PayThink 2018 Direct Page

Adrienne Penta is the national head of wealth management at SCS Financial.

Previously, she served as  principal of private banking and executive director of the Brown Brothers Harriman Center for Women & Wealth. She led the creation of the CW&W, which supports women as they create and manage wealth and seeks to create a dynamic and inclusive environment where women can engage in conversations about wealth, family and values. She also oversaw private banking marketing and sales enablement.

Kerri Mast is a principal with extensive experience advising business owners and families of generational wealth at Brown Brothers Harriman.

She helps clients achieve their goals relating to estate planning, philanthropy, business succession, and tax minimization. As a national leader of the Philanthropic Advisory practice, Kerri works to create an environment where families can engage in conversations about wealth, values, legacy and impact.

Cullen/Frost in Texas, BankUnited in Florida and Bank OZK in Arkansas are among the banks that have, at least for now, allayed investors' fears about their exposure to the CRE sector.

Ten months after the Raleigh, North Carolina, company acquired a large chunk of Silicon Valley Bank, it says it is seeing good progress in keeping and winning back the latter's former customers. But the ongoing slowdown in private equity and venture capital activity will challenge the unit's growth.

The Virginia bank is one of three that have been publicly admonished by regulators this week due to problems related to their banking-as-a-service programs.

The stable outlook is an indication that — at least for some lenders — the much-feared cycle of cardholders defaulting on their obligations in the wake of the COVID-19 pandemic may not turn out to be so bad.

The Center for Responsible Lending calls for states to continue to police high-cost lenders rather than facilitating their growth.

National Bankshares in Virginia agrees to acquire in-state peer, Advia Credit Union in Kalamazoo strikes deal with Illinois bank, EBANX's annual Beyond Borders study launches and more in the weekly banking news roundup.

Michael Hickman is CEO and CFO of Exactera, where he manages the company's financial planning and strategic direction. Before joining Exactera, Hickman was the CFO at the global performance-marketing marketplace Perform[cb], where he championed the company's financial strategy and helped increase organic profitability markedly. Hickman oversaw multiple acquisitions and was instrumental in selling Perform[cb] to Beringer Capital in April 2021. A CPA with more than 25 years of leadership experience at companies including Deloitte, MetLife, Roper Technologies, and Switch and Data, Hickman has navigated acquisitions, dispositions, debt financing, corporate consolidations, financial planning and analysis, valuations, SEC Reporting, technical accounting, and system implementation and project management. He holds a master's degree from the University of Florida. 

Fiserv's Money Network will officially start managing the state's prepaid debit card program for distributing unemployment and disability benefits to 850,000 beneficiaries. BofA had been trying to exit its contract for several years due to financial risks.