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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109
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The ICBA 22/23 executive committee is all in

Independent Banker

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. and CEO and chairman, Minnesota Lakes Bank, Delano, Minn.

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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Brazos National Bank. Douglas National Bank. Ultima Bank Minnesota. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. —Molly Bennett, executive editor, Independent Banker. Less than $300 million. By William Atkinson. Philadelphia.

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How community banks can help young homebuyers

Independent Banker

year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR). Source: 2022 Home Buyers and Sellers Generational Trends, National Association of Realtors. Beth Mattson-Teig is a writer in Minnesota. Median home prices have been rising at a double-digit clip, including a 15.7%

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. Actually, the Bank had a one-time after tax litigation settlement (from a 2002-04 event) of $6.2 How did they lose it?

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CFPB April 2016 complaint report highlights mortgage complaints, complaints from California consumers

CFPB Monitor

General findings include the following: As of April 1, 2016, the CFPB handled approximately 859,900 complaints nationally, including approximately 26,500 complaints in March 2016. The percentage of debt collection and credit reporting complaints submitted by California consumers was lower than the national average.

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Malls, Restaurants Request Aid As Coronavirus Forces Closures

PYMNTS

The National Restaurant Association (NRA) is forecasting a drop in sales of $225 billion over the next three months due to the outbreak. Hudson Yards in New York City also closed, in addition to the Mall of America in Minnesota, American Dream in New Jersey and King of Prussia in Pennsylvania.