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Community Bank History: Peoples National Bank, Hallstead, Pennsylvania

Jeff For Banks

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. A case in point: the First National Bank of Hallstead… now Peoples National Bank (see photo). The bank closed during the national bank holiday that was ordered by President Roosevelt in 1933.

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

Jeff For Banks

The bank, First National Bank of Keystone, was $1.1 The Bank's Rise McConnell came to the bank in 1977 from McKeesport, Pennsylvania. The government guarantee allowed for a secondary market in these loans. And so went the birth of First National Bank of Keystone's meteoric rise. Clearly, blue-suit regulators stood out.

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NJ Online Gaming Revenue Set To Grow 66 Pct This Year

PYMNTS

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. The market was set up to be incredibly competitive,” Grove said, according to the report, “and that competition is successfully producing a product that’s engaging consumers.”.

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Medical Cannabis Co Columbia Care Launches Credit Card

PYMNTS

is launching the Columbia National Credit program with its new CNC Card, according to a release by the company. The program will expand to Delaware and Pennsylvania later in June and then into Arizona and Illinois. The company plans to have the card available to all of its markets by the end of the year.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

For starters, a customer may carry large balances but not generate franchise value if those balances are all in high-paying money market accounts or are highly volatile. Finding this intersection is the key to the efficient use of sales and marketing resources. We ranked the Top 20 Deposit-Rich Industries ( HERE ).

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Feeding The Food Supply Chain: How COVID-19 Is Changing Farming Nationwide

PYMNTS

In New York City, the nation’s leading hotspot for COVID-19 cases, local farms and farmers markets are being proclaimed a necessity for safe produce shopping. With delivery services backed up for days, the open-air farmers market seemed the safest possible option. Too much milk was coming in.” much harder of late.

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DOJ announces settlement of redlining lawsuit

CFPB Monitor

The key allegations in the DOJ’s complaint are the following: During the relevant time period (2015-2021), the Newark, New Jersey-Pennsylvania Metro Division (Newark MD) as delineated in 2015 included Essex, Somerset, Union, Sussex, and Morris counties in New Jersey (Newark Lending Area).