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Walden Mutual aims to serve New England’s food community

Independent Banker

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. The team at Walden Mutual, a planned de novo in Concord, N.H.,

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First Tennessee to Invest $1 Million in Financial Education

American Banker

First Tennessee Bank in Memphis announced Wednesday that it will commit $1 million to Operation Hope’s new HOPE Fund to offer free financial literacy education in low-income communities.

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Lowe’s To Open Four Online Shopping Fulfillment Hubs

PYMNTS

Mira Loma is the company’s second direct fulfillment center, with the first having arrived in Nashville, Tennessee in 2018. percent for Q1 as it responded to COVID-19 by offering support to customers, workers and communities. To provide further same-day and next-day services to its customers, Lowe’s Companies, Inc.

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First Community Bank of Tennessee buying mortgage lender

American Banker

The bank agreed to acquire A Mortgage Boutique, which operates in six states.

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Jack Henry Launches AR Financing For Banks

PYMNTS

First Volunteer Bank has 24 branches through Tennessee and Georgia. By better serving [SMBs] we are better supporting our communities,” Bernthal said in the release. The integration is going to let banks automate some of the last manual processes of AR financing to improve efficiency and transparency.

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More Security In Wake Of Mall Brawls

PYMNTS

Some states, including Connecticut and Tennessee, reported multiple incidences. Mall operators are cooperating with law enforcement on investigations, according to the International Council of Shopping Centers (ICSC). Hundreds are reported to have been involved in 12 states nationwide, leading to a number of arrests.

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Are banks taking advantage of the CECL extension?

Independent Banker

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza. April 2011.