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OnDeck’s ODX Digitizes Investors Bank SMB Lending Platform

PYMNTS

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101
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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc. New York Metro. Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy. President and CEO Ignacio Alvarez. “We Nicole Siciliano.

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

REITs are not exactly a source of good or even consistent news these days. Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

The tri-state area (New York, New Jersey and Connecticut) saw the highest growth in the district, an impressive 7 percent. Many of the issues which the OCC will be focusing on ring true for all banks regardless of regulator and region. The OCC on Oct. This metric surged from 2 percent as of June 30, 2013, to 4.4

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The eCommerce Bachelor: Which City Will Get The Rose?

PYMNTS

Jeff Bezos missed a major marketing opportunity there (as if Amazon needs it). New Jersey, for instance, is offering more than the price of Amazon’s investment in tax credits, to the tune of $7 billion, if the company puts HQ2 in Newark. How is the race to be Amazon’s second home city not a reality show? Doña Ana County.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. picks up Bancorp of New Jersey, Inc. Bank Acquisition of the Year.

Idaho 148
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Banking's Top 5 in Total Return to Shareholders: 2017 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. Total return includes two components: capital appreciation and dividends. million on assets of $1.4