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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Coast Capital On The Innovations Driving CUs’ Digital-First Future. To get the full story, download the Tracker.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. More than 500,000 customers have received secured cards through the program. Marion, Ky.

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Bill.com Acquires Divvy For $2.5B To Enter The Spend Management Space

CB Insights

Divvy: Utah-based Divvy is a spend management platform that integrates expense management and smart corporate cards into a single platform for enterprises. Bill.com: California-based Bill.com, a cloud-based payments platform, assists SMBs automate their back-end financial operations. and Houston, Texas. in March 2021.