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Amazon Gains Juicy Incentives With New Headquarters Locations

PYMNTS

For Amazon , the encouragement includes $1.525 billion in performance-based direct incentives — part of the package that led to the eCommerce operator deciding to base one of its headquarters in Long Island City. Amazon has selected New York City and Northern Virginia as the homes for its second and third headquarters.

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

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. The bank, First National Bank of Keystone, was $1.1 She effectively ran the bank and its operations. billion in assets.

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Wal-Mart Bank is flying under the radar.

Jeff For Banks

I''m writing this post sitting in my car while my 11 year old warms up for a soccer match in Richmond, Virginia. I took a brief walk down the front of the store, past The Money Center, and encountered my second glimpse of Wal-Mart’s banking strategy, Woodforest National Bank (see photo). This store was six months old. million, on $3.1

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats on a brave move and national recognition Jim!

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

Jeff For Banks

billion of assets and operates twenty five branches in the western suburbs of Chicago. 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. Positive operating leverage!

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Payments And Commerce On The Campaign Trail

PYMNTS

But in reality, when you start talking to the real people who operate businesses on the various main streets and side streets of Small Town U.S.A. — Our data tool operates on the assumption that if those main street businesses are doing well, then the local economies in which they operate will, too. But not everywhere.

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A Brief History Of Libra

PYMNTS

In the immediate days following the announcement of Libra, PYMNTS spoke to two of its higher-profile backers, Mastercard and PayPal , via Mastercard’s Executive Vice President of Digital Solutions Jorn Lambert and PayPal’s Chief Operating Officer Bill Ready. The group of nations that comprise the G7 (the U.S.,