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Community banks are thriving in Texas

Independent Banker

Here’s how four community banks are thriving in this environment. This region has the kind of energy that draws people to a place and helps them and their businesses thrive. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6

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Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax; Amazon Gets FAA’s OK For Drone Delivery 

PYMNTS

Big Tech Updates Fees to Reflect UK Digital Services Tax. Apple announced upcoming tax changes for apps and in-app purchases to include tax law changes in the U.K. digital services tax on to consumers in addition to an existing 20 percent value-added tax. customer charges to cover the new tax.

Taxes 131
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Robots Sizzle, Tax Reform Fizzles And Facebook Raises Eyebrows With Its Timing

PYMNTS

They’ll have the option to discover others with similar interests through their Groups or Events.”. Unlocking allows Dating for Facebook users to make their profile visible to other attendees of an event or a group of which they’re a part. Facebook hopes to be able to point out who else at the bar is single and ready to mingle.

Taxes 115
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Credit Issues Stalk Malls And Anchor Tenants

PYMNTS

This creates an exciting opportunity for the communities that surround these properties.”. Writing in NJ Biz, Linfante points to the mall anchors and other tenants that have already closed, expressed financial concerns or filed for bankruptcy that will lead to significant challenges will be faced by regional malls. can go on forever.”.

NJ 132
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How To Sell Prepayment Provisions In Commercial Loans

South State Correspondent

If banking had an Olympics, creating loan value would be an event. Many community banks will market their fixed rate loans based on the simplicity of the prepayment provision, and this starts by understanding the value that each provision creates. Step 1: There is No Prepayment Penalty on the Loan. Putting This Into Action.

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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

T he events that unfolded in that bright blue sky on September 11, 2001 will stay with Americans forever. BSA was intended to detect illicit activity through cash and monetary instruments to catch tax evaders using secret foreign bank accounts. See Part I: Implications for Community Financial Institutions. Never Forget.

Training 195
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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. Recent events have increased and made customers more sensitive to safety, service, and convenience instead of rate. 9) Brand Matters: SVB had one of the best brands in banking.