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Starbucks Opening Two New Locations To Boost Minority Business

PYMNTS

Starbucks announced that it will open stores in Dallas, Texas and Trenton, New Jersey as part of its program to invest in at least 15 underserved communities across the nation by 2018. Starbucks has opened six similar stores so far, including in Ferguson, Missouri, central Phoenix, and East Baltimore.

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Industry Trade Groups Respond to FHFA Request for Input on PACE Transactions

CFPB Monitor

The organizations note that had such a policy been in effect in 2019, the “arbitrary fees” could have applied to nearly one million home purchase transactions in the three states (California, Florida and Missouri) that permit residential PACE financing. The deadline to respond to the request was March 16, 2020. RESPRO), and U.S.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June. ShopRite, a Wakefern Food Corp. brand, is accepting online EBT payment at select locations.

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Apple Pay’s Latitudinal Reach

PYMNTS

City National Bank of Colorado City. First Bank of Missouri. First Community National Bank. First National Bank (IA). First National Bank (MN). First National Bank (SD). Citizens Bank of Kentucky. Citizens State Bank of Paola. First Credit Union. First Flight Federal Credit Union. First Guaranty Bank.

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Sageworks’ speakers tackle tough banking topics

Abrigo

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

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Simmons First to Close 10 Branches for $1.6M in Yearly Savings

American Banker

Simmons First National in Pine Bluff, Ark., plans to close 10 banks across four states by the end of the second quarter: three branches in Arkansas, four in the Missouri and Kansas region and three in Tennessee.

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Vigilant Eyeshades

Independent Banker

Missouri Bank sharpens focus on trimming expenses. When John Zimmer took over as president of HNB National Bank in Hannibal, Mo., After Zimmer’s first year personally scrutinizing all expenses, HNB National had eliminated $402,000 in costs. Zimmer says community banks shouldn’t be hesitate to negotiate with their vendors.