Financial Institutions (FISI) 24.14 $FISI
S&P Applies Revised Ratings Methodologies to CFC
Marketwired - Fri Dec 12, 4:31PM CST
Standard & Poor's Ratings Services (S&P) has revised its Issue Credit Ratings methodology for nonbank financial institutions (NBFIs), resulting in a change in the rating of senior secured debt issued by the National Rural Utilities Cooperative Finance Corporation (CFC) from A+ to A. S&P affirmed its issuer credit rating of CFC at A with a change in outlook to "negative" based on its revised rating methodology for NBFIs.
FISI: 24.14 (-0.27)
Federal Housing Finance Agency Reinstates Funding for Capital Magnet Fund
Marketwired - Fri Dec 12, 10:11AM CST
The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac to begin allocating dollars to the Capital Magnet Fund, reversing its temporary suspension on funding for the program. The decision comes after a dedicated and prolonged effort by some of the nation's leading Community Development Financial Institutions (CDFIs) -- Capital Impact Partners, IFF, The Low Income Investment Fund and The Reinvestment Fund -- which have advocated that policymakers support funding for the Capital Magnet Fund.
FISI: 24.14 (-0.27)
Program Managers Forum in San Diego Draws Interactive Discussions on Growing Investment Programs as In-person Visits to Financial Institutions Diminish
Business Wire - Thu Dec 11, 11:51AM CST
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, recently hosted investment program executives from around the nation at the CFS/SPF Program Managers Forum in San Diego. The annual conference is a two-day educational event for program managers of financial institution investment programs.
FISI: 24.14 (-0.27)
Malauzai Software Launches SmartMarketing to Help Community Financial Institutions Increase Mobile Adoption
Business Wire - Thu Dec 11, 8:04AM CST
Malauzai Software, a provider of mobile banking SmartApps for community financial institutions, has launched its SmartMarketing program for community banks and credit unions to help drive adoption of mobile banking. The SmartMarketing program teaches employees about mobile banking and trains branch staff on how to promote the SmartApp to existing and potential account holders. Lubbock, Texas-based Vista Bank has found success through their use of the SmartMarketing program thus far.
FISI: 24.14 (-0.27)
iMaximize Social Security Unveils Social Security Benefits Calculator Designed for Financial Institutions and Advisors
PR Newswire - Wed Dec 10, 7:30AM CST
Online Social Security benefits calculator iMaximizeSocialSecurity.com has expanded its services to financial institutions and advisors, offering customizable integrated access to the company's proprietary benefits calculator.
FISI: 24.14 (-0.27)
Hyosung Poll Reveals Nearly 50% of Financial Institutions Undergoing Branch Transformation
Business Wire - Mon Dec 08, 8:01AM CST
Hyosung, the fastest growing supplier of ATMs in North America and the market leader in Branch Transformation solutions, today released poll results on the future of the self-service banking market and the trends driving the evolution of branch transformation. Conducted on a recent Hyosung webinar, poll respondents included nearly 100 executives within the banking industry.
FISI: 24.14 (-0.27)
Wolters Kluwer Financial Services Adds ERM Consultant to Growing Consulting Practice
Business Wire - Thu Dec 04, 8:00AM CST
Wolters Kluwer Financial Services announced today it continues to expand its consulting practice with the addition of Pamela Govostes, who joins the company as an enterprise risk management consultant. In this role, Govostes will advise clients on risk management strategies and provide risk management consulting services on large-scale OneSumX(R) GRC implementations.
FISI: 24.14 (-0.27)
Crossing-Tech Selects C24 Technologies to Provide an Advanced Intelligent Business Operations Solution for Banks and Financial Institutions
Business Wire - Wed Dec 03, 2:00AM CST
C24 Technologies (C24), a global leader in financial services messaging and integration solutions, today announced a partnership with Crossing-Tech, a trusted provider of IT solutions. Crossing-Tech will embed C24 Integration Objects (C24-iO) into Connectivity Factory(TM) enabling banks and financial firms to gain real-time business insight into activities such as fraud, regulatory compliance, financial transactions and governance.
