Ohio lending – Columbus Chamber http://columbus-chamber.org/ Sun, 16 May 2021 05:30:11 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://columbus-chamber.org/wp-content/uploads/2021/05/cropped-icon-32x32.png Ohio lending – Columbus Chamber http://columbus-chamber.org/ 32 32 Youngstown workshop aims to help bridge the digital divide and connect people to the internet https://columbus-chamber.org/youngstown-workshop-aims-to-help-bridge-the-digital-divide-and-connect-people-to-the-internet/ https://columbus-chamber.org/youngstown-workshop-aims-to-help-bridge-the-digital-divide-and-connect-people-to-the-internet/#respond Sat, 15 May 2021 22:40:23 +0000 https://columbus-chamber.org/youngstown-workshop-aims-to-help-bridge-the-digital-divide-and-connect-people-to-the-internet/ The goal of the Oak Hill Collaborative is to revitalize the neighborhood with the goal of improving the quality of life by: Taylor Long Posted: May 15, 2021 / 6:40 p.m. EDT / Update: May 15, 2021 / 6:49 p.m. EDT YOUNGSTOWN, Ohio (WKBN) – Oak Hill Avenue is a main street on the south […]]]>


The goal of the Oak Hill Collaborative is to revitalize the neighborhood with the goal of improving the quality of life

YOUNGSTOWN, Ohio (WKBN) – Oak Hill Avenue is a main street on the south side of Youngstown. The goal of the Oak Hill Collaborative is to revitalize the neighborhood with the goal of improving the quality of life.

However, lately the collaboration has decided to connect as many people as possible to the internet.

They were on Saturday again, telling people about a government program that includes internet access and computers.

Oak Hill Collaborative hosted a workshop on the Benefits of Emergency Broadband on Saturday, showing what the benefits are and how they are helping people bridge the digital divide.

“One computer at a time, one happy customer at a time,” said Anthony Hake, CIO at Oak Hill Collaborative.

The workshop on Saturday helped people sign up for $ 50 a month on their Internet service and possibly get hundreds of dollars off a computer thanks to the federal stimulus package.

“The job we’re doing here is to give them a hand and help them get out of that pit and use email, scan their identities and whatever else might be needed,” Hake said.

“We took the initiative to help people go through the process, and we have navigators, you know, people who will sit down with you and go through all the paperwork,” said Pat Kerrigan, executive director. Oak Hill Collaborative.

Kerrigan says low- and middle-income individuals or families can come and subscribe to these benefits.

He says internet access for everyone is crucial these days, especially since almost everything is done online.

“With everyone closed or partially closed, we will never go back to the way we were before, and therefore, we will be relying on the Internet to communicate, do business and enjoy the quality of life. Kerrigan said.

He says these skills are another tool in the toolkit, and the people who come in and get help from their programs are excited to learn.

“I’m really grateful for this opportunity as it could help me a lot,” said Beverly Nemes, a Struthers resident.

Kerrigan hopes more and more people are using this program.



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CDC: More than 40% of Latino adults suffered from depression during pandemic https://columbus-chamber.org/cdc-more-than-40-of-latino-adults-suffered-from-depression-during-pandemic/ https://columbus-chamber.org/cdc-more-than-40-of-latino-adults-suffered-from-depression-during-pandemic/#respond Fri, 14 May 2021 13:16:39 +0000 https://columbus-chamber.org/cdc-more-than-40-of-latino-adults-suffered-from-depression-during-pandemic/ In other news, actor Eva Longoria joins program to strengthen mental health services for farm workers; the FDA cleared the first nighttime contact lenses to manage myopia; and Ohio and Georgia are joining the list of states that will opt out of enhanced federal unemployment benefits. Noticias Telemundo: Latin American mental health crisis grows during […]]]>


In other news, actor Eva Longoria joins program to strengthen mental health services for farm workers; the FDA cleared the first nighttime contact lenses to manage myopia; and Ohio and Georgia are joining the list of states that will opt out of enhanced federal unemployment benefits.

In other public health news –

WJCT 89.9 FM Jacksonville: FDA Approves First Night-Time Contact Lenses for Myopia Management

The Food and Drug Administration has approved the first orthokeratologic nighttime contact lenses that manage myopia, also known as myopia. Acuvue Abiliti Therapeutic Overnight Lenses, produced by Jacksonville-based Johnson & Johnson Vision, temporarily reshape a patient’s cornea to reduce the rate of axial elongation. Nearsightedness gets worse when there is axial lengthening in a person’s eyes or when the length of their eyeball increases. (Wood, 5/13)

