New Proficio Bank to Offer Unique, Specialized Banking and Mortgage Services to the Relocation, Homebuilder and Real Estate Industries.JACKSONVILLE, Fla. -- NHB NHB No Holds Barred NHB National Honey Board NHB NASA Handbook NHB Net Health Benefit NHB Nederlandse Hersenbank (Dutch) NHB New Holland Band (New Holland, PA) Holdings, Inc., a Florida-based Bank Holding Company, announced today that it has received regulatory approval for its de novo [Latin, Anew.] A second time; afresh. A trial or a hearing that is ordered by an appellate court that has reviewed the record of a hearing in a lower court and sent the matter back to the original court for a new trial, as if it had not been previously heard nor decided. bank, Proficio Bank, to market specialized banking and mortgage services to the relocation, homebuilding and real estate brokerage industries. The Company was formed when executives from the relocation, homebuilding, and real estate brokerage industries perceived an opportunity to create a new specialty bank that would serve the specific needs of industries whose business involves the purchase, sale, or financing of a home. "Proficio addresses unique market, product and service needs in these industries and provides these companies the opportunity to work with a financial institution that specializes in their industry," said William G. Slagle, founder and Chairman of NHB Holdings and Chairman of Proficio Bank. "Proficio has already entered into relationships with many firms because of its ability to address these unique commercial, consumer and mortgage lending needs." Proficio Bank's services include relocation equity transactions, relocation home purchase financing, homebuilder land acquisition, development, construction lending, commercial mortgages, operating lines of credit, and other specialized commercial lending programs. In addition, through Proficio Mortgage, unique real estate-related credit programs for mortgages, home equity loans and home equity lines of credit are marketed to the customers of these firms through joint ventures and joint marketing partnerships. Brad D. Hardy, former CFO See Chief Financial Officer. and GC of First Security Corporation is the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Proficio Bank, and Michael A. Johnston, former Chairman and CEO of Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. Credit Corp. is the President of Proficio Mortgage. NHB Holdings Inc.'s Board of Directors includes such influential investors as Utah Senator Al Mansell, former President of the National Association of Realtors The National Association of Realtors (NAR) is made up of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, and counselors, and others working in the real estate industry. ([R]); Lock W. Ireland, former CEO of 1st Performance Bank; John W. Westman, former CFO of Banc One Corporation; Morgan J. Evans, former President of First Security; Richard H. Mansfield of Mansfield & Associates; Richard D. Danford, Ph.D., President of the Jacksonville Urban League; Roswell S. Bowers, former E.V.P. with Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. and T. Stephen Johnson There are several well-known people called Stephen Johnson:
About NHB Holdings NHB Holdings was founded by a group of bank entrepreneurs, business executives, and business executives from the corporate relocation, homebuilder and real estate brokerage industries. NHB Holdings recently completed a $43.8 million private stock offering. Proficio Bank's national headquarters are in Salt Lake City, Utah For ships of the United States Navy of the same name, see . Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C. and the company operates its national mortgage subsidiary, Proficio Mortgage, out of Jacksonville, Florida. Proficio Bank and Proficio Mortgage market specialized banking and mortgage services to the corporate relocation, homebuilding and real estate brokerage industries. For more information, visit www.nhbholdings.com, www.proficiobank.com, and www.proficiomortgage.com. |
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