Impact Roadshow | Sacramento, CA

Filene

10:00 a.m. - 12:00 p.m. Local Host: Schools Financial Credit Union. Filene Host: Elry Armaza. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW?

Save the date, Sacramento, Calif.!

CFPB

Join us for a field hearing in Sacramento, Calif., about debt collection. The hearing will take place on Thursday , July 28 at 11 a.m. PDT. . Info for consumers At the CFPB Debt collection Field hearing

Golden 1 CU, the Sacramento Kings & a FBI Investigation

CU Insight

billion Golden 1 Credit Union said Thursday it is cooperating with an FBI investigation of a former Sacramento Kings executive who allegedly diverted millions of corporate sponsorship funds to buy beachfront properties in Southern California. The Sacramento Bee reported Jeffrey R. The post Golden 1 CU, the Sacramento Kings & a FBI Investigation appeared first on CUInsight. The $11.9

Bank of the West Adds ATMs for Young Customers on the Move

Bank Innovation

Bank of the West recently added 143 ATMs across the Denver and Sacramento metro areas through an agreement with ATM operator Cardtronics. One target? Millennials, actually.

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Amazon Grocery Delivery Expands To 3 New Cities

PYMNTS

As of today, according to an announcement from Amazon , three more cities are joining the Prime Now grocery delivery lineup: Denver, Sacramento and San Diego. “We’ve We’ve been delighted with the customer response to free two-hour delivery through Prime Now, and we’re excited to bring the service to our customers in Denver, Sacramento and San Diego,” said Christina Minardi, Whole Foods Market EVP of Operations.

Community Business Bank in Calif. Redeems Tarp-Related Shares

American Banker

Community Business Bank in West Sacramento, Calif., has finally put the Troubled Asset Relief Program in the past. breaking_news law-regulation compliance treasury ca community-banking

Verizon And Samsung Target 2019 For U.S. Release Of 5G Smartphones

PYMNTS

Verizon recently launched a commercial 5G service in October with an offering called 5G Home, which is so far available in Houston, Los Angeles, Sacramento and Indianapolis. Verizon and Samsung announced on Monday (Dec. 3) that they would launch U.S.

Golden 1 Credit Union Pays $120 Million for Naming Rights to NBA Arena

Keith Leggett's Credit Union Watch

Golden 1 Credit Union bought the naming rights to an arena where the NBA Sacramento Kings play. The Sacramento Bee is reporting that the deal is for $120 million over 20 years. According to an announcement, the new arena will be branded as "Golden 1 Center." This deal shows that the credit union tax subsidy is being abused. Read the story. Branding Naming Rights

Amazon And Its Real Estate Effect

PYMNTS

Among those initiatives: Cincinnati, Ohio, and Sacramento, California, are changing workforce development programs to develop talent in the technology realm. The WSJ stated Sacramento’s postmortem call was somewhat complimentary. But Barry Broome, who serves as president and CEO of the Greater Sacramento Economic Council said his city is “now restructuring all of our workforce programs in the area,” with an eye on tech training.

The motivation to serve underserved communities

CU Insight

The numbers are similar in urban areas such as Los Angeles, Sacramento, Boston, and Washington DC. Community Lending Borrowers Boston Cooperative Los Angeles low loan rates managing risk Sacramento Sarah Marshall underserved communities urban areasLow loan rates. Personal service.

9.12.18 Your morning briefing

Payments Source

Today: eBay pursues hands-free tech; Sacramento Kings text tickets; NFC reaches 7-Eleven; Hong Kong's 'bay area' gets UnionPay mobile; Ripple and R3 settle legal fight. The information you need to start your day, from PaymentsSource and around the Web. Briefing

Waze Carpool Now Available Nationwide

PYMNTS

The carpooling service was first tested in San Francisco, Sacramento and Monterey, then expanded across California, Texas, Massachusetts and Washington before the nationwide rollout announcement. Waze Carpool, the Google-owned app that connects people with rides, announced Wednesday (Oct.