CNN: How processed foods determine diet-related illnesses

As a nutritionist, I have been aware of many debates in the nutrition world about which foods keep us healthy and which foods actually cause disease. Different foods offer different nutritional benefits for overall health. And even packaged foods can be enjoyed as part of a healthy diet. “The food industry is working diligently to provide a consumer market full of healthy, accessible, and nutrient-dense food and drink choices,” said Krystal Register, dietetics and director of health and wellness at IMF. – The Food Industry Association, in a statement to CNN. But I do know that the bad eating habits I see are often linked to eating too many ultra-processed foods high in sugar, salt and unhealthy fats. (Drayer, 5/13)

The New York Times: How Exercise Can Help Us Thrive

Our exercise habits can influence our sense of purpose in life and our sense of purpose can affect the amount of exercise we do, according to an interesting new study on the reciprocal effects of feeling your life has meaning and meaning. be on the move often. The study, which involved more than 18,000 middle-aged and older men and women, found that those with the strongest sense of purpose early on were the most likely to become active over time, and vice versa. The results highlight just how intricate the relationship between physical activity and psychological well-being can be, and how the effects often work both ways. (Reynolds, 5/12)

NBC News: Two boys, 11 and 17, arrested in connection with violent robbery of elderly Asian man

Two boys, including an 11-year-old caught driving a stolen car, were arrested Wednesday after an elderly Asian man was violently robbed in northern California, officials said. The victim, 80, was walking near the 14200 block of Acapulco Road in San Leandro, about 12 miles south of downtown Oakland, on Saturday afternoon when two people in hoodies jumped on him and swept his Fitbit in an attack captured by a home security camera. . (Li, 05/13)

The Hill: Charged murderer Robert Durst diagnosed with bladder cancer, lawyers call for trial to be postponed indefinitely

Robert Durst, the subject of HBO’s crime documentary “The Jinx” who is on trial for murder, has been diagnosed with untreated bladder cancer, CNN reported Thursday, citing Durst’s lawyers. Durst’s legal team is now asking that his trial, which is scheduled to resume on Monday, be postponed indefinitely due to a “myriad of life-threatening health issues,” CNN reported. (Schnell, 05/13)

In the news on the economic record of Covid –

Bloomberg: McDonald’s and Amazon accelerate push towards higher minimum wage

As the U.S. economy rebounds from the ravages of Covid-19, the nation’s largest businesses find themselves in need of workers, putting upward pressure on wages. Retail giants, fast food chains and rideshare companies are offering higher wages and cash payments. Sponsorship and signing bonuses, previously rarely needed for low-paying jobs, are now commonplace. These incentives represent a slow but steady march towards a goal that lawmakers and union activists have pursued for years, with limited success: a higher minimum wage, approaching $ 15 an hour. (Sasso, 05/14)

This is part of the KHN Morning Briefing, a summary of coverage of health policy by major news organizations. Sign up for an email subscription.



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Biden administrator appeals to former CFPB chief Rich Cordray to oversee federal student loans https://columbus-chamber.org/biden-administrator-appeals-to-former-cfpb-chief-rich-cordray-to-oversee-federal-student-loans/ https://columbus-chamber.org/biden-administrator-appeals-to-former-cfpb-chief-rich-cordray-to-oversee-federal-student-loans/#respond Tue, 04 May 2021 00:45:58 +0000 https://columbus-chamber.org/biden-administrator-appeals-to-former-cfpb-chief-rich-cordray-to-oversee-federal-student-loans/ In an interview with POLITICO, Cordray said he was eager to take on work focused on improving access to higher education which is so “essential to people’s success and chances in life. “. Cordray said he will bring to the role his experience working on federal student loan issues at CFPB and recalled working with […]]]>


In an interview with POLITICO, Cordray said he was eager to take on work focused on improving access to higher education which is so “essential to people’s success and chances in life. “.

Cordray said he will bring to the role his experience working on federal student loan issues at CFPB and recalled working with the Department of Education during his tenure – an often strained interagency relationship under the Trump administration. .

Cordray noted that Rohit Chopra, President Biden’s candidate for the office of consumer affairs, was CFPB’s chief student loan officer for much of the Obama administration.

“We already have a close working relationship,” Cordray said. “So in many ways I think this is a perfect opportunity for us to make really good progress in thinking about how we fund and make higher education in the United States accessible to people for whom it is important. It is increasingly a critical step forward in their lives. “

Cordray is an ally of Senator Elizabeth Warren (D-Mass.), Who has led the progressive charge of overhauling the way the Department of Education manages its day-to-day student loan operations, oversees student loan service companies students and regulates colleges that receive federal student aid.

Warren, who lobbied for Cordray’s appointment, said in a statement that Cordray would “apply his fearlessness and expertise to protect student loan borrowers” and bring “a much needed responsibility to the federal student loan program.”

The position – officially called the Chief Operating Officer of Federal Student Aid – does not require confirmation from the Senate and is appointed by the Secretary of Education.

Rachel Thomas, spokesperson for the education department, confirmed that Cardona had appointed Cordray for a three-year term. She said Corday’s first day on the job would be Tuesday.

