Posted In Fund VI

Fed Terminates Enforcement Action Against HCSB Financial

  • Posted 03/23/2017
  • Castle Creek
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Copyright © 2017, SNL Financial By Joshua Recamara The Federal Reserve Board on March 21 terminated an enforcement action against Loris, S.C.-based HCSB Financial Corp., according to a March 23 press release. The enforcement action was issued on May 9, 2011, by the Federal Reserve Bank of Richmond. Under the agreement, HCSB needed to submit a cash flow projection for CONTINUE READING >>

Suncrest Bank Named to 2017 OTCQX Best 50

  • Posted 02/2/2017
  • Castle Creek
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VISALIA, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) is pleased to announce it has been named to the 2017 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. Suncrest Bank was ranked number 15 on the list. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on CONTINUE READING >>

Riverview Financial Corporation Announces Closing of $17.0 Million Private Placement of Common Stock and Preferred Stock

  • Posted 01/20/2017
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HARRISBURG, PA–(Marketwired)–Riverview Financial Corporation (OTCQX: RIVE) announced today that it completed the sale of approximately $17.0 million in common and preferred equity, before expenses, to accredited investors and qualified institutional buyers through the private placement of 269,885 shares of its no par value common stock at a price of $10.50 per share and 1,348,809 shares of a newly created series CONTINUE READING >>

Riverview Financial Corporation Announces $17.0 Million Private Placement of Common Stock and Preferred Stock

  • Posted 01/18/2017
  • Castle Creek
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HARRISBURG, PA–(Marketwired)–Riverview Financial Corporation (OTCQX: RIVE) announced today that it has entered into agreements with accredited investors and qualified institutional buyers to raise approximately $17.0 million in common and preferred equity, before expenses, through the private placement of 269,885 shares of its no par value common stock at a price of $10.50 per share and 1,348,809 shares of a newly CONTINUE READING >>