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Retail Pulse: Zola Opens NYC Store; Kleinfeld Shop ‘Pops Up’ In NJ

PYMNTS

Ma told Fortune in December that going forward, the company does not intend to shift away from its main digital strategy. On average, they are priced at under half the cost of the national average of wedding dresses in the U.S., At the same time, however, she noted that her company would consider growing its brick-and-mortar footprint.

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The Law of Large Numbers for Banks and Credit Unions

Jeff For Banks

One such bank that consistently stunned competitors and analysts with hefty growth was the former Commerce Bank of Cherry Hill, NJ. It may be difficult because while the bank was growing, the CEO was touting the growth strategy to constituencies. But I ask you, what is wrong with this strategy? Some banks have done it.

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The top-performing community banks of 2021

Independent Banker

Whether it’s products and services, technology strategies or employee benefits, independent community banks decide on their own terms what’s best for their business and their customers. Brazos National Bank. Douglas National Bank. FSNB, National Association. Pioneer Trust Bank, National Association. Philadelphia.

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Valley National in N.J. Raising Capital to Fund Loan Growth

American Banker

The $22 billion-asset company said in a press release Thursday that it is looking to sell 8.4 million shares of common stock, though it could sell another 840,000 shares if there is enough demand.

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Berkshire Hills to Gain National Mortgage Platform in Latest Deal

American Banker

Berkshire Hills Bancorp in Pittsfield, Mass., has agreed to buy First Choice Bank in Lawrenceville, N.J.

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Why Banks Are Dumping Fannie, Freddie Debt

American Banker

Banks have rushed to the exits when it comes to Fannie Mae and Freddie Mac debt securities. Federal liquidity rules seem to be prompting big banks to do so, but why small banks are unloading the bonds, too, is more of a puzzler.

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End of an Era: TD Bank Retires Coin-Counting Machines

American Banker

TD Bank announced Thursday that is doing away with the Penny Arcade coin-counting machines that are stationed in more than 1,000 of its branches along the East Coast.