The leading Republican on the House Education Committee, Rep. Virginia Foxx (RN.C.), criticized the Cordray administration’s choice, which she ridiculed as a political selection.

“A $ 1.5 trillion student loan portfolio requires wise financial management,” Foxx said. “I am skeptical that a failed Democratic politician, who is used to being consumed by politics instead of dealing with consumers, has the ability and seriousness to serve as director of the operation of the FSA. “

Richard Hunt, the CEO of the Consumer Bankers Association, which represents private student lenders and argued with Cordray when he was director of CFPB, issued a more conciliatory note.

“For too long, politicians have ignored the root causes of the federal student debt crisis, and students and families have suffered,” Hunt said. “I hope Mr. Cordray can reverse this trend.”

But Cordray has won praise in other Republican corners. A. Wayne Johnson, who was appointed by DeVos as the Trump administration’s first student aid chief, endorsed Cordray for the role.

“I think there couldn’t be a better choice,” Johnson told POLITICO. “He understands government, he’s well respected by consumer advocates, he has the right skill set, and he understands regulatory oversight, which is a big part of the job.”

Corday’s appointment also significantly elevates the role of an Education Department post that has historically been relatively obscure. But in recent years it has become a major focus for progressives, who see it as essential to securing the student debt relief they demand as well as tightening regulation of the for-profit education and loan industries. students.

Cordray said he sees his new role, like many government jobs, as a combination of both operations and policies.

“Politics is just a light, theoretical thing without the cargo delivery operations, and I’ve seen it at CFPB. And I think the same will be true here, ”he said. “Certainly we are currently faced with major decisions regarding the federal student loan program, funding for education and what to do with the accumulated debt. These are policy matters, but they depend heavily on strong operations to make things work effectively, across the country. “

Cordray’s appointment comes as the Biden administration debates how to respond to demands from some Democrats, including Senate Majority Leader Chuck Schumer, that the Education Department to waive up to $ 50,000 federal student loan debt by borrower using executive action. The White House said it had tasked the education and justice departments to investigate the matter, a review which Cardona said on Monday was still ongoing.

Cordray said it was premature for anyone to draw any conclusions about what his appointment means over where the Biden administration will vote on the student debt cancellation issue. “There will be a number of important inputs into these” decisions, he said. “My voice will be part of it, but let’s not go too fast on this.”

“There are a lot of conversations to be had. Many legal analyzes have to be digested. A lot of political thinking needs to be done, ”Cordray added. “And I’m not ready to prejudge that by the time I get to this post.”

But beyond the fight for widespread debt cancellation, Cordray will be able to respond more immediately to other key progressive priorities. This includes fixing some of the existing targeted loan forgiveness programs, including those that target government officials, severely disabled borrowers, or students defrauded by their college.

Seth Frotman, who was the chief student loan officer at CFPB under Cordray after Chopra and now heads the Student Borrower Protection Center, an advocacy group, hailed the appointment as “a big step, showing that this administration is serious. to do what is necessary to protect borrowers and tackle the student debt crisis. “

Cordray’s appointment to the education department is sure to bring further scrutiny to the student loan industry as well. The CFPB, during his tenure as director, filed a series of lawsuits against for-profit educational companies over their lending practices. And he also filed a major complaint against Navient, one of the largest student loan managers hired by the Department of Education.

The most pressing challenge Cordray may face will be how the Department of Education revives monthly student loan payments for the 40 million Americans whose payments and interest have been suspended since March 2020.

In January, the Biden administration extended the break on monthly loan payments and interest to September 30 in response to the pandemic.

Cardona said on Monday that the Biden administration was open to a possible extension of that aid, but suggested it was unlikely. “This is not out of the question,” Cardona said in an address to the Education Writers Association’s annual conference. “But, at this point, it’s September 30” for the relief expiration.

Cardona said the education ministry will focus on helping borrowers “speed up” the resumption of monthly payments as that date approaches. Consumer groups and industry officials have both warned that the unprecedented reboot in payments could be chaotic for borrowers and lead to an increase in delinquencies and defaults.

As he takes the helm of the student aid bureau, Cordray will be tasked with making major new contracts with companies that collect federal student loan payments. Existing contracts, which are worth tens of millions of dollars, expire in the next few months.

Cordray will also be responsible for making major changes Congress made last year to the free app for federal student aid. The Student Aid Office, which hosts the major federal databases on tens of millions of student aid applicants and recipients, has also increasingly had to deal with growing threats and concerns. cybersecurity in recent years.

The Biden administration has been considering a range of candidates for the post since Mark A. Brown, a member of the Trump administration, resigned earlier this year under pressure from progressives and union leaders. Brown, who was appointed by then Education Secretary Betsy DeVos, left with a full year remaining on his three-year tenure.

