Blake Paulson

Community Bank System, Inc. Announces Regulatory Approvals Received For Elmira Savings Bank Merger

Retrieved on: 
Friday, April 22, 2022
Banking, Professional Services, Finance, Family, Federal Reserve Bank, Community Bank, N.A., Nasdaq, Mergers and acquisitions, New York State Department of Financial Services, New, Legislation, Private Securities Litigation Reform Act, Federal Reserve, Currency, Indian Administrative Service, Comptroller, Blake Paulson, Community Bank, Federal Reserve Bank of New York, Insurance, Company, Financial services, NYSE, Finger Lakes, CBU, Federal, Upstate New York, Bank, Central New York, Southern Tier

Community Bank System, Inc. (NYSE: CBU) (the Company) announced that it has received regulatory approvals from the Office of the Comptroller of the Currency and a waiver from filing an application with the Federal Reserve Bank of New York for the proposed merger of Elmira Savings Bank with and into Community Bank, N.A., the Companys wholly-owned banking subsidiary (the Merger).

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the Company) announced that it has received regulatory approvals from the Office of the Comptroller of the Currency and a waiver from filing an application with the Federal Reserve Bank of New York for the proposed merger of Elmira Savings Bank with and into Community Bank, N.A., the Companys wholly-owned banking subsidiary (the Merger).
  • We are dedicated to Elmira Savings Banks customers and both teams are working to make the transition to Community Bank as seamless as possible.
  • entered into a definitive agreement with Elmira Savings Bank, pursuant to which Community Bank, N.A.
  • Community Bank System, Inc. operates more than 215 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts through its banking subsidiary, Community Bank, N.A.

Survey Says: Exceptional outcomes for Bryant University Class of 2021

Retrieved on: 
Wednesday, April 20, 2022
University of Edinburgh, University of Southern California, Basketball, STEM, PricewaterhouseCoopers, London School of Economics, Georgetown, 2021 Northeast Conference Men's Basketball Tournament, Aetna, Fidelity Investments, Villanova, Amica, Notre Dame, Life, CEW, Bloomberg Businessweek, News, Education, Comptroller, Columbia University, Target, The Wall Street Journal, Duke University, Blake Paulson, Bryant University, Traveler, Dell Technologies, Student, CVS Health, King's College, Deloitte, Curriculum, University, EY, Multimedia, Character, School, View, Wake Forest University, NCAA D1, Medicine, Management, New York University, Economics, Citizenship, Amazon

SMITHFIELD, R.I., April 20, 2022 /PRNewswire/ -- The value of a Bryant University diploma has never been greater, according to results released this week from a comprehensive survey of Bryant Class of 2021 graduates.

Key Points: 
  • SMITHFIELD, R.I., April 20, 2022 /PRNewswire/ -- The value of a Bryant University diploma has never been greater, according to results released this week from a comprehensive survey of Bryant Class of 2021 graduates.
  • Not only are the data strong, but student sentiment is also exceptionally positive for the Class of 2021, which completed its final three semesters during the pandemic.
  • Nearly 25% of Bryant Class of 2021 graduates reported dual pursuits (8% both employed and enrolled in graduate school) or full-time enrollment (16%).
  • From Bryant, they are continuing their studies at prestigious institutions including Columbia University; Duke University; New York University; Wake Forest University; the University of Cambridge, King's College; London School of Economics and Political Science, and The University of Edinburgh.

“Artificial Intelligence & the Economy: Charting a Path for Responsible and Inclusive AI” U.S. Department of Commerce, National Institute of Standards and Technology, Stanford Institute for Human-Centered AI and FinRegLab Symposium on April 27, 2022

Retrieved on: 
Tuesday, April 19, 2022
Technology, Mobile, Wireless, Public Policy, Government, University, Other Technology, Software, Education, Networks, Internet, White House, Federal Government, Hardware, State, Local, Data Management, Security, Symposium (Plato), Technology, Government, Stanford University, Commerce, Daniel E. Ho, Bias, Stanford Graduate School of Education, Associate, National Institute of Standards and Technology, Comptroller, Goal, Symposium, Artificial intelligence, Blake Paulson, Law, AI, National Institute, U.S. Department of Commerce Office of Security, Industry, Stanford Graduate School of Business, Business, Medical device, Management, Currency

