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The bank was established in 1871 in Brewster, New York as the Putnam County Savings Bank. [2] In April 2015, the bank acquired CMS Bancorp. [3] In October 2015, the bank changed its name to PCSB Bank. [2] In April 2017, the company converted itself from a mutual organization to a joint-stock company and became a public company via an initial ...
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The debt service coverage ratio (DSCR), also known as "debt coverage ratio" (DCR), is a financial metric used to assess an entity's ability to generate enough cash to cover its debt service obligations, such as interest, principal, and lease payments. The DSCR is calculated by dividing the operating income by the total amount of debt service due.
Jack Henry (JKHY) is a provider of financial technology solutions [buzzword] and payment processing services, mostly to community banks and credit unions.The company offers transaction processing, business process automation, and information management solutions [buzzword] and services. [2]
Cash App customers may be able to claim more than $2,500 each as part of a $15 million class-action settlement for data and security breaches at the mobile payment service.
Currency Transaction Report, March 2011 revision. A currency transaction report (CTR) is a report that U.S. financial institutions are required to file with the Financial Crimes Enforcement Network for each deposit, withdrawal, exchange of currency, or other payment or transfer, by, through, or to the financial institution which involves a transaction in currency valued at more than $10,000.
In financial accounting, free cash flow (FCF) or free cash flow to firm (FCFF) is the amount by which a business's operating cash flow exceeds its working capital needs and expenditures on fixed assets (known as capital expenditures). [1]
The building was to remain the Brooklyn Savings Bank's headquarters for almost 70 years. In 1961, the bank's management decided to build a new headquarters at the corner of Montague and Fulton Streets in Brooklyn, [3] and in 1963 the old bank building was sold to the Franklin National Bank, after which it lay idle for some months. [4]