FISI: 24.14 (-0.27)
Esposito Securities Hires Vice President of Investment Banking
PR Newswire - Tue Dec 02, 10:00AM CST
Esposito Securities, LLC, a financial services firm providing institutional trading services for a growing list of clients, including registered investment advisors, hedge funds, mutual funds, ETFs, closed end funds and unit investment trusts, announced today that it has named Chris Malehorn as Vice President of Investment Banking for the firm's newly formed Financial Institutions Group (FIG).
FISI: 24.14 (-0.27)
Space Coast Credit Union Joins the More Than 50 Financial Institutions That Have Selected DNA Since Fiserv Acquired Open Solutions
Business Wire - Tue Dec 02, 8:02AM CST
--Modern architecture, member-centric design and Fiserv partnership were key factors in the selection of DNA
FISV: 68.35 (-1.58), FISI: 24.14 (-0.27)
BMO Financial Group Announces Intention to Repurchase Up to 15 Million of its Common Shares
Marketwired - Tue Dec 02, 6:08AM CST
Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX), to purchase, for cancellation, up to 15 million of its common shares under a normal course issuer bid through the facilities of the TSX. Bank of Montreal (the Bank) intends to file a notice of intention with the TSX in this regard.
BMO: 67.51 (-0.27), BMO.TO: 78.09 (-0.12), FISI: 24.14 (-0.27)
VSoft to Present Webinar on RDC Platform Expansion
PRWeb - Tue Dec 02, 2:23AM CST
VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced they will be presenting an upcoming webinar on Wednesday, December 17, 2014. Christian Tomooka - Senior Solutions Engineer, VSoft Corporation, will present the webinar "RDC Platform Expansion - How a Unified RDC Platform Drives Efficiencies". Financial Institutions that are evaluating their remote deposit capture strategy for its retail and commercial clients will benefit from this session. The webinar will highlight how ease of use, solution integration and risk mitigation create a simple and effective RDC platform. To register, go to https://www4.gotomeeting.com/register/246276175.
FISI: 24.14 (-0.27)
Dividend Champions For December 2014
David Fish - at Seeking Alpha - Sat Nov 29, 6:40AM CST
ASH: 115.61 (-1.13), SNA: 132.65 (-2.05), HIFS: 82.03 (-1.80), PSA: 182.14 (-2.33), FISI: 24.14 (-0.27), KMP: 102.03 (+1.98), SDRL: 11.06 (-0.15), AET: 87.30 (-0.82), NP: 57.25 (-0.95), SYBT: 31.63 (-0.50), ROK: 104.80 (-2.09), EMCI: 32.28 (-0.01), CHS: 15.60 (+0.29), WFM: 48.32 (+0.62), PCTI: 8.33 (unch), CBL: 19.22 (-0.09), AFSI: 56.87 (-0.58), WTI: 5.68 (-0.22), WPPGY: 100.09 (-3.08), UG: 19.18 (+0.12), EPB: 44.10 (+1.05), ABC: 90.98 (-1.57), GGP: 27.15 (-0.05), GPI: 88.97 (-1.41), APTS: 8.65 (+0.01), ESV: 27.04 (-0.80), HCI: 43.14 (+0.01), TRNO: 20.02 (+0.14), EL: 73.03 (-0.98), DOW: 43.35 (-2.66), CLMT: 22.85 (-0.60), WEN: 8.71 (+0.03), JCI: 46.12 (-1.18)
Azzad Participates in AAOIFI-World Bank Conference on Islamic Finance
PR Newswire - Tue Nov 25, 3:35PM CST
Representatives from Azzad Asset Management joined leading scholars and senior representatives from central banks, financial institutions, and regulators from over 35 countries this month in the Kingdom of Bahrain for an annual conference on Islamic finance organized by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Organized in cooperation with the World Bank and under the auspices of the Central Bank of Bahrain, the conference focused on integrating Islamic finance into global reporting standards and its compatibility with the legal systems of non-Muslim majority countries, including those in the West.
FISI: 24.14 (-0.27)
Anchor Bancorp Announces Lifting of Anchor Bank's Supervisory Directive
GlobeNewswire - Mon Nov 24, 9:23AM CST
Anchor Bancorp (Nasdaq:ANCB) ("Company"
, the holding company for Anchor Bank ("Bank" , announced the termination of the Supervisory Directive that the Bank had entered into with the Washington Department of Financial Institutions ("DFI" on September 4, 2012. The termination of the Supervisory Directive was effective on November 20, 2014.
