Fifth Third Bank to Decrease Prime Lending Rate to 7.25%
Fifth Third Bank Cuts Prime Lending Rate to 7.25% Fifth Third Bank, National Association (Nasdaq: FITB) today announced it will decrease its prime lending rate to 7.25%, effective immediately. The rate was last changed on December 18, 2024, when Fifth…
NFS Capital Opens New Office in Boca Raton, Florida
NFS Capital, LLC, a leading independent equipment finance company serving non-investment-grade businesses across the U.S. and Canada, has opened a new regional office in Boca Raton, Florida. The new location supports NFS Capital’s continued growth and expands its ability to…
Infinity Commercial Lending and Siguler Guff Launch Joint Venture for CRE Lending & Securitization Platform
Infinity, Siguler Guff Team Up on New CRE Lending & Securitization Platform Infinity Commercial Lending (ICL), an affiliate of Infinity Capital Partners, a leading provider of tailored financing solutions for commercial real estate, is proud to announce a strategic joint…
Wesleyan Impact Partners Names Rich Coffey as Director of Impact Growth
Rich Coffey Joins Wesleyan Impact Partners as Director of Impact Growth Wesleyan Impact Partners announces Rich Coffey as director of investor relations and impact growth. With over 20 years of experience in organizational growth, business strategy, operations, and financial management,…
AM Best Revises Outlooks to Negative for Forestry Mutual Insurance Company
AM Best Revises Forestry Mutual Insurance Company’s Outlook to Negative AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Forestry Mutual…
Compound Planning Launches Activity Monitor, the Foundation of Its AI-Powered Operating System for Financial Advisors
Compound Planning Launches Activity Monitor, the Foundation of Its AI-Powered Operating System for Financial Advisors Compound Planning, a leading digital family office reimagining wealth management for the next generation, today announced the launch of Activity Monitor – the centerpiece of…
WaFd Bank Secures SBA Preferred Lender Designation
WaFd Bank Receives SBA Preferred Lender Status Approval WaFd, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), today announced that it has been designated as a Preferred Lender with the U.S. Small Business Administration (“SBA”),…
Best’s Special Report: Latin America’s Issuer Credit Upgrades Outpaced Downgrades in 2024, Underpinned by Mature Markets
Latin American Credit Ratings Strengthened by Robust Market Fundamentals AM Best-rated insurers across Latin America experienced more Long-Term Issuer Credit Rating (Long-Term ICR) upgrades than downgrades in 2024, with the majority of those upgrades occurring in the region’s more mature…
State Street Investment Management and WNBA Announce Multi-Year Partnership
State Street Investment Management Forms Multi-Year Partnership with WNBA State Street Investment Management and the Women’s National Basketball Association (WNBA) today announced a multi-year partnership making State Street Investment Management and its SPY ETF the official investment management and exchange-traded fund (ETF) partner…
Citizens Expands Workforce Development Commitment to $20 Million
Citizens Pledges $20 Million Toward Workforce Development Expansion Citizens announced a new $20 million commitment over the next three years (2026 to 2028) to support workforce development programs and long-term economic growth. The investment builds on the successful delivery of…
Republic Bancorp, Inc. Among Top 25 in Bank Director’s Annual Ranking
Republic Bancorp, Inc. Named Among Top 25 in Bank Director’s Annual Ranking On the heels of receiving the Raymond James Community Bankers Cup for its 2024 performance, Republic Bancorp, Inc., the parent company of Republic Bank & Trust Company (“Republic” or the…
Cornerstone Capital Bank Prevails in Former Executive’s $140 Million Discrimination Lawsuit
Cornerstone Capital Bank Wins $140 Million Discrimination Lawsuit Filed by Former Executive A discrimination, retaliation, harassment and wrongful termination lawsuit filed by a former executive at Houston-based Cornerstone Capital Bank ended this week with the ex-employee dropping the lawsuit and…