News
Genesis Bank Announces Exclusive Partnership With Excess Telecom
Genesis Bank announced today that it has entered into an agreement to be the exclusive national banking partner of Excess Telecom, an officially licensed nation-wide provider of free internet access and low cost tablets to low- and moderate-income (LMI) communities.
Genesis Bank announces that it now provides Subscription Escrow Services
Genesis Bank announced today that its Escrow Division now provides Subscription Escrow Services for its clients in support of their equity capital raising activities.
Genesis Bank announces Launch of 1031 exchange division
Genesis Bank announced today the launch of Genesis Bank Exchange, the Bank’s 1031 exchange division. Genesis Bank Exchange will serve as a Qualified Intermediary to facilitate Section 1031 exchanges of like-kind investment and business real property, will hold client funds in segregated trust accounts, and will fulfill all administrative, legal, and tax-related compliance obligations for its clients.
Metasys Technologies Announces a Strategic Investment From Arkview Capital
“Over the last 20+ years, our firm has earned a formidable reputation and has been recognized for excellence in every segment in which we operate. Our partnership with Arkview allows Metasys to exponentially grow its reach and help Fortune 1000 companies diversify their employee base and supply chain.”
Genesis Bank announces Launch of escrow division
Genesis Bank announced today the launch of Genesis Bank Escrow, a new division of the Bank. Genesis Bank Escrow handles all aspects of commercial and commercial real estate-related escrow transactions, including compliance with local, state, and federal real estate guidelines, ensuring all buyer/seller conditions are satisfied, timely processing and filing of all relevant documentation, and maintaining custody and disbursement of escrow funds.
Genesis Bank Announces Partnership With Basis Investment Group
Represents first time a minority depository institution has partnered with an agency licensed seller/servicer and certified minority and women-owned business.
Arkview Capital: Filling the Capital Vacuum to Scale Diverse Businesses
Within a year after its founding, Arkview Capital completed its first investment – Genesis Bank, a state-chartered, digital-first Minority Depository Institution (MDI) in Los Angeles focused on serving diverse communities in Southern California.
Clean Sea Transport, a joint venture between MSEA Group, Arkview Capital, and Scorpio Tankers, acquires Marinvest fleet
Clean Sea Transport announces that it has acquired 100% of the shares in Marinvest AB …
New bank with multiracial focus gets off to fast start
There are over 140 minority depository institutions in the U.S., but only two are designated as multiracial. The latest is Genesis Bank, a de novo that opened its doors in August. The Newport Beach, California-based company is already mulling plans…
Genesis Bank Announces Designation as Minority Depository Institution
Genesis Bank (“Genesis” or the “Bank”), announced today that it has received regulatory concurrence to be designated as a Minority Depository Institution (“MDI”).