Lead-generation site Magilla adds Blackstone exec to its board

BankThink

Joe Baratta, Blackstone’s global head of private equity, said that he was drawn to the Sacramento, Calif., company because he believes its technology offers lenders a more efficient way to find customers. Consumer lending Commercial lending Mortgages Commercial mortgages Blackstone Group

Credit unions again lead latest round of 39 Apple Pay additions

CU Insight

Apple Pay momentum continues to propel the nascent payments system forward, and Apple on Tuesday announced the addition of 39 participating financial institutions, 27 of which are credit unions.

Amazon Rolls Out Whole Foods Curbside Delivery In Two Markets

PYMNTS

Amazon and Whole Foods Market announced Wednesday (August 8) the launch of curbside grocery pickup in Sacramento and Virginia Beach. In a press release , Amazon said the service will come to more cities throughout the remainder of the year. With curbside delivery, Prime members can shop at Whole Foods Market online and pick up their order in thirty minutes without having to get out of their car.

Nearly 100 Pizza Huts To Test Beer Delivery

PYMNTS

The new rollout will include cities such as Tucson, Prescott and Winslow in Arizona, and Los Angeles, Bakersfield, Sacramento and Santa Barbara in California. As restaurant operators seek to bolster sales in the face of weak traffic growth, Yum! Brands’ Pizza Hut is bringing beer delivery to approximately 100 of its restaurants in California and Arizona. The restaurant chain had begun testing the service in Phoenix back in December, Reuters reported.

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Amazon’s Whole Food Discounts Are Rolling Out Across Dozens Of States

PYMNTS

For some very select customers — in Austin, Dallas, Sacramento and San Francisco — Whole Foods-shopping Prime members can combine their discounts with free two-hour grocery delivery on orders of $35. The Prime rewards are coming; the Prime rewards are coming. Such is the hue and cry set to go off in about a dozen states, as Amazon is starting to ramp up its discounting for Prime members in Whole Foods locations nationwide.

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Macy’s Is Hiring 80,000 Employees For The Holidays

PYMNTS

These positions are located in Goodyear, Arizona; Cheshire, Connecticut; Tulsa, Oklahoma; Portland, Tennessee; and Martinsburg, West Virginia, as well as in product-specific fulfillment centers in Sacramento, California; Stone Mountain, Georgia; Secaucus, New Jersey; and Joppa, Maryland. Macy’s announced it is hiring 80,000 temporary workers for the holiday season, as well as adding more employees to handle online orders. Macy’s, Inc.

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AmazonFresh Continues To Expand

PYMNTS

These new cities will join the AmazonFresh family cities/regions of Northern Virginia, Boston, Baltimore, London, Seattle, New York, Philadelphia, Stamford, Trenton, Los Angeles, Riverside, San Diego, San Francisco, Sacramento, San Jose and Stockton. Amazon announced yesterday (Oct. 26) that its grocery delivery platform, AmazonFresh, is continuing its march toward national domination with the addition of two new cities : Chicago and Dallas.

California Kroger Subsidiary Says No To Visa

PYMNTS

The move will affect six San Francisco Bay area stores, four stores in the Sacramento Valley, and seven stores serving the Central Valley, from Bakersfield to Fresno. Foods Co, a subsidiary of grocery giant Kroger , has announced that 21 of its grocery stores and five of its gas stations in Central and Northern California are officially through with Visa branded credit cards as a form of payment, effective August 14, 2018.

Pizza Hut Turns To Beer And Sports To Draw In Younger Customers

PYMNTS

The new rollout was to include cities such as Tucson, Prescott and Winslow in Arizona, and Los Angeles, Bakersfield, Sacramento and Santa Barbara in California. To attract younger diners, Pizza Hut has a new strategy: The quick-service restaurant (QSR) chain has partnered with the NCAA to seek an audience of 21-year-olds, and has also brought beer delivery into its lineup. The idea is to reach consumers in segments such as Gen Z, Bloomberg reported.

