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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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15 Minutes With … Jimmy Rasmussen

Independent Banker

Finally, I focus on economic news in our markets, which include five communities south of Houston. The news will focus on capital spending and job creation with an emphasis on Galveston Island, which is where our community bank’s headquarters and largest market is. IB: Galveston has a big tourist economy.

Dallas 131
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The Warehouse Building Rush Brought By eCommerce

PYMNTS

Ecommerce is really changing the shape of the market,” said Perry Colosimo, a FedEx spokesman, in a written statement. “We According to some estimates, the Interstate-78/Interstate-81 corridor is the fastest growing industrial corridor in the nation. Dollar General Corp., Ocean Spray and PetSmart Inc.

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Majority Of Consumers Want Digital Coupons, Rewards From Grocers

PYMNTS

The grocer has brought curbside pickup to cities such as San Antonio, Waco and Houston, while rolling out delivery from Shipt and Instacart. Over a year of research, development and beta testing, Shopkick Grocery was found to increase consumer basket sizes to $59 in grocery, drugstore and retail spend per trip versus the $32 national average.

Texas 116
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Uber and Lyft Drivers Could Gain Access to Digital Ad Revenue

PYMNTS

As the report notes, “Firefly’s digital screens, which display geotargeted ads for national and regional brands based on driver routes, area demographics, and traffic patterns, tap into the fast-growing global out-of-home ad market. an hour on average”. In the last quarter, Uber saw a net loss of around $1.01

Detroit 123
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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. This region has the kind of energy that draws people to a place and helps them and their businesses thrive. The Houston metro took the 10th spot with a 20.3% Here’s how four community banks are thriving in this environment.

Texas 182
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33 Ways Drones Will Impact Society: From Fighting War to Forecasting Weather, UAVs Change Everything

CB Insights

According to forecasts , the emerging global market for business services using drones is valued at over $127B. While recreational drones are strictly prohibited in active forest fire regions, they have proved useful when operated by the appropriate teams. LTE vs. Wi-Fi) will be provided to which regions. Conservation.