Fort Worth City CU Sued for Wrongful Fraud Accusation

Keith Leggett's Credit Union Watch

The deputy city marshal falsely charged with fraud in October is suing the Fort Worth City Credit Union for at least $1 million. Deputy City Marshal Mike Martinez was arrested and charged with fraud in October, on accusations that he withdrew $500 from another person’s account. The withdrawal, however, was discovered later to be a clerical error by the credit union Read more here. Lawsuit

Veritex continues buying spree with deal for Liberty in Fort Worth


The Texas company agreed to buy Liberty Bancshares on the same day it completed its purchase of the $1 billion-asset Sovereign Bancshares. Community banking M&A Capital Texas

Guaranty Bank uses account-switching tool to promote new branches

Bank Innovation

The Mount Pleasant, Texas-based bank has added eight new locations over the past year in locations like Fort Worth and Dallas. Guaranty Bank and Trust is using new technology to make it easier for potential new customers to switch bank accounts as it expands its branch network.

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A push-the-envelope marketer

CU Insight

Erayne Gee-Hill, vice president of marketing at $220 million asset Unity One Credit Union in Fort Worth, Texas, is rarely described as “shy.”. The clever catchphrase paid off says Andy Reed, the CEO of neighboring $21 million asset Texas People Federal Credit Union in Fort Worth.

Texas Exchange Bank's 12-Month New Money CD Earns Up To 1.66% APY

Deposit Accounts

Fort Worth - 12-month (1.51% APY), 24-month (1.76% APY), and 36-month (1.91% APY). According to the CSR at #4, if you do not live in one of the named areas, the default rate is the Fort Worth rate, as the Bank is headquartered in the Fort Worth area. I asked if the Fort Worth rate would be automatically applied during the online application process. 1.51% APY 12-Month New Money CD (Fort Worth) Texas Exchange Bank. | About Us.

Elevate Credit introduces a subprime credit card


The Fort Worth, Texas, company will be competing in a segment of the U.S. card market that has grown more competitive in the last few years. Subprime lending Credit cards Mobile banking

Elevate Credit introduces a subprime credit card

Payments Source

The Fort Worth, Texas, company will be competing in a segment of the U.S. card market that has grown more competitive in the last few years. Subprime lending Credit cards Mobile banking

Real Estate Money Laundering An Increasing Focus Of Governments


The rule applies to all title companies that deal in markets that have luxury real estate including Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle, noted the report.

Amazon Trials Delivery Services At Whole Foods


Amazon will be providing pickup and drop-off services for packages at select Whole Foods locations in the Dallas-Fort Worth area.

A Rising Texas Star

Independent Banker

After a career of nearly three decades as a banker serving various community and regional institutions in the Dallas-Fort Worth area, C. Last month the bank completed its first acquisition since it went public, of another community bank in Dallas-Fort Worth.

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Home Selling Platform Opendoor Seeks To Raise $200M


markets as Atlanta, Raleigh-Durham and Dallas-Fort Worth. One month after home selling platform Knock raised $400 million in a Series B round, rival Opendoor is reportedly looking for $200 million in funding.

AriseBank To Pay $2.3M Over ICO Violations


million worth of cryptocurrency but was not able to locate the rest of the money raised. Rice and Ford lied to AriseBank’s investors by pitching the company as a first-of-its-kind decentralized bank,” said Shamoil Shipchandler, director of the SEC’s Fort Worth regional office.

FinCEN Tightens Real Estate Cash-Buyer Reporting Threshold


The Financial Crimes Enforcement Network (FinCEN) announced that it has issued revised Geographic Targeting Orders (GTOs), which will now require U.S. title insurance companies to identify the individuals behind shell companies involved in all-cash purchases of residential real estate.

Opendoor, Zillow Rival Perch Raises $220M


After launching in San Antonio in early 2018, Perch has expanded to Dallas-Fort Worth, with more markets planned. Home buying and selling platform Perch has announced that it has raised $220 million in new funding. The funding, which is a combination of equity to fund operations and debt to fund home purchases, was led by FirstMark Capital , with participation from Accomplice and Juxtapose.

Target Experiments With New Loyalty Program


However, through the free new program available in the Dallas-Fort Worth area, shoppers can take 1 percent off purchases and put it toward future visits at Target — without having to use a Target-branded credit card. As growth of Target -branded payment cards has slowed, the retailer is beginning to experiment with a new rewards program: Dubbed “Target Red,” the new program will not be linked to a debit or credit card , The Star Tribune reported. “We

Why Pets Are Pulling Retail Innovation’s Leash


Walmart will kick off the expansion with new clinics in the Dallas-Fort Worth area. Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals.

