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United in Alabama to enter new market with bank acquisition

American Banker

The company will pay $29 million for Town-Country National Bank in Camden, Ala., which will operate as its own subsidiary after the deal closes. ]].

Alabama 66
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Lawmakers Eye Alternatives To Renter Security Deposits

PYMNTS

New York, Ohio, and Virginia lawmakers all have introduced security deposit-focused legislation designed to help renters in markets often without designated, affordable and low-income housing. Alabama, Connecticut, and New Hampshire representatives say they will follow suit this year with a similar legislative approach.

Security 139
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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

PYMNTS

million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart. Founded and based in Birmingham, Alabama, Shipt launched in Nov.

Google 100
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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

Additionally, CarMax is prohibited from directly or indirectly stating in marketing, advertising, or during sale (including vehicle labeling) that a vehicle is “safe” or has been repaired for “safety issues.” . This information must also be displayed on the window sticker for vehicles sold in stores.

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TGI Fridays, Fast Casual Food To Cater To Millennial Expectations

PYMNTS

It’s far from the first brand to attempt to express its pro-millennial stance through open floor plans and extended hours, but newly minted CEO Robert Palleschi told Nation’s Restaurant News that the Corpus Christi concept store will also be one where TGI Fridays gets to test out a whole new culture.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

He sensed the family’s passion and liked their idea of starting with selling milk at farmers’ markets, roadside shops and small grocery stores. We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. American Bank, National Association.

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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. MCBS, with a market cap of $705 million, and LTM revenues (net interest income plus fee income) of $125.5

Capital 78