Stanford Institute for Human-Centered Artificial Intelligence:

Key Points: 
  • Stanford Institute for Human-Centered Artificial Intelligence:
    Presented by the U.S. Department of Commerce, National Institute of Standards and Technology, Stanford Institute for Human-Centered Artificial Intelligence (HAI) and FinRegLab, the Symposium will feature a group of presenters and panelists working to develop policies and frameworks to evaluate and assess the goals of improving the trustworthiness, inclusiveness, and equity of artificial intelligence (AI) deployment.
  • The Symposium is designed to address how AI relates to ensuring inclusive economic growth, supporting diversity and financial inclusion, and mitigating risks such as bias and unfairness.
  • Leaders in government, industry, civil society organizations, and academia will explore potential opportunities and challenges posed by AI deployment across different economic sectors, with a particular focus on financial services and health data.
  • For more information on the Symposium, please visit the event page here .

Columbia Financial, Inc. Receives Regulatory Approvals for Acquisition of RSI Bank

Retrieved on: 
Monday, April 18, 2022
Board, MHC, U.S. Securities and Exchange Commission, COVID-19, Security (finance), Legislation, Insurance, Annual report, New Jersey Department of Banking and Insurance, Currency, Private Securities Litigation Reform Act, GLOBE, Comptroller, FAIR, Blake Paulson, Nasdaq, Company, District of Columbia Financial Control Board, Environment, Federal Reserve Board of Governors, Federal Reserve, Structure of the Federal Reserve System, Income, Acquisition, RSI, Freehold

FAIR LAWN, N.J., April 18, 2022 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the Company) and Columbia Bank (collectively, Columbia) today announced that Columbia and RSI Bancorp M.H.C., RSI Bancorp, Inc. and RSI Bank (collectively, RSI) have received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the New Jersey Department of Banking and Insurance necessary to complete Columbias acquisition of RSI.

Key Points: 
  • FAIR LAWN, N.J., April 18, 2022 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the Company) and Columbia Bank (collectively, Columbia) today announced that Columbia and RSI Bancorp M.H.C., RSI Bancorp, Inc. and RSI Bank (collectively, RSI) have received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the New Jersey Department of Banking and Insurance necessary to complete Columbias acquisition of RSI.
  • Columbia Financial, Inc. is a Delaware corporation organized as the mid-tier stock holding company of Columbia Bank and Freehold Bank.
  • Columbia Bank is a federally chartered savings bank headquartered in Fair Lawn, New Jersey that operates 62 full-service banking offices.
  • Freehold Bank is a federally chartered savings bank headquartered in Freehold, New Jersey that operates two full-service banking offices.

While Inflation Rises, SoFi Helps Members Put More Cash Back in Their Pockets with 3% Credit Card Cash Back

Retrieved on: 
Monday, April 18, 2022
Professional Services, Technology, Mobile, Wireless, Finance, Software, Banking, Crypto, U.S. Securities and Exchange Commission, ATM, Security (finance), NASDAQ, Android, Technology, 2021 Los Angeles Chargers season, Asset, Forward-looking statement, ETF, IOS, 2021 Los Angeles Rams season, APY, Reward, Compliance, SoFi Stadium, Comptroller, Blake Paulson, PayPal, CEO, Mergers and acquisitions, LLC, Press release, FDIC, Program, Direct deposit, Time, SoFi, ACH, Currency, Participation, Allpoint, Bank, Cryptocurrency, Life insurance, Wealth, FINRA, Venmo

The SoFi Credit Card, launched in 2021, helps incentivize healthy financial habits with a unique rewards structure to allow people to reach their financial goals.

Key Points: 
  • The SoFi Credit Card, launched in 2021, helps incentivize healthy financial habits with a unique rewards structure to allow people to reach their financial goals.
  • New direct deposit members will earn up to 3% cashback on SoFi Credit Card purchases if they maintain a qualifying direct deposit every month.
  • The 3% rate will be applicable on up to 36,000 points or the equivalent of $12,000 spent on the SoFi Credit Card for one year.
  • 36,000 rewards points are worth $360 when redeemed into SoFi Checking and Savings, SoFi Money, SoFi Invest, Crypto, SoFi Personal Loan, SoFi Private Student Loan or Student Loan Refinance and are worth $180 when redeemed as a SoFi Credit Card statement credit.