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How Innovation Became A Core Competency For Neiman Marcus


The new Neiman Marcus store in Dallas-Fort Worth is both very much like — and completely different from — the 42 other Neiman Marcus stores scattered throughout the United States. And that better experience, he told Webster, is about more than the new Dallas-Fort Worth store — it’s about what’s next for the brand. And the result in Fort Worth indicates that if you can do it better, it gets a whole lot easier to convince customers to come in.

For Retail Promotions, Rewards Beat Out Discounts


However, through the free new program available in the Dallas-Fort Worth area, shoppers can take 1 percent off purchases and put it toward future visits at Target, without having to use a Target-branded credit card. To create sales lift and purchase intent without the negative brand effects of discounting, Aberdeen Group, which was created for Blackhawk Network’s Hawk Incentives, discovered that promotions based on rewards can be more effective than discount offers.

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Square Acquires Entrees On-Trays For Caviar


Caviar product lead Gokul Rajaram told TechCrunch the purchase is aimed at speeding Caviar’s growth in the Dallas-Fort Worth area and take advantage of the partnerships Entrees On-Trays has formed with local restaurants. Square has made a new acquisition in the on-demand delivery service space – 32-year-old Entrees On-Trays.

Are Consumers Ready To Buy And Sell Homes Online?


markets as Atlanta, Charlotte, Dallas-Fort Worth and Raleigh-Durham, and has plans for more domestic expansion in the coming 12 months.

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Opendoor Buys Open Listing To Create End-to-End Marketplace


The company said it has already started to integrate Open Listing services, which are now live in the Dallas-Fort Worth areas and will soon be rolled out across its other markets. “We Opendoor, the online real estate marketplace, announced on Tuesday (Sept. 11) that it has acquired Open Listings, a platform for homebuyers.

Fridays Flips On Alcohol Delivery For Apps Users


Delivery is an enticing segment for restaurants, because delivery orders, on average, are worth 7.2 If the alcohol delivery test is successful in the Dallas-Fort Worth and Houston areas, TGI Fridays said it intends to roll the program out nationwide in 2018. TGI Fridays is going where no restaurant chain has gone before. The fast-casual restaurateur is adding alcohol delivery to its repertoire of skills.

Elevate To Take Another Crack At An IPO


Conditions now are different, however, with investors looking for new issues — and the Fort Worth-based firm is ready to try and surf that demand wave. Online lender Elevate Credit, Inc. has decided to pursue an IPO, a little over a year after the firm had decided to postpone its listing in the face of the tough market conditions that made 2016 the slowest year for initial public offering in the last ten.

Whole Foods Stores With Amazon Lockers See Rise In ‘Micro’ Visits


For its report, inMarket looked at nearly 100 Whole Foods stores in markets such as New York, Los Angeles, Chicago, Dallas-Fort Worth and San Francisco metropolitan areas. Amazon Lockers may be encouraging shoppers to make quick trips to Whole Foods stores.

A Second Act For Strip Malls


You’re giving up that land you can build on to get rent,” said Stephen Coslik, chairman of The Woodmont Company, a Fort Worth, Texas-based retail property services, brokerage and asset management firm. “It’s The times they are a’changing, and if consumers insist on using the internet to shop, shopping center landlords will have to repurpose their retail properties.

Walmart Expands Test Of Scan & Go To Ten More Locations


According to a news report , some of the new locations for the technology that lets customers scan and pay during in-store shopping without the need for a cashier will be in Dallas-Fort Worth and Nashville markets. Retailing giant Walmart is expanding the use of its Scan & Go mobile app, which is already being tested in around 12 stores in Arkansas, Florida, Texas and Georgia, to include ten more brick-and-mortar locations.

Retail Pulse: Framebridge Opens DC Store; Starbucks Hits 30,000-Location Milestone


In other news, Amazon will be providing package drop-off and pickup services at particular Whole Foods locations in the Dallas-Fort Worth area.

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Warehousing Vacancies At An All-Time Low


Atlanta, Chicago, Dallas-Fort Worth, Greater Los Angeles, New Jersey and Eastern PA have all seen particularly large upswings in demand matched with shrinking availability. The early phases of supply chain management modernization have pushed tenancy in U.S. industrial properties over 300,000 square feet. The push, according to Colliers International Group Inc., is led by wholesalers and retailers looking to expand their eCommece capacity.

Square’s Caviar Settles Gratuity Lawsuit With $2.2M Payout


Caviar Product Lead Gokul Rajaram told TechCrunch in January that the goal of the purchase was twofold: to speed Caviar’s growth in the Dallas-Fort Worth area and to profit from the partnerships Entrees On-Trays had established with local Texas restaurants. Square , Jack Dorsey’s digital payments company, has agreed to settle a class-action lawsuit lodged at Caviar , its on-demand food delivery service, reported TechCrunch. According to the report, Square is paying $2.2

FinCEN Steps up Efforts to Protect Against the Six Biggest Threats to the U.S. Financial System


targeted geographic areas are Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, San Antonio, San Diego, San Francisco, Seattle, and New York City.

