Dallas based regional bank, Nexbank placed #8 in the nation of highest performing community bank, based on return on assets averaged and weighted over three years as of December 31, 2017. With a charter dating back to 1922 and assets of 8.4 billion, Nexbank is planted in its community by partnering alongside Dallas Neighborhood Homes and Dallas Habitat for Humanity to make a positive impact. These organizations help lower-income families buy reasonably priced houses in the North Texas area. North Texas has greatly reduced ownership rates in comparison to other cities in the nation. Homeownership enriches the value of families lives while boosting children’s chances for a successful future.
Nexbank has partnered with these organizations since 2016. The plan is to provide more than 100 loans annually for five years and no more than $50 million in backing to promote program expansion over the five-year course. Dallas Neighborhood Homes mission is loaning in the gaps of traditional mortgage lenders making home ownership affordable for the borrower. In addition to providing the mortgage-lending capital, Nexbank pays closing costs up to $2000 for the loan. Dallas Habitat for Humanity transforms families and revitalizes neighborhoods with thousands of volunteers working to break the poverty cycle. They provide potential homeowners counseling in home maintenance and finances.
In 2015, Nexbank purchased College Savings Bank of New Jersey. While each facility maintained their current name and branding, the acquisition offered both institutions the unique chance to increase their program dependably and position them for future growth. Adding to their spectrum of products offered, parents and families organizing their kids’ path for higher education will have expanded options. You can open accounts with as little as $25.00 per month.
While primarily focused as a savings institution, College Savings Bank offers multiple FDIC-insured CD investment options. They also offer high-yield savings account without assessing asset-management fees. The 529 plan, named after Internal revenue code Section 529, are designed to help families save for future higher education expenses while offering potential tax advantages. These family-oriented features round out nicely the financial options Nexbank can offer its clients.
Lori Senecal is a marketing executive who currently works as the chief executive officer of the advertising firm known as CP+B Global. In a recent announcement, she is going to retire and therefore step down as the firm’s CEO. Over the last three years, she has served as the CEO and has been able to build on the success of CP+B Global. Senecal became the CEO at CP+B Global after spending a few years in a leading executive role at MDC Partners. With her retirement, a number of people will miss her including the founder of CP+B Global Chuck Porter. Over the last three years, Porter has said that it was great working with Lori. He said that she has been a perfect fit for a company that was looking to grow and expand worldwide. With her entrepreneurial mindset, she has been able to build the firm into one of the leading global advertising agencies in the world. Check out fastcompany.com for more.
While Lori will be looking to retire by the end of the year, she has agreed to help the firm transition into new leadership. She will spend the remainder of the year helping the firm find a replacement for her as well as putting together the next generation of the firm’s managers. Lori will use her expertise of marketing and management to find the ideal person for the new role. She will work with the founder Chuck Porter in the evaluation process. By helping elect a new CEO for CP+B Global, Lori will be in position to provide a positive impact on the firm’s future. Check out huffingtonpost.com
Before starting her career, Lori Senecal went to college to finish a degree. She attended McGill University and studied commerce, marketing and finance. Lori would complete a degree in this field. After finishing college, Lori would then begin her career working in the marketing industry. Her most notable experiences were with McCann Erickson and KBS. While working at these firms, she would help them grow in both size and expansion of clientele. Senecal credits her success to her experience as a gymnastics coach. Her coaching experience helped her develop leadership skills that would help her thrive in business. In terms of conducting business, Lori has said that it is important to make money by getting clients and then promoting something of value that they have to offer. Another key attribute to Lori’s success has been her ability to motivate people and urge them to reach goals on a consistent basis. For more details visit Bloomberg.
OSI Industries was founded in 1909 and has been providing its customers with the highest quality of meats and other food products ever since. The company was put together by a German immigrant by the name of Otto Kolschowsky who came to the United States in hopes of living the American dream. His company rapidly took off and become a global force to be reckoned with by the 1970s. Today, OSI is continuing to focus on its mission of expanding into new markets and offering its customers customized food solutions.
In 2017, OSI Industries made some improvements to its plant in Toledo, Spain, which allow the plant to produce 24,000 tons of poultry a year compared to the 12,000 ton capacity it was working with before. The upgrades to the plant costed close to 17 million euros, and along with a new assembly line, being added, the company included a modern surveillance system that includes cameras and a modern firefighting system. The company has been making improvements to make it a more sustainable company, and some of the improvements will reduce the plant’s electricity consumption allow it to recycle machine-created heat.
The reason that OSI Industries is looking to increase its poultry production has to do with data that is showing an increased demand for chicken products in the region and all over Spain and Portugal. During the last three years. demand has risen by over 8% and OSI plans on capitalizing on this demand by providing what people want. A new production hall at the plant will do just that, and to make its products even better. OSI Industries built a testing kitchen that where specialized chefs will create new and tasty food combinations for the company’s customers.
OSI Industries also recently purchased a former Tyson Foods plant in the south-side of Chicago. This plant will help it to provide more to its customers in the region as well as the United States, at-large. The plant was purchased for more than $7 million, and many of the employees of Tyson that were set to lose their jobs because of the closure were offered new jobs with OSI.