Super Bowl LIII and Tampa Bay Rays lead push for cashless concessions

Mobile Payments Today

The NFL, MLB and other sports organizations are embracing cashless payment technology to create a faster and more efficient process for buying concessions, tickets and team merchandise

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Carvana Brings Car Vending Machine To Tampa


Marking its second car vending machine in Florida, Carvana has rolled out a new one in Tampa. The machine is eight stories tall and holds up to 32 vehicles, the company said in an announcement. The machine is the eighth of its kind in the U.S. Carvana already has car vending machines in cities such as Houston, Nashville and Raleigh. The idea behind the machines is to allow consumers to skip the car dealership and use Carvana’s website to shop through 10,000 vehicles.

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Hancock in Miss. Names Tampa's CFO to Board

American Banker

has nominated the chief financial officer for the city of Tampa, Fla., Hancock Holding in Gulfport, Miss., to join its board. people womenin-banking fl ms community-banking

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Tampa Bay’s Tropicana Field tells cash: 'You're out!'

Payments Source

Florida’s Tropicana Field has eliminated cash from all concessions, ticket sales and parking, requiring Tampa Bay’s baseball fans to pay with credit, debit or gift cards at terminals that are also equipped with NFC for mobile and contactless payments.

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Tampa Bay Federal Credit Union's 60-Month CD Earns 3.25% APY

Deposit Accounts

Offers & Promotions Tampa Bay Federal Credit Union Credit Union Information Page | Receive Alerts for this Credit Union. Tampa Bay Federal Credit Unions 60-Month CD Earns 3.25% APY POSTED ON WEDNESDAY, JUNE 19, 2019 BY Ken Tumin Deal Summary: 60-month CD, 3.25% APY, $500 minimum deposit. Tampa Bay Federal Credit Union’s (Tampa Bay Federal) 60-month CD currently earns 3.25% APY. In the past year, Tampa Bay Federal increased its total non-brokered deposits by $19.41

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Tampa MSA seeing surge in bank M&A

ABA Community Banking

Valley National makes its third deal in four years. 1Management

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Amazon To Open Robotics-Based Warehouse


In addition to its Miami-Dade locations, this new warehouse project comprises one of the largest warehouses south of the city of Tampa. Amazon hopes this new warehouse will help bolster same-day delivery to Amazon customers in the Tampa, Florida, area. Retail Amazon ecommerce Florida Miami miami-dade News robot robotics South Florida Tampa warehouse What's HotAmazon continues to make strides in its innovative eCommerce business.

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Tampa credit unions in legal fight over stolen member data, other trade secrets

CU Insight

Grow Financial FCU in Tampa has filed suit in federal court against GTE Financial, alleging a former employee conspired with GTE to steal private information from the credit union, including trade secrets and private member information.

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Bank acquirers are taking a hard look at the Gulf Coast


Diverse economies and a limited number of sellers are making markets like Tampa, Fla., a hot spot for growth-minded banks. Community banking Commercial banking M&A Florida Alabama Mississippi Louisiana Texas

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Seacoast in Florida to Buy Gulfshore Bancshares

American Banker

of Florida in Stuart has agreed to buy GulfShore Bancshares in Tampa, Fla. Seacoast Banking Corp. breaking_news community-banking m-a fl dealmaking-strategy

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Pilot Bank in Fla. Hires C1's Operating Chief

American Banker

Pilot Bank in Tampa, Fla., has recruited Rita Lowman, the chief operating officer of C1 Bank in St. Petersburg, Fla., to be its COO. breaking_news corporate-governance people womenin-banking wib-scan fl community-banking

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Suncoast Credit Union Could Set Up Its Own Mobile-First Bank

Bank Innovation

Granted, the Tampa, Fla.-based Setting up digital banks isn’t just a strategy for the big players like JPMorgan Chase, just ask Suncoast Credit Union. based credit union is rather large, with $9.2 billion in assets and 785,000 members.

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Innovation pioneers

CU Insight

In a recent interview from the Tampa Bay Business Journal with Tom Dorety, President and CEO of Suncoast Credit Union, he said “If you don’t get a connection with millennials now, you may lose it forever.”

This Credit Union and Banker Amazed Us

Banker to Banker

If you are looking for examples of how banks have to change, stop by Grow Financial Federal Credit Union the next time you are in Tampa and see Natalia Spratlen.

