Destin Water Users, Inc. Unveils Richard F. Griswold Building
On Monday, March 4, Destin Water Users, Inc. (DWU) celebrated the completion of their newest building, the Richard F. Griswold Building, with a ribbon cutting ceremony and dedication luncheon. Located at 14 Industrial Park Lane, the Richard F. Griswold Building started out as a dream that began in 2010 when then DWU general manager, Richard Griswold, began making plans to convert the existing inventory buildings into offices to consolidate all the plant personnel under one roof. His hope was to improve
Inaugural 30A Foam Fest Raises $5,000 for Food for Thought Outreach
The inaugural 30A Foam Fest, presented by Idyll Hound Proper and 30Avenue, raised $5,000 for Food for Thought Outreach. The festival made its debut at 30Avenue on Saturday, May 13 and welcomed over 500 guests to the shopping center for an afternoon filled with craft beer, live music, local food, shopping, activities and much more. Nineteen breweries from across the southeast lined the streets of 30Avenue including Abita Brewing Company, Alga Beer Co., Beach Camp Brewing Company, Cigar City Brewing,
Progress Bank Welcomes New Florida Branch Leadership
Progress Bank's South Walton & Bay County Market President Lane Redding announced today that the Santa Rosa Beach and Panama City offices have welcomed new leadership. Shaun Foster has been named Branch Manager of the Santa Rosa Beach office. Foster graduated from Troy University with a degree in Business Administration. With a 15-year history of banking in Okaloosa and Walton Counties, he has extensive knowledge and experience in retail management, consumer loans, business products and mortgages. Shaun
Progress Financial Corporation Declares Special Dividend
At its July meeting, the board of directors of Progress Financial Corporation, the parent company of Progress Bank, approved a special cash dividend of $0.16 per share. The dividend will be payable on July 27, 2022, for shareholders of record as of July 8, 2022. “We are proud of everything Progress Bank has accomplished in its almost 15 year history. We are pleased to pay this dividend to our shareholders, and we look forward to keeping our clients’ needs top priority,” said David Nast, President and
United Community Banks, Inc, and Progress Financial Corporation Announce Merger Agreement
United Community Banks, Inc. (NASDAQGS: UCBI) (“United”) and Progress Financial Corporation (“Progress”) announced today the execution of a definitive merger agreement pursuant to which United will acquire Progress, and its wholly-owned subsidiary, Progress Bank & Trust (the “Merger”), in an all-stock transaction with an aggregate value of approximately $271.5 million, or $23.52 per share of Progress common stock, based on United’s closing stock price of $30.55 as of May 3, 2022. Progress is headquartered
Mendy Gregory Joins Progress Bank as Mortgage Loan Officer
Mortgage Division Manager Woody Woodfin announced today that Mendy Gregory has joined Progress Bank as Mortgage Loan Officer. “Mendy’s long history of banking in the Destin area will be a huge benefit as we continue to expand our Mortgage services throughout the Florida panhandle,” said Woodfin. “She is well respected in the local community, and we are thankful to have her on board.” Gregory began her banking career of more than 27 years right out of high school, starting at a small community bank in
Jenny MacDonald Joins Progress Bank as Mortgage Loan Officer
Progress Bank's Mortgage Division Manager Woody Woodfin announced today that Jenny MacDonald has joined the Bank as Mortgage Loan Officer. “With the region’s overwhelming growth and our expansion into Panama City, the time could not be better for Jenny to join our Mortgage team in Florida,” said Woodfin. “Her local experience and expertise in the market will serve our clients well.” With more than 20 years of related experience, Jenny thrives on helping clients find options for financing a new home or