Office of the Supervising Architect for the U.S. Treasury

Blue Foundry Bancorp Announces Adoption of Initial Stock Repurchase Program

Retrieved on: 
Wednesday, July 20, 2022

RUTHERFORD, N.J., July 20, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that it has adopted a program to repurchase up to 2,852,250 shares of its common stock, which is approximately 10% of its outstanding common stock.

Key Points: 
  • RUTHERFORD, N.J., July 20, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that it has adopted a program to repurchase up to 2,852,250 shares of its common stock, which is approximately 10% of its outstanding common stock.
  • This is the Companys first stock repurchase program since completing its mutual-to-stock conversion and related stock offering in July 2021.
  • Blue Foundry Bancorp is the holding company for Blue Foundry Bank, a place where things are made, purpose is formed, and ideas are crafted.
  • To learn more about Blue Foundry, go to www.bluefoundrybank.com or call our Customer Service Center at 1-888-931-BLUE.

Signature Bank Releases 2021 Social Impact Report With a Focus on “Looking Forward. Giving Back.”

Retrieved on: 
Tuesday, July 12, 2022

The report presents a comprehensive review of the Banks Social Impact activities during 2021, as well as a look back on the Banks 20-year history and timeline since its founding.

Key Points: 
  • The report presents a comprehensive review of the Banks Social Impact activities during 2021, as well as a look back on the Banks 20-year history and timeline since its founding.
  • As of December 31, 2021, Signature Bank has committed $100 million to Go Green qualifying loans; and,
    Use of the Sustainability Accounting Standards Board (SASB) framework for disclosure purposes.
  • Lisa Bond, Chief Social Impact Officer and Senior Vice President, notes that this report was a labor of love for all that believe in Signature Banks mission.
  • Signature Bank placed 19th on S&P Globals list of the largest banks in the U.S., based on deposits at year-end 2021.

Signature Bank to Host 2022 Second Quarter Results Conference Call

Retrieved on: 
Tuesday, July 12, 2022

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today that management will host a conference call to review results of its 2022 second quarter ended June 30, 2022 on Tuesday, July 19, 2022 at 9:00 AM ET.

Key Points: 
  • Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today that management will host a conference call to review results of its 2022 second quarter ended June 30, 2022 on Tuesday, July 19, 2022 at 9:00 AM ET.
  • Signature Banks financial results will be released prior to market open on Tuesday, July 19, 2022.
  • Since commencing operations in May 2001, Signature Bank reached $121.85 billion in assets and $109.16 billion in deposits as of March 31, 2022.
  • Signature Bank placed 19th on S&P Globals list of the largest banks in the U.S., based on deposits at year-end 2021.

Steward Health Care Appoints Rubén José King-Shaw Jr to Its Board of Directors

Retrieved on: 
Thursday, July 7, 2022

Steward Health Care, the nations largest physician-led health care network, today announced the appointment of Rubn Jos King-Shaw Jr to its Board of Directors.

Key Points: 
  • Steward Health Care, the nations largest physician-led health care network, today announced the appointment of Rubn Jos King-Shaw Jr to its Board of Directors.
  • Ive long shared Stewards commitment to delivering the highest quality of health care to our patients as possible, said Rubn Jos King-Shaw.
  • Its an honor to join Stewards board of directors and to be part of a values-driven health care system.
  • Nearly a decade ago, Steward Health Care System emerged as a different kind of health care company designed to usher in a new era of wellness.

OceanFirst Financial Corp. Schedules Earnings Conference Call

Retrieved on: 
Thursday, June 30, 2022

RED BANK, N.J., June 29, 2022 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended June 30, 2022 on Thursday, July 28, 2022 after the market close.

Key Points: 
  • RED BANK, N.J., June 29, 2022 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended June 30, 2022 on Thursday, July 28, 2022 after the market close.
  • For those unable to participate in the conference call, a replay will be available.
  • The conference call will also be available (listen-only) via the Internet by accessing the Company's Web address: www.oceanfirst.com - Investor Relations.
  • OceanFirst Financial Corp.s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $12.2 billion regional bank providing financial services throughout New Jersey and the major metropolitan markets of Philadelphia, New York, Baltimore, Washington D.C. and Boston.

