Latest news with #AmerantBank
Globe and Mail
16 hours ago
- Business
- Globe and Mail
AMERANT BANK ANNOUNCES HIRE OF ELLIOT SHAFER AS NEW HEAD OF BUSINESS DEVELOPMENT
MIAMI, FL, June 09, 2025 (GLOBE NEWSWIRE) -- Amerant Bank, Florida's bank of choice with a growing presence across South Florida, has named Elliot Shafer as SVP, Head of Business Development. In this key role, Shafer will support Amerant's growth by identifying, evaluating, and pursuing business opportunities that align with Amerant's strategic objectives across all lines of business. 'We are excited to welcome Elliot to the team,' said Jerry Plush, Chairman and CEO. 'His extensive experience in business development makes him an excellent fit for this role. I am confident that his leadership will help us achieve our strategic objectives and deliver exceptional value to our clients.' As Head of Business Development, Shafer will lead initiatives to expand Amerant Bank's market presence in Florida. This includes developing networks, establishing and nurturing key partnerships, and promoting cross-selling activities across all areas of the bank. He will play a critical role in enhancing Amerant's influence and impact across our communities. 'I am thrilled to join the Amerant Bank team and contribute to the bank's continued growth and success,' said Shafer. 'Amerant has a strong reputation for building meaningful relationships with its customers, and I look forward to developing new opportunities and partnerships that will strengthen the bank's position in the market.' Shafer is a graduate of Wayne State University's Mike Ilitch School of Business. He brings a wealth of experience in commercial and business banking to Amerant. Most recently, he served as Senior Vice President, Market Director at Huntington National Bank. Prior to that, he held middle market leadership roles for TCF Bank and its predecessor companies. ### About Amerant Bank Amerant Bank, N.A., is Florida's bank of choice and the main subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). With a presence across South Florida and Tampa, FL, the bank has been serving clients for over 40 years and comprises subsidiaries Amerant Investments and Amerant Mortgage. Rooted in the communities it serves, Amerant supports numerous non-profit and community organizations. In 2022, 2023 and 2024, the Company was certified as a Most Loved Workplace® by Best Practice Institute. For news and updates, visit the Amerant Newsroom. Attachment Elliot Shafer
Yahoo
16 hours ago
- Business
- Yahoo
AMERANT BANK ANNOUNCES HIRE OF ELLIOT SHAFER AS NEW HEAD OF BUSINESS DEVELOPMENT
Elliot Shafer MIAMI, FL, June 09, 2025 (GLOBE NEWSWIRE) -- Amerant Bank, Florida's bank of choice with a growing presence across South Florida, has named Elliot Shafer as SVP, Head of Business Development. In this key role, Shafer will support Amerant's growth by identifying, evaluating, and pursuing business opportunities that align with Amerant's strategic objectives across all lines of business. 'We are excited to welcome Elliot to the team,' said Jerry Plush, Chairman and CEO. 'His extensive experience in business development makes him an excellent fit for this role. I am confident that his leadership will help us achieve our strategic objectives and deliver exceptional value to our clients.' As Head of Business Development, Shafer will lead initiatives to expand Amerant Bank's market presence in Florida. This includes developing networks, establishing and nurturing key partnerships, and promoting cross-selling activities across all areas of the bank. He will play a critical role in enhancing Amerant's influence and impact across our communities. 'I am thrilled to join the Amerant Bank team and contribute to the bank's continued growth and success,' said Shafer. 'Amerant has a strong reputation for building meaningful relationships with its customers, and I look forward to developing new opportunities and partnerships that will strengthen the bank's position in the market.' Shafer is a graduate of Wayne State University's Mike Ilitch School of Business. He brings a wealth of experience in commercial and business banking to Amerant. Most recently, he served as Senior Vice President, Market Director at Huntington National Bank. Prior to that, he held middle market leadership roles for TCF Bank and its predecessor companies. ### About Amerant Bank Amerant Bank, N.A., is Florida's bank of choice and the main subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). With a presence across South Florida and Tampa, FL, the bank has been serving clients for over 40 years and comprises subsidiaries Amerant Investments and Amerant Mortgage. Rooted in the communities it serves, Amerant supports numerous non-profit and community organizations. In 2022, 2023 and 2024, the Company was certified as a Most Loved Workplace® by Best Practice Institute. For news and updates, visit the Amerant Newsroom. Attachment Elliot Shafer CONTACT: Alexis Dominguez Amerant Bank 3054415541 mediarelations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
4 days ago
- Business
- Forbes
May Jobs Report: On The Surface, It Seems Good. It's Not.