Abigail Seldin, who runs a charitable foundation focused on equity in higher education, was among the shortlisted candidates for the post, though she has aroused the ire of some progressives over her work in a student loan collection company who bought his college. comparison tool.

“Student borrowers deserve top-notch modern tools,” Seldin said in a statement Monday. “Richard Cordray will lead FSA officials with the experience, seriousness and commitment to deliver what students have long needed.



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Third Federal Government Hosts Drive-In / Walk-In COVID-19 Vaccination Clinic https://columbus-chamber.org/third-federal-government-hosts-drive-in-walk-in-covid-19-vaccination-clinic/ https://columbus-chamber.org/third-federal-government-hosts-drive-in-walk-in-covid-19-vaccination-clinic/#respond Mon, 03 May 2021 20:43:00 +0000 https://columbus-chamber.org/third-federal-government-hosts-drive-in-walk-in-covid-19-vaccination-clinic/ CLEVELAND – (BUSINESS WIRE) – Third Federal is opening its Corporate Campus parking lot to support a drive / walk COVID-19 vaccination clinic on Thursday, May 6, with additional clinics scheduled for Thursday, May 13 and Thursday, May 20. in Cleveland’s Slavic Village neighborhood, the clinic is open to the public with pre-registration and caters […]]]>


CLEVELAND – (BUSINESS WIRE) – Third Federal is opening its Corporate Campus parking lot to support a drive / walk COVID-19 vaccination clinic on Thursday, May 6, with additional clinics scheduled for Thursday, May 13 and Thursday, May 20. in Cleveland’s Slavic Village neighborhood, the clinic is open to the public with pre-registration and caters to people living in the city of Cleveland’s most vulnerable zip codes.

Area code 44105, in the Slavic Village neighborhood, has the third lowest vaccination rate in town, with the adjacent area code, 44104, having the lowest rate.

The aim of the clinic is to provide a large-scale opportunity in the center of the neighborhood and on accessible bus lines to vaccinate as many residents as possible. Hundreds of vaccines can be delivered on each of the clinic dates to bring vaccines to as many residents as possible.

“We are committed to the communities we serve, especially our own neighborhood of Slavic Village,” said President and CEO Marc A. Stefanski. “Knowing about the health disparities in the Slavic village, and in particular with the COVID-19 vaccine, made the partnership with MetroHealth and hosting these clinics for the community even more important.”

MetroHealth staff will administer the Pfizer vaccine from noon to 7 p.m. beginning with the clinic on Thursday, May 6 to people 16 years of age and older. 16 and 17 year olds must be accompanied by a parent or guardian.

Registration is strongly encouraged, although a number of walk-in visits will be permitted. Those interested can subscribe to https://www.metrohealth.org/covid-19/covid-vaccine, or by calling 216-778-6100. People can either drive for their vaccine using the Fleet Avenue front door (7409 Fleet Avenue) or walk, as the Third Federal Campus on Broadway Avenue is located along several RTA bus routes.

The Third Federal Savings and Loan Association is a leading provider of savings and mortgage products and operates under the values ​​of love, trust, respect, commitment to excellence, and pleasure. Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal’s mission is to help people realize the dream of home ownership and financial security. It became a public company in 2007 (Nasdaq: TFSL). Third Federal, which lends in 25 states and the District of Columbia, is dedicated to serving consumers with competitive rates and exceptional service. Third Federal, an Equal Housing Lender, has 21 full-service branches in Northeast Ohio, seven loan offices in central and southern Ohio, and 16 full-service branches across Florida . As of September 30, 2020, the company’s assets totaled $ 14.6 billion.



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Civil rights organizations make false claims about the police https://columbus-chamber.org/civil-rights-organizations-make-false-claims-about-the-police/ https://columbus-chamber.org/civil-rights-organizations-make-false-claims-about-the-police/#respond Mon, 03 May 2021 20:20:02 +0000 https://columbus-chamber.org/civil-rights-organizations-make-false-claims-about-the-police/ After Derek Chauvin was convicted of the murder of George Floyd, many organizations and celebrities issued press releases that went beyond the celebration of justice, offering blanket condemnations of the police as being universally racist and oppressive. . For example, Seventh Generation, the laundry detergent manufacturer owned by Unilever, tweeted than to stop the “murder […]]]>



After Derek Chauvin was convicted of the murder of George Floyd, many organizations and celebrities issued press releases that went beyond the celebration of justice, offering blanket condemnations of the police as being universally racist and oppressive. . For example, Seventh Generation, the laundry detergent manufacturer owned by Unilever, tweeted than to stop the “murder of blacks and brunettes at the hands of the police.” . . we have to get rid of the systems of prejudice. LeBron James of the NBA tweeted what appeared to be a threat (since suppressed) to the Columbus, Ohio police officer involved in the fatal shooting of 16-year-old Ma’Khia Bryant as she assaulted another person with a knife.

