Synergy One Lending has agreed to acquire the assets of BBMC Mortgage, a national mortgage company.
BBMC offers a full suite of home financing products and services including traditional mortgage products and reverse mortgages through a wide network of loan officers, as well as direct sales channels.
“BBMC has built an impressive team and we are a strong cultural fit--with both firms committed to a relentless drive towards an exceptional customer experience through the combination of talent, technology, and digital marketing expertise,” said Terry Connealy, CEO of Synergy.
In addition to acquiring select assets and leases, Synergy One expects to transition most BBMC employees to the company, which is a wholly owned subsidiary of Mutual of Omaha Bank. The terms of the transaction were not disclosed.
“Synergy One and Mutual of Omaha Bank put their customers first, which aligns closely with BBMC’s culture and commitment to honesty, fair dealing and superior customer service,” said Jeff Gennarelli, president of BBMC Mortgage.
Citizens-Military Warriors Support Foundation Donate House to VA
Citizens Bank in collaboration with the Military Warriors Support Foundation will donate a just renovated, mortgage-free house to a deserving veteran and his family.
The Aldan, Pennsylvania home--renovated by Citizens Bank colleagues and donated by the bank--was presented today to Private First Class Michael Lowe, who honorably served his country as a combat engineer in Iraq and Korea.
Michael was inspired to join the Army in the aftermath of the terrorist attacks on New York City on September 11, 2001. He was born in Georgetown, Guyana, and raised in Brooklyn. He entered the Army in March 2003 and served until 2006 as a Private First-Class Combat Engineer serving in Korea and Iraq. Before retiring from the Army for medical reasons, Michael received several awards and commendations for his service including the Purple Heart.
“We are proud to honor Michael’s brave service by providing him with a home that has been refurbished with pride and great care,” said Brad Conner, vice chairman and head of consumer banking for Citizens Bank.
At a ceremony today, Citizens colleagues lined the street to welcome Michael and his family to their new home. Representatives from Citizens Bank and Military Warriors Support Foundation presented the keys to Michael and led him on a tour of his new home.
More than 100 Citizens Bank colleagues have donated their time volunteering on various projects to improve the house. Citizens Bank colleagues donated their time and talents, as well as items for the home (television, snow blower, gas grill, gardening tools, small kitchen appliances and silverware, living room, family room, and bedroom furniture) and gift cards for various stores in the area.