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HomeBancorp in Fla. to Promote Four Executives

American Banker

HomeBancorp in Tampa, Fla., has appointed several executives to expanded roles, all to take effect at the start of the year. breaking_news succession-planning people fl community-banking

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Tampa Deal: 1.50% On 3-Month CDs


With a Fed rate hike likely in the coming months, great short-term rates are the current darlings of CD deals. Few are more darling than this one: 1.50% APY on a 3-month CD from Florida’s HomeBanc. Comparing this to the top nationally available return on our CD Rates Leaderboard feels beside the point because the leader of [.]. CD Rates 3 month cd cd rates leaderboard certificate of deposit homebanc

Walmart To Expand Delivery Unlimited Program


Walmart started experimenting with Delivery Unlimited in Salt Lake City, Miami, Houston and Tampa earlier in the year. With an expansion of its Grocery Delivery membership option for customers, Walmart plans to grow the reach of Delivery Unlimited to 1,400 stores later this autumn.

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What a small bank's stock offering says about the Florida market


First Home Bank raised nearly 20% more than it sought from investors, providing proof that Florida — especially the Tampa Bay area — is a hotbed of activity. Community banking Small business lending Capital M&A SBA Florida

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A second cross-Florida M&A deal for Seacoast


It has agreed to buy NorthStar Bank in Tampa a month after buying another bank in the same city. The bank, based on the east coast of Florida, is bulking up on the Gulf. M&A Community banking Florida

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Readying the next wave of credit union CEOs

CU Insight

retired, and we anticipate the retirement of Dale Schumacher, president/CEO of $228 million Tampa Bay Federal Credit Union, Tampa, Fla., Management/Leadership CEOs Charles Fagan Chuck Fagan Credit Union Credit Union Executives Society CUES CEO Institute Dale Schumacher IBM Southeast Employees’ Credit Union Lary McCants Tampa Bay Federal Credit Union “Every breaking wave on the shore, Tells the next one ‘there’ll be one more.’”.

C1 Misses Chance to Boost Price of Its Sale to Bank of the Ozarks

American Banker

C1 Financial in Tampa, Fla., was unable to seize an opportunity to bring in more money for its sale to Bank of the Ozarks in Little Rock, Ark. breaking_news community-banking m-a ar fl dealmaking-strategy

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CVS Expands Membership Program Nationwide To Lure Millennials


After successful test runs in Boston, Philadelphia and Tampa, the CVS membership program CarePass will expand nationally with free delivery for an annual fee, CNBC reported on Monday (Aug.

Amazon Ramps Up Robotics Efforts


In addition to its Miami-Dade location, this new warehouse project comprises one of the largest warehouses south of the city of Tampa. Amazon hopes this new warehouse will help bolster same-day delivery to Amazon customers in the Tampa, Florida, area. Amazon is working on a secret project codenamed “Vesta” to build a domestic robot. The endeavor is led by Gregg Zehr, who heads up Amazon’s Lab126, Bloomberg reported.

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7-Eleven Launches Beer Delivery In Select US Markets


Louis, Missouri; and Tampa, Florida. Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. markets. Customers can place their beer orders via the 7Now app.

On-Demand Home Services Startup Homee Raises $15M


Tampa, Florida-based startup Homee raised $15 million in series B funding led by Forté Ventures, VentureBeat reported on Tuesday (Aug. Funds also came from Liberty Mutual Strategic Ventures, Active Capital Partners, Florida Funders, Deepwork Capital and Engage.

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Suncoast Credit Union Breaks Ground on 107,176-Square-Foot Office Building

Keith Leggett's Credit Union Watch

Suncoast Credit Union (Tampa, FL) broke ground for a three-story, 107,176-square-foot building on the credit union’s main campus in Tampa. The building is expected to be ready for occupancy in the second quarter of 2018. The cost of the project was not disclosed. Suncoast, with $8 billion in assets, is the largest credit union in Florida, and the 12th-largest credit union in the United States. Read the story

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Waymo To Test Autonomous Vehicles In Florida


Additionally, Florida residents will start seeing a few of our vehicles on highways between Orlando, Tampa, Fort Myers and Miami as we learn about Florida roads.”. Waymo plans to test autonomous vehicles in the rainy conditions of Florida, according to a report.

Amazon Shutters London Restaurant Delivery Service


It is currently available in Baltimore, Tampa, San Jose and Chicago, among others. After two years on the market, Amazon will shut down its restaurant delivery service in London, according to the Evening Standard.

Rebeca Romero Rainey: The future is bright

Independent Banker

the team from TCM Bank in Tampa, Fla. “The future is bright, and the opportunities for growth are endless.”. I had the opportunity to read this month’s cover story ahead of writing my column. I’m so glad that I did.

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Prime Now Grocery Delivery Expands Across The US


Louis, Orlando, Tampa and Tulsa as well as additional areas of New York City and Seattle, the company said in an announcement.

Grow Financial Alleges GTE Financial Stole Trade Secrets and Private Member Information

Keith Leggett's Credit Union Watch

Grow Financial FCU in Tampa has filed suit in federal court against GTE Financial Credit Union (Tampa). The lawsuit alleges that a former employee conspired with GTE Financial to steal private information from Grow Financial Credit Union, including trade secrets and private member information. Grow Financial had to hire a forensic firm to uncover the alleged crime and had to notify 13 state attorney generals and the National Credit Union Administration about the breach.

