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A digital-first bank for south Florida

Independent Banker

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. In partnership with Nymbus, the bank’s custom digital platform is built on a secure cloud-native core banking system with an open API architecture.

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First New Community Bank In Decades Headed To US Market

PYMNTS

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. Red River State Bank. First State Bank. Bank of Lindsay.

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AvidXchange: Automating HOA Payables Is Harder Than It Sounds

PYMNTS

If one board member splits time between Florida and Boston, it can hold up approval until that person is available to sign. The FinTech automates invoice management and payment processes for several HOA management companies today, and its recent partnership with Bradenton, Florida-based Premier Community Bank will build on that, Praeger said.

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For FinTech, The Age Of Big Bank Collaboration?

PYMNTS

In other company-specific reports, AvidXchange , which offers up accounts payable and payable automation solutions for midsized companies, has struck a multi-year partnership with Premier Community Bank focused on the latter’s Homeowner Association management customers. The partnership involves strategic referrals.

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Starling Bank Now Accepts Apple Pay

PYMNTS

In an interview, Starling Chief Operating Officer Julian Sawyer said using the technology of Pay by Bank is “important as it not only allows customers to bank and transact on the go, but also to benefit from a greater range of choice and sense of security.”

Apple 100
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Finova Financial Review: Secured Personal Loans With Your Car

MyBankTracker

To qualify, though, you must live in one of the following states: Arizona Florida California South Carolina Tennessee New Mexico Finova is unique because you’re able to unlock the cash or equity in your car. When applying for a personal loan, most banks and credit unions require applicants to provide some sort of collateral.