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Silicon Valley Loses Grip On Tech Firms

PYMNTS

11) it was moving to Austin, Texas from Redwood City, California. And just weeks earlier, Hewlett Packard Enterprise announced it was moving its headquarters to Houston, Texas from Silicon Valley. Texas has no income tax. Database giant Oracle Inc. announced Friday (Dec. percent on income in excess of $1 million.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. This region has the kind of energy that draws people to a place and helps them and their businesses thrive.

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Casino Reopenings Draw In Gamblers Despite Online Gaming Surges

PYMNTS

The mayor, who is also a table games manager at a local casino and hotel, said per the report that he has come across people traveling from states that are close by as well as those that have come from Florida, Texas, New Mexico and New York. As a result, the popularity of brick-and-mortar versus online gaming could vary by region.

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The Millennial Real Estate Boom Beckons?

PYMNTS

“The move to affordability trend will continue in 2020, fueled by the twin forces of Baby Boomers retiring and seeking sunnier weather, lower taxes and lower cost of living, and Millennials searching for family-friendly lifestyles and affordable housing.

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What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. billion-asset community bank based in Happy, Texas. Texas and Oklahoma banks “got killed in the mid-1980s,” he says. He points out that these most recent boom times in Texas have brought in “a lot of cash” to the energy industry.

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Small banks: Big challenges and big opportunities

Abrigo

The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. I can’t pay them enough to come to Henderson, Texas, or Lebanon, Missouri, for example,’“ Kirby said. “So

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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. Genesee Regional Bank. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Less than $300 million.