While I have come to expect this kind of anti-police rhetoric from business and celebrity circles, I was appalled to see major civil rights organizations also lend their voices to false statements about the police.

As a police officer for almost 18 years, I understand the importance of conscientious and impartial law enforcement. And as a third-generation American Jew whose grandparents were forced to flee the rise of the Nazi Party, I have personally benefited from the hard work of civil rights organizations that advocate for vulnerable groups against discrimination and abuse.

When my grandfather, a Czechoslovakian, came to America after serving in the British Army in World War II, several anti-Jewish policies were still in place. Several leading universities capped the enrollment of Jews until the end of the 20th century, and Yale did not have a Jewish full professor until 1946. Campaign clubs banned Jews, blacks, and women from joining. until the 1990s. The Jews of America have also faced numerous acts of violence. It was civil rights organizations that stood up for us.

During my career, I have attended training courses and used publications published by both the Anti-Defamation League (ADL) and the Southern Poverty Law Center (SPLC). I know first-hand that these organizations value their partnerships with law enforcement. Yet this story has not stopped any of these organizations from painting every police officer with the same broad brush.

Every time a police officer takes a life, it is a sad and traumatic event for everyone involved. But this is not, as the ADL claims, proof of a system that “targets[s] and devalue[s] Blacks, Maroons and Indigenous people live for centuries. ” A ADL press release ruled that Adam Toledo, the 13-year-old gunned down by Chicago police, was killed because of “systemic racism”, not because the police were responding to the presence of an armed individual fleeing the scene. a call for “shots”. The shooting was tragic, but it was not the result of systemic racism, and a group that calls for justice when churches are set on fire should know it.

The SPLC did not do better. Their recent press release pays tribute to Tony McDale, a black transgender who was shot dead by a Tallahassee police officer in May McDade, a suspect in Malik Jackson’s death, pointed a handgun at the police as he approached, leaving the police with no choice but to shoot him. Investigators at the scene recovered a handgun, as well as the bloodied knife used to kill Jackson. Body camera footage corroborated the police officers’ version of events, and a Leon County grand jury found the use of force was justified. But none of this stopped the SPLC from citing McDade’s death as evidence of a “criminal justice system based on anti-black racism and white supremacy.”

Many other civil rights organizations, including the American Civil Liberties Union, which believe this “racism. . . permeates law enforcement, ”have made similar damaging statements.

Comments like these, which go far beyond these organizations’ primary mission of advocating for vulnerable communities, will further erode the already strained relationship between police and their communities. By falsely blaming the entire police profession for systemic racism, these groups weaken their ability to help the real victims of civil rights violations and endanger the relationships they have forged with the vast majority of sincere and hardworking cops who are their allies in defending justice for all.

Photo by Keith Birmingham, Pasadena Star-News / SCNG





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KeyBanc Capital Markets Adds Renewable Mergers and Acquisitions Team to Expand Business in Utilities, Energy and Renewable Energy Sectors | Ohio https://columbus-chamber.org/keybanc-capital-markets-adds-renewable-mergers-and-acquisitions-team-to-expand-business-in-utilities-energy-and-renewable-energy-sectors-ohio/ https://columbus-chamber.org/keybanc-capital-markets-adds-renewable-mergers-and-acquisitions-team-to-expand-business-in-utilities-energy-and-renewable-energy-sectors-ohio/#respond Mon, 03 May 2021 20:01:00 +0000 https://columbus-chamber.org/keybanc-capital-markets-adds-renewable-mergers-and-acquisitions-team-to-expand-business-in-utilities-energy-and-renewable-energy-sectors-ohio/ CLEVELAND, May 3, 2021 / PRNewswire / – KeyBanc Capital Markets (KBCM), the corporate and investment bank of ClevelandBased at KeyCorp (NYSE: KEY), today announced the expansion of its Utilities, Power & Renewables group with the addition of a six-person renewable energy investment banking team. This team has been a leading provider of strategy, merger […]]]>


CLEVELAND, May 3, 2021 / PRNewswire / – KeyBanc Capital Markets (KBCM), the corporate and investment bank of ClevelandBased at KeyCorp (NYSE: KEY), today announced the expansion of its Utilities, Power & Renewables group with the addition of a six-person renewable energy investment banking team. This team has been a leading provider of strategy, merger and acquisition advisory services to the renewable energy sector in the United States and will strengthen and further develop the leading North American project and syndicated financing practice of KBCM serving the renewable energy sector.

Julian Bailliet, Timothy Beach, Ari Citrin and Oliver janssen will join KBCM as Managing Director, with Mark Dondero join as director and Bill chamberlin join as vice president. The team will be based in the firm San Francisco Office.

“We are committed to expanding our leading renewable energy practice,” said Andy redinger, Head of the Utilities, Power & Renewable Energy group of KBCM. “The addition of this very successful M&A team, which will help expand our offering and better serve our clients, is an important step towards this commitment.”

