Data Dive, Columbus Edition: Square, PayPal And One Brave Bank Teller

PYMNTS

Today is Columbus Day, a celebration of Christopher Columbus’ “discovery” of Americas 526 years ago. First, Christopher Columbus never actually set foot in North America, so he discovered an America, not the America. It’s what Christopher Columbus would want you to do.

KEMBA FCU and the Columbus Blue Jackets Renew Partnership

Keith Leggett's Credit Union Watch

The National Hockey League's Columbus Blue Jackets and KEMBA Financial Credit Union (West Chester, OH) have announced the renewal of a multiyear partnership. The credit union will be the presenting sponsor of the Columbus Blue Jackets Foundation's 50/50 Raffle. Read more. Sponsorships

BankFirst in Miss. buys mortgage services company

BankThink

BankFirst Financial Services in Columbus, Miss., has acquired HomeFirst, a mortgage services firm. Community banking Mortgages Servicing M&A Mississippi

Fee income spurs nonbank acquisition for Heartland in Ohio

BankThink

The Ohio company agreed to buy TransCounty Title Agency, which has five offices around Columbus. Community banking M&A Fee income Ohio

Consumer, C&I lending drive Synovus' 3Q profits

BankThink

The Columbus, Ga., company ramped up its business and consumer lending even as it scaled back lending on construction and commercial real estate projects. Earnings M&A Commercial lending Consumer lending Commercial real estate lending Synovus Financial

BofA Will Add 500 New Locations and Redesigns Old Ones With More Tech

Bank Innovation

With these branches, the bank will also move into Cincinnati, Cleveland, and Columbus, Ohio. Bank of America will open 500 new branches in the United States over the course of the next four years, the bank announced today.

Synovus Recruits New CFO from SunTrust

American Banker

Synovus Financial in Columbus, Ga., has plucked its next chief financial officer from in-state rival SunTrust Banks. consumer-finance breaking_news people ga recruitment national-regional

Synovus in Ga. to Buy Specialty Finance Firm

American Banker

Synovus Financial in Columbus, Ga., has agreed to buy Entaire Global Companies in Atlanta. breaking_news national-regional dealmaking-strategy

Huntington Unveils Jobs and Lending Plan for Its Hometown

American Banker

Huntington Bancshares in Columbus, Ohio, said it plans to add 1,000 jobs by 2024 at a new office complex in Columbus and lend $300 million to low- and moderate-income communities in the city over the next five years. breaking_news dealmaking-strategy marketplace-lending commercial-lending small-business oh community-banking national-regional

Kittens, gummy bears and beer: Three things that make a great All Staff Day

CU Insight

Columbus Day. So raise a glass to Christopher Columbus and even though we know you did not DISCOVER America, we are happy for the day off so we can keep America’s credit unions growing and staff motivated to continue to serve our members.

Huntington Wasting No Time Wringing Profit from FirstMerit Deal

American Banker

Huntington Bancshares in Columbus, Ohio, is wasting no time capitalizing on its purchase of FirstMerit in Akron, Ohio. dealmaking-strategy national-regional

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Ohio receives first post-crisis de novo application

BankThink

A group led by former community bank CEO Dave Mallett hopes Ohio State Bank will open for business in Columbus by the end of the year. Community banking De novo banks Capital Ohio

Huntington Unveils Jobs and Lending Plan for Its Hometown

American Banker

Huntington Bancshares in Columbus, Ohio, said it plans to add 1,000 jobs by 2024 at a new office complex in Columbus and lend $300 million to low- and moderate-income communities in the city over the next five years. breaking_news dealmaking-strategy marketplace-lending commercial-lending small-business oh community-banking

Fifth Third's Latest Branch Casualty

American Banker

Fifth Third in Cincinnati has closed a branch in downtown Columbus as part of an ongoing streamlining effort. dealmaking-strategy branch-deals consolidation breaking_news national-regional

Huntington Gains Cyber Expertise by Adding Ex-NSA Agent to Its Board

American Banker

A former cybersecurity expert with the National Security Agency joined the board of directors at Huntington Bancshares in Columbus, Ohio. people oh recruitment national-regional

Synovus profit surges on 8% rise in revenue

BankThink

The Columbus, Ga., bank reported higher fourth-quarter profit on growth in business loans and mortgage banking. Earnings Commercial banking Consumer banking Mortgages Synovus Financial

Pam Joseph resigns as TSYS COO, president

Payments Source

TSYS has announced the resignation of Pam Joseph, less than 17 months after she joined the Columbus, Ga.-based based company as president and chief operating officer. ISO and agent Payment processing TSYS

