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Community banks are thriving in Texas

Independent Banker

Here’s how four community banks are thriving in this environment. Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. Photo by Dennis Burnett. By Mindy Charski.

Texas 182
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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

With the first tax season post-tax reform nearing completion in the U.S., Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. Tackling Tax.

Taxes 193
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Tax Reform Shows Early Signs Of SMB Bank Lending Impact

PYMNTS

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative.

Taxes 122
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Small Business Lending Is Crucial in Fighting the Deposit Wars

Gonzobanker

Community banks need to analyze the demographics and varied business segments to identify the growth potential of each market. Since fintechs are the primary competition for community banks in this space, the VP of business lending needs to pay special attention to this segment. No two markets are created equal.

Lending 78
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Robots Sizzle, Tax Reform Fizzles And Facebook Raises Eyebrows With Its Timing

PYMNTS

Two hundred million singles times $15 a month is a lot of zeros and decimal points — not to mention the anchor for making reservations for date night, booking trips for the engagement weekend and the showers and bachelorette weekends to follow. May Day : No distress call here when it comes to commerce amid a national holiday.

Taxes 115
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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

Take the time and effort to explain the backgrounds of the bankers, both personal and professional, and invite the community to establish a relationship. The average community bank may have 30% to 50% on mobile, while the national banks are closer to 80%. The goal is to create energy and engagement.

Data 195
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Can Rio de Janeiro Withstand The Olympic Pressure?

PYMNTS

In an effort to spur job growth, the Brazilian government offered tax and legal incentives for technology companies within Rio. The Cariocas startup community was launched in 2015 and is an example of the startup scene’s maturation, providing a place of support and information for startups in the city. Efficiency Drives Growth.

Trends 100