KeyBank has funded renewable energy production in the United States since 2007 and is consistently one of the largest US bank lenders to the wind and solar industry. Since 2010, Key has funded more than $ 15 billion renewable energies. The new team brings extensive experience in renewable energy mergers and acquisitions, capital raising and advisory services that will allow Key to continue to provide superior customer service to the US power industry.

“Key is uniquely positioned to help lead the transition of the US electricity system to a more sustainable and competitive position,” said Randy Paine, Chairman of Key Institutional Bank. “The addition of this team is another example of Key making strategic investments to drive targeted scale.”

About KeyBanc Capital Markets

KeyBanc Capital Markets is a leading corporate and investment bank providing capital markets and advisory solutions to dynamic companies that capitalize on opportunities in changing industries. Our in-depth industry expertise, broad capabilities and unique ideas are seamlessly delivered to companies in consumer and retail verticals, diversified industries, healthcare, industrial, oil and gas. , real estate, utilities, energy and renewables and technology. With more than 800 professionals spread over a national platform, KeyBanc Capital Markets has more than $ 37 billion committed capital to clients and an award-winning equity research team spanning over 600 publicly traded companies. Securities-related products and services are offered by KeyBanc Capital Markets Inc. and its authorized securities representatives, who may also be employees of KeyBank NA Banking products and services, are offered by KeyBank NA

About KeyCorp

KeyCorp’s roots go back 190 years Albany, New York State. Based at Cleveland, Ohio, Key is one of the largest banking financial services companies in the country, with assets of approximately $ 176.2 billion at March 31, 2021. Key provides deposit, loan, cash management and investment services to individuals and businesses in 15 states under the KeyBank National Association name through a network of approximately 1,100 branches and over 1,400 ATMs. Key also provides a wide range of sophisticated corporate and investment banking products, such as advice on mergers and acquisitions, public and private debt and capital, syndications and derivatives to companies in the middle market in selected sectors United States under the trade name KeyBanc Capital Markets. For more information visit https://www.key.com/. KeyBank is a member of the FDIC.

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SOURCE KeyCorp



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HFLA Receives Financial Empowerment Fund from Citizens Bank | Local News https://columbus-chamber.org/hfla-receives-financial-empowerment-fund-from-citizens-bank-local-news/ https://columbus-chamber.org/hfla-receives-financial-empowerment-fund-from-citizens-bank-local-news/#respond Mon, 03 May 2021 20:00:00 +0000 https://columbus-chamber.org/hfla-receives-financial-empowerment-fund-from-citizens-bank-local-news/ Citizens Bank will award a total of more than $ 138,000 in grants to seven nonprofits in Ohio, including Northeast Ohio’s HFLA, in an effort to help the organizations it serves make informed financial decisions. The funds will go to HFLA interest-free loans. Through its Citizens Helping Citizens Manage Money program, Citizen aims to help […]]]>


Citizens Bank will award a total of more than $ 138,000 in grants to seven nonprofits in Ohio, including Northeast Ohio’s HFLA, in an effort to help the organizations it serves make informed financial decisions. The funds will go to HFLA interest-free loans.

Through its Citizens Helping Citizens Manage Money program, Citizen aims to help communities by supporting programs that empower people to budget, save, invest and achieve their financial goals, according to a press release.

Other nonprofits receiving a grant include:

• Cleveland Neighborhood Progress for Community Financial Centers

• Empower and Empower the People of Ohio for Affordable Home Ownership Initiative

• Community business partners for the Earned Income Tax Credit Coalition

• Junior Achievement Chapters in Greater Cleveland, North Central Ohio and Mahoning County for Youth Financial Education

• United Way of Summit and Medina County for Financial Empowerment of Low to Moderate Income Akron Residents

• University Circle Inc. for essential financial information for small business owners and the Greater Circle Business Alliance

“We believe that solid financial literacy is essential to achieving your goals and achieving financial security,” Jim Malz, president of Citizens in Ohio, said in a press release. “With citizens helping citizens manage their money, we are providing members of our communities with the knowledge, confidence and resources they need to make smart financial decisions that will put them on the right track.



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Lument grants $ 12.9 million acquisition loan to Fannie Mae for multi-family community in Dayton, Ohio https://columbus-chamber.org/lument-grants-12-9-million-acquisition-loan-to-fannie-mae-for-multi-family-community-in-dayton-ohio/ https://columbus-chamber.org/lument-grants-12-9-million-acquisition-loan-to-fannie-mae-for-multi-family-community-in-dayton-ohio/#respond Mon, 03 May 2021 18:50:00 +0000 https://columbus-chamber.org/lument-grants-12-9-million-acquisition-loan-to-fannie-mae-for-multi-family-community-in-dayton-ohio/ NEW YORK, May 3, 2021 / PRNewswire / – Lument recently provided acquisition financing in the form of a $ 12.9 million Conventional loan from Fannie Mae to an experienced multi-family housing sponsor for the purchase of The Landing Apartments, a community of 166 high-rise, garden-style units in Dayton, Ohio. Steven cox, Senior Managing Director […]]]>


NEW YORK, May 3, 2021 / PRNewswire / – Lument recently provided acquisition financing in the form of a $ 12.9 million Conventional loan from Fannie Mae to an experienced multi-family housing sponsor for the purchase of The Landing Apartments, a community of 166 high-rise, garden-style units in Dayton, Ohio. Steven cox, Senior Managing Director of Lument’s new York office, led the transaction.

