Latest news with #AmericanBanker
Yahoo
15-05-2025
- Business
- Yahoo
Huntington makes commercial banking push in Florida
Huntington Bancshares is joining a wave of out-of-state banks that are seeking to take advantage of Florida's growing economy. The Columbus, Ohio-based bank announced Thursday that it will continue to expand its footprint, starting with middle-market services anchored in Fort Lauderdale. Huntington's commercial banking push in Florida follows major investments to scale its business in North Carolina, South Carolina and Texas. Heath Campbell, regional president of the Carolinas region, told American Banker that the company's latest bet on a new state was opportunistic. Huntington was able to bring on a two-person middle-market banking team to kickstart its services in the Sunshine State, according to Campbell, who's overseeing the bank's Florida's strategy. "If I'd have thought back several months ago, I don't know that I said, 'Man, we're ready for Florida,'" Campbell said. "But all of a sudden, two amazing leaders emerged, and it became obvious very quickly, not just with me, but the executive leadership team, that this is the right time." Huntington Chairman and CEO Steve Steinour has been vocal about the bank's focus on playing offense with its investments. He said in January that the bank's priority was organic growth by entering new markets and niches. "We really like this equation," Steinour said at the time. "We believe we have significant core opportunities for growth, as well as with these new investments, and we're very focused on that. The business is performing exceptionally well." To roll out the Florida business, Huntington hired two long-time bankers from Truist Financial, where Campbell also worked until 2023. Josh Sheradsky, who's been a middle-market banker in South Florida for more than 10 years, will lead Huntington's efforts in the state. Monica Olsen joined the team as a senior executive relationship manager. Huntington said the group will also aim to connect middle-market clients in Florida with the bank's other offerings, like wealth management and investment banking. Huntington operates a private banking office in Naples, Florida. Specific growth goals for the Florida team are still under wraps, but Campbell said Huntington has "plenty to harvest" from the investments it's made. "We're entering with a middle-market banking strategy," Campbell said. "That's what we're focused on today. As this strategy unfolds, we'll see where that journey takes us." As Huntington looks to expand, it makes sense to jump on regions that are seeing stronger population growth and bigger GDP gains, Campbell said. Still, the bank didn't cast a net toward Florida until it found the right team to hire. "As we look at all those markets that have compelling demographics, population, economy, growth and scale, those are always going to be nationally attractive for financial services to enter," Campbell said. "I think it's really neat to work for an organization that says, 'Let's start with the people.'" But Huntington will be one of many fish in the seaside state. Since the COVID-19 pandemic, Florida has become a hot spot for businesses looking to migrate. Banks of various sizes from around the country have followed suit. JPMorgan Chase, Citizens Financial Group, First Horizon Corp. and Vista Bancshares are just some of the lenders that recently made plays to capture more market share in the state. "Florida has continually, especially South Florida, been the most competitive banking market," Hope Dmuchowski, chief financial officer at First Horizon, said during an industry conference in March. She said Memphis, Tennessee-based First Horizon was still seeing strong performance in the market. Citizens Chief Financial Officer John Woods said at the same conference that his bank's efforts to capture more market share in Florida and California would help the bank to hit its profitability targets. The Ohio bank's buildout in Florida mirrors the blueprint it used to bolster operations in Texas last year. In February 2025, the bank said it expects the Lone Star State business, which operates offices in Dallas and Houston, to be profitable within the next 12 months. The $210 billion-asset company bank also made moves to roll out operations in North Carolina and South Carolina at the end of 2023. The play in the Carolinas marked the first time Huntington had taken on a geographic expansion outside of an acquisition, Campbell said. Less than a year after launching, the Carolinas business hit profitability. Huntington said last fall that it would open 55 branches across the two states. Huntington has also worked to revamp its legacy Midwestern markets and build out industry verticals such as fund finance, Native American financial services and aerospace and defense. During the first quarter, loan growth from the additional verticals and the new geographies totaled $1.3 billion, or about half of the bank's total loan growth. Steinour said in April that he expected the bank's lending momentum to carry over into the spring and summer. "We are more optimistic than some, maybe many," Steinour told American Banker at the time. Error 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
Yahoo
13-05-2025
- Business
- Yahoo
Lendistry Selected as 2025 Best Place to Work in Fintech by American Banker
