BofA investing up to $150 million in Middle-Income Housing Preservation Fund

BofA investing up to $150 million in Middle-Income Housing Preservation Fund Collaborating with Enterprise Community Partners and Developers to preserve housing for middle-income earners Bank of America Community Development Banking is investing up to $150 million in equity to preserve more than 3,000 affordable homes nationwide for middle-income households in partnership with Enterprise Community Partners [...]

2023-01-26T10:01:40-05:00Jan. 26, 2023|

Bank of America data finds that 2022 was a solid  year for consumer spending, but the new year brings new challenges

Bank of America data finds that 2022 was a solid  year for consumer spending, but the new year brings new challenges Bank of America Institute released new analysis today which shows that, while 2022 was a solid year for consumer spending, the New Year brings with it cross-currents for U.S. consumers, including a potentially weaker job market [...]

2023-01-13T10:01:26-05:00Jan. 13, 2023|

Florida First Capital remains top SBA lender

Florida First Capital remains top SBA lender   Florida First Capital Finance Corporation (FFC) is pleased to announce it is once again the top Small Business Administration (SBA) lender in Florida for fiscal year 2022. This is the 7th consecutive year FFC has been #1 statewide. Florida First Capital provided $348,713,000 in SBA dollars to small businesses [...]

2022-11-07T15:23:26-05:00Nov. 7, 2022|

Bank of America finds 66% of small business owners expect revenue increases; 52% plan to expand their businesses

Bank of America finds 66% of small business owners expect revenue increases; 52% plan to expand their businesses New report spotlights women and minority business owners, including challenges and overall business and economic outlook     Despite headwinds from supply chains, inflation and labor shortages, small business owners are forecasting a strong year ahead, according [...]

2022-10-17T16:08:34-04:00Oct. 17, 2022|

Florida SBDC IRSC teaches how to become a bankable business

Florida SBDC IRSC teaches how to become a bankable business     The Florida Small Business Development Center (SBDC) at Indian River State College (IRSC) in collaboration with the Florida Bankers Association will conduct and host the How to Become a Bankable Business seminar.  The event will take place on the IRSC Massey Campus Kight [...]

2022-10-10T14:16:42-04:00Oct. 10, 2022|

Bank of America study says offering financial wellness tools increases employee retention

Bank of America study finds 84% of employers say offering financial wellness tools increases employee retention 97% of employers feel responsible for employee financial wellness, with 91% seeing higher employee satisfaction when offering resources to manage overall wellbeing Bank of America announced findings from its 12th annual Workplace Benefits Report, "Navigating a New Era of [...]

2022-09-30T15:38:41-04:00Sep. 30, 2022|

Bank of America payments and spending data shows continued small business resiliency

Bank of America payments and spending data shows continued small business resiliency Small business payments per client increased 11% year over year in August; Card spending per client increased 13% year over year   The Bank of America Institute released a new publication which finds continued resilience in small businesses. New Bank of America small business data [...]

2022-09-19T15:00:34-04:00Sep. 19, 2022|

Marine Bank opens full-service banking center in Fort Pierce

Marine Bank opens full-service banking center in Fort Pierce     Bill Penney - President & CEO, Marine Bank Marine Bank has announced that it has opened a full-service banking center in the Seaway Plaza at 604 N. US Highway 1, Suite 604, in Fort Pierce.  Known as the former home of the [...]

2022-07-11T13:14:13-04:00Jul. 11, 2022|
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