BofI Federal Receives Approval for Nationwide Deposit Acquisition

BofI Federal Bank, the banking subsidiary of Axos Financial, received regulatory approval from the Office of the Comptroller of the Currency to proceed with its purchase of certain assets and assumption of certain liabilities from Nationwide Bank.

September 24, 2018 Axos Financial | BofI Federal Bank | Greg Garrabrants | Nationwide Bank Amanda Koprowski

Reuters: Goldman, First Annapolis Advise H&R on Sale to BofI Federal

Reuters reported H&R Block announced it would sell its bank unit to BofI Federal Bank, generating excess capital of $200 million to $250 million. Goldman Sachs and First Annapolis Consulting were said to be acting as financial advisers to H&R Block.

April 11, 2014 BofI Federal Bank | Covington & Burling | First Annapolis Consulting | Goldman Sachs | H&R Block | Stinson Leonard Street ABF Journal

BofI Federal Bank Closes $22.5MM Bridge Loan

BofI Federal Bank has closed on a $22.5 million bridge loan with 7 West 44th St. Realty in connection with Realty’s acquisition of the Paragon Building.

January 20, 2014 BofI Federal Bank | BofI Holding ABF Journal

BofI Federal Provides RCN Capital Revolver

Specialty lender RCN Capital said it closed on a $25 million revolving credit facility with BofI Federal Bank. The financing will promote company growth.

January 3, 2014 BofI Federal Bank | RCN Capital ABF Journal

BofI Federal Bank Enhances Focus on Lender Finance

BofI said it has expanded its Commercial and Industrial Lending, Lender Finance Division (C&I) under the leadership of Patrick Walsh and Salvatore Salzillo.

November 13, 2013 BofI Federal Bank | Patrick Walsh | Salvatore Salzillo ABF Journal

BofI Federal Bank Launches Healthcare Finance Unit

BofI Federal Bank announced the addition of a HealthCare Finance specialty in its C&I lending division. James Irwin, Jr., founder and president of MC Healthcare Finance, was named to lead the unit.

April 24, 2013 BofI | BofI Federal Bank | BofI Federal Bank Launches Healthcare Finance Unit BofI ABFJ News