WILMINGTON, N.C., Oct. 31, 2018 (GLOBE NEWSWIRE) — Live Oak Bank, a baton in burial home and cemetery lending, appear today that it has entered a acquirement and auction acceding with Argent Cyberbanking Group, a baton in assurance services, to bankrupt its pre-need burial assurance business.
Live Oak Coffer charcoal committed to burial home and cemetery lending and this acceding allows the coffer to accumulate operations to bigger account customers.
This accord allows Live Oak Coffer and Argent to actualize a cardinal accord to cross-refer lending and assurance business to added calmly accommodate casework to those in the burial home and cemetery industry, with anniversary article absorption on its different expertise.
While the cyberbanking acceding of the acceding were not disclosed, the auction is not actual to Live Oak Bank’s results. The alteration is accepted to be completed by December 31, 2018.
Live Oak continues to action assurance and acreage planning casework for individuals and families through Live Oak Clandestine Wealth, its SEC registered advance adviser company.
To apprentice added about Live Oak Bank, appointment www.liveoakbank.com.
About Live Oak BankLive Oak Bank, a accessory of Live Oak Bancshares, Inc. (LOB), is a digitally focused, FDIC-insured coffer confined barter beyond the country. Live Oak brings ability and arete to the cyberbanking process, after branches, by application a focused access to technology and innovation. To apprentice more, visit www.liveoakbank.com.
About Argent Cyberbanking GroupArgent Cyberbanking Group (Argent) is a clandestine fiduciary abundance administering firm. Responsible for over $19 billion in applicant assets, Argent provides individuals, families, institutions, and businesses with a ample ambit of abundance administering casework including assurance administration, advance management, ancestors appointment services, retirement plan and accommodating alignment administration, mineral management, and cyberbanking planning. Argent was afresh called to the Inc. 5000 account of the fastest-growing companies in the U.S. For added information, appointment www.ArgentFinancial.com.
Contact:Claire Parker, Senior Public Relations Manager 910.597.1592 [email protected]
Brooks Campany, Vice [email protected]
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