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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported. Locations in California, Alabama, Idaho, Georgia, Oklahoma, Nevada and Louisiana are set to shutter on Thursday, while shops in Mississippi, Texas, Florida and Utah were shuttered as of Wednesday (July 1).

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How Financial Institutions Focus on Customers Is Key

Abrigo

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. Direct Banking Satisfaction Study found that direct banks, or branchless banks that operate online, earned a higher satisfaction score among U.S.

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From CRE to Corporate Culture – BIG Ideas from 2020 ThinkBIG: Manage Risk. Drive Growth.

Abrigo

From economic forecasts to company culture, there were important takeaways for all community financial institutions. . Millennium Bank, like many community financial institutions, is heavily concentrated in commercial real estate (CRE). Drive Growth. Understanding the current state of banking and future expectations.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Bunnell; and Doug, Genelle and Jagger Jones.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. 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. Oklahoma City, and Memphis.

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Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

PYMNTS

Q3 operating profit hit $792 million, up from $254 million the previous year. The company further noted that it has made “continued investments to support and safeguard associates, customers and communities, nearly $1.3 Midwest retailer Meijer has signed on with the service to provide same-day delivery of groceries.

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Top Banking Challenges: Finding Growth in 2021 and Beyond

Abrigo

The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Nearly universally, community financial institution PPP lenders have reported winning new business customers as a result of their help during the PPP.

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