Remove Community Bank Remove Florida Remove Marketing Remove Regional
article thumbnail

First Federal reorganizes, Regions wins presidential award

American Banker

First Federal Bank of Kansas City finalized a plan to reorganize its corporate structure; Regions Bank in Birmingham, Alabama, was one of 10 to win the "President's 'E' Award for Export Service"; Rhode Island-based Citizens Financial Group named Jim Weiss as Florida market president; and more in this week's banking news roundup.

article thumbnail

Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Synovus Buys FCB Financial In All-Stock Deal Valued At $2.9B

PYMNTS

Synovus Financial announced on Tuesday (July 24) that it is acquiring FCB Financial Holdings, owner of Florida Community Bank (FCB), Florida’s largest community bank, in a deal valued at $2.9 According to Synovus, once the deal closes, it will be the largest mid-cap bank in the Southeast by deposits.

Florida 100
article thumbnail

Five At Five: Apple Pay Joins eBay Ecosystem

PYMNTS

Coverage includes eBay entering a new relationship with Apple Pay, MoneyGram and Visa announcing a new P2P partnership, Amazon expanding its Whole Foods Market delivery service to new Florida and New York markets, Synovus Financial acquiring FCB Financial Holdings and Ford Motor Co. launching a new self-driving unit.

Apple 101
article thumbnail

These Are Your Most Profitable Cash Management Clients

South State Correspondent

For starters, a customer may carry large balances but not generate franchise value if those balances are all in high-paying money market accounts or are highly volatile. The value driver in cash management is that it is usually some sort of operating account at the bank. We ranked the Top 20 Deposit-Rich Industries ( HERE ).

article thumbnail

Spotlight on lending: Commercial loan growth geographically

Abrigo

A recent data report culled from Sageworks Bank Information , a web-based data platform that includes financial and regulatory information on every U.S. bank and credit union, named the “ Top 15 community banks by commercial loan growth.” Blog Bank' From that subset of all U.S.

Lending 186
article thumbnail

First New Community Bank In Decades Headed To US Market

PYMNTS

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.