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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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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential.

Mobile 168
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Wegmans To Open In Brooklyn; Whole Foods Brings Eateries To 500th Store

PYMNTS

Grocery retailers are opening new stores in cities that aren’t only designed as places for consumers to pick up their weekly groceries: They’re turning them into culinary destinations with eateries as well as features designed for city living. Luxury retailers usually have that type of glass installed, and it’s easier to see inside.

New York 100
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Instacart, Walmart Canada Work On Grocery Delivery Pilot

PYMNTS

According to a report in USA Today in August, the service was available in Atlanta and Augusta, Georgia; Knoxville, Memphis, and Nashville, Tennessee; Little Rock, Arkansas, as well as other cities and regions. The goal is to have the service in 120 metropolitan markets by October, which will cover 1,600 stores.

Nashville 109
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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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Majority Of Consumers Want Digital Coupons, Rewards From Grocers

PYMNTS

H-E-B is not only the neighborhood grocery store for many communities in Texas: It’s also an eCommerce retailer with digital features to better reach its customers. The grocer has brought curbside pickup to cities such as San Antonio, Waco and Houston, while rolling out delivery from Shipt and Instacart.

Texas 116
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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