King named senior vice president and CFO at Randolph Savings Bank
Timothy King has been named senior vice president and chief financial officer at Randolph Savings Bank according to Tom Drummey, chief operating officer.
King's responsibilities will include the oversight of bank accounting and finance function, being an integral part of the senior management team, along with being a part of the formulation of bank policy and objectives.
King has over 21 years of related banking experience throughout the north east. King has recently served as executive vice president and chief financial officer of Atlantic Community Bank, a commercial bank located in Bluffton, SC, chief financial officer of NBRS Financial Bank, Patapsco Bank and Capital Savings Bank in Maryland as well as Mass. Co-Operative Bank in Quincy.
In addition, King has worked as a senior securities trader for Fidelity Investments and has held a general securities license. He earned a bachelors degree in accounting and finance from Mount Saint Mary's University.
Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.
Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)
It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property