Synovus posts double-digit revenue growth on surge in consumer loans

BankThink

Net interest income climbed nearly 16%,, though overall profits declined as the Columbus, Ga., company paid down debt and incurred higher expenses related to a corporate rebranding. Earnings Commercial banking Commercial lending Consumer lending Synovus Financial

TSYS Puts Its TransFirst Assets to Work

Payments Source

billion acquisition of TransFirst, an initiative the Columbus, Ga.-based TSYS is beginning to integrate its $2.4 based processor hopes will substantially extend its ability to serve merchants in the high-pressure arena of multichannel commerce. processing news retail-acquiring

Synovus Profits Rise After 6% Loan Growth

American Banker

Synovus Financial in Columbus, Ga., posted higher third-quarter earnings after booking more loans across several lending categories. breaking_news dealmaking-strategy m-a earnings-community-banks national-regional

Huntington Beats Energy Blues, Reports Increased Profit

American Banker

Huntington Bancshares in Columbus, Ohio, withstood issues in its energy portfolio to report higher quarterly profit. breaking_news oh performance national-regional

Expenses Weigh on Synovus’ Earnings

American Banker

Synovus Financial in Columbus, Ga., reported lower quarterly earnings as salaries and personnel expenses increased. breaking_news dealmaking-strategy performance national-regional

Amazon Opens NYC Bookstore

PYMNTS

According to a report , the store, which is located in The Shops at Columbus Circle, is 4,000 square feet and is in a mall that was once home to Borders bookstore. The Columbus Circle store in New York City is the first of three retail locations Amazon plans to open in the New York City market. Amazon.com , the eCommerce giant, will open its first bookstore in New York City Thursday (May 25), marking the seventh physical store for the company.

MCX's CurrentC Pilot to Go Dark June 28

Payments Source

Consumers enrolled in the CurrentC mobile wallet in Columbus, Ohio will be cut off after June 28 when the year-long pilot conducted by Merchant Customer Exchange (MCX) ends.

Site Visits Fuel Anticipation For Amazon’s HQ2

PYMNTS

all made the cut, as did some surprises like Columbus, Ohio. Adding to the anticipation for a decision on its $5 billion HQ2 project, Amazon has reportedly made visits to multiple finalists. According to a person with a understanding of the visits, the eCommerce retailer visited Chicago, New York City and Chicago, The Wall Street Journal reported.

Huntington Pours More Sweeteners into FirstMerit Deal

American Banker

Huntington Bancshares in Columbus, Ohio, is significantly raising the ante in philanthropic and community development investments connected to its planned acquisition of FirstMerit. breaking_news dealmaking-strategy m-a small-business mortgage oh national-regional

In The Park. At A Kiosk. Using Digital Payments. Buying $1.6K Designer Jewelry.

PYMNTS

The company recently signed a deal to bring a dozen such kiosks to Columbus, Ohio, and is currently experimenting with the acceptance of cryptocurrency. Consumers are using less cash than ever, with the average consumer carrying just $21.

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Synovus Gets Boost from 10% Growth in Investment-Property Loans

American Banker

Synovus Financial in Columbus, Ga., reported higher second-quarter earnings on solid growth in revenue and loans for investment properties. breaking_news dealmaking-strategy ga consumer-finance commercial-lending performance earnings-community-banks housing national-regional

Synovus Gets Boost from 10% Growth in Investment-Property Loans

American Banker

Synovus Financial in Columbus, Ga., reported higher second-quarter earnings on solid growth in revenue and loans for investment properties. breaking_news dealmaking-strategy ga consumer-finance commercial-lending performance earnings-community-banks housing national-regional

And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

all made the cut, as did some surprises like Columbus, Ohio. Columbus, Ohio. The finalists are in, and Amazon has chosen its list of the 20 cities still in the running to be the home of its second headquarters (HQ2), according to Bloomberg reports. Austin, Boston, New York and D.C. Amazon first solicited proposals for its new HQ2 in September 2017.

Synovus to Settle Check-Kiting Case for $9M

American Banker

Synovus Financial in Columbus, Ga., has agreed to pay nearly $9 million to settle lawsuits that claim the company knew of illegal transactions by one of its clients. breaking_news community-banking enforcement ga national-regional

Apple iPhone X User Ordered By FBI To Unlock Phone With Face

PYMNTS

According to a report in Forbes , 28-year-old Grant Michalski was ordered by an FBI agent to use Face ID to unlock his phone, which he complied with, during a child abuse case in Columbus, Ohio. An Apple iPhone X user was forced by law enforcement to unlock his phone with his face. The resident was charged with receiving and possessing child pornography in August. When FBI agents searched his home they also ordered him to unlock the phone.

