hanover Corporation, Bank, Depression, Government, Federal Reserve, Acquisition, USDA, LTV, Federal, Environment, C&I, Growth, FHLB, Traction, Total, Investment, SBA, Calendar, Reinsurance, Rare-earth element, Real estate, Security (finance), Holding company, Bookkeeping, Life insurance

MINEOLA, N.Y., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (“Hanover” or “the Company” – NASDAQ: HNVR), the holding company for Hanover Community Bank (“the Bank”), today reported results for the quarter and fiscal year ended September 30, 2023 and the payment of a $0.10 per share cash dividend on both common and Series A preferred shares payable on November 15, 2023 to stockholders of record on November 8, 2023.

Key Points: 
  • The Company’s Tangible Common Equity ratio was 7.81% at September 30, 2023, 7.77% at June 30, 2023, and 8.41% at September 30, 2022.
  • Quarterly Cash Dividend: The Company’s Board of Directors approved a $0.10 per share cash dividend on both common and Series A preferred shares payable on November 15, 2023 to stockholders of record on November 8, 2023.
  • The decline in net income recorded in the third calendar quarter of 2023 from the comparable 2022 quarter resulted from two primary factors.
  • The Bank’s net interest margin was 2.29% during the third calendar quarter of 2023 versus 4.04% in the comparable 2022 quarter.

Hanover Bank to Open Suffolk County, Long Island Location

Retrieved on: 
Monday, July 25, 2022
Small Business Administration, Community Bank, ATM, GLOBE, Federal Deposit Insurance Corporation, Rockefeller Center, Woman, Hauppauge, Solution, Metro New York, Bank, NASDAQ, Manufacturers Hanover Corporation, Organization, Director, Internet, Board of directors, Growth, Freehold, Flushing, Central Jersey

The Bank has also received all the necessary regulatory approvals to open a full-service, high-tech branch at this location.

Key Points: 
  • The Bank has also received all the necessary regulatory approvals to open a full-service, high-tech branch at this location.
  • Moving eastward on Long Island strategically supports the growth of Hanovers commercial, municipal, and retail banking verticals.
  • Logistically, this location allows us to further service the Long Island business community with commercial, municipal, and retail banking products.
  • About Hanover Community Bank and Hanover Bancorp, Inc.
    Hanover Bancorp, Inc. (NASDAQ: HNVR), is a bank holding company for Hanover Community Bank, a community commercial bank focusing on highly personalized and efficient services and products responsive to client needs.

Hanover Community Bank Joins Bakkt’s Early Adopter Cryptocurrency Program

Retrieved on: 
Tuesday, February 1, 2022
Ethereum, Bank, Manufacturers Hanover Corporation, Rockefeller Center, Federal Deposit Insurance Corporation, Technology, Adoption, LinkedIn, Woman, Board of directors, Metro New York, Hanover, GLOBE, COO, NYSE, Internet, Director, ATM, Cryptocurrency, Financial services, Flushing, Intercontinental Exchange

MINEOLA, N.Y. , Feb. 01, 2022 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, today announced that Hanover Community Bank (“Hanover Bank”) will join its early adopter program to connect to Bakkt’s cryptocurrency platform, which will offer Bank customers access to bitcoin and Ethereum through the Bank’s mobile banking app. Bakkt’s flexible platform lowers the barriers to entry, providing a secure, trusted and regulated solution that allows banks and other partners to entrust Bakkt with custody and transaction responsibilities.

Key Points: 
  • A key strategy at Hanover Bank is to be on the forefront of technology that speaks to superior client service, said Denise Chardavoyne, COO at Hanover Bank.
  • By joining Bakkts early adopter program, Hanover Bank is helping its clients reach their personal financial goals.
  • Hanover Bank joins a growing roster of community banks across the country that are participating in Bakkts program.
  • About Hanover Community Bank and Hanover Bancorp, Inc.
    Hanover Bancorp, Inc., is a locally owned and operated privately held stock bank holding company for Hanover Community Bank, a community commercial bank focusing on highly personalized and efficient services and products responsive to local needs.

