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Community banks are thriving in Texas

Independent Banker

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3%

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ECB Wants ‘Single Agency’ For AML Enforcement

PYMNTS

In addition, the official noted that the region has “seen cases recently where AML issues have compromised the functioning and even the viability of some banks, so it is very important here to move forward.”. Monitoring money-laundering, however, is usually handled at the national level.

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First New Community Bank In Decades Headed To US Market

PYMNTS

The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking. 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.

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Their non-performing loans (NPL)/total loans ratio peaked at 12.54% in 2010, and between 2009-12, the Bank charged off over 11% of its loan portfolio. Then, kaboom!

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Real Estate: Love it or hate it?

Jeff For Banks

of total assets at March 31, 2010 (see link below). dropped 24% from 2007 through the first quarter 2010. One regulator, on a panel at a banking conference, told a tale of a recent conversation he had with his regional director. Countless bank CEO''s, senior lenders, and bank directors tell me so. Are these more reliable?

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Reverse Logistics: Optoro Clinches $30M Series D

PYMNTS

That capital announcement comes despite fears over what Brexit might mean for the FinTech sector across the pond in general, and the peer-to-peer lending sector continues to grow — by some estimates, at about 50 percent annually. Statistics from the National Retail Federation show that returns cost U.S.

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OrderGroove Funds Frictionless Commerce With $20M Series C

PYMNTS

Looking at the geographic concentration of activity, the US was the most active region, with 47 percent of activity, followed by China at 41 percent. Founded in 2010, the company offers a SaaS-based subscription technology platform and builds tools for brands and merchants looking to add subscription services to their retail repertoire.

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