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An Unattended Way To Keep Business Running And Employees Healthy

PYMNTS

We place our Byte fridges primarily in businesses around the Bay Area and Sacramento, and also in universities, hospitals, gyms — anywhere people spend time away from home,” Mokri told PYMNTS in a recent interview.

Credit Card E-Filing Fees Capped In California

PYMNTS

The coalition was led by Sacramento lobbyist Mike Belote who negotiated with the Judicial Council and Assemblyman Mike Gatto to carry the bill. The high fees charged by private firms that are hired by the courts to operate e-filing systems and that are often passed onto consumers who pay with a credit card have been capped by a bill approved by California Governor Jerry Brown on Sept.

Target Launches Curbside Pickup In Two New Markets

PYMNTS

And Amazon and Whole Foods Market earlier this month announced the launch of curbside grocery pickup in Sacramento and Virginia Beach. Target is expanding its curbside pickup to two new markets: California and Colorado. With the service, customers order products through Target’s app and drive to the store. When they arrive, employees deliver the goods to customers’ cars. Orders are usually ready within an hour after customers place them.

Amazon Loading Whole Foods With Its Own Executives

PYMNTS

For some very select customers — in Austin, Dallas, Sacramento and San Francisco — Whole Foods-shopping Prime members can combine their discounts with free two-hour grocery delivery on orders of $35 or more. Whole Foods Chief Executive John Mackey may still maintain his role following last year’s acquisition by Amazon — but he is far from independent, reporting to executives from his new parent company.

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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

Before Tuesday’s announcement on the two new headquarter locations, candidate cities Cincinnati, Ohio and Sacramento, California were reportedly changing workforce development programs to grow talent in the technology realm. Build it and they will come — in this case, times two.

Nordstrom Partners With Anthropologie To Offer Home Collection

PYMNTS

The Nordstrom stores that will feature Anthropologie Home include Arden Fair (Sacramento, Calif.); Nordstrom has announced a partnership with Anthropologie that will feature more than 200 items from Anthropologie Home at 15 Nordstrom locations, as well as online. The new Anthropologie Home collection will be available starting March 19. Products will include everything from kitchen, dining and entertaining to bed and bath textiles, room décor, stationery and hardware.

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Consumers Turn To Package Lockers To Combat Porch Pirates

PYMNTS

have experienced package theft in the last year, companies like Sacramento, California-based package delivery locker system Luxer One are setting up package delivery systems to prevent porch pirates, CNBC reported Monday (Dec. With home security firm Ring reporting that nearly one in five homeowners in the U.S.

Today In Data: Unattended Retail, Cross-Border Exposure And Russian Indictments

PYMNTS

Today in PYMNTS data, the business-to-business (B2B) payments market is growing in valuation, self-service vending machines are easing customer complaints at the Sacramento Department of Motor Vehicles (DMV), business exposure to cross-border suppliers and service providers is on the rise, Russian nationals are under indictment for their role in the 2016 U.S.

NEW REPORT: California Takes An Unattended Twist on Vehicle Registration

PYMNTS

The next stop on the road to technological evolution in the transportation industry may just be unattended. Across the industry, from carmakers and road regulators to bike share programs, companies are looking to unattended retail tech to improve efficiency and unlock new revenue opportunities.

California Judge Rules Backpage.com Execs Can Be Charged With Money Laundering

PYMNTS

Sacramento County Superior Court Judge Larry Brown also dismissed 15 pimping conspiracy and other charges, ruling that they cannot be filed because of a federal law protecting free speech that grants immunity to websites that post content created by others. A judge has ruled that money laundering charges can be brought against the creators of a website that California prosecutors label an online brothel.

