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City National Bank of Florida's new biz, Orrstown Financial downsizes

American Banker

City National Bank of Florida is starting a national capital markets division, Orrstown Financial will close branches in Pennsylvania and Maryland, JPMorgan Chase announces in-store biometric payments and more in this week's banking news roundup.

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A digital-first bank for south Florida

Independent Banker

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. Costello has also held senior roles at Bank of Florida, City National Bank and Nations Bank during his 30-year banking career. Filling a need.

Florida 91
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Small Business Resiliency in South Florida

PopularBank

With South Florida Region Executive Israel Velasco. Nonessential businesses were forced to close their doors and unemployment in South Florida has outpaced much of the United States. As restrictions ease throughout South Florida, businesses are reopening their doors with enthusiasm, while others prepare to follow suit.

Florida 52
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Here is The Math Behind the High-Yield Account

South State Correspondent

If you bank in a fast-growing state such as Nevada, Utah, Idaho, Arizona, Texas, Florida, or South Carolina, population and business formation growth result in lower acquisition costs. Not everyone needs rewards points, instant payments, or weekend service, but everyone needs cheap capital and more income.

