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Branch News: BMO Harris Buys Commercial Office, Citizens Bank Adds WV Locations

Banking Exchange

BMO Harris Bank’s new premises will cater for mid-market businesses, while Citizens Bank purchases West Virginia branches Community Banking Feature3 Feature Management M&A.

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Credit Karma Now Offers A High-Yield Savings Account

PYMNTS

When we built Credit Karma Savings, we wanted to develop a product that made opening a savings account as easy as possible for our members,” said Jagjit Chawla, general manager of savings and tax for Credit Karma, in a release. We spent the first 12 years focusing on helping Americans manage their debt.

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Report: 80 Pct. Of NJ Gamblers Place Wagers Online

PYMNTS

Mobile sports betting is quickly growing to a point where New Jersey is close to topping Las Vegas as the country’s biggest market, The Wall Street Journal reported Monday (Sept. Mobile betting, however, is only allowed in five: New Jersey, Pennsylvania, West Virginia, Iowa and Nevada. at more than $40 billion by 2020.

NJ 108
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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

Land value At the end of the project, all that farmers and ranchers have left are land value and soil management. Such events can negatively impact the land and soil both during and following development without the proper lease language requiring soil management, reclamation, and weed management plans.

Lending 195
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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. Harassment included a bellicose management team, scowls from the townspeople, and threatening sidewalk art outside of the bank.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. • Liquidity risk management and adequacy of contingency funding plans. • Vendor and third-party management processes. The OCC on Oct.

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Website Design: 10 Reasons to Love the Homepage of City National Bank of West Virginia

Fintech Labs Insights

Looking for inspiration this morning I did a random search on Google for “banks in West Virginia.” If they were a fintech company, we’d be talking about how close they are to being a unicorn (current market value is just under $750 million ). The bank could do more to promote overdraft protection options.