SCB

SmartBank Announces Gulf Coast Wealth Management Expansion

Retrieved on: 
Tuesday, November 16, 2021

KNOXVILLE, Tenn., Nov. 16, 2021 (GLOBE NEWSWIRE) -- SmartBank, a subsidiary of SmartFinancial, Inc. ("SmartFinancial or the "Company"; NASDAQ: SMBK), announced the hiring of a six-person wealth management team to be based out of Mobile, Alabama.

Key Points: 
  • KNOXVILLE, Tenn., Nov. 16, 2021 (GLOBE NEWSWIRE) -- SmartBank, a subsidiary of SmartFinancial, Inc. ("SmartFinancial or the "Company"; NASDAQ: SMBK), announced the hiring of a six-person wealth management team to be based out of Mobile, Alabama.
  • Thomas Montz, together with Amanda Montz and Nathan Novotny will lead the new team and support the continued growth of SmartBank Investment Services (SBIS).
  • The office will also house members of SmartBanks corporate banking team, including Gulf Coast Regional President Nate Sommer and Mobile Market President Steve Rockwell.
  • SmartBank Investment Services has enjoyed strong organic growth over the last few years.

Pepperstone Group is pleased to announce the appointment of David Shafer to serve as a board advisor

Retrieved on: 
Friday, October 29, 2021

Prior to joining Kogan.com, David was a Senior Associate lawyer at Arnold Bloch Leibler.

Key Points: 
  • Prior to joining Kogan.com, David was a Senior Associate lawyer at Arnold Bloch Leibler.
  • David holds a Bachelor of Law (Honours) and a Bachelor of Commerce from The University of Melbourne.
  • "We are pleased to formally welcome David to Pepperstone.
  • I have known David for a number of years and he is a highly intelligent and capable business leader.

Pepperstone Group is pleased to announce the appointment of David Shafer to serve as a board advisor

Retrieved on: 
Friday, October 29, 2021

Prior to joining Kogan.com, David was a Senior Associate lawyer at Arnold Bloch Leibler.

Key Points: 
  • Prior to joining Kogan.com, David was a Senior Associate lawyer at Arnold Bloch Leibler.
  • David holds a Bachelor of Law (Honours) and a Bachelor of Commerce from The University of Melbourne.
  • "We are pleased to formally welcome David to Pepperstone.
  • I have known David for a number of years and he is a highly intelligent and capable business leader.

Greystar Breaks Ground on First Chicago Development

Retrieved on: 
Monday, October 18, 2021

CHICAGO, Oct. 18, 2021 /PRNewswire/ -- Greystar, a global leader in the investment, development, and management of high-quality rental housing properties, today announced that it is breaking ground on its first high-rise development project in downtown Chicago at 166 N. Aberdeen St.

Key Points: 
  • CHICAGO, Oct. 18, 2021 /PRNewswire/ -- Greystar, a global leader in the investment, development, and management of high-quality rental housing properties, today announced that it is breaking ground on its first high-rise development project in downtown Chicago at 166 N. Aberdeen St.
  • "We're excited to break ground on Greystar's first development in Chicago," Yale Dieckmann, Managing Director of Development, said.
  • "To have Greystar, the largest apartment developer in the nation, building their first development in downtown Chicago shows that Greystar is long on the city's future and long on urban development."
  • A signature outdoor lounge on the 14th floor faces downtown Chicago and delivers spectacular views of the famous Chicago skyline.

SmartBank Expands in Tallahassee – Announces Expansion into Floor Plan Lending

Retrieved on: 
Thursday, September 30, 2021

Davis brings over 15 years experience in the commercial lending space and will be joined by Ryan Poole.

Key Points: 
  • Davis brings over 15 years experience in the commercial lending space and will be joined by Ryan Poole.
  • We are thrilled to enhance our Tallahassee office with two seasoned commercial banking professionals, said Billy Carroll, SmartBanks President & CEO.
  • This, coupled with our existing leadership in the Tallahassee market, provides us the muscle we need to build a solid foothold and further push our Panhandle expansion.
  • Additionally, the Company announced the hiring of David Smith, former BBVA Vice President Dealer Commercial Services, to create a new floor plan lending line of business.

SmartBank Announces Sale of Richmond Assets to Virginia-based First Bank

Retrieved on: 
Thursday, September 30, 2021

The terms of the Purchase and Assumption Agreement provide for First Bank to acquire approximately $83 million in loans and, substantially all fixed assets related to the Banks Richmond branch, and First Bank will also assume the facility lease.

Key Points: 
  • The terms of the Purchase and Assumption Agreement provide for First Bank to acquire approximately $83 million in loans and, substantially all fixed assets related to the Banks Richmond branch, and First Bank will also assume the facility lease.
  • The Bank will receive a premium based on a specific percentage of the loans sold, and fixed assets will be acquired at book value.
  • Additionally, the SmartBank employees in the Richmond branch will transition to become employees of First Bank.
  • Founded in 2007, SmartBank is a full-service commercial bank, with branches across Tennessee, Alabama and the Florida Panhandle.

