article thumbnail

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
article thumbnail

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Should senior management focus their efforts on reducing the efficiency ratio because a short-sighted examiner said so? That’s the only criteria.

Groups 60
article thumbnail

Passport Raises $8 Million in Series B

Fintech Labs Insights

MK Capital Managing General Partner Bret Maxwell called Passport “the clear market leader on many fronts” and praised the company’s “cutting edge platform, expanding revenue growth, and … strong industry partnerships.” ” Youakim said.

article thumbnail

Circle With Disney Nabs $10M In For Parental Control Device

PYMNTS

According to TechCrunch , the Portland-based startup had previously raised $800,000 in startup capital and $3 million in convertible notes, as well as $1.5 Circle with Disney allows parents to manage the devices on their home network, including when family members can be online and what content they’re able to access.

Portland 100
article thumbnail

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. Umpqua Bank. Its Embark Checking account offers a fee-free checking experience with a few perks.

article thumbnail

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