article thumbnail

Small banks: Big challenges and big opportunities

Abrigo

The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. Balance runoff is picking up speed, according to financial consulting firm Curinos.

article thumbnail

PetSmart Continues Brick-And-Mortar Expansion With More Store Openings

PYMNTS

In a press release, the company said the latest expansion efforts add to the 35 new stores launched during the first half of the fiscal year, bringing the total count of store openings in the region to 63 stores. Canada and Puerto Rico, and the company operates another 207 in-store PetSmart PetsHotel dog and cat boarding facilities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Non-performing ag loans increase, says lender survey

Abrigo

Agricultural lenders are reporting increases in non-performing farms loans and decreased farmland values, according to the latest Agricultural Lender Survey conducted by the Kansas State University Department of Agricultural Economics. Lenders cited lower commodity prices, rising operating costs and the softening of cash rents.

Survey 150
article thumbnail

Ag lending demand increases as farm margins tighten

Abrigo

Commercial lenders could continue to see elevated demand for agricultural loans – particularly for short-term financing to cover operating expenses -- thanks to tight profit margins for many producers. Current operating loan volumes grew for the third year in a row following several quarters of depressed crop prices,” researchers said.

article thumbnail

Retail Pulse: Sears To Open ‘Home & Life’ Stores, Amazon Reduces Whole Foods’ Prices

PYMNTS

The locations, which the company said were created based on insights from Sears Appliances & Mattresses stores, are set to be located in Alaska, Kansas and Louisiana. Through that offering, which will be offered at the Kansas and Louisiana stores, the retailer will send shoppers emails when their items are ready.

Retail 101
article thumbnail

Data Dive, Signing On/Signing Off Edition: Amazon, Alipay, Payless And MoviePass

PYMNTS

This collaboration has particular significance for our customer population from China, who now have a new way to experience Walgreens,” Richard Ashworth, Walgreens president of operations, said in a press release. After no such deal could be made, the Kansas-based firm decided to initiate preparations to liquidate.

Video 100
article thumbnail

A Cardless Streak Coming (Maybe)

NCR

which launched in Wichita, Kansas, as a mortgage lender back in 1905. While it didn’t get much attention at the time , Android Pay is quite innovative in that it’s embedded in the operating system, simplifying use and enhancing security. And of course, as with several mobile advances, some Asian regions are far ahead in such practices.