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Fizzle Of The Week: Bitcoin — The Bad Neighbor

PYMNTS

For those not used to thinking about electricity by the gigawatt, the estimates mean this: Even at the low end, bitcoin mining uses as much power as a nation state. The debate is whether that nation state is small (Lithuania-sized), medium (Morocco-sized) or medium-large (Israel-sized). Use of power is not very evenly distributed.

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Best of Banking Awards for 2021

MyBankTracker

TaxSlayer Option to deduct filing fees from tax refund. Woodforest National Bank Large branch network. TCF National Bank Focus on financial wellness and literacy. The Best National Bank category includes banks or credit unions with 1,000 or more branches. TurboTax Intuitive and easy-to-navigate mobile apps. Get Details.

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E-Signature Approval

Independent Banker

The bank’s mortgage company has developed a national retail lending presence over the last 18 months using phones and email, rather than branch offices. “We Webster says FDIC officials had “no issue” with the mortgage company’s use of electronic signatures during a recent exam of PrivatePlus Mortgage.

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What’s in it for Me? Real Estate Investment Technology

Fintech Labs Insights

The company focuses on commercial, retail, and multifamily properties in all major U.S. Investor funds are held in an Investors Trust Account with City National Bank and in the event of default, the funds are FDIC insured up to $250,000. Realty Mogul offers a 1031 exchange option for investors for a tax-friendly funding option.

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The Thinker

Independent Banker

Retail locations: Seven. FDIC Advisory Committee on Community Banking, member. National Management Association/Grand Lake chapter, treasurer and president. Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. By Kelly Pike. The Peoples Bank Co. Coldwater, Ohio. Assets: $450 million.

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