PYMNTS
FEBRUARY 26, 2019
When the state of Ohio partnered with cryptocurrency company BitPay last year, it meant the state would become the first in the U.S. to allow businesses to pay their corporate taxes in bitcoin. Ohio’s effort signaled a renewed push for corporate adoption of cryptocurrency.
PYMNTS
SEPTEMBER 25, 2019
1595, known as the Secure And Fair Enforcement (SAFE) Banking Act, on Wednesday (Sept. The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House Financial Services Committee. House of Representatives passed H.R.
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Abrigo
DECEMBER 18, 2023
Banks and thrifts hold half of all outstanding CRE debt through the second quarter, with insurance companies accounting for 12% and commercial mortgage-backed securities holding 14%, according to Trepp. Deferred maintenance and missed tax payments are other red flags for financial institutions to monitor. CRE loans make up 28.7%
Independent Banker
MARCH 31, 2022
Treasurer Sarah Getzlaff, CEO, Security First Bank of North Dakota, New Salem, N.D. Coldwater, Ohio. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. For instance, ICBA is calling for congressional hearings on the credit union tax exemption.
Jeff For Banks
JANUARY 28, 2016
This month, Old Fort Banking Company in Tiffin, Ohio gave us an answer. The ESOP is funded with tax-deductible contributions by the employer in the form of company stock, or in the case of the Old Fort ESOP, with cash that was used to purchase company stock. Either way, Old Fort would have likely secured the loan.
PYMNTS
MARCH 22, 2017
m oderated by Cortex MCP CEO Shaunt Sarkissian, with participation from Ohio State Senator William P. They also pay their staff, pay their suppliers, pay their utility bills and pay their taxes. That was one of the voices from the Innovation Project’s panel on “The State of Cannabis and Commerce in the U.S.,”
Jeff For Banks
DECEMBER 13, 2018
But once they turned things around they took their deferred tax asset back onto their books and did three acquisition. It has been serving the financial needs of individuals, farmers, businesses, and industries in Northwest Ohio and Northeast Indiana since 1897 through its headquarters in Archbold, Ohio and 24 additional branch offices.
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