FISI: 24.14 (-0.27), ANCB: 20.24 (-0.52)
Here Are 5 More Companies Leading The Way With Higher Dividend Payments
James Jenckes - at Seeking Alpha - Fri Nov 21, 6:35PM CST
FISI: 24.14 (-0.27), SYY: 39.33 (-0.80), WMB: 42.76 (-1.37), JCI: 46.12 (-1.18)
CenterState Bank and Credit Risk Management Make an Online Enterprise Risk Management Application Available to Community Banks
PR Newswire - Thu Nov 20, 8:21AM CST
CenterState Banks, Inc. (NASDAQ: CSFL) and Credit Risk Management, L.L.C. announced today that they will offer a proprietary online application that will provide community banks a suite of analytics to monitor and manage risk. The Executive Risk Management Analytics ("ERMA" application is currently free to all community banks and has credit stress, loan review, probability of default, macroeconomic data, bank performance data and a complete community-bank-specific enterprise risk map. The application starts with high-level macroeconomic and bank call report data and it then overlays proprietary industry and bank-specific data from Credit Risk Management and CenterState Bank to increase accuracy.
FISI: 24.14 (-0.27), CSFL: 10.97 (-0.22)
In First Cloud-Based STAC-M3 Benchmark, McObject and Lucera Set Records for Market Data Analysis
Marketwired - Wed Nov 19, 4:07PM CST
McObject(R), developer of the eXtremeDB(R) Financial Edition database management system (DBMS) for capital markets, and Lucera Financial Infrastructures, a premier provider of on-demand high-performance infrastructure to power electronic trading, announced the availability of a STAC Report(TM) on the first cloud-based STAC-M3(TM) benchmark assessing high-speed analytics on time series trading data. McObject and Lucera also announced a partnership in which Lucera will offer eXtremeDB Financial Edition as a service for applications hosted on the Lucera Compute(TM) high-performance, collocated cloud computing infrastructure for financial institutions.
FISI: 24.14 (-0.27)
Financial Institutions declares $0.20 dividend
Seeking Alpha - at Seeking Alpha - Wed Nov 19, 3:31PM CST
FISI: 24.14 (-0.27)
S&P Applies Revised Ratings Methodologies to CFC
Marketwired - Fri Dec 12, 4:31PM CST
Standard & Poor's Ratings Services (S&P) has revised its Issue Credit Ratings methodology for nonbank financial institutions (NBFIs), resulting in a change in the rating of senior secured debt issued by the National Rural Utilities Cooperative Finance Corporation (CFC) from A+ to A. S&P affirmed its issuer credit rating of CFC at A with a change in outlook to "negative" based on its revised rating methodology for NBFIs.
FISI: 24.14 (-0.27)
Federal Housing Finance Agency Reinstates Funding for Capital Magnet Fund
Marketwired - Fri Dec 12, 10:11AM CST
The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac to begin allocating dollars to the Capital Magnet Fund, reversing its temporary suspension on funding for the program. The decision comes after a dedicated and prolonged effort by some of the nation's leading Community Development Financial Institutions (CDFIs) -- Capital Impact Partners, IFF, The Low Income Investment Fund and The Reinvestment Fund -- which have advocated that policymakers support funding for the Capital Magnet Fund.
FISI: 24.14 (-0.27)
Program Managers Forum in San Diego Draws Interactive Discussions on Growing Investment Programs as In-person Visits to Financial Institutions Diminish
Business Wire - Thu Dec 11, 11:51AM CST
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, recently hosted investment program executives from around the nation at the CFS/SPF Program Managers Forum in San Diego. The annual conference is a two-day educational event for program managers of financial institution investment programs.
FISI: 24.14 (-0.27)
Malauzai Software Launches SmartMarketing to Help Community Financial Institutions Increase Mobile Adoption
Business Wire - Thu Dec 11, 8:04AM CST
Malauzai Software, a provider of mobile banking SmartApps for community financial institutions, has launched its SmartMarketing program for community banks and credit unions to help drive adoption of mobile banking. The SmartMarketing program teaches employees about mobile banking and trains branch staff on how to promote the SmartApp to existing and potential account holders. Lubbock, Texas-based Vista Bank has found success through their use of the SmartMarketing program thus far.
