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Bank OZK Exits Alabama Market Through Branch Sales

Banking Exchange

billion banking giant has agreed to sell two branches to M&M Bank and 22nd State Bank, while PA-based Community Bank is closing two premises Management Feature M&A Feature3 Community Banking.

Alabama 78
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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C Chase said it will also open branches in locations close to major universities in Auburn, Alabama and Lincoln, Nebraska. area, Philadelphia and Boston.

St. Louis 145
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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

With a focus on its corporate customers, Progress Bank , which operates in Alabama and Florida has tapped data and financial management technology company Sensibill to integrate its digital receipt management capabilities. Progress Bank Taps Sensibill For Digital Receipts. Nucleus Software Debuts Supply Chain Tech For Banks.

Fintech 247
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US Jobless Claims At 1.4M For Second Week

PYMNTS

Greg McBride, chief financial analyst at Bankrate.com, said the virus spread and economic rollbacks in the weeks since do not bode well for the labor market in the weeks and months ahead. economy’s backslide as some states dealt with a resurgence in coronavirus cases and re-closed businesses.

Louisiana 136
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The Sharpie’s Indelible Mark On Commerce (And, Well, #SharpieGate)

PYMNTS

The movement started last week when the president tweeted a warning about Hurricane Dorian and said that in addition to Florida, “South Carolina, North Carolina, Georgia and Alabama will most likely be hit …”. As it turned out, Alabama was not on the list – so the NWS quickly tweeted a correction. But on Wednesday (Sept.

Alabama 148
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Mall Vacancies At Highest Level In Eight Years

PYMNTS

Reis data indicates that the proportion of units sitting empty in some cities – with the inclusion of Birmingham, Alabama and Indianapolis, Indiana – is roughly four times higher than San Francisco, the Financial Times reported. Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S.

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Target Wants To Ramp Up Shipt Deliveries In The New Year

PYMNTS

Target currently provides same-day service for in about 200 markets through 46 states. When Target first started with Shipt about a year ago, the service was only available in about 70 markets. Now, with the new year just days away, Target has revealed some of its plans for the future with Shipt, according to reports.