Centre Expands Team with New Executive Appointments

Retrieved on: 
Tuesday, April 12, 2022
Finance, Data Management, Professional Services, Technology, Software, Linda, Stellar, USD Coin, Capital One, ConsenSys, USDC, CEO, Technology, Government, Adoption, LLC, U.S. Securities and Exchange Commission, Security (finance), Polygon, Financial Stability Board, Ledger, United States Department of the Treasury, Federal Reserve, Information technology, Currency, FTX, Georgetown University, Comptroller, Decentralized finance, Program, Finance, International economic law, Blake Paulson, United States Senate, Northrop Grumman, Harold, Georgetown University Law Center, Business, Financial technology, Spruce, Diem (digital currency), Special counsel, Industry, DXC Technology, Federal, Senior, Knowledge, Blockchain, Duke University School of Law, Head, Circle (company), Management, Cryptocurrency, Coinbase, Policy, Verite, Circle

Centre the consortium founded by Circle Internet Financial, LLC and Coinbase Global, Inc. to serve as a network governing and standard setting body for blockchain-based financial services has announced new appointments to its growing team.

Key Points: 
  • Centre the consortium founded by Circle Internet Financial, LLC and Coinbase Global, Inc. to serve as a network governing and standard setting body for blockchain-based financial services has announced new appointments to its growing team.
  • Financial regulation veteran, Linda Jeng, will join Centre as Chief Policy and Regulatory Officer, while enterprise operations expert Danielle Harold will serve as Chief Operations Officer.
  • I am thrilled to welcome executives of this caliber to our team, said David Puth, CEO of Centre.
  • Jeng and Harold join Centre just weeks after the consortium launched Verite, a decentralized identity solution for crypto finance.

The Best Just Got Better: SoFi Announces 1.25% APY for Direct Deposit Members

Retrieved on: 
Tuesday, April 5, 2022
Professional Services, Technology, Finance, Software, Banking, Internet, Participation, NASDAQ, Investment, Currency, APY, ACH, Forward-looking statement, Press release, Compliance, Environment, Blake Paulson, PayPal, IOS, CEO, U.S. Securities and Exchange Commission, Direct deposit, 2021 Los Angeles Chargers season, Mergers and acquisitions, Comptroller, Android, 2021 Los Angeles Rams season, Time, Allpoint, Program, ATM, SoFi, SoFi Stadium, FDIC, Security (finance), Bank, Cryptocurrency, Life insurance, Wealth, Venmo

SoFi Technologies, Inc. (NASDAQ: SOFI) (SoFi), the digital personal finance company, today announced SoFi Checking & Savings will now offer an industry-leading 1.25% annual percentage yield (APY) for all members who have direct deposit, an increase from the previous already best-in-class 1.00% APY offered.

Key Points: 
  • SoFi Technologies, Inc. (NASDAQ: SOFI) (SoFi), the digital personal finance company, today announced SoFi Checking & Savings will now offer an industry-leading 1.25% annual percentage yield (APY) for all members who have direct deposit, an increase from the previous already best-in-class 1.00% APY offered.
  • SoFi will offer 0.70% APY for those looking for a high yield opportunity without direct deposit.
  • To help members get started earning, SoFi will also be offering a welcome bonus of up to $300 when new members sign up with a direct deposit or existing members set up a direct deposit to their SoFi Checking & Savings account.
  • SoFi Checking & Savings launched in February 2022 to help make it easier than ever for members to manage their money.

Hunton Andrews Kurth Welcomes Financial Services Attorneys Josh McNulty and Rachael Craven to Dallas

Retrieved on: 
Tuesday, April 5, 2022
Apple Inc., Hunton Andrews Kurth, LLP, McNulty, University of Mississippi School of Law, Investment, Blockchain, Compliance, University, Consumer, Loyola University Chicago School of Law, Lawyer, Federal Reserve, Blake Paulson, University of Mississippi School of Engineering, Comptroller, Industry, Technology, Acquisition, Federal Deposit Insurance Corporation, Bracewell, GLOBE, Consumer Financial Protection Bureau, Texas Department of Agriculture, Commerce, Currency, Federal, Financial adviser, Bank, Medicine, Cryptocurrency, Apple, Payment, Wallet

Dallas, April 05, 2022 (GLOBE NEWSWIRE) -- Experienced banking and financial services attorneys Josh McNulty and Rachael Craven have joined Hunton Andrews Kurth LLP in Dallas, where they will advise clients on an array of corporate, regulatory, product development, technology and fintech matters.