“Working with this experienced sponsor to organize financing for the acquisition of Fannie Mae has been a pleasure,” said Cox. “The Landing Apartments are an important source of quality housing in their area. With acquisition financing, immediate repairs and new property management, the community is well prepared for a bright future.”

The loan has a 10-year term, three years interest only, with a 30-year amortization schedule and a nine-and-a-half-year performance maintenance period. In addition to providing acquisition financing, successful closing provides for approximately $ 145,000 for immediate repairs. These funds will be used for new roofing, landscaping and other improvements.

John Dragone and Chris Senzapaura of Trinity Street Capital worked as a broker on the transaction.

The Landing Apartments consist of a 13-storey building and 13 two-storey garden-style apartment buildings. The high rise section was originally developed in 1929 and the townhouse buildings were added in 1991 when the tower was renovated. About 60% of the units are mission-oriented and affordable to tenants at 80% of the area’s median income (AMI).

About Lument
ORIX Real Estate Capital Holdings, LLC, d / b / a Lument, is a subsidiary of ORIX Corporation United States. Lument is a national leader in commercial real estate financing. As a combined organization of legacy industry experts Hunt Real Estate Capital, Lancaster Pollard and RED Capital Group, Lument offers a comprehensive set of customized investment solutions for investors in multi-family housing, affordable housing, residential housing the elderly and healthcare real estate. Lument is a Fannie Mae DUS®, Freddie Mac Optigo®, FHA and USDA lender. Additionally, Lument offers a suite of proprietary commercial lending, investment banking and investment management solutions. Lument has around 600 employees in more than 25 offices across United States. Securities, investment banking and advisory services are provided through OREC Securities, LLC, d / b / a Lument Securities, member of FINRA / SIPC. Investment advisory services are provided by OREC Investment Management, LLC, d / b / a Lument Investment Management. OREC Investment Management is registered as an investment advisor with the US Securities and Exchange Commission. For more information visit www.lument.com.

MEDIA CONTACT
Michael ratliff | Marketing director
212-588-2163 | [email protected]

SOURCE Lument

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Revolution Mortgage opens its second branch in Chicago https://columbus-chamber.org/revolution-mortgage-opens-its-second-branch-in-chicago/ https://columbus-chamber.org/revolution-mortgage-opens-its-second-branch-in-chicago/#respond Mon, 03 May 2021 15:23:20 +0000 https://columbus-chamber.org/revolution-mortgage-opens-its-second-branch-in-chicago/ Revolution mortgage, a Columbus, Ohio-based mortgage lender, has announced the opening of a new location in Illinois. The branch, located in downtown Chicago, will be headed by Irma DeLeon and is The Windy City’s second Revolution Mortgage branch. DeLeon joins Revolution after 28 years in the mortgage and real estate industry, including a most recent […]]]>


Revolution mortgage, a Columbus, Ohio-based mortgage lender, has announced the opening of a new location in Illinois. The branch, located in downtown Chicago, will be headed by Irma DeLeon and is The Windy City’s second Revolution Mortgage branch.

DeLeon joins Revolution after 28 years in the mortgage and real estate industry, including a most recent role as National Director of Community Development for Home Loans at KeyBank, in which she was responsible for overseeing mortgage production strategies, according to Revolution’s new recruit Press release. DeLeon holds a Certified Mortgage Planning Specialist (CMPS) which allows him to meet all types of mortgage scenarios ranging from buying or refinancing, as a first-time homebuyer, self-employed and well-off.

In 2019, DeLeon received the Woman’s Professional Excellence Award from YWCA Greater Cleveland, an organization dedicated to eliminating racism, empowering women and promoting peace, justice, freedom and dignity for all. During his tenure at the law firm, DeLeon often saw first-hand the need for Spanish-speaking loan officers. DeLeon, who is bilingual speaking English and Spanish, decided she would enter the industry to help serve various communities and gain experience in a new field.