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Connected Cars Hitch A Ride On Smart City Spending

PYMNTS

Two years ago, Columbus, Ohio won a $40 million grant from the U.S. ” Now, Columbus has released a plan detailing its vision, which includes technology for some 1,800 vehicles operated by city workers and volunteers that enable all those cars and trucks to communicate with each other and the 113 roadside sensors that are also part of the overall system. They are siblings, the concepts of connected vehicles and smart cities.

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Target Expands Drive Up Service In The Midwest

PYMNTS

The service is available in markets such as Chicago, Indianapolis and Columbus, and with this expansion, Drive Up is available at more than 800 brick-and-mortar locations in 25 states. Target has brought its Drive Up service to 200 additional stores in the Midwest and select states with its latest expansion of the service. Drive Up allows consumers to order products through Target’s mobile app and pick them up outside a Target store, the retailer said in an announcement.

Payments Exec Joins Board of Texas Capital

American Banker

Watson has been chief information officer at TSYS, a payments processor based in Columbus, Ga., Patricia Watson joined the board of the $19 billion-asset Texas Capital on Friday. since September. breaking_news people bank-technology womenin-banking recruitment tx ga community-banking

Today in Data: Amazon’s Powerful Presence

PYMNTS

Columbus, Ohio; and College Park, Md. $16 Amazon is a powerful presence in the retail industry. There’s no doubt about the magnitude of the effect it has had on retail and the players in it. Almost every day in the news cycle, there is a mention of the eCommerce giant, whether it’s one of their own announcements or someone comparing an aspect of the retail industry to it.

Marine CU to Buy 10 Branches and Deposits from Old National Bancorp

Keith Leggett's Credit Union Watch

The branches are located in Chippewa Falls, Columbus, Dodgeville, Eau Claire, Lancaster, Monroe, New Glarus, Platteville, Prairie du Chien and Stanley. Old National Bancorp (Evansville, IN) entered into a branch purchase and assumption agreement for the sale of 10 Old National branches in Wisconsin to Marine Credit Union of La Crosse, Wisconsin. The branch sale includes the assumption of approximately $274 million in deposits and no loans.

Marine CU Receive Regulatory Approval for Acquisition of 10 Bank Branches

Keith Leggett's Credit Union Watch

The branches are in Chippewa Falls, Columbus, Dodgeville, Eau Claire, Lancaster, Monroe, New Glarus, Platteville, Prairie du Chien and Stanley, Wisconsin. Marine Credit Union (La Crosse, WI) announced that it has received regulatory approval to acquire 10 Old National Bank branches in Wisconsin. The transaction is anticipated to close on October 26, and the branches will open as Marine Credit Union on Oct.

BofA Consumers Can Add Credit, Debit Cards To PayPal From Mobile Banking App

PYMNTS

In a press release, the bank said the 500 new branches include a move into the state of Ohio, offering retail banking services in Cincinnati, Cleveland and Columbus. Bank of America announced news on Tuesday (March 20) that customers can now add multiple credit and debit cards to their PayPal account without having to use a laptop or desktop computer.

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Paytm Seeks BigBasket Partnership To Take On Flipkart, Amazon

PYMNTS

Delivery through its Prime Now offering was launched in Columbus, Dayton, Greater Washington, D.C., India-based eCommerce marketplace Paytm Mall wants to work more closely with regional retailers and team up with eCommerce grocery service BigBasket to compete with Flipkart and Amazon, according to recent Reuters reports. It is currently the third-largest company competing in the country’s retail space. “We

Synovus' 1Q profit climbs 39% on surge in consumer, commercial loans

BankThink

The Columbus, Ga., company also announced late Monday that it is buying the credit card assets and brokered deposits of the retailer Cabela's and will then sell the card portfolio to Capital One. Commercial banking M&A Earnings Commercial lending Consumer lending Sailthru NMN origination no display Synovus Financial Capital One

McDelivery Is McDominating In 1,000 New Markets

PYMNTS

That’s on top of the locations where it was already available, including Atlanta, Chicago, Columbus, Las Vegas, Los Angeles, Miami, Orlando, Phoenix, San Diego and Tampa. 3,500 more McDonald’s markets are going to be lovin’ it by the end of June as delivery service rolls out to even more restaurants. McDelivery on the UberEATS app is available from more than 2,000 restaurants around the country, with 1,000 new stores added in the last week.

TSYS Puts Its TransFirst Assets to Work

Payments Source

billion acquisition of TransFirst, an initiative the Columbus, Ga.-based TSYS is beginning to integrate its $2.4 based processor hopes will substantially extend its ability to serve merchants in the high-pressure arena of multichannel commerce. ISO and agent Retailers Payment processing