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Hurricane season disaster planning tips for community associations.

PopularBank

At Popular Association Banking, we are happy to see many community associations being proactive with their contingency planning and setting aside money for repairs, replacement reserves and emergency funds, but it is critical that those plans are kept current. For community associations, preparedness is key.

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Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up

PYMNTS

Miami-based micromobility startup Bolt , co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings, which included the mobility-as-a-service (MaaS) platform Gotcha. This was a perfect fit,” Bolt CEO Ignacio Tzoumas said in a press releas e.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. This year we expect another year of market-leading growth. New Markets. Ontario (L.A.),

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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Spotlight on lending: Commercial loan growth geographically

Abrigo

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. From that subset of all U.S. Blog Bank'

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A digital-first bank for south Florida

Independent Banker

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. By Katie Kuehner-Hebert. Name: Locality Bank. Assets: $55 million.

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NCR’s D3 Combines With Nymbus To Enable Banks’ Digital Offerings

PYMNTS

Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers new brands, the FinTech announced in a press release on Monday (Oct. NYMBUS, a provider of cloud-based core technology for financial institutions, was founded by Scott Killoh in 2015.

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