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First Federal reorganizes, Regions wins presidential award

American Banker

First Federal Bank of Kansas City finalized a plan to reorganize its corporate structure; Regions Bank in Birmingham, Alabama, was one of 10 to win the "President's 'E' Award for Export Service"; Rhode Island-based Citizens Financial Group named Jim Weiss as Florida market president; and more in this week's banking news roundup.

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ALDI Plans 70 New Store Openings In Expansion Push

PYMNTS

The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth with a new Alabama distribution center, according to a Tuesday (July 21) announcement. As it stands, the company operates 180 retail locations in Florida as well as Alabama.

Alabama 159
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Dollar General Introduces 'popshelf' Store Concept

PYMNTS

The Clarksville and Hendersonville communities, which are near Nashville, Tennessee, are the anticipated homes of the first two popshelf locations. Plans are in place to have roughly 30 locations in different markets before the conclusion of fiscal year 2021.

Nashville 109
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Old School, New School: TCU Pairs AI And Outreach To Personalize Members’ Experiences

PYMNTS

This represents 59 percent growth over the past 10 years, much of it buoyed by a surge in sign-ups across the Oceania region. The space has added 107 million members over the past decade, with 17 million joining just in 2019.

Alabama 228
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10 ideas to boost your bank brand

Long Lasting Ideas

These are ideas that shatter the notions of conventional bank marketing: Have a little fun at the expense of your competitors: One major bank brand uses green bicycles and a marching band to pump up its brand. Know your community’s cultural touchstones. You could do the same, depending on the things that matter to your community.

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Top 5 Total Return to Shareholders: #4 Bank of the Ozarks

Jeff For Banks

But he held firm that the regulatory environment, changing customer preferences, and the pace and expense of technology were driving the market towards bigger is better. Neither supported this regional president''s opinion. They had to grow to survive. I challenged the thinking. In that, I thought, he has a point.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

In a statement , HSBC Bank USA Head of Retail Business Banking Shaun McDougall said fueling the SMB community is important to support the broader U.S. We are looking forward to starting operations in this market, bringing our first-class API infrastructure to the region.". Progress Bank Taps Sensibill For Digital Receipts.

Fintech 247