Northpointe Bank and Seeds of Promise Partnership Helps Homeowners Repair and Improve Their Homes

Northpointe Bank believes in the value of building trusted life-long relationships with the communities it serves. One of the ways Northpointe does this is by accessing grant funds from the Federal Home Loan Bank (FHLB) of Indianapolis each spring to provide assistance to low and moderate income borrowers in Kent County. Many homeowners require critical repairs to … Read more

Remitbee Launches 100% Online Currency Exchange for Canadian Markets

Remitbee online money transfer, a company specializing in digital remittances, is thrilled to announce that it has expanded its services to online currency exchange. As remote work has become the norm, many Canadian professionals have the opportunity to work for companies overseas and receive their pay in a currency different from Canadian dollars. Remitbee online … Read more

Free Access to Loan Participation Software for Banks Needing to Participate Out Some of Their PPP Loans

BankLabs is offering free access to Participate, its loan participation automation platform, to help financial institutions manage the influx of PPP loans. This is a historic time for banks that are actively working to serve their communities by processing paycheck protection program loan applications as quickly as possible. To manage loan limits and their balance … Read more Launches Regulated Cryptocurrency Exchange, the Liechtenstein Cryptoassets Exchange, today announces the launch of its regulated and compliant digital currency exchange. LCX secured approvals of eight licenses under the new Blockchain laws in Liechtenstein last week. The LCX Exchange is a regulated trading venue offering a range of digital currencies. The cryptoassets trading platform has been built from the … Read more

Northpointe Bancshares, Inc. Closes Non-Cumulative Perpetual Preferred Stock Offering

Northpointe Bancshares, Inc. (“Northpointe”), parent company of Northpointe Bank, announced today that it has completed a private placement of 3,800,000 depositary shares, each representing a 1/40th interest in a share of its 8.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, to certain qualified institutional buyers and accredited investors. Each preferred share has a liquidation preference of … Read more