Mortgage Blog
One of Cincinnati’s largest banks gets new name, local leader
Customers in Southeast Indiana are seeing a new name on the banking scene after the biggest bank in that region and one of the 15 biggest in Greater Cincinnati was recently acquired.
Sandusky-based Civista Bancshares Inc., parent of Civista Bank, completed the $115 million acquisition of United Community Bancorp on Sept. 14. Civista acquired United Community’s five branches in Dearborn County, including three in Lawrenceburg, as well as its Fort Mitchell loan production office and three branches…
Bank of America faces trademark lawsuit over virtual assistant Erica
Charlotte-based Bank of America Corp. (NYSE: BAC) is facing a trademark lawsuit over its use of Erica, a virtual financial assistant it rolled out this year.
Erica is powered by artificial intelligence and accessible through BofA's mobile app. It helps customers check balance information, manage spending, transfer money and set up in-person appointments. BofA launched Erica in March and completed its rollout to all customers this summer.
Challenging BofA's Erica trademark is Erik Underwood, a Colorado…
Here’s how Pittsburgh investors scored when Expedia bought a Chicago startup
Fastest exit to date for BlueTree.
Q&A: Mike Maples talks about his Midas touch, offers advice
The early investor in Twitter, Twitch, Lyft, Cruise Automation and Okta talks about the success that has landed him high on the Midas List of top VCs for the past nine years — plus some new challenges he sees.
Former P&G manager hired as CEO of fintech firm
Former Procter & Gamble Co. manager Barry McCarthy has been hired as CEO of Deluxe Corp., a provider of digital technology services for financial institutions and small businesses.
He began his career in product development, sales and marketing of deodorant products at the Cincinnati-based maker of consumer goods such as Old Spice and Secret (NYSE: PG).
McCarthy, who joined P&G in 1986 and had roles of increasing responsibility over nearly 12 years, will become CEO of Deluxe on Nov. 26.
He…
Valley National Bank tops list of area SBA lenders
Valley National Bank took its place at the top of a recent Small Business Administration, leading the Tampa Bay area in lending dollar-volume rankings.
The New Jersey-based bank, which acquired USAmeriBank locally, loaned $17.2 million to small businesses in Hillsborough and Pinellas counties in fiscal 2018, beating out Live Oak Banking Co. by a little more than $4 million.
The No. 1 ranking is the sixth consecutive for Valley (NASDAQ: VLY), which moved into a 7,102-square-foot facility in…
When the next recession will start — and what will trigger it
The economic recovery since the Great Recession has been a long one. So we must be due for a fall, right?
Louisville financial firm aims to shake up a $2 trillion industry with its new model
The company is building a two-fold change for the $2.2 trillion insurance industry.
Kemba’s new CEO talks growth and change at Central Ohio’s largest credit union
At Kemba Financial Credit Union’s Gahanna offices, Mark Decello has been busy.
Miami attorney is newest member of Banesco USA board
Miami attorney Patricia Hernandez is the newest member of Banesco USA's board of directors, the bank announced Monday.
“Patricia embodies the spirit of Miami and brings talent, expertise and energy to the table. We are very fortunate to have her by our side as we work to grow Banesco USA across South Florida,” said Banesco USA president and CEO Jorge Salas.
Hernandez is a founding partner at Miami law firm Avila Rodriguez Hernandez Mena & Ferri LLP, where she focused on corporate and financial…