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A digital-first bank for south Florida

Independent Banker

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. Costello has also held senior roles at Bank of Florida, City National Bank and Nations Bank during his 30-year banking career. By Katie Kuehner-Hebert.

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 SMB Lending, Automation In B2B VC Focus

PYMNTS

FinTech investments targeting B2B and corporate services spanned the globe, with particular concentration this past week in SMB lending across India and Europe. The money, which came via Series D round led by Sequoia Capital India and The Three Sisters Institutional Office, brings the total tally raised to date to $81 million.

Lending 116
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The Main Street Rescue That Wasn’t (And Still Isn’t)

PYMNTS

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? They are also too large to get funding through programs solely focused on small business lending.

Maine 218
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Stuck in the middle: Addressing the gap in senior housing with financial solutions.

PopularBank

The so-called “forgotten middle” has been a hot topic for many owners and operators as they look to enhance the options with independent housing and assisted living, hoping to help those trapped in the middle gap. As part of that plan, owners and operators should work with their lender on the following considerations.

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BauerFinancial Recognizes Popular Bank

PopularBank

We greatly appreciate BauerFinancial’s five-star rating,” said Manuel Chinea, Chief Operating Officer, Popular Bank. Popular Bank has branches in New York, New Jersey, and Florida, and provides 24/7 digital banking solutions and access to 55,000 ATMs through the Allpoint network.

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FIS, The Clearing House Partner To Connect Small, Mid-Sized Lenders To RTP

PYMNTS

FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure to provide instant settlements to small to mid-sized banks and credit unions (CUs) and their customers. First Bank of St. Louis, one of the largest privately-owned banks in the U.S.,

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Popular Bank Awarded Five-Star Rating From BauerFinancial For 19th Consecutive Quarter

PopularBank

We are very pleased to be once again recognized as a premier financial institution by BauerFinancial,” said Popular Bank Chief Operating Officer Manuel Chinea. Popular Bank has branches in New York, New Jersey, and Florida, and provides 24/7 digital banking solutions and access to 55,000 ATMs through the Allpoint network.