PYMNTS

JANUARY 25, 2018

Some companies, like Cross River Bank of Teaneck, New Jersey, have launched services to ease consumers’ access to physical cash notes by tapping into the convenience of the existing financial infrastructure. trillion in cash in 2015, a higher rate than that of Western European nations. commerce today.

ATM 100

ATM Millennials FDIC New Jersey 100

FICO

SEPTEMBER 17, 2019

Typically, most lenders do not require an individual to have an 850 FICO® Score to secure the best loan features. This slight uptick is not surprising as we have been seeing the average FICO® Score on the national population increasing as time since the “great recession” ages. of the credit being extended. As of April 2019, about 1.6%

New Hampshire 40

New Hampshire Connecticut Minnesota San Francisco 40

Jeff For Banks

JANUARY 27, 2011

Most recently Valley National Bancorp''s highly respected CEO, Gerald Lipkin stated: "The positive [fourth quarter] results are attributable to management''s common sense and highly focused approach to traditional banking — gathering deposits and making relatively low-risk loans." ? I hear and read this often. I doubt it.

Community Bank 71

Community Bank Community Apple National 71

PYMNTS

NOVEMBER 27, 2017

But this year, pushed by the power of good old-fashioned, deeply discounted, margin-eroding early door busters, the department stores managed to prove that if all else fails, slash the heck out of in-store prices and watch customers walk/run through the door. Many are already taking some early victory laps. Nordstrom’s stock is down 14.5

Retail 102

Retail Online New Jersey Report 102

Jeff For Banks

JANUARY 19, 2013

Housing markets have begun to improve with the national indices showing year-over-year growth of 3% to 4% recently. Superstorm Sandy battered the coasts of New Jersey and New York with devastating results. While there are still tax increases occurring in 2013, at least the deal made the impact a little more manageable.

Taxes 71

Taxes Philadelphia DC New Jersey 71

PYMNTS

NOVEMBER 18, 2019

Securities and Exchange Commission (SEC) is reportedly looking into WeWork to see if the embattled firm went against financial rules while it was gearing up for its initial public offering (IPO). 1 when City National Bank of New Jersey closed its three branches. SEC Probes WeWork For Potential IPO Violations.

System 100

System New Jersey Payments Apple 100

PYMNTS

AUGUST 7, 2020

New Jersey’s Buckle is an InsurTech company focused on arming the gig economy, including rideshare providers, with access to total insurance coverage. The firm said it will funnel the new investment into product development, partnerships, and national growth. earlier this year. billion, it said. billion, it said.

Fintech 251

Fintech Capital New Jersey Lending 251

Jeff For Banks

DECEMBER 12, 2017

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Today, NPL/total loans is a manageable 0.94%, and the Bank ROA/ROE year-to-date is 1.22% and 11.61% respectively. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Jeff For Banks

DECEMBER 29, 2021

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. The SVB Capital segment provides venture capital investment services that manage funds on behalf of third party limited partner investors.

Capital 78

Capital Texas Metro North Carolina 78

Gonzobanker

DECEMBER 19, 2022

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Let’s see how this new scale allows for big investments in future innovation. Goes to New England Federal Credit Union and Vermont State Credit Union.

Community 216

Community Fintech Industry Innovation 216

CB Insights

JUNE 14, 2018

We can use mobile apps and voice commands to control our lighting, temperature, and home security. While super-urban centers and subterranean homes have not yet come to pass, c ities have gotten more crowded, as economic growth has drawn hundreds of thousands of new high-income residents. Technology companies have infiltrated the home.

Seattle 56

Seattle Capital Industry New York 56