Digital banking platform Bluevine has surpassed $1 billion in managed deposits by its small business banking customers. This asset threshold has largely been attracted by the company’s business checking platform, a high-yield SMB checking account launched three years ago. read more

DEC 4, 2023 - 7:10 am

Republic First Bancorp, the parent company of Republic Bank, and the Norcross Braca Group agreed to extend the outside date for the closing of a $35 million investment in the bank by the group to Feb. 29, 2024. read more

DEC 4, 2023 - 7:08 am

Equipment Depot, an independently operated material handling and equipment rental company, was selected by Amazon Web Services to adopt AWS Supply Chain, a cloud-based application, making it an early adopter of the platform within the material handling industry. read more

DEC 4, 2023 - 7:06 am

Verdant Commercial Capital expanded its team by hiring five new members, including Aimee Bell, Audrey Wanless and Derek Onkalo, who joined the company’s automotive repair equipment financing unit within its industrial vertical. read more

DEC 1, 2023 - 7:04 am

Odessa hired Robert Johnson to lead automotive finance globally. Johnson, who previously was a managing director at EY, has more than 30 years of experience supporting auto and equipment finance companies in developing and implementing core technologies. read more

DEC 1, 2023 - 7:01 am

According to the Federal Reserve’s November Beige Book report, there has been a slowdown in overall economic activity over the last month, with expectations “diminished” for the next six to 12 months. read more

DEC 1, 2023 - 7:00 am

Banc of California completed its merger with PacWest Bancorp pursuant to which PacWest has merged into Banc of California and, as of today, Banc of California has merged into Pacific Western Bank. The combined bank will operate under the Banc of California name and brand. read more

DEC 1, 2023 - 6:58 am

Huntington National Bank expanded its Huntington Business Credit team with the addition of a Washington, D.C.-based group focused on asset-based lending in the healthcare industry, including Todd Gordon, who joined as head of healthcare ABL. read more

DEC 1, 2023 - 6:57 am

First Citizens Bank’s asset-based lending business, part of the bank’s commercial finance group, served as co-collateral agent on $75 million in financing for branded consumer products company Turning Point Brands. read more

DEC 1, 2023 - 6:55 am

John Marshall Bank, a subsidiary of John Marshall Bancorp, hired Christopher Mullings as senior vice president and commercial team lead in the Arlington, VA, region. Most recently, Mullings served as a senior vice president for Capital Bank in Rockville, MD. read more

DEC 1, 2023 - 6:54 am

Lynn Smith joined National Bank of Coxsackie as vice president and chief credit officer. Smith has more than 25 years of commercial banking experience, including previously roles at Pioneer Bank and M&T Bank. read more

DEC 1, 2023 - 6:52 am

The Equipment Leasing and Finance Association released the agenda for the 2024 ELFA Women’s Leadership Forum, which will take place Feb. 8-9, 2024, in Nashville, TN. read more

NOV 30, 2023 - 7:07 am

The National Equipment Finance Association’s Chris Walker Education Fund is now actively raising funds and accepting grant requests until the application deadline of Feb. 1, 2024. The fund will award a total of $30,000 in grants to be distributed by the end of February 2024. read more

NOV 30, 2023 - 7:05 am

NETSOL Technologies, a provider of IT and enterprise software solutions primarily serving the global leasing and finance industry, hired Erik Wagner to serve as its first chief marketing officer. read more

NOV 30, 2023 - 7:04 am

First Citizens Bank’s healthcare finance business completed two transactions totaling $99.3 million with joint ventures managed by Kayne Anderson Real Estate and Remedy Medical Properties. read more

NOV 30, 2023 - 7:02 am