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How Airport Accommodations Tap Into Mobile Technology (And Sleep)


To serve travelers looking to get some rest at the airport, hospitality concepts are providing spaces to help consumers relax and catch a nap.

Airlines Raise The Price Of Loyalty


Achieving AAdvantage Executive Platinum status — the top tier of the carrier’s program — now requires $15,000 worth of ticket purchases annually, up from $12,000, according to reports.

Square Makes Zesty Catering App Acquisition


Rajaram told TechCrunch the goal of the purchase was twofold : to speed Caviar ’s growth in the Dallas-Fort Worth area and to profit from the partnerships Entrees On Trays has established with local Texas restaurants. Square has acquired “certain assets” of Zesty to strengthen and scale Caviar , its food ordering platform. The acquisition will help grow Caviar’s corporate ordering business, Caviar for Teams, Square said in an announcement.

Neiman Marcus To Shut Down 10 Last Call Stores


Earlier this year, the high-end department store chain opened a new location in Fort Worth, Texas, and is currently building its first ever Manhattan, New York City, storefront located in the Hudson Yards development on the West Side. Neiman Marcus is refocusing its business plan to more intently promote its full-line stores. That focus has to come from somewhere, though, and the company has announced it is closing 10 of its Last Call off-price stores.

Battle For Pet Retail Dominance Gains Fresh Fuel


Walmart will kick off the expansion with new clinics in the Dallas-Fort Worth area. Walmart is the latest example of the power of pets in retail — a power that is having significant influence among various merchants competing for the loyalty and dollars of pet owners. As well, if done well, pet retail can serve to increase foot traffic into bricks-and-mortar stores at a time when it is dearly needed.

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How J.Crew, H&M, Others Push Hard On Payments Innovation, Loyalty


However, through the free new program available in the Dallas-Fort Worth area, shoppers can take 1 percent off purchases and put it toward future visits at Target — without having to use a Target-branded credit card. In a bid to increase loyalty, merchants are driving innovations in their stores. To that end, some brick-and-mortar retailers have begun to offer rewards programs for the very first time to bring shoppers through their doors. The idea?

Fast Casual Saladworks Gets Fresh With New Locations And Restaurant Tech


Saladworks also plans to plant corporate stores in key markets in Atlanta, Georgia and Dallas/Fort Worth, Texas over the next six to 12 months. Franchising veteran Paul Tripodes has loved fast casual eatery Saladworks since the very first time he ate there, and now he’s the company’s vice president of franchise sales. The 30-year-old QSR brand has plans for aggressive growth in 2017 , and Tripodes will spearhead the effort.

Circuit City Still Eyeing Comeback, But Wants To Take Its Time To Get Things Right


He said work is also underway on the website and that he was working with brokers from CBRE in Dallas to “find the perfect spot in one of the top trade areas in the Dallas-Fort Worth area” for the prototype store.

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Taking On The Last Mile Of Prepared Food With Local Retail Partners


San Francisco or Dallas-Fort Worth – as the menu options are tailored to each market in which the company operates. Prepared food vendors are homing in on a sizable portion of U.S. consumers: They are turning their attention to food tribes, or the 35 to 40 percent of the population who have specific dietary preferences. These customers might be on restricted diet, such as Whole30, keto, vegetarian or gluten-free.

Brick-And-Mortar Retailers Take On Omnichannel


In the Dallas-Fort Worth area, for example, Target is beginning to experiment with a new rewards program. To meet consumers where they want to shop, retailers are taking an omnichannel approach to their offerings. Some customers – those of the brick-and-mortar persona – just want to shop in-store and haven’t purchased anything online over the past three months.

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Bitcoin Tracker: Coinsource


We’re getting calls and emails from people in larger suburbs who want us to put machines out there so they don’t have to drive to Dallas or Fort Worth or Houston. The price of bitcoin has continued its December climb this week. Bitcoin is at its highest value since early Feb. After a drop into the mid-760s on Sunday (Dec. 11), bitcoin rose to a weekly peak of $788.49 on Tuesday afternoon. The remainder of the week was spent lolling about in the mid to upper 770s.

The Changing Omnichannel Expectations Of Consumers


Gap started testing the rewards program in the Dallas/Fort Worth and Atlanta areas, and after expanding the program to the entire state of California, it recruited its millionth customer. Traditional brick-and-mortar retailers are rolling out omnichannel options. To that end, Home Depot has been installing lockers in many of its locations to allow customers who place online orders to easily pick up their merchandise at the store.

Governments Sending Mixed Signals On Blockchain


We’re contemplating adding ‘Blockchain’ to our name so we’ll increase our followers by 70,000 percent,” the official Fort Worth SEC Twitter handle stated. Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. The U.S.