Metrika Closes $14M Series A Funding Round to Ensure Blockchain Network Reliability Through Advanced Tools and Monitoring

Retrieved on: 
Tuesday, September 21, 2021

CAMBRIDGE, Mass., Sept. 21, 2021 /PRNewswire/ -- Metrika , the industry's leading operational intelligence source for blockchain, today announced a $14M Series A funding round led by Neotribe Ventures.

Key Points: 
  • CAMBRIDGE, Mass., Sept. 21, 2021 /PRNewswire/ -- Metrika , the industry's leading operational intelligence source for blockchain, today announced a $14M Series A funding round led by Neotribe Ventures.
  • This latest round brings a total of $17.7M in funding to Metrika, including its previous $3.7M seed round.
  • The result is fast detection of degradations in blockchain network health, management and compliance of operational risk, and intelligent operation interaction.
  • The company is dedicated to empowering blockchain ecosystems with tools to ensure blockchain networks are performant and reliable, ultimately contributing to their mainstream adoption in finance, enterprise and applications worldwide.

SmartBank Continues Alabama Expansion – Announces Plans for Montgomery, Dothan and Birmingham

Retrieved on: 
Wednesday, September 8, 2021

Following the recent announcement of its expansion into Auburn and Mobile (Gulf Coast), SmartBank has hired several long-tenured, experienced bankers to lead expansion efforts in Montgomery, Dothan and Birmingham, Alabama.

Key Points: 
  • Following the recent announcement of its expansion into Auburn and Mobile (Gulf Coast), SmartBank has hired several long-tenured, experienced bankers to lead expansion efforts in Montgomery, Dothan and Birmingham, Alabama.
  • Jeff Williams, former BBVA Dothan Market President, will lead SmartBank Dothan, as the banks Regional President for Southern Alabama.
  • In addition, SmartBank also plans to expand into Birmingham with the hiring of long-time Alabama banker Lee Smith.
  • Founded in 2007, SmartBank is a full-service commercial bank, with branches across Tennessee, Alabama, the Florida Panhandle, and Virginia.

SmartFinancial, Inc. Completes Acquisition of Sevier County Bancshares, Inc.

Retrieved on: 
Wednesday, September 1, 2021

KNOXVILLE, Tenn., Sept. 01, 2021 (GLOBE NEWSWIRE) -- SmartFinancial, Inc., Knoxville, Tennessee (SmartFinancial) (Nasdaq: SMBK), parent company of SmartBank, today announced the completion of its previously-announced acquisition of Sevier County Bancshares, Inc. (SCB), and SCBs wholly owned bank subsidiary, Sevier County Bank.

Key Points: 
  • KNOXVILLE, Tenn., Sept. 01, 2021 (GLOBE NEWSWIRE) -- SmartFinancial, Inc., Knoxville, Tennessee (SmartFinancial) (Nasdaq: SMBK), parent company of SmartBank, today announced the completion of its previously-announced acquisition of Sevier County Bancshares, Inc. (SCB), and SCBs wholly owned bank subsidiary, Sevier County Bank.
  • Effective September 1, 2021, SCB has been merged with and into SmartFinancial, and Sevier County Bank has been merged with and into SmartBank.
  • Billy Carroll, President and Chief Executive Officer said, The acquisition of Sevier County Bank is a great milestone for us as we add scale in one of our strongest markets.
  • We welcome the Sevier County Bank team and their clients to SmartBank.

Sterling Capital Brokers Enters New Agreement With Empire Life

Retrieved on: 
Thursday, August 19, 2021

KINGSTON, ON, Aug. 19, 2021 /CNW/ - Sterling Capital Brokers and The Empire Life Insurance Company ("Empire Life") are pleased to announce a new relationship in which the two companies will jointly offer a digital suite of life, disability, and health benefits using leading API-enabled technology.

Key Points: 
  • KINGSTON, ON, Aug. 19, 2021 /CNW/ - Sterling Capital Brokers and The Empire Life Insurance Company ("Empire Life") are pleased to announce a new relationship in which the two companies will jointly offer a digital suite of life, disability, and health benefits using leading API-enabled technology.
  • "Combining the advanced technologies of our two companies will increase the speed and accuracy of implementing new employee benefit plans, and administering existing plans," says Stefan Ionescu, Sterling Capital co-founder.
  • "We're honoured to be chosen as Sterling Capital Brokers' provider of life, disability, and health insurance," says Dara Brachman, Empire Life Vice-President of Group Distribution.
  • Empire Life health benefits include Best Doctors, Mental Health Navigator, a telemedicine benefit, and the Express Scripts Canada Opioid Management Solution.