Mortgage Blog
Finalists announced for the 2023 CFO of the Year Awards
Here are the standout finalists for Memphis Business Journal's annual CFO of the Year Awards.
5 ways to make retirement plans more equitable
According to a recent study commissioned by Pew, the shortfall between the amount of money needed for a comfortable retirement and individuals’ actual savings could create a $1.3 trillion economic burden through 2040.
As of now, many Americans simply aren’t able to save enough for retirement to overcome this retirement savings gap — 61% of elderly households are projected to have an annual income below $75,000 in 2040, putting the average income shortfall to be roughly $7,050.
These disparities…
Brian and Kent Roers, co-founders of the Roers Companies, on taking advantage of life’s opportunities
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Now the co-founders of Roers Companies, a Plymouth-based real estate developer, brothers Kent and Brian Roers had a hand in business from a young age. From power washing pig barns for the family farm to selling hockey skate sharpeners to their junior high classmates, the Roers brothers know what it’s like to work hard and take advantage of life’s opportunities.
“It was ingrained in us early on that you…
How pricing transparency empowers health care delivery systems
Over the past few years, transparency laws* have gone into effect that require hospitals and payers of health care systems to post negotiated commercial prices, with the aim of making medical costs less opaque. The legislation is a historic step towards allowing consumers to make better informed decisions in advance of care.
These legislative advancements have triggered market opportunities and opened the door for price transparency and development of creative market solutions. Specifically, health…
FDIC data shows bank deposits declined 17% in Dallas-Fort Worth
Deposits held by banks in the Dallas-Fort Worth region declined more than 17% on a year-over-year basis as of the end of the second quarter, according to data released by the FDIC.
SBA more than doubles lending to Black-owned businesses
The SBA has been working to include lending to underserved business owners for years.
Vicarious Surgical warned to raise stock price or face delisting from NYSE
The receipt of the notice comes approximately seven months after Vicarious Surgical Inc. cut 14% of its workforce in an effort to extend its cash runway.
Seven years on, Wells Fargo fake accounts scandal still casts long shadow over bank
Wells Fargo is still trying to move beyond the 2016 fake account scandal. It's harder than it looks.
Longtime Regions C-suite exec retiring, replacement named
A former Bank of America executive is stepping into a C-level role for the Fortune 500 company.
Berkshire Bank hires former Pioneer executive
Paul Nichols most recently was the chief credit officer for Pioneer Bank.