Latest News
LPL Financial said Advisors join LPL Financial from UBS
By Austin Journal | Nov 26, 2023
``` LPL Financial announced that financial advisors Michael J. Pumo CFP®, CEPA®, AWMA, and David A. DiRe have become part of LPL Financial’s broker-dealer, RIA, and custodial platforms. Following this transition, Pumo and DiRe inaugurated 360 Wealth Advisors, establishing an independent financial practice situated in Austin, Texas. This move comes as part of their strategic effort to expand their reach and offer comprehensive financial services.
Allegiant introduces nonstop AUS to Eugene, Oregon
By Austin Journal | Nov 23, 2023
The city of Austin and Austin-Bergstrom International Airport (AUS) revealed Allegiant's latest announcement of a nonstop route to Eugene, Oregon. This new addition by Allegiant adds to their existing 18 routes from the Austin-Bergstrom International Airport, thereby bolstering their connectivity.
UFCU designated trusted banking partner for UT Austin faculty and staff
By Austin Journal | Nov 22, 2023
University Federal Credit Union (UFCU) announced its selection as a trusted banking partner for faculty and staff at The University of Texas at Austin. This decision followed a competitive request for proposal (RFP). The partnership aims to enhance financial success among the academic community by providing them with exclusive financial services.
UFCU appoints Joe Gonzalez as Associate VP of Everyday Banking
By Austin Journal | Nov 15, 2023
University Federal Credit Union (UFCU) announced the promotion of Joe Gonzalez to lead the Everyday Banking and Payments business unit, effective immediately. Starting as a mortgage coordinator at UFCU in 2005, Gonzalez has taken on increasingly senior positions over the last 18 years.
Texas Comptroller updates list of financial companies boycotting energy firms
By Austin Journal | Nov 11, 2023
The Texas Comptroller of Public Accounts, Glenn Hegar, announced the inclusion of five firms to the list of companies boycotting the oil and gas industry. The Comptroller’s office conducted a review of investment funds, identifying approximately 350 funds subject to divestment under the same provisions as the companies, according to a press release by the Texas Comptroller of Public Accounts.
Gov. Abbott unveils Texas Small Business Credit Initiative
By Austin Journal | Nov 6, 2023
Governor Greg Abbott has announced the Texas Small Business Credit Initiative (TSBCI) and is welcoming applications from Texas financial institutions seeking to participate in the small business support programs. The U.S. Department of the Treasury ratified the State of Texas' State Small Business Credit Initiative (SSBCI) allocation agreement, thus providing funding for TSBCI programs, according to a press release from Governor Abbott's office.
Austin to host largest AV, IT expo in Texas
By Austin Journal | Nov 3, 2023
Austin is set to host the largest tech expo for AV and IT professionals in Texas, named AVI Live, on Nov. 8 at the Palmer Events Center. "AVI Systems will host an AV and IT expo in Austin on Nov. 8.", announced the organizers.
Executive director of Maravilla at The Domain: ‘We are deeply committed to providing best-in-class community and care’
By Austin Journal | Oct 31, 2023
Austin-based senior living community Maravilla at The Domain recently celebrated the grand opening of its on-site integrated healthcare clinic. According to Mark Ranno, executive director of Maravilla at The Domain, this new clinic shows how much they care about the residents of their community.
Abbott lauds F1 as beneficial to Austin, Texas economies
By Austin Journal | Oct 17, 2023
As part of the upcoming Formula 1 (F1) Lenovo United States Grand Prix at Circuit of The Americas (COTA), Gov. Greg Abbott hosted a car presentation in front of the Texas Governor’s Mansion. Playing host to COTA Chairman and Co-Founder Bobby Epstein, Abbott, a Republican, touted the event as an asset to the Texas economy.
Austin Chamber of Commerce board positions on bonds and amendments
By Austin Journal | Oct 16, 2023
The Austin Chamber of Commerce recently announced that its Board of Directors has endorsed the Travis and Williamson County bond propositions, as well as select State of Texas Constitutional Amendments scheduled for the upcoming November ballot. The Chamber received information on the proposed bonds, and various Chamber committees were briefed on the bonds and constitutional amendments by different organizations.
