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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The closures announced on Wednesday include many stores in the vicinity of Los Angeles and the last two open stores in Florida.

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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. INTRUST Bank recently announced it is also taking part in the trend of collaborating with FinTechs.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

For example, if you are a bank in California, Florida, New York, or Pennsylvania, going after private schools, colleges, or insurance companies should be considered due to not only the large number of target institutions but also the size of those institutions, which lends itself to having multiple banks.

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Spotlight on lending: Commercial loan growth geographically

Abrigo

Nationally, the picture is a fine one. bank and credit union, named the “ Top 15 community banks by commercial loan growth.” The list identified a significant uptick in commercial and industrial lending in the South, as 7 of the 15 community banks included are located in the region.

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Credit Unions: Better Together

PYMNTS

Natural disasters like recent hurricanes Harvey and Irma that devastated parts of Texas and Florida are easier to weather when there is a plan and a structure in place before they happen. While big banks may do good things within communities, credit unions are built on the very principle of community, she explained.

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After Orlando, Florida Banks Try to Help Community Heal

American Banker

Bankers are donating money and promoting blood drives in the wake of the deadliest mass shooting in U.S. However, a long-term strategy to stay involved with the issues that the tragedy has brought to light is also considered important.

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Amid Economic Vigor, Small Firms Struggle To Find Talent

PYMNTS

What does that mean for the small business (SMB) community? McMahon told the media outlet about one small business owner in Jacksonville, Florida who attributed rising investments and hiring to recent tax reform. Analysts noted an upward revision of job gains in April and May, too. “It’s a very confident business economy.