“My goal is to be the branch manager / loan officer that realtors choose to take care of their clients’ mortgage needs because I have earned their trust. One of the most important ways to do this is to provide a total cost analysis to each customer, ”says DeLeon.“ This informative analysis allows borrowers to make an informed decision before submitting an offer for a home in a market. competitive real estate. I want all of my clients to feel confident in their decisions and I hope this level of transparency will ultimately inspire my clients and real estate agents to recommend me for their future needs. “



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Fifth third bank will provide 1 million meals to fight hunger in the Bank’s footprint | national news https://columbus-chamber.org/fifth-third-bank-will-provide-1-million-meals-to-fight-hunger-in-the-banks-footprint-national-news/ https://columbus-chamber.org/fifth-third-bank-will-provide-1-million-meals-to-fight-hunger-in-the-banks-footprint-national-news/#respond Mon, 03 May 2021 14:27:59 +0000 https://columbus-chamber.org/fifth-third-bank-will-provide-1-million-meals-to-fight-hunger-in-the-banks-footprint-national-news/ CINCINNATI – (BUSINESS WIRE) – May 3, 2021 – Fifth Third Bancorp’s roughly 20,000 employees will celebrate Day 5 by providing 1 million meals to the hungry. Meals are donated to various food organizations in the 11 states of the Retail Bank in honor of the Bank’s annual community celebration in May, centered on May […]]]>


CINCINNATI – (BUSINESS WIRE) – May 3, 2021 –

Fifth Third Bancorp’s roughly 20,000 employees will celebrate Day 5 by providing 1 million meals to the hungry. Meals are donated to various food organizations in the 11 states of the Retail Bank in honor of the Bank’s annual community celebration in May, centered on May 3. The date, 5/3 on the calendar, is recognized as the fifth third day.

This press release contains multimedia. See the full version here: https://www.businesswire.com/news/home/20210503005515/en/

Greg D. Carmichael, President, President and CEO of Fifth Third Bank (Photo: Business Wire)

“May 3 is a day to celebrate the positive difference we make in the lives of our clients, colleagues and communities as we continue to fight hunger in our footprint,” said Greg Carmichael, President- Managing Director of Fifth Third. “Through this pandemic and through each era, we remain true to the strong spirit of the Bank as we work to build stronger communities, one person, one family, one business at a time.”

The Bank has celebrated the fifth third day since 1991, and since 2012 the Bank and its employees have worked towards a common goal of fighting hunger. Over the past four years, Fifth Third has met or exceeded its goal of providing 1 million meals to those in need. Meals are provided through month-long events, including volunteerism, group employee efforts, and individual employee efforts. And customers will have the opportunity to support the effort by purchasing shields at the bank’s premises for $ 1, where every dollar donated will go to local organizations to provide meals to those in need. Like last year, due to the pandemic, traditional in-person volunteering will not be part of community service efforts in May, but employees will have the opportunity to participate in various virtual volunteer activities, which will be used to provide meals through the Bank’s footprint. .

According to the USDA’s latest report on household food insecurity in the United States, more than 35 million people in the United States suffered from hunger in 2019. Feeding America, the largest national anti-food organization hunger, estimates that due to the effects of the coronavirus pandemic, more than 42 million people could be food insecure, including up to 13 million children.

“There has never been a time when Day Five has been more important,” said Lars Anderson, vice president, Strategic Growth Initiatives and Corporate Champion Day Five. “It is a time when so many people are in distress and the basic need for food is a challenge for many. Day Five aligns with a key part of our mission, which is to help make our communities better places to live. We strive to help those facing food insecurity and we are grateful to be part of the solution. “

For more information on how Fifth Third is helping its employees, customers and communities during the pandemic, visit 53.com/covid19.

About the fifth third

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of March 31, 2021, Fifth Third had $ 207 billion in assets and operated 1,098 full-service banking centers and 2,383 Fifth Third-branded ATMs in Ohio, Kentucky, Indiana, Michigan, l ‘Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. In total, Fifth Third provides its customers with access to approximately 53,000 toll-free ATMs across the United States. Fifth Third operates four main businesses: commercial banking, branch banking, consumer lending, and wealth and asset management. Fifth Third is one of the largest fund managers in the Midwest and, as of March 31, 2021, had $ 464 billion in assets under management, including $ 58 billion for individuals, businesses and nonprofits. through its Trust and Registered Investment Advisory Firms. Investor information and press releases can be found at www.53.com. The common shares of Fifth Third are traded on the Nasdaq® Global Select Market under the symbol “FITB”. Fifth Third Bank was established in 1858. Deposit and credit products are offered by Fifth Third Bank, National Association. FDIC member.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210503005515/en/

CONTACT: Danielle Jones (Media Relations)

Danielle.Jones@53.com | 513-534-0162

KEYWORD: OHIO UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FINANCING BANKING OTHERS PHILANTHROPY PROFESSIONAL SERVICES

SOURCE: Fifth third bank

Copyright Business Wire 2021.

PUB: 05/03/2021 10:27 am / DISC: 05/03/2021 10:27 am

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Copyright Business Wire 2021.



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