Pledge 1% and Austin Gives partner to foster philanthropy
By Austin Journal | Oct 13, 2023
Austin Chamber announced a new partnership between Pledge 1% and Austin Gives aimed at promoting corporate philanthropy in the Austin area. The collaboration will leverage the expertise, peer networks, and resources of both organizations to provide more recognition and support to Austin companies interested in social impact.
NPLA announces details for 2023 conference in Austin, TX
By Austin Journal | Oct 12, 2023
National Private Lenders Association (NPLA) recently announced the details for their upcoming conference, which will take place in Austin, TX, in October. According to a press release from September 28, this lending industry event will feature former coach Jason Garrett as a guest speaker.
UFCU serves more Central Texas homeowners with mortgages than any competitor
By Austin Journal | Oct 9, 2023
Univesity Federal Credit Union (UFCU) has once again secured the top spot on the Austin Business Journal's Mortgage Companies list. This marks the eighth consecutive year that UFCU has achieved this distinction, solidifying its position as the leading mortgage lender in Central Texas. According to a press release, UFCU has helped more Central Texas residents achieve homeownership and build wealth than any other company.
Abbott announces launch of Texas Small Business Credit Initiative
By Austin Journal | Oct 9, 2023
Gov. Greg Abbott has unveiled the Texas Small Business Credit Initiative (TSBCI) and is inviting financial institutions across the state to apply to participate. The application period will begin on October 9th and run through December 9th, with loan enrollment set to begin on January 15, 2024.
Austin FC and Q2 Collaborate to Aid Local Nonprofits via Q-mmunity Gives Grant Program
By Austin Journal | Oct 4, 2023
Austin FC and Q2 Holdings, Inc. have joined forces to support local nonprofits in Central Texas through the Q-mmunity Gives grant program. The program aims to advance diversity, equity, and inclusion in the community and will provide three separate grants of $50,000 each to nonprofit organizations.
UFCU becomes part of the Allpoint ATM Network
By Austin Journal | Oct 2, 2023
University Federal Credit Union (UFCU) has announced its membership in the Allpoint ATM Network, allowing its members to enjoy the convenience of surcharge-free cash withdrawals at over 500 locations in Central Texas and 55,000 locations nationwide. This partnership will provide UFCU members in Central Texas with access to 63% more ATMs, including those in popular retail stores like Target, CVS Pharmacy, and Walgreens, according to a press release.
PopShorts wins Streamy Award: ‘We are thrilled to be recognized with such an esteemed award’
By Austin Journal Report | Sep 6, 2023
On Aug. 27, PopShorts, an influencer marketing agency based in Austin, won a Streamy Award recognizing their contributions to social impact in working with the International Committee of the Red Cross. Jake Hay, partner and head of business development at PopShorts, is delighted that his company was recognized for its social efforts.
Biden Administration's efforts to promote wind farms off Texas coast come up short
By Austin Journal Report | Aug 30, 2023
Two leases for offshore wind farms off the Texas Gulf Coast failed to attract any interest in an auction held by the U.S. Department of Interior on Tuesday. The auction was part of an effort by the Biden Administration to deploy 30 gigawatts (GW) of offshore wind energy by 2030.
Austin Bank to implement 'new branding and marketing strategies' after latest executive appointments
By Austin Journal | Aug 30, 2023
Jeff Austin III, chairman of the board of Austin Bank, recently announced the appointments of Patty Steelman as community engagement officer and Rachel French as the senior vice president and marketing director.
UFCU: Christy Soukhamneut has taken on the role of chief lending officer at UFCU
By Austin Journal | Aug 23, 2023
University Federal Credit Union recently appointed Christy Soukhamneut as chief lending officer, according to a press release. Within this capacity, she will supervise the consumer lending division as well as offer guidance to the business banking/commercial lending unit.