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
Redding Promoted to South Walton & Bay County Market President
Progress Bank Florida Market Executive Dewayne Youngblood announced today that Lane Redding has been promoted to South Walton & Bay County Market President. “Due to our recent expansion into Panama City, it was the perfect time to grow Lane’s role to Market President of that area and the surrounding community. She has been instrumental in our success since she joined the Bank in 2020 and we are excited to watch her continue to prosper in her new position,” said Youngblood. Redding graduated from Baylor
Progress Financial Corporation Declares Dividend January 2022
Progress Financial Corporation, the parent company of Progress Bank, announced its Board of Directors has declared a special one-time cash dividend of $0.25 per share. Approved at the recent January Board Meeting, the dividend will be payable on Feb 15, 2022, for shareholders of record on Jan. 31, 2022. “Our Progress Bank team contributed tremendously to the success of the bank in 2021. I’m so proud of the way everyone met the challenges this year has brought, while keeping our clients’ needs at the utmost
Progress Bank Opens 11th Location in Santa Rosa Beach, Florida
WHAT: On Nov. 3, 2020, Progress Bank opened its 11th location in Santa Rosa Beach, Florida. WHERE: 3063 US Highway 98, Santa Rosa Beach, FL 32549 ADDITIONAL INFO: This office marks the bank’s third location to open in Florida, with additional locations in Destin and Inlet Beach. Dewayne Youngblood | Executive Vice President | Okaloosa & Walton County Market President, and Brock Rice | Vice President | Branch Manager, will expand their leadership roles to cover this third office as well. About Progress