Signature Bank Appoints Five Private Client Banking Teams and Names Group Director to Existing Team Throughout the Metropolitan New York Marketplace

Retrieved on: 
Monday, June 13, 2022

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the appointment of five private client banking teams throughout the metropolitan New York area as well as a group director assigned to an existing team.

Key Points: 
  • Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the appointment of five private client banking teams throughout the metropolitan New York area as well as a group director assigned to an existing team.
  • Joining Madigans team, based in Melville, Long Island, N.Y., are several professionals who were named Group Director and Senior Vice President.
  • Keith Novitz, also named Group Director and Senior Vice President at the Bank, most recently served as Senior Vice President of the commercial bank at his prior institution.
  • Tamra Postiglione, named Group Director and Senior Vice President, and Candice Singer, Associate Group Director and Vice President, both join Signature Banks private client banking office in Garden City, Long Island, N.Y.

John Marshall Bancorp, Inc. to be Added to Russell 2000 Index

Retrieved on: 
Monday, June 6, 2022

John Marshall Bancorp, Inc. is pleased to be added to the Russell 2000 Index, said Christopher Bergstrom, President and Chief Executive Officer of the Company.

Key Points: 
  • John Marshall Bancorp, Inc. is pleased to be added to the Russell 2000 Index, said Christopher Bergstrom, President and Chief Executive Officer of the Company.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • For more information on FTSE Russell, the Russell 2000 Index and the Russell indexes reconstitution, visit www.ftserussell.com .
  • John Marshall Bancorp, Inc. is the bank holding company for John Marshall Bank (the Bank).

Signature Bank Appoints Corporate Mortgage Finance Group

Retrieved on: 
Thursday, June 2, 2022

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the appointment of its Corporate Mortgage Finance (CMF) Group.

Key Points: 
  • Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the appointment of its Corporate Mortgage Finance (CMF) Group.
  • and Wells Fargo Securities, LLC (including time at predecessor Wachovia Bank) as Managing Director of the Mortgage Banker Finance Group, which he founded and headed.
  • During his career, he also founded and led four successful mortgage finance groups for other large institutions and was a founding shareholder of a community bank, also engaged in mortgage finance.
  • Kucsma spent 21 years at Wells Fargo Bank (and predecessor Wachovia Bank) in Charlotte, N.C., most recently as Director, Warehouse Lending Operations and Transactional Due Diligence within their Asset Backed Finance and Mortgage Banker Finance Group.

John Marshall Bancorp, Inc. Announces Executive Leadership Promotions as Part of Succession Plan

Retrieved on: 
Wednesday, June 1, 2022

John Marshall Bank is proud to see them continue their involvement with the future of the Bank.

Key Points: 
  • John Marshall Bank is proud to see them continue their involvement with the future of the Bank.
  • As Mr. Ridenour and Mr. Dodson assume their advisory roles, existing members of the John Marshall Bank leadership team have received promotions, as part of the Banks long-established succession plan.
  • These promotions are:
    Andrew J. Peden has been promoted from Executive Vice President, Chief Lending Officer to Executive Vice President, Chief Banking Officer.
  • Jason R. McDonough has been promoted from Executive Vice President, Director of Commercial Real Estate to Executive Vice President, Chief Lending Officer.

MOCA Financial Adds Former Visa Payment Executive to Its Executive Management Team

Retrieved on: 
Wednesday, June 1, 2022

Mr. Sinner comes to MOCA with over 30 years of payments and executive experience after 6 years at Visa as Senior Director, Financial Institution & FinTech Solution Sales.

Key Points: 
  • Mr. Sinner comes to MOCA with over 30 years of payments and executive experience after 6 years at Visa as Senior Director, Financial Institution & FinTech Solution Sales.
  • Prior to Visa, Mr. Sinner was President and Founder of Crystal Clear Payments, a debit and credit processing company for 5 years.
  • Prior to Crystal Clear Payments, Mr. Sinner spent 20 years in various Senior Sales Management & Executive roles within leading U.S. based Payment & Software Companies.
  • MOCA, headquartered in the Austin suburb of Bastrop, Texas, is a fintech company founded and managed by community financial institution and payment industry veterans.