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How Sports Stadiums Are Undergoing Digital Transformations


Tropicana Field, home of the Tampa Bay Rays, also went cashless earlier this year in hopes of increasing average ticket sizes. No industry is immune to digital transformation.

Carvana Opens Largest Car Vending Machine In Tempe


Tampa (Fla.), Carvana , the eCommerce platform for buying and selling used cars , announced Wednesday (June 20) that it has launched its largest Car Vending Machine to date, located in the company’s hometown of Tempe, Arizona. In a press release , Carvana said the machine stands nine stories high, is all glass and holds as many as 34 vehicles. It’s the third Car Vending Machine launch in June, with Tempe the 12th location for the vending machines.

Two CUs Spend Big on Office Buildings

Keith Leggett's Credit Union Watch

Suncoast Credit Union (Tampa, FL) built a new administrative building with the goal of net zero power consumption. The 3-story, 101,000-square-foot building has an estimated price tag of $28 million. According to the Business Observer, the building has more than 1,200 photovoltaic panels on the roof. Read the story. Capital Credit Union (Green Bay, WI) paid $6 million for a four-story, 69,700-square-foot office building in Ashwaubenon, Wisconsin. The $1.4

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New CEO At The Helm Of Winn-Dixie, Harveys Growth Plans


“We’re looking at the demographics around our stores and deciding which format works best in those communities,” Hucker told the Tampa Bay Times. South Tampa’s Hyde Park district was home to the first remodeled Winn-Dixie. Tampa Bay has several dozen Winn-Dixie stores but not a single Harveys. The Tampa Bay Times reports that the results of these initiatives have been mixed, partly due to the overwhelming dominance of the Publix brand in that area.

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Stepping Into 21st Century Hospitality With Apartments And Technology


It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus.

Connected Cars Hitch A Ride On Smart City Spending


Similar activity is happening in Tampa Bay. Already, Tampa Bay is creating a small traffic management center on the university, which, despite its name, is located in that city. They are siblings, the concepts of connected vehicles and smart cities. Tied together by data, sensors, algorithms, software and other technology, the two ecosystems are becoming increasingly difficult to separate in the imagination and in reality.

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McDelivery Is McDominating In 1,000 New Markets


That’s on top of the locations where it was already available, including Atlanta, Chicago, Columbus, Las Vegas, Los Angeles, Miami, Orlando, Phoenix, San Diego and Tampa. 3,500 more McDonald’s markets are going to be lovin’ it by the end of June as delivery service rolls out to even more restaurants. McDelivery on the UberEATS app is available from more than 2,000 restaurants around the country, with 1,000 new stores added in the last week.

Uber Rolls Out New Four-Tier Loyalty Program


Uber is starting the program in nine cities, including Miami, New Jersey, Denver, Tampa, New York, Philadelphia, Atlanta, San Diego and Washington, D.C. Uber, the ride-hailing company, announced on Wednesday (Nov.

eBay On Who Spends More: NBA Or NHL Fans?


For instance, the Pittsburgh Penguins are concentrated on the East Coast, but they still had a large following in Florida — despite the fact that they knocked out the Tampa Bay Lighting in the previous round. The eternal debate: Which sports fans spend the most to glorify and identify with their favorite teams? Which leagues?

Lake Michigan CU to Purchase Encore Bank

Keith Leggett's Credit Union Watch

Read the Tampa Bay Business Journal. Lake Michigan Credit Union (Grand Rapids, MI) has announced that it will acquire Encore Bank (Naples, FL). Lake Michigan Credit Union has $5.2 billion in assets. Encore Bank has $418 million in assets and 6 offices. The agreement has been approved by the board of directors of each organization. The acquisition is expected to be completed in the first quarter of 2018, pending state and federal regulator approvals.

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Florida Man Robbed Trying To Buy Bitcoin


Last summer, a New York resident was robbed at gunpoint of more than $1,000 in bitcoin, and in 2014, a Tampa man was robbed of about $35,000 in bitcoin by a former employee. While computer breaches and malicious emails are commonplace online, when it comes to bitcoin, it can also be dangerous offline in the real world. According to a report , a man in Florida was allegedly robbed at knifepoint while trying to sell $28,000 in bitcoin.

203 Low-Income CUs Awarded $2 Million in Grants

Keith Leggett's Credit Union Watch

billion GTE FCU (Tampa, FL), $2.3 The National Credit Union Administration announced that it has awarded $2 million in grants to help 203 low-income credit unions improve digital services and security, increase outreach to underserved communities, and train employees. Grant awards ranged from $1,300 to $20,000.