Federal Reserve Bank of Cleveland

M&T BANK APPOINTS DAVID W. HOLLIS AS CHIEF HUMAN RESOURCES OFFICER

Retrieved on: 
Tuesday, October 10, 2023
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BUFFALO, N.Y., Oct. 10, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) announced its appointment of David W. Hollis as Chief Human Resources Officer (CHRO), effective today.

Key Points: 
  • BUFFALO, N.Y., Oct. 10, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) announced its appointment of David W. Hollis as Chief Human Resources Officer (CHRO), effective today.
  • Woodrow will continue to serve as Chief Administrative Officer, overseeing M&T's Banking Services, Buffalo Promise Neighborhood (BPN), Corporate Services, Human Resources, and Environmental, Social, and Governance (ESG) teams.
  • "We see human resources as a competitive advantage, and we are excited to have David here to lead this function."
  • Hollis has over 37 years of experience, most recently serving as CHRO at Michigan-based commercial bank, Flagstar Bank.

TFS Financial Corporation Declares Dividend

Retrieved on: 
Thursday, August 31, 2023
Banking, Professional Services, Finance, Federal Reserve Bank, Third Federal S&L, MHC, Multimedia, Trust, TFS, Annual report, Love, Federal Reserve Bank of Cleveland, Security (finance), News, Bank

TFS Financial Corporation (NASDAQ: TFSL) (the “Company”), the holding company for Third Federal Savings and Loan Association of Cleveland (the “Association”), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on September 26, 2023, to stockholders of record on September 12, 2023.

Key Points: 
  • TFS Financial Corporation (NASDAQ: TFSL) (the “Company”), the holding company for Third Federal Savings and Loan Association of Cleveland (the “Association”), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on September 26, 2023, to stockholders of record on September 12, 2023.
  • Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal’s mission is to help people achieve the dream of home ownership and financial security.
  • It became part of a public company in 2007 and celebrated its 85th anniversary in May 2023.
  • These forward-looking statements involve risks and uncertainties that could cause the Company’s results to differ materially from management’s current expectations.

Quest Resource Holding Corporation Announces Appointment of Audrey P. Dunning to Board of Directors

Retrieved on: 
Wednesday, July 12, 2023
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THE COLONY, Texas, July 12, 2023 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation ( NASDAQ: QRHC) ("Quest"), a national leader in environmental waste and recycling services, today announced that Audrey P. Dunning has been elected to its Board of Directors.

Key Points: 
  • THE COLONY, Texas, July 12, 2023 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation ( NASDAQ: QRHC) ("Quest"), a national leader in environmental waste and recycling services, today announced that Audrey P. Dunning has been elected to its Board of Directors.
  • Ms. Dunning will serve on the Audit, Nominating and Corporate Governance committees of the QRHC Board.
  • In connection with Dunning’s election, the board increased its size from six to seven directors.
  • Prior to Summa, Ms. Dunning held sales leadership positions at IBM and Xerox Corporation.

BofA Names John L. Gardner President of Kentucky

Retrieved on: 
Wednesday, June 28, 2023
Bank of America, Federal Reserve Bank, Small business, Education, Digital, Business, Risk management, BAC, Multimedia, Federal Reserve Bank of Cleveland, Bank, ATM, Merrill, Bank of America Corporate Center, Growth, Commercial, Health, NYSE, Safety, Cryptocurrency, Financial services

LOUISVILLE, Ky., June 28, 2023 /PRNewswire/ -- Bank of America has named John L. Gardner president of Bank of America Kentucky. As president, Gardner will assume the responsibilities for connecting banking and investment resources offered through the bank's eight lines of business to people and companies across the region. He will also lead the effort to deploy Bank of America's resources to help advance economic mobility and build strong communities, as well as support the health, safety and engagement of local employees.

Key Points: 
  • BofA expands in Louisville as part of national growth strategy, plans to open five financial centers starting in 2024
    LOUISVILLE, Ky., June 28, 2023 /PRNewswire/ -- Bank of America has named John L. Gardner president of Bank of America Kentucky.
  • Gardner will support Bank of America's expansion across Kentucky, including opening ten new financial centers in Louisville, with five expected to open beginning in 2024.
  • Bank of America currently serves 155,000 clients across Kentucky who will now have more access to the company's full array of financial services.
  • In his role as president, Gardner will lead the 260 employees throughout Louisville and Lexington who are actively engaged in supporting their local community.

Centime Introduces New Working Capital Credit Solutions in Partnership with FNBO

Retrieved on: 
Tuesday, May 23, 2023
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BOSTON, May 23, 2023 /PRNewswire/ -- Centime, a Boston-based fintech that offers comprehensive cash management and banking solutions to small-to-midsize businesses, today announced a new set of credit products in partnership with bank partner FNBO. Together, Centime and FNBO are joining forces to combine the modern convenience of online banking and credit solutions with the stability and trust of a 165-year-old financial institution.

Key Points: 
  • BOSTON, May 23, 2023 /PRNewswire/ -- Centime , a Boston-based fintech that offers comprehensive cash management and banking solutions to small-to-midsize businesses, today announced a new set of credit products in partnership with bank partner FNBO.
  • Together, Centime and FNBO are joining forces to combine the modern convenience of online banking and credit solutions with the stability and trust of a 165-year-old financial institution.
  • "Businesses need well-priced credit solutions that can flex to meet their changing liquidity needs," said Carrie Zoucha, Vice President at FNBO.
  • "With Centime, we're able to simply and easily allow customers to access short-term credit online, supported by the bank's resources."