FISI: 24.14 (-0.27)
iMaximize Social Security Unveils Social Security Benefits Calculator Designed for Financial Institutions and Advisors
PR Newswire - Wed Dec 10, 7:30AM CST
Online Social Security benefits calculator iMaximizeSocialSecurity.com has expanded its services to financial institutions and advisors, offering customizable integrated access to the company's proprietary benefits calculator.
FISI: 24.14 (-0.27)
Hyosung Poll Reveals Nearly 50% of Financial Institutions Undergoing Branch Transformation
Business Wire - Mon Dec 08, 8:01AM CST
Hyosung, the fastest growing supplier of ATMs in North America and the market leader in Branch Transformation solutions, today released poll results on the future of the self-service banking market and the trends driving the evolution of branch transformation. Conducted on a recent Hyosung webinar, poll respondents included nearly 100 executives within the banking industry.
FISI: 24.14 (-0.27)
Wolters Kluwer Financial Services Adds ERM Consultant to Growing Consulting Practice
Business Wire - Thu Dec 04, 8:00AM CST
Wolters Kluwer Financial Services announced today it continues to expand its consulting practice with the addition of Pamela Govostes, who joins the company as an enterprise risk management consultant. In this role, Govostes will advise clients on risk management strategies and provide risk management consulting services on large-scale OneSumX(R) GRC implementations.
FISI: 24.14 (-0.27)
Crossing-Tech Selects C24 Technologies to Provide an Advanced Intelligent Business Operations Solution for Banks and Financial Institutions
Business Wire - Wed Dec 03, 2:00AM CST
C24 Technologies (C24), a global leader in financial services messaging and integration solutions, today announced a partnership with Crossing-Tech, a trusted provider of IT solutions. Crossing-Tech will embed C24 Integration Objects (C24-iO) into Connectivity Factory(TM) enabling banks and financial firms to gain real-time business insight into activities such as fraud, regulatory compliance, financial transactions and governance.
FISI: 24.14 (-0.27)
Esposito Securities Hires Vice President of Investment Banking
PR Newswire - Tue Dec 02, 10:00AM CST
Esposito Securities, LLC, a financial services firm providing institutional trading services for a growing list of clients, including registered investment advisors, hedge funds, mutual funds, ETFs, closed end funds and unit investment trusts, announced today that it has named Chris Malehorn as Vice President of Investment Banking for the firm's newly formed Financial Institutions Group (FIG).
FISI: 24.14 (-0.27)
Space Coast Credit Union Joins the More Than 50 Financial Institutions That Have Selected DNA Since Fiserv Acquired Open Solutions
Business Wire - Tue Dec 02, 8:02AM CST
--Modern architecture, member-centric design and Fiserv partnership were key factors in the selection of DNA
FISV: 68.35 (-1.58), FISI: 24.14 (-0.27)
BMO Financial Group Announces Intention to Repurchase Up to 15 Million of its Common Shares
Marketwired - Tue Dec 02, 6:08AM CST
Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX), to purchase, for cancellation, up to 15 million of its common shares under a normal course issuer bid through the facilities of the TSX. Bank of Montreal (the Bank) intends to file a notice of intention with the TSX in this regard.
BMO: 67.51 (-0.27), BMO.TO: 78.09 (-0.12), FISI: 24.14 (-0.27)
VSoft to Present Webinar on RDC Platform Expansion
PRWeb - Tue Dec 02, 2:23AM CST
VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced they will be presenting an upcoming webinar on Wednesday, December 17, 2014. Christian Tomooka - Senior Solutions Engineer, VSoft Corporation, will present the webinar "RDC Platform Expansion - How a Unified RDC Platform Drives Efficiencies". Financial Institutions that are evaluating their remote deposit capture strategy for its retail and commercial clients will benefit from this session. The webinar will highlight how ease of use, solution integration and risk mitigation create a simple and effective RDC platform. To register, go to https://www4.gotomeeting.com/register/246276175.
