Mortgage Blog
Stop chasing short-term investment returns by creating a goal-based financial plan
Planning for the future involves setting goals. Every year on Jan. 1, a number of us set a variety of different goals – lose a few pounds, exercise more, better work/life balance, etc. Unfortunately, sticking to those goals often proves to be a challenge. When it comes to financial planning, sticking with the plan can be just as difficult.
Most people think of financial planning as a daunting, tedious and drawn-out process. This perception is so widespread that many people won’t even return…
N.Y. venture firm boosts Reston company with $30M in funding
Reston lease accounting software firm LeaseAccelerator has raised $30 million in Series B funding from New York venture capital firm Insight Venture Partners.
The funding will be used to build out the company’s product roadmap and partner network and to expand overseas. Peter Sobiloff, managing director at Insight Venture Partners, will join the board.
The latest round brings its total funding to $37.1 million, according to Crunchbase.
The new round comes as companies work to adopt new standards…
CoLabs blows past funding goal, raises $4 million
The Tampa technology startup is about to take the wraps off its inaugural product.
Fifth Third CEO addresses recent layoffs, Louisville market opportunities
Greg Carmichael says the bank is looking to hire in Louisville.
Bryn Mawr Trust continues reconfiguring senior management team with new banking division CFO
Michael S. Thompson will serve as CFO of the banking division while Michael W. Harrington remains chief financial officer for the holding company.
Meet the 25 highest-paid CFOs in Tampa Bay
Twenty-five chief financial officers from across west-central Florida topped the list of the highest-paid local CFOs, with an average total compensation of $1,730,232 in 2017.
Data was compiled from Securities and Exchange Commission (SEC) filings.
Click through the slides to see the CFOs, their salaries and their total compensation.
Citigroup pays $335 million in refunds to credit card customers
Earlier this month, Citigroup Inc. agreed to pay $100 million to settle charges that it rigged interest rates. Now over in the bank's credit card department, it's shelling out even more money.
Citigroup (NYSE: C) said Friday it plans to refund $335 million to more than a million of its customers.
According to the Consumer Financial Protection Bureau, some 1.75 million customers were overpaying interest on their credit cards.
Citi confirmed that it will refund those customers in overpaid interest…
Proposed community bank in Statesville issues IPO
A proposed community bank in the Charlotte region is taking the next steps to become North Carolina's first de novo bank since 2009.
Spirit Community Bank announced Thursday it is offering up to 3 million shares, at $10 per share, of its common stock to the public. Investors can buy shares until Sept. 30, unless otherwise noted.
The bank's organizers hope to secure the needed capital and open the doors in Statesville this fall. Longtime banking executive William Long Sr. serves as president and…
American Bank announces CEO succession plan
As it nears half a century in business and embarks on a bold growth plan, American Bank NA later this year will replace its chief executive.
The bank, which is based in Corpus Christi but has a large and growing Austin office, on Friday announced that CEO Richard Scanio will step down on Dec. 31 and will be replaced by Stephen Raffaele.
American Bank was founded in 1970 and had nearly $1.4 billion in assets as of March 31. It has 14 locations, many of them on the Gulf Coast, and specializes in…
Why San Antonio’s binational bank issued “green bonds”
The North American Development Bank, or NADBank, is taking a different approach to attract capital from institutional investors by issuing its first green bond.
NADBank officials saw opportunity to leverage existing investor interest in projects that it’s been doing for decades. The organization underwrites loans and grants for renewable energy projects and clean water plants up to 62 miles north or 186 miles south of the U.S. border. It had avoided issuing green bonds before due to the additional…