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Banks and CDFIs: Partnering for community impact

Abrigo

And to thrive, those customers need economically diverse and healthy communities in which to live and work. Partnering with local organizations to promote the health of those communities is often a top priority for banks. communities where capital tends to be scarce.

Community 246
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How The Fed Will Impact Your Deposit Beta

South State Correspondent

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. Community banks with larger percentages of DDA balances will fare better. Influences on Deposit Beta.

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New Jersey’s $5B American Dream Mall To Reopen In October

PYMNTS

We know that our community has been waiting to return, but it was important to us that we took the proper time and precautions needed to welcome guests back in the safest possible manner,” said American Dream’s co-CEO Mark Ghermezian in a statement. The mall and its 450 stores and amusement parks have been shuttered since March.

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Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

2004-2008: 82.6% trillion “wave” of C&I lending expected in years ahead will position financial institutions for better performance and the ability to better serve the needs of their communities. 2010-2023: 137.3% trillion, Pruis said. Being ready to capture a share of the $1.7 Prepare for the next credit cycle.

Lending 195
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Data Enablers: Triad Tailors Ad Experience

PYMNTS

Conceived in 2004 and launched on Walmart.com, Triad Retail Media now has 13 offices worldwide with more than 600 global team members. RM: In 2004, Triad Retail Media approached Walmart with an idea that would better connect brands, retailers and customers online. The team produces global campaigns that touch more than 15.8

Data 121
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The Future of Checks – Tales From The Crypt

South State Correspondent

The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash. National and many community banks want to integrate into the accounting and enterprise resource planning (ERP) software (example below). From there, checks steadily declined.

Fraud 195
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Springboard to Excellence

Independent Banker

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. In early 2004, examiners visited her $253 million-asset bank, an experience that revealed a need—someone with a stronger compliance background.