BANK NEWS John Anderson Included in 15th Edition of Best Law Firms John Anderson was recently recognized once again in the 15th edition of Best Law Firms. Congratulations to John for being included in this extremely impressive group. Best Law Firms’ rankings celebrate firms that have consistently demonstrated excellence in legal expertise and industry knowledge. Each firm included has been rigorously evaluated based on client feedback, peer recommendations, leadership interviews and the depth of their practice. The result is a comprehensive guide for businesses and individuals seeking top-tier legal counsel in the United States. American Bankers Mutual Insurance Approaches $105 Million in Total Distributions The American Bankers Association recently announced that American Bankers Mutual Insurance, the reinsurer for the ABA-endorsed insurance program, has declared a $3.8 million annual distribution to be shared by qualified ABA member banks insured through ABA Insurance Services, a member of Great American Insurance Group. This is the 35th consecutive year that the professional liability and bond insurance provider has declared distributions to eligible ABA member banks, bringing the total to $104.6 million since the program’s inception. ABA member banks that purchase their directors and officers (D&O), bond, cyber, property and casualty, and related insurances from this program are eligible to receive a distribution. Native-Focused Organizations Receive More than $6 Million in Grants from Wells Fargo Across a six-state region, 33 nonprofits received a total of $6.4 million in grant funding from Wells Fargo’s Invest Native Initiative to strengthen housing access and affordability, small business growth, financial health and sustainability in Native communities. The funding is part of Wells Fargo’s two-year effort focused on collaborating with Native organizations and communities in Arizona, Montana, New Mexico, North Dakota, South Dakota and Wyoming. Grantees share that Invest Native funding is anticipated to deliver tangible community outcomes, including: • Producing 156 homes for purchase and 102 homes for rent; • Serving an estimated 2,000 small businesses, including more than 1,500 sole proprietor businesses; • Supporting businesses in creating 322 jobs and preserving 477 jobs; • Facilitating debt reduction for 1,000 participants, with total debt reduction exceeding $1 million; • Providing financial counseling or coaching to more than 8,000 Native people; and • Training 27 community-based organizations on climate resiliency topics. 22
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