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Stock impact report

Thread Bancorp, Inc. Adds Square Co-Founder Jim McKelvey as Board Observer [Yahoo! Finance]

The Bancorp, Inc. (TBBK) 
Last the bancorp, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.thebancorp.com
Company Research Source: Yahoo! Finance
BRENTWOOD, Tenn., June 11, 2024 BUSINESS WIRE )--Thread Bancorp, Inc. and Thread Bank (together, "Thread") today announced they have added esteemed FinTech innovator Jim McKelvey, co-founder of Square, as a board observer. The addition of McKelvey to Thread's board in this capacity further strengthens the bank's tech-forward philosophy and position as an industry leader in embedded banking. McKelvey's addition underscores Thread Bank's commitment to being at the forefront of the embedded and digital banking industry. Since Thread was recapitalized by a group of investors in 2021, the bank has employed a strategic approach to scaling and deploying best-in-class technology with a primary focus on risk management. McKelvey joining as a board observer demonstrates the sophistication and durability of Thread's business model, as well as the bank's large addressable market. "It's my foundational belief that banking is and always will be about deposits, loans, capital, liquidity, and pa Show less Read more
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