The community-driven fintech employs almost 300 people throughout the U.S. LOS ANGELES, CALIFORNIA / / May 13, 2025 / Lendistry announces today that it was named one of American Banker's Best Places to Work in Fintech of 2025. American Banker recognized Lendistry as a great place to work for its mission-driven operation that enables employees to make a difference, support for employees' work-life balance and environment that empowers every individual to thrive in their role. "Being named one of the Best Places to Work in Fintech for 2025 is a reflection of our team's unwavering commitment to our mission," says Leeann J. Lynch, Chief Strategy Officer at Lendistry. "As a purpose-driven organization, we know our greatest competitive advantage is the talent, heart and dedication of our people. They are the reason we continue to deliver meaningful impact to the communities we serve and make extraordinary things possible." American Banker creates its annual list of the best places to work in fintech using a two-part selection system. Applicants must first provide information from several departments about their workplace such as the company's policies and benefits provided. Employees must then complete a survey with questions about growth and learning opportunities within the company, leadership, company culture and more. About Lendistry Lendistry ( is a tech-enabled small businesses lender, grant administrator for private and public agencies, and a trusted resource for undercapitalized entrepreneurs including people of color, veterans, and those in rural communities. Founded in 2015, Lendistry has used technology and community partnerships to deploy over $10 billion in its first ten years. Lendistry was recently named the winner of the LA Area Chamber of Commerce Corporate Leadership Award and BankRate's Best Minority-Led Business Lender. Lendistry has both Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certifications, is an SBA Preferred Lender and is now the #2 non-bank SBA 7(a) lender in the country. In collaboration with The Center by Lendistry, a nonprofit business education organization, Lendistry helps business owners achieve their goals and prepare to scale. Contact Information Kate Kearns Sr. Communications Managercommunications@ SOURCE: Lendistry View the original press release on ACCESS Newswire
Yahoo
13-05-2025
- Business
- Yahoo
Tyfone Named a Best Place to Work in Fintech by American Banker
~ Digital banking fintech recognized for exceptional company culture ~ PORTLAND, Ore., May 13, 2025--(BUSINESS WIRE)--Tyfone, a digital banking provider, today announced it has been named one of American Banker's 2025 Best Places to Work in Financial Technology. Tyfone was recognized for its culture that values autonomy, transparency and continuous learning. Recent employee feedback highlighted they are challenged to use their unique skills and are motivated to reach new levels. "This recognition reflects more than just a great workplace – it highlights a team that believes in purpose-driven innovation and authentic collaboration," said Dr. Siva Narendra, CEO of Tyfone. "We've built a culture where people feel empowered to challenge, create, and grow. Being named one of the Best Places to Work in Financial Technology, two years in a row, is a testament to the exceptional people who make Tyfone what it is." Tyfone's team of inventors and innovators is focused on building digital banking tools that meet evolving consumer needs. The company emphasizes a flat organizational structure, enabling employees to make decisions, experiment and grow without excessive hierarchy. This approach cultivates mutual trust and team collaboration, as well as work-life balance. By aligning its mission with the principle of "people helping people," Tyfone empowers its team to make meaningful impacts on the financial well-being of communities. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. Companies recognized on this year's list operate in and serve companies and consumers in a wide range of financial services including banking and mortgages, insurance, payments and financial advisory. The 2025 list included 29 companies and was published by Arizent brands American Banker, National Mortgage News, Financial Planning and Digital Insurance on May 12, 2025. "The Best Places to Work in Fintech ranking is a glimpse into the company practices and policies that are popular with employees in the financial sector," said Penny Crosman, executive editor, technology at American Banker. "This year's honorees can serve as an inspiration or nudge to companies looking to attract and retain top talent." Companies from across the United States entered a two-part survey process to determine Arizent's Best Places to Work in Fintech. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process, analyzed the data and determined the final ranking. For more information on Tyfone's culture and mission, visit About American Banker American Banker is the essential resource for senior executives in banking and financial services, keeping its users updated on vital developments and focusing sharply on their most important concerns — innovation, transformation, and disruption; technology, regulation, and reform. Financial industry professionals turn to American Banker, every day and throughout the day to stay maximally informed — drilling down on complex issues, keeping up with breaking news, and downloading research and data. For more information on Arizent's Best Places to Work in Fintech program, including full eligibility criteria, visit or contact Penny Crosman at About Tyfone Inc. Based in Portland, Ore., Tyfone is a leading provider of consumer and commercial digital banking services for community financial institutions throughout the U. S. We understand that an elegant, engaging, intuitive user experience is the minimum requirement for any digital banking provider. What differentiates Tyfone is our unwavering commitment to continuous innovation, exceptional collaboration and superior execution. We consider each customer a true partner and place the highest value on every relationship. To learn more about Tyfone, visit and connect on LinkedIn. View source version on Contacts MEDIA CONTACTS: Laura Lenz // Anna Stanleylaura@ // anna@ 678.781.7226 // 251.517.7857
Yahoo
13-05-2025
- Business
- Yahoo
KlariVis Named One of American Banker's Best Places to Work in Fintech for Third Consecutive Year