Key Points: 
  • Dallas, April 05, 2022 (GLOBE NEWSWIRE) -- Experienced banking and financial services attorneys Josh McNulty and Rachael Craven have joined Hunton Andrews Kurth LLP in Dallas, where they will advise clients on an array of corporate, regulatory, product development, technology and fintech matters.
  • Hunton Andrews Kurth is committed to maintaining a leading national practice serving our clients in the financial services regulatory, operations, technology and fintech sectors, added FICR co-chair Peter Weinstock .
  • Prior to joining Hunton Andrews Kurth, McNulty was a leader in Bracewells financial institutions group.
  • Notably, Craven was part of the Hunton Andrews Kurth team that represented Jefferies Funding LLC in a first-of-its-kind financing transaction involving collateral originated on blockchain.

Citizens Financial Group and Investors Bancorp Announce Transaction Close Date for Merger

Retrieved on: 
Monday, April 4, 2022
Banking, Professional Services, Finance, Private Securities Litigation Reform Act, Risk, Federal Reserve, LinkedIn, NASDAQ, Investor, Currency, Commercial bank, Growth, Board, NYSE, Consumer, SEC, Citizens Financial Group, Blake Paulson, Retail banking, U.S. Securities and Exchange Commission, Federal Reserve Board of Governors, ISBC, Communication, Bloomberg L.P. v. Board of Governors of the Federal Reserve System, District, ATM, Comptroller, Twitter, Structure of the Federal Reserve System, Investors Bank, Small business, COVID-19, Solution, HSBC, Efficiency, Acquisition, Security (finance), Bank, Citizenship, Facebook

Citizens Financial Group, Inc. (NYSE: CFG) (Citizens") and Investors Bancorp, Inc. (NASDAQ: ISBC) (Investors) today announce that the expected close date of the previously announced merger between the two companies is April 6, 2022, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) (Citizens") and Investors Bancorp, Inc. (NASDAQ: ISBC) (Investors) today announce that the expected close date of the previously announced merger between the two companies is April 6, 2022, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement.
  • Citizens and Investors previously announced that regulatory approval for this merger was received from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency.
  • Citizens Financial Group, Inc. is one of the nations oldest and largest financial institutions, with $188.4 billion in assets as of December 31, 2021.
  • These forward-looking statements are based on Citizens and Investors current expectations and assumptions regarding Citizens and Investors businesses, the economy, and other future conditions.

Citizens Financial Group and Investors Bancorp Receive Regulatory Approval for Citizens Acquisition of Investors

Retrieved on: 
Thursday, March 24, 2022
Banking, Professional Services, Finance, Private Securities Litigation Reform Act, Risk, Federal Reserve, LinkedIn, NASDAQ, Investor, Currency, Commercial bank, Growth, Board, NYSE, Consumer, SEC, Citizens Financial Group, Blake Paulson, Retail banking, U.S. Securities and Exchange Commission, Federal Reserve Board of Governors, ISBC, App Store (iOS/iPadOS), Bloomberg L.P. v. Board of Governors of the Federal Reserve System, Communication, ATM, District, Comptroller, Twitter, Investors Bank, Structure of the Federal Reserve System, Small business, COVID-19, Solution, HSBC, Integration, Efficiency, Acquisition, Security (finance), Bank, Financial services, Citizenship, Facebook

Citizens Financial Group, Inc. (NYSE: CFG) (Citizens") and Investors Bancorp, Inc. (NASDAQ: ISBC) (Investors) today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of Investors.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) (Citizens") and Investors Bancorp, Inc. (NASDAQ: ISBC) (Investors) today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of Investors.
  • Until conversion, customers will continue to be served through their respective Citizens and Investors branches, websites and mobile applications.
  • We are pleased to have received regulatory approval to complete the acquisition of Investors, which closely follows the acquisition of HSBCs East Coast branches.
  • These forward-looking statements are based on Citizens and Investors current expectations and assumptions regarding Citizens and Investors businesses, the economy, and other future conditions.