Morning Scan: JPM, RBS Probed Over Mortgage Security Sales; Simple Tees Up IPO

BankThink

JPMorgan is being probed on a different deal, earlier investigated by the Justice Department's Sacramento, Calif., Wall Street Journal. Prosecutors are pursuing criminal cases against JPMorgan Chase and Royal Bank of Scotland executives for allegedly selling flawed mortgage securities, unnamed sources said. Authorities are looking at a $2.2 billion deal that RBS handled, in which home mortgages were securitized. RBS has already reached a civil settlement with the SEC on the case.

Two CUs Buy Air Time During Super Bowl

Keith Leggett's Credit Union Watch

billion The Golden 1 CU, Sacramento, Calif., Credit Union Journal is reporting that two large credit unions are spending big to attract attention during the Super Bowl. BECU, a $13 billion institution in the Seattle suburb of Tukwila, Wash., and $8.8 will run television commercials during Sunday''s Super Bowl. Both credit unions will have 30-second commercials air during local breaks.

Large State Chartered CU CEOs 2015 Compensation Tops $1 Million

Keith Leggett's Credit Union Watch

The highest paid CEO was James Jordan of Schools Financial Credit Union (Sacramento, CA) at $5.7 Chief executive officers at state chartered credit unions with at least $1 billion in assets reported an average total compensation of $1.021 million for 2015.

Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

PYMNTS

Amazon and Whole Foods Market announced the launch of curbside grocery pickup in Sacramento and Virginia Beach. Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. is no exception. The brand could close between 600 to 1,000 of its 3,000 locations this year, according to some predictions – and is reportedly considering bankruptcy, people familiar with the matter have told Reuters.

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Op-Ed Questions CU Tax Exemption after Golden 1 Pays $120 Million for Naming Rights to Arena

Keith Leggett's Credit Union Watch

Seizing on the news that Golden 1 Credit Union has purchased the naming rights to a new sports arena in Sacramento, California Bankers Association President and CEO Rodney Brown penned an op-ed -- published Wednesday in The Sacramento Bee -- challenging the credit union industry’s outdated tax exemption.

An Unattended Solution To The DMV’s Friction-Filled Reputation

PYMNTS

According to Jessica Gonzalez, deputy director of public affairs at the Sacramento DMV, the technology proved to be popular with residents and the state quickly broadened access to the terminals.

Cities Partner With Apps To Create Their Own Ridesharing Services

PYMNTS

As Via rolls the service out in Arlington — and also in West Sacramento, California, in the spring — they might be part of a larger trend, as local governments seek to replace or augment their transportation efforts with their own rideshare services. Many cities have bus systems, but they’re not always well-utilized by the majority of residents.

Can banks have an impact on alleviating the egg shortage?

Sageworks

The bank’s 23 branches serve Sacramento and south of the capital city, where almonds and grapes are two key cash crops. If you’re craving an omelet the next time you sit down at your favorite restaurant, you may need to reconsider your order.

Reefer Rates Respond to New Regulations and Pre-Holiday Urgency

Bobs Guide

California lane rates had some dramatic increases: Sacramento to Portland, OR, soared 91¢ to $3.78/mile. Last week was a short week, as most carriers needed to get drivers home in time for the Christmas weekend.

Credit unions continue to see growth in auto lending

Sageworks

The Golden 1 Credit Union - Sacramento, CA 7. For more than 30 years, the number one vehicle in America by sales is the Ford F-series line of trucks. More than three-quarters of a million were sold in 2014, continuing its reign as the top vehicle since 1981.

A Bank Analyst Makes Recommendations. I Make a List.

Jeff For Banks

Southfield, MI FSDK - First Citizens National Bank of Upper Sandusky, Upper Sandusky, OH BOCH - Bank of Commerce Holding, Sacramento, CA Who else should be on the list? What should you look for in a bank stock? How should I know? I'm not a financial advisor.

Which are America's healthiest credit unions?

Sageworks

For many people, trusting another party with their hard-earned money can be an anxiety-inducing experience. Whether it is securing funds in a checking or savings account, or investing in a retirement fund, many Americans need a sense of security that comes with an outstanding experience from their financial institution. Credit unions often prioritize providing that security blanket through a positive banking relationship.