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For This Startup, Scale Was A Matter Of Necessity

PYMNTS

So, how did Vacasa , the online vacation rental home startup, go from managing one beachside cabin on the Washington coast that belonged to the family of one of the founder’s wife to a multimillion-dollar company with more than 1,400 employees that manages over 4,000 properties in the U.S. Italy, Spain, Belize and Chile.

Portland 174
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A Continued Decline in Housing Inventory

TrustBank

A closer look at the data by metro regions in which Washington Trust Bank primarily operates shows that this decrease in available listings is occurring locally as well. The active listing count by metro region has also declined when compared to the previous 4 year average.

Metro 52
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Passport Raises $8 Million in Series B

Fintech Labs Insights

“Our enterprise platform is striking a chord with the market as they look to bring technology into their operations and drive efficiency.” Passport specializes in providing mobile payment solutions for transportation-related businesses, including parking and transit management. ” Youakim said.

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The Folly of Peer Groups

Jeff For Banks

But UBPRs are done by asset size and region. See below for a snapshot from an Umpqua Bank of Portland, Oregon UBPR. Suppose a bank has a significant wealth management division. This typically drives up efficiency ratios and would therefore compare unfavorably to peers without similar operations. That’s the only criteria.

Groups 60
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The Best Checking Accounts in California of 2021

MyBankTracker

Umpqua Bank is a regional bank headquartered in Portland, Oregon. Personal service for account management. For example, most local and regional banks will have smaller ATM networks than large, national banks. This lets them run most of their operations from just a few buildings in centralized areas of the country.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. billion bank in the Mid-Atlantic region. GonzoBanker of the Year (Regional Bank) – goes to Huntington Bancshares Chairman and CEO Steve Steinour. That’s enough to send normal people into the fetal position.

Fintech 195