Banking data and analytics company recognized for excellence in workplace culture ROANOKE, Va., May 13, 2025--(BUSINESS WIRE)--KlariVis, a pioneer in optimizing banking data analytics, has been named one of American Banker's 2025 Best Places to Work in Fintech for the third year in a row. Organized by Arizent, parent company of American Banker and Best Companies Group, this annual survey and awards program is designed to identify, recognize, and honor the best employers in the financial technology industry. "Being named one of American Banker's Best Places to Work in Fintech for the third year in a row is a direct reflection of the extraordinary team we've built at KlariVis," said Kim Snyder, founder and CEO of KlariVis. "Our culture is rooted in trust, passion, and a shared commitment to making a real impact in the banking industry. I'm incredibly proud of the environment we've created – one where team members feel empowered, valued, and connected to a meaningful purpose." This recognition adds to a growing list of honors for KlariVis, highlighting its continued leadership, growth, and workplace excellence. The company was named to the 2024 Inc. 5000 and 2025 Inc. Regionals lists, recognizing its rapid and sustained growth. It was also selected as a 2024 Inc. Power Partner for its measurable impact on helping other companies scale. Kim Snyder also earned a spot on Inc.'s 2025 Female Founders 500, celebrating top women entrepreneurs across the country. Most recently, KlariVis was further honored as one of Virginia Business Magazine's 2025 Best Places to Work and Best Women-Owned Businesses in Virginia, reinforcing its strong cultural foundation and leadership in the Commonwealth. Companies from across the United States entered a two-part survey process to determine the list. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking, where KlariVis landed at number 16. "The Best Places to Work in Fintech ranking is a glimpse into the company practices and policies that are popular with employees in the financial sector," said Penny Crosman, executive editor, technology at American Banker. "This year's honorees can serve as an inspiration or nudge to companies looking to attract and retain top talent." You can find the complete list of companies recognized at About KlariVis KlariVis is a data analytics platform built by former community bank executives to help financial institutions turn their data into actionable insights. By consolidating and simplifying data from across the bank, KlariVis empowers teams to make informed decisions that drive growth, efficiency, and customer impact. Built on a modern technology stack, KlariVis eliminates the need for manual reporting, allowing banks to focus on strategy, performance, and innovation. KlariVis: The banking intelligence platform built by bankers. To learn more, visit View source version on Contacts Media Contact Gracie GayWilliam Mills Agencygracie@ KlariVis Contact Erica StarrChief Marketing Officerericastarr@ Error 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
Business Wire
13-05-2025
- Business
- Business Wire
KlariVis Named One of American Banker's Best Places to Work in Fintech for Third Consecutive Year
ROANOKE, Va.--(BUSINESS WIRE)-- KlariVis, a pioneer in optimizing banking data analytics, has been named one of American Banker's 2025 Best Places to Work in Fintech for the third year in a row. Our culture is rooted in trust, passion, and a shared commitment to making a real impact in the banking industry. I'm incredibly proud of the environment we've created – one where team members feel empowered, valued, and connected to a meaningful purpose. Share Organized by Arizent, parent company of American Banker and Best Companies Group, this annual survey and awards program is designed to identify, recognize, and honor the best employers in the financial technology industry. 'Being named one of American Banker's Best Places to Work in Fintech for the third year in a row is a direct reflection of the extraordinary team we've built at KlariVis,' said Kim Snyder, founder and CEO of KlariVis. 'Our culture is rooted in trust, passion, and a shared commitment to making a real impact in the banking industry. I'm incredibly proud of the environment we've created – one where team members feel empowered, valued, and connected to a meaningful purpose.' This recognition adds to a growing list of honors for KlariVis, highlighting its continued leadership, growth, and workplace excellence. The company was named to the 2024 Inc. 5000 and 2025 Inc. Regionals lists, recognizing its rapid and sustained growth. It was also selected as a 2024 Inc. Power Partner for its measurable impact on helping other companies scale. Kim Snyder also earned a spot on Inc.'s 2025 Female Founders 500, celebrating top women entrepreneurs across the country. Most recently, KlariVis was further honored as one of Virginia Business Magazine's 2025 Best Places to Work and Best Women-Owned Businesses in Virginia, reinforcing its strong cultural foundation and leadership in the Commonwealth. Companies from across the United States entered a two-part survey process to determine the list. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking, where KlariVis landed at number 16. "The Best Places to Work in Fintech ranking is a glimpse into the company practices and policies that are popular with employees in the financial sector,' said Penny Crosman, executive editor, technology at American Banker. 'This year's honorees can serve as an inspiration or nudge to companies looking to attract and retain top talent.' You can find the complete list of companies recognized at About KlariVis KlariVis is a data analytics platform built by former community bank executives to help financial institutions turn their data into actionable insights. By consolidating and simplifying data from across the bank, KlariVis empowers teams to make informed decisions that drive growth, efficiency, and customer impact. Built on a modern technology stack, KlariVis eliminates the need for manual reporting, allowing banks to focus on strategy, performance, and innovation. KlariVis: The banking intelligence platform built by bankers. To learn more, visit .
