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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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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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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. Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere. Clearly, blue-suit regulators stood out. Nationwide lending!

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

“The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! But apparently they’re doing something right in Philadelphia.

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The Warehouse Building Rush Brought By eCommerce

PYMNTS

This weekend Allen Township in Pennsylvania saw a groundbreaking …well, groundbreaking. Ecommerce is really changing the shape of the market,” said Perry Colosimo, a FedEx spokesman, in a written statement. “We All in, developers have added 56 million square feet of space, and the market has grown a staggering 25 percent.

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Uber Of X: Heal Is The Uber Of Doctor Visits

PYMNTS

ND: There is no direct competitor to Heal right now in the marketplace, although there are some tangentially similar services in a few select markets. We are the premier, largest doctors-on-demand service currently operating in the United States and, per our announcement in February 2017, are beginning the process of a national rollout.

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CFPB hosts debt collection rulemaking town hall; Ballard Spahr to hold May 14 webinar

CFPB Monitor

One day after announcing its notice of proposed rulemaking regarding the Fair Debt Collection Practices Act (FDCPA), the CFPB held a town hall at the University of Pennsylvania to discuss the major aspects of the proposal, gauge stakeholders’ reactions, and field comments from the public.