Susquehanna Bank’s CEO James G. Pierné has been elected chairman of the Maryland Bankers Association.
As chairman, Pierné hopes to strengthen the state banking industry's contribution to financial literacy, by seeing member banks increase their financial education outreach by 15 percent.
Susquehanna will do its part to contribute to this effort, by including employee financial education presentations in the communities they serve and live.
Southwest Airlines is planning to add international flights through a partnership with WestJet, a Canadian carrier.
Southwest and WestJet plan to announce codeshare flight schedules that provide convenient, viable connecting schedules by late 2009. This partnership would mark Southwest's return to international skies.
"A company's dedication to culture and customer service are very high on our priority list when considering a relationship of any kind," Southwest CEO Gary Kelly said in a statement. "We are confident that we've found a perfect fit with WestJet, and we are excited to work toward opening our expansive U.S. network to include Canadian destinations."
Reznick Group has planned a national commitment to give back to local communities. More than 180 employees of the firm’s Baltimore office were organized into teams of 15-50 people to participate in its 2nd annual Community Outreach Day on June 20, 2008.
Employees were deployed to seven nonprofit organization sites throughout Baltimore, which included:
- The Maryland Society for the Prevention of Cruelty to Animals (SPCA);
- The Loading Dock;
- International Book Bank;
- Levindale Adult Day Center in Pikesville;
- Villa Maria Continuum;
- Comprehensive Housing Assistance, Inc. (CHAI); and
- Friends of the Patapsco Valley.
Bill Riley, principal in Reznick Group’s Baltimore office said, “The firm is committed to community service.”
Vernon Williams, author of 425 Ways to Stretch Your $$$$, and principal of The Williams Company, has announced the launch of the company's Web site, www.howtocutyourexpenses.com. The site went live on June 16, 2008 and provides information regarding auto insurance, homeowner insurance, life insurance, health insurance, home loans, refinance loans, home equity loans, and purchasing a car.
Williams is a personal financial planner with a master's degree from Johns Hopkins University and offers online visitors personal finance articles and other free tips and information.
When it comes to renewable energy, Bank of America is ramping up financing deals.
The Charlotte, N.C., bank and Chevron Corp. partnered with the Milpitas Unified School District on a solar power and energy-efficiency project designed to provide electricity needs through solar energy. BofA financed the $24 million solar portion of the deal, and will sell power back to Milpitas Unified under a 23-year power purchase agreement.
The 3.4-megwatt deal for Milpitas was a significant-sized deal for a distributed generation project, said Jim Thoma, senior vice president and manager of energy services at Bank of America Public Capital Corp.