article thumbnail

Popular Association Banking’s Molly Hime to Retire. Carlos Hernandez Named New Division Manager.                                       

PopularBank

Under her leadership, the team has quadrupled in size and has originated more than $5 Billion in association loans as well as more than $1.6 Carlos has been with Popular since 2005 and most recently was head of Retail Banking for the South Florida Region. Billion in deposits. I leave with tremendous pride,” said Molly.

article thumbnail

Pokemon The Surprise Retail Sizzle Of The Summer?

PYMNTS

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. But when it comes to a tactic that plays rope-a-dope with the facts about something, say as serious as whether or not China hacked into the FDIC, then it is not at all cool. Amazon Sellers .

Retail 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ground attack or air strike: Winning the banking customer battle

Insights on Business

Should growth-seeking retail banks favor air strikes with heavy investment in digital, or build a branch network to launch ground attacks? Together, they can guide retail bankers in finding the optimal balance in the digital vs. physical dilemma. How can retail banks invest on the spectrum of digital vs. physical? See figure 3.

Branding 143
article thumbnail

The Death of the Community Bank

Jeff For Banks

A mid-2020 survey performed by Cornerstone Advisors showed that 51% of retail customers that opened a new bank account within the last three months did so at a large, national bank. When I made that speech in 2008, there were approximately 8,500 FDIC-insured financial institutions and today that is around 5,000, a 40% decline.

article thumbnail

Trust: Once Again the Most Precious Currency in Banking

Gonzobanker

Irvine Sprague, Former FDIC Director So Gonzo Bankers … how many of us have been hesitant lately to check our iPhone each morning to see what trouble may have hit the fan in the financial world during a few restless hours of slumber? With the current situation, updates from leadership should be coming out at least weekly.

article thumbnail

Acquire or Be Acquired 2018: Breaks, Bulls and Business Models

Gonzobanker

Big announcements like JP Morgan Chase’s to hike the pay of 22,000 workers and build 400 new branches certainly had bankers inspired to show some level of investment and even civic leadership from the tax break. In addition to a historic tax cut, bankers were equally excited by the shifting winds and tone of the regulatory environment.

Taxes 75
article thumbnail

Seven Big Threats Facing Seven Big Tech And Payments Players This Halloween

PYMNTS

Facebook leadership underestimated the role that platform governance plays in keeping platforms alive and thriving – and it may be too little, much too late to turn things around. Census Bureau still wants us to believe that 90 percent of retail sales still happen in the physical store. And it is the business of retail now.

Payments 196