Hanover Community Bank Joins Bakkt’s Early Adopter Cryptocurrency Program

Retrieved on: 
Tuesday, February 1, 2022
Banking, Online Retail, Technology, Professional Services, Security, Retail, Software, Networks, Internet, Mobile, Wireless, Finance, Ethereum, Bank, Manufacturers Hanover Corporation, Rockefeller Center, Federal Deposit Insurance Corporation, Technology, Adoption, LinkedIn, Woman, Board of directors, Metro New York, Hanover, COO, NYSE, Multimedia, Director, Internet, ATM, Cryptocurrency, Financial services, Flushing, Intercontinental Exchange

Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, today announced that Hanover Community Bank (Hanover Bank) will join its early adopter program to connect to Bakkts cryptocurrency platform, which will offer Bank customers access to bitcoin and Ethereum through the Banks mobile banking app.

Key Points: 
  • Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, today announced that Hanover Community Bank (Hanover Bank) will join its early adopter program to connect to Bakkts cryptocurrency platform, which will offer Bank customers access to bitcoin and Ethereum through the Banks mobile banking app.
  • By joining Bakkts early adopter program, Hanover Bank is helping its clients reach their personal financial goals.
  • Hanover Bank joins a growing roster of community banks across the country that are participating in Bakkts program.
  • About Hanover Community Bank and Hanover Bancorp, Inc.
    Hanover Bancorp, Inc., is a locally owned and operated privately held stock bank holding company for Hanover Community Bank, a community commercial bank focusing on highly personalized and efficient services and products responsive to local needs.

The RMR Group Appoints Andrew Fay Senior Vice President

Retrieved on: 
Thursday, September 9, 2021
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property

The RMR Group Inc. (Nasdaq: RMR) today announced the appointment of Andrew Fay as Senior Vice President.

Key Points: 
  • The RMR Group Inc. (Nasdaq: RMR) today announced the appointment of Andrew Fay as Senior Vice President.
  • This capital includes investments in, most notably, the $680 million joint venture RMR client Industrial Logistics Properties Trust (Nasdaq: ILPT) entered into for 12 mainland U.S. industrial assets .
  • Mr. Fay has more than 30 years of experience in financial services and expertise in both the institutional and private client marketplace.
  • The RMR Group Inc. (Nasdaq: RMR) is a holding company and substantially all of its business is conducted by its majority owned subsidiary, The RMR Group LLC, or RMR.

Don Apgar, Payments Industry Leader, Joins Mercator Advisory Group

Retrieved on: 
Friday, August 27, 2021
Industry, ATM, Citibank, First Data, Vancouver Island University, Manufacturers Hanover Corporation, Twitter, Merchant services, Leadership, Knowledge, Research, Government, GSA, Bank of America, TSYS, Optical disc image, Software as a service, Market-Based Management Institute, Mercator, Chase, Bank, News, Compliance, CEO, Long Island University, Private equity, BS, Technology, ISV, Financial services, Online shopping

BOSTON, Aug. 27, 2021 /PRNewswire-PRWeb/ -- Mercator Advisory Group, the leading independent research and advisory services firm exclusively focused on the payments industry, today announces the appointment of Donald Apgar to the firm's research leadership team as Director of its Merchant Services practice.

Key Points: 
  • BOSTON, Aug. 27, 2021 /PRNewswire-PRWeb/ -- Mercator Advisory Group, the leading independent research and advisory services firm exclusively focused on the payments industry, today announces the appointment of Donald Apgar to the firm's research leadership team as Director of its Merchant Services practice.
  • This breadth of deep experience gives Don a unique and impactful perspective in leading Mercator's merchant services practice," stated Robert Misasi, Mercator Advisory Group's President and CEO.
  • Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments and banking industries.
  • Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.

Hanover Bancorp Announces Completion of Acquisition of Savoy Bank

Retrieved on: 
Thursday, May 27, 2021
JPMorgan Chase, Manufacturers Hanover Corporation, Hanover, Ontario, Companies, Economy of New York City, New York City

MINEOLA, N.Y., May 27, 2021 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (Hanover) announced today that its previously announced acquisition of Savoy Bank (Savoy) of New York, NY was completed on May 26, 2021.

Key Points: 
  • MINEOLA, N.Y., May 27, 2021 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (Hanover) announced today that its previously announced acquisition of Savoy Bank (Savoy) of New York, NY was completed on May 26, 2021.
  • Savoys Rockefeller Center, New York main office has become a branch of Hanover Bank.
  • Michael Puorro, Chairman and CEO of Hanover stated: We are excited to have Savoy, its employees and customers join the Hanover family.
  • As part of the transaction Mr. Metin Negrin, Chairman of Savoy, and Ms. Elena Sisti, founder of Savoy, have joined the Boards of Hanover and Hanover Bank.