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Bank Shareholder Liquidity Matters

Jeff For Banks

and Ciaran McMullan , former CEO of Suncrest Bank CA extolled the benefits of OTC listing, particularly OTCQX market listing in a session titled How to Maximize Your Stock as Currency. Suncrest started in 2008 with a $19 million capital raise, and did three small follow-ons of $5, $8, and $7 million to support growth.

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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

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First Foundation Files to Sell $200M in Securities

American Banker

billion-asset company submitted a shelf registration that lets it sell common stock, preferred stock, debt securities and warrants, among other things.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Security Bank Midwest. By Ed Avis.

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CA Reinvestment Coalition sues CFPB for delaying Section 1071 implementation

CFPB Monitor

CRC claims that without the data mandated by Section 1071, such members “have to expend additional organizational resources–and in some respects are entirely unable–to identify particular needs and opportunities.”.

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'GameStopping' The System: Wall Street Madness Breeds Unintended Consequences

PYMNTS

AMC erased $600 million of debt through bond conversion as a result of the pickup, and managed to parlay this week’s boost into another $300 million in capitalization. Anthony Scaramucci, CEO of Skybridge Capital (and briefly the press secretary for former President Donald Trump) certainly thinks so. Do you see this rage?

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On The Hill, Banking’s Biggest Get Grilled

PYMNTS

“I am concerned that several of these institutions are simply too big to manage their own operations, too big to serve our communities and too big to care about the harm they have caused,” said Representative Maxine Waters (D-CA), chair of the committee.

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