FISI: 24.14 (-0.27)
Dividend Champions For December 2014
David Fish - at Seeking Alpha - Sat Nov 29, 6:40AM CST
ASH: 115.61 (-1.13), SNA: 132.65 (-2.05), HIFS: 82.03 (-1.80), PSA: 182.14 (-2.33), FISI: 24.14 (-0.27), KMP: 102.03 (+1.98), SDRL: 11.06 (-0.15), AET: 87.30 (-0.82), NP: 57.25 (-0.95), SYBT: 31.63 (-0.50), ROK: 104.80 (-2.09), EMCI: 32.28 (-0.01), CHS: 15.60 (+0.29), WFM: 48.32 (+0.62), PCTI: 8.33 (unch), CBL: 19.22 (-0.09), AFSI: 56.87 (-0.58), WTI: 5.68 (-0.22), WPPGY: 100.09 (-3.08), UG: 19.18 (+0.12), EPB: 44.10 (+1.05), ABC: 90.98 (-1.57), GGP: 27.15 (-0.05), GPI: 88.97 (-1.41), APTS: 8.65 (+0.01), ESV: 27.04 (-0.80), HCI: 43.14 (+0.01), TRNO: 20.02 (+0.14), EL: 73.03 (-0.98), DOW: 43.35 (-2.66), CLMT: 22.85 (-0.60), WEN: 8.71 (+0.03), JCI: 46.12 (-1.18)
Azzad Participates in AAOIFI-World Bank Conference on Islamic Finance
PR Newswire - Tue Nov 25, 3:35PM CST
Representatives from Azzad Asset Management joined leading scholars and senior representatives from central banks, financial institutions, and regulators from over 35 countries this month in the Kingdom of Bahrain for an annual conference on Islamic finance organized by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Organized in cooperation with the World Bank and under the auspices of the Central Bank of Bahrain, the conference focused on integrating Islamic finance into global reporting standards and its compatibility with the legal systems of non-Muslim majority countries, including those in the West.
FISI: 24.14 (-0.27)
Anchor Bancorp Announces Lifting of Anchor Bank's Supervisory Directive
GlobeNewswire - Mon Nov 24, 9:23AM CST
Anchor Bancorp (Nasdaq:ANCB) ("Company"
, the holding company for Anchor Bank ("Bank" , announced the termination of the Supervisory Directive that the Bank had entered into with the Washington Department of Financial Institutions ("DFI" on September 4, 2012. The termination of the Supervisory Directive was effective on November 20, 2014. FISI: 24.14 (-0.27), ANCB: 20.24 (-0.52)
Here Are 5 More Companies Leading The Way With Higher Dividend Payments
James Jenckes - at Seeking Alpha - Fri Nov 21, 6:35PM CST
FISI: 24.14 (-0.27), SYY: 39.33 (-0.80), WMB: 42.76 (-1.37), JCI: 46.12 (-1.18)
CenterState Bank and Credit Risk Management Make an Online Enterprise Risk Management Application Available to Community Banks
PR Newswire - Thu Nov 20, 8:21AM CST
CenterState Banks, Inc. (NASDAQ: CSFL) and Credit Risk Management, L.L.C. announced today that they will offer a proprietary online application that will provide community banks a suite of analytics to monitor and manage risk. The Executive Risk Management Analytics ("ERMA"
application is currently free to all community banks and has credit stress, loan review, probability of default, macroeconomic data, bank performance data and a complete community-bank-specific enterprise risk map. The application starts with high-level macroeconomic and bank call report data and it then overlays proprietary industry and bank-specific data from Credit Risk Management and CenterState Bank to increase accuracy. FISI: 24.14 (-0.27), CSFL: 10.97 (-0.22)
In First Cloud-Based STAC-M3 Benchmark, McObject and Lucera Set Records for Market Data Analysis
Marketwired - Wed Nov 19, 4:07PM CST
McObject(R), developer of the eXtremeDB(R) Financial Edition database management system (DBMS) for capital markets, and Lucera Financial Infrastructures, a premier provider of on-demand high-performance infrastructure to power electronic trading, announced the availability of a STAC Report(TM) on the first cloud-based STAC-M3(TM) benchmark assessing high-speed analytics on time series trading data. McObject and Lucera also announced a partnership in which Lucera will offer eXtremeDB Financial Edition as a service for applications hosted on the Lucera Compute(TM) high-performance, collocated cloud computing infrastructure for financial institutions.
FISI: 24.14 (-0.27)
Financial Institutions declares $0.20 dividend
Seeking Alpha - at Seeking Alpha - Wed Nov 19, 3:31PM CST
FISI: 24.14 (-0.27)