SUNRISE, FLORIDA - JUNE 26: Job seekers attends the South Florida Job Fair held at ... More the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. More than 50 companies set up booths to recruit people from entry-level to management. Open jobs include police officers, food service, security, sales reps, technicians, customer service, IT, teacher assistants, insurance agents, and account executives. (Photo by) The American job market added 139,000 jobs in May, slightly exceeding expectations of 126,000, and the unemployment rate remained at 4.2%. Good, right? No. That would be like your doctor taking a brief glance at you and declaring you're OK without checking your blood pressure, listening to your heart and lungs, or drawing blood. That's how deceptive this all is. With May now in the books, 2025 is on pace to create 1.49 million jobs, the lowest number since 2010, when we were climbing out of the Great Recession. That's barely what is needed to keep with population growth, the labor force participation rate, and the employment-population ratio. Furthermore, April's numbers have been revised downward by 30,000 to 147,000, and March and April actually created 95,000 fewer jobs than originally reported. The job market is much weaker than it initially appears. For instance, health care added 62,000 jobs in May, while leisure and hospitality created 48,000 jobs. Together, the two sectors accounted for 79% of all jobs created in May. Add the 16,000 jobs created in social assistance and we come to 90% of all jobs created in May. That kind of disproportionate growth is worrisome. A harmonious job market as a driver of a healthy economy tends to create jobs across the board, a hallmark of the job market during the previous four years, the best four-year stretch in history. Completing the picture, employment showed little change over the month in all other major industries. Federal government employment continued to decline in May by 22,000 and is down by 59,000 in 2025. Note the rising rate in May; none of us knows the real extent of this, of course, as many of the firings that DOGE perpetrated are still in flux. But so far in 2025, three out of eight job losses in the government employment sector took place in May. We can expect more job losses in this sector. All in all, not only did the civilian labor force shrink by 625,000, the ranks of the employed shrank by 696,000, and the ranks of the unemployed grew by 71,000. That's clearly an exodus; a significant number of people leaving the job market altogether. They just quit looking for work, and this amounts to overall job market shrinkage, a different measurement than job loss or creation. If the total population and the civilian non-institutional population grow, so should the labor force, or we'll face a growing inability to provide goods and services for both our domestic and international markets. That drop in the supply side capacity could fuel inflation. If it's any consolation, average hourly earnings for all employees on private nonfarm payrolls rose by 0.4%, or by 3.9%, over the past 12 months. Not only are May's numbers not what we'd like to see, the trend lines are all negative. It's not yet time to batten down the hatches, but it is time to make sure our ship is seaworthy.
Associated Press
17-03-2025
- Business
- Associated Press
AMERANT APPOINTS JEFFREY K. TISCHLER AS SEVP AND CHIEF CREDIT OFFICER
MIAMI, FL, March 17, 2025 (GLOBE NEWSWIRE) -- Amerant Bank, Florida's bank of choice with a growing presence across South Florida, is pleased to announce the appointment of Jeffrey K. Tischler as SEVP, Chief Credit Officer. In this role, Tischler will oversee the bank's Credit Services, Portfolio Management, and Credit Risk functions, ensuring strong credit quality, regulatory compliance, and strategic risk management. He will also serve as a key member of Amerant's Executive Management Committee. 'We are excited to welcome Jeff to Amerant Bank as his addition to our team will strengthen our credit and risk management capabilities, said Jerry Plush, Chairman and CEO of Amerant Bank. 'His extensive expertise in credit and portfolio management will be instrumental in our achieving our strategic growth agenda in a prudent and profitable manner.' Tischler brings over 20 years of experience in banking and credit risk management. Prior to joining Amerant, he served as the Chief Credit Officer at City National Bank in Los Angeles, CA, where he led credit oversight and credit risk management functions. He has also held senior leadership roles at Fifth Third Bank, including Credit Risk Executive, Head of Wholesale Excellence, and relationship management functions, including Senior Commercial Banker – Detroit Region. In addition to his Banking roles, Tischler has also held positions in investment management and consulting. His expertise spans credit adjudication, portfolio oversight, and commercial banking strategy. 'I am honored to join Amerant and contribute to the bank's strong tradition of prudent credit management and client-focused banking,' said Tischler. 'I look forward to working with the talented team at Amerant to drive strategic growth while maintaining the highest standards of credit quality and risk management.' Tischler earned a bachelor's degree in business administration from Eastern Michigan University. He has also been actively involved in the community, serving on the Board of Trustees for Camp Tamarack and Jewish Vocational Services in Detroit. Amerant Bank Amerant Investments and Amerant Mortgage. Rooted in the communities it serves, Amerant supports numerous non-profit and community organizations. In 2022, 2023 and 2024, the Company was certified as a Most Loved Workplace® by Best Practice Institute. For news and updates, visit the Amerant Newsroom.