TFS Financial Corporation Declares Dividend

Retrieved on: 
Thursday, May 18, 2023
Banking, Professional Services, Finance, Federal Reserve Bank, Third Federal S&L, MHC, Multimedia, Trust, TFS, Annual report, Love, Federal Reserve Bank of Cleveland, Security (finance), News, Bank

TFS Financial Corporation (NASDAQ: TFSL) (the “Company”), the holding company for Third Federal Savings and Loan Association of Cleveland (the “Association”), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on June 13, 2023, to stockholders of record on May 30, 2023.

Key Points: 
  • TFS Financial Corporation (NASDAQ: TFSL) (the “Company”), the holding company for Third Federal Savings and Loan Association of Cleveland (the “Association”), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on June 13, 2023, to stockholders of record on May 30, 2023.
  • Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal’s mission is to help people achieve the dream of home ownership and financial security.
  • It became part of a public company in 2007 and is celebrating its 85th anniversary in May 2023.
  • These forward-looking statements involve risks and uncertainties that could cause the Company’s results to differ materially from management’s current expectations.

TFS Financial Corporation Declares Dividend

Retrieved on: 
Thursday, February 23, 2023
Banking, Other Professional Services, Professional Services, Finance, MHC, Trust, News, Annual report, Love, TFS, Security (finance), Third Federal S&L, Federal Reserve Bank, Multimedia, Federal Reserve Bank of Cleveland, Bank

TFS Financial Corporation (NASDAQ: TFSL) (the “Company”), the holding company for Third Federal Savings and Loan Association of Cleveland (the “Association”), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on March 21, 2023, to stockholders of record on March 7, 2023.

Key Points: 
  • TFS Financial Corporation (NASDAQ: TFSL) (the “Company”), the holding company for Third Federal Savings and Loan Association of Cleveland (the “Association”), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on March 21, 2023, to stockholders of record on March 7, 2023.
  • Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal’s mission is to help people achieve the dream of home ownership and financial security.
  • It became part of a public company in 2007 and is celebrating its 85th anniversary in May 2023.
  • These forward-looking statements involve risks and uncertainties that could cause the Company’s results to differ materially from management’s current expectations.

PEOPLES BANCORP INC. ELECTS NEW DIRECTOR

Retrieved on: 
Friday, February 24, 2023
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MARIETTA, Ohio, Feb. 24, 2023 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) today announced that Dwight Smith has been elected to the Peoples Board of Directors.

Key Points: 
  • MARIETTA, Ohio, Feb. 24, 2023 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) today announced that Dwight Smith has been elected to the Peoples Board of Directors.
  • He also joined the Board of Directors of Peoples' banking subsidiary, Peoples Bank.
  • "We are thrilled to have Dwight join our Board," said Susan Rector, Peoples' Chairman of the Board.
  • Chuck Sulerzyski, President and Chief Executive Officer for Peoples, said that he too is pleased with Mr. Smith's election.

Fifth Third Bank Receives “Outstanding” CRA Rating Across All Categories of Lending, Investment and Service Rated by the OCC

Retrieved on: 
Monday, February 13, 2023
Other Professional Services, DEI (Diversity, Equity and Inclusion), Personal Finance, Finance, Environmental, Social and Governance (ESG), Banking, Small Business, Professional Services, Investment, OCC, CRA, Comptroller, Currency, Fifth Third Bank, National Association, Housing, Work, Federal Reserve Bank of Cleveland, Federal Reserve Bank, Community Reinvestment Act, Small business, Growth, Bank, Multimedia, Community, Michael J. Hsu

Fifth Third received “Outstanding” ratings on each of the examination’s three tests: Lending, Investment and Service.

Key Points: 
  • Fifth Third received “Outstanding” ratings on each of the examination’s three tests: Lending, Investment and Service.
  • View the full release here: https://www.businesswire.com/news/home/20230213005346/en/
    Fifth Third Bank has received an "Outstanding" Community Reinvestment Act rating from the OCC.
  • “This ‘Outstanding’ rating from the OCC reflects that commitment.”
    The examination period was Jan. 1, 2017, to Dec. 31, 2021, and was the first for Fifth Third under the OCC.
  • Its last CRA rating also was “Outstanding” for the most recent exam conducted by the Federal Reserve Bank of Cleveland in 2018.

Rocky Brands, Inc. Announces Appointment of Dwight E. Smith to its Board of Directors; Retirement of Glenn E. Corlett and James L. Stewart from Board of Directors

Retrieved on: 
Friday, December 9, 2022
Online Retail, Fashion, Other Retail, Retail, Specialty, Columbus State Community College, Federal Reserve Bank of Cleveland, Chair, Highlight, IBM, Financial compensation, Columbus Foundation, Cloud computing, Professional Football Compensation Committee, Brand, United States Auto Club, Trustee, OCLC, Federal Reserve Bank, Nationwide, Rocky Brands, Before Columbus Foundation, Multimedia, Audit committee, Growth, Ohio State University, Information technology, Royal National Children's Foundation, Engineering, Management, Risk management, Rocky, Marketing

Prior to founding Sophisticated Systems, Mr. Smith served in a variety of roles with Software Alternatives, Inc., Cullinet Software, Inc., and IBM.

Key Points: 
  • Prior to founding Sophisticated Systems, Mr. Smith served in a variety of roles with Software Alternatives, Inc., Cullinet Software, Inc., and IBM.
  • Mr. Smith also has extensive prior civic charitable Board experience, including The Columbus Foundation, Columbus State Community College, and Rev1 Ventures.
  • Jason Brooks, the Companys Chairman, President & CEO, stated, We are very excited to welcome Dwight to our Board of Directors.
  • Rocky Brands is also announcing that Glenn E. Corlett and James L. Stewart are electing to retire form the Board of Directors, effective December 31, 2022.