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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

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Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?

PYMNTS

The net impact of Amazon’s decision translates to Bear Down Logistics’ facilities shutting down in Ohio, Virginia and Illinois in April — with 280 positions lost. The Seattle Times reported that a Bear Down Logistics driver in Michigan makes $15 an hour, while UPS pays about $20 an hour in the same region for the same work.

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Retail Pulse: The Price Must Be Right

PYMNTS

The discount furnishings retailer has a presence across Canada and Europe, with dozens of locations in those regions, but is just getting its feet wet in the good old U.S. The company aims to open 100 new locations this fiscal year and is backing up the growth with a dedicated distribution center in Columbus, Ohio.

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Business Trend Lines

Independent Banker

As in past years, community bankers will continue to contend with a dynamic, highly competitive lending environment in 2016. Increased competition from online lenders. Mark Vis, a real estate and commercial loan officer with First State Bank Southwest, a $250 million-asset community bank in Worthington, Minn.,

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Dynamic Duo

Independent Banker

Sherrod Brown (D-Ohio), Sen. From opposite political directions, Senators Shelby and Brown stand on point to greatly influence community banking’s agenda in the next Congress. Moreover, ICBA and community bankers from Alabama and Ohio have established strong working relationships with the senators. By Ed Avis.

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Welcome to New Orleans

Independent Banker

Welcome to the Crescent City, where the largest educational gathering of community bankers convenes this month. It’s Community Banking LIVE 2016 in New Orleans. Coldwater, Ohio. Independent Community Bankers of America. State/Regional Partners Reception*. General Session Speakers. Jack Hartings. jjhartings.

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FI Highlight: S&T Bank

NCR

April kicked off Financial Literacy Month so we recently talked with Becky Stapleton, senior executive vice president and chief banking officer at S&T Bank, to learn about the various initiatives they host in order to promote financial literacy in their local community. S&T Bank is a community bank in every sense of the term.