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Local Governments Move In On Retail Vacancies

PYMNTS

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. The law opens up much more territory to these operations, which had only been permitted in areas zoned for industry. and San Francisco. Starting Jan.

Retail 135
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Commercial Real Estate or Business Lending: Which Is Better?

Jeff For Banks

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. This was the conversation I had with a senior lender of a client at the Massachusetts Bankers' Association annual convention. The much sought after "operating account."

Lending 78
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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

Colorado 126
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COVID-19’s Chilling Effect on Summer Vacation Rentals

PYMNTS

And as Logie noted, in Massachusetts, amid the self-quarantining, as businesses shutter and restaurants embrace takeout and delivery, and shop shelves are bare, life on Cape Cod has become a “day by day, week by week situation.”. “It’s been difficult for everyone,” Logie said. The Bigger Picture. Looking Toward The Other Side.

New York 183
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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Economics Beats Politics Award – Goes to FTN Chief Economist Chris Low at ABA’s Community Banking conference.

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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. Banks often ignore this risk, particularly those with limited geographical footprints where community members talk. This should be a standard operating procedure at every bank.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

And don’t forget that they are still finishing the $667 billion Operation Twist Program by year end 2012, where they sell shorter maturities and buy longer term ones to push interest rates lower. Much uncertainty still exists as to whether Congress will extend the tax cuts that are set to expire on January 1, 2013. So stay tuned!