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The Millennial Real Estate Boom Beckons?

PYMNTS

In the 2020 National Housing Forecast from Realtor.com , a number of predictions stand out, among them that home price growth will flatten, to a rate of about 80 basis points. In addition, according to the study, affordability will be key, which will be a benefit for mid-sized markets. So, too, apparently, does real estate.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

For starters, a customer may carry large balances but not generate franchise value if those balances are all in high-paying money market accounts or are highly volatile. Finding this intersection is the key to the efficient use of sales and marketing resources. We ranked the Top 20 Deposit-Rich Industries ( HERE ).

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Spotlight on lending: Commercial loan growth geographically

Abrigo

Nationally, the picture is a fine one. The list identified a significant uptick in commercial and industrial lending in the South, as 7 of the 15 community banks included are located in the region. Despite their relatively small mark nationally, this jump in one year can bolster a local economy by serving small businesses.

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Credit Unions: Better Together

PYMNTS

Natural disasters like recent hurricanes Harvey and Irma that devastated parts of Texas and Florida are easier to weather when there is a plan and a structure in place before they happen. Herziger-Snider said the market has consolidated over the last 50 years through a series of regionally-strategic mergers and acquisitions.

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Amid Economic Vigor, Small Firms Struggle To Find Talent

PYMNTS

McMahon told the media outlet about one small business owner in Jacksonville, Florida who attributed rising investments and hiring to recent tax reform. However, what may be more concerning is that, even with a tight labor market, small business employers aren’t increasing wages must. Annual wage growth declined, too, by $0.64

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Farm To People Aims To Be A ‘Launch Pad’ For Food Producers

PYMNTS

To bring the concept of the farmers’ market to the world of eCommerce, online marketplaces are connecting local producers with consumers hungry for fresh food. With that goal in mind, the company has a network of more than 100 farms in the Northeast and Mid-Atlantic regions.

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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Chamber of Commerce president and CEO of the Center for Capital Markets Competitiveness, in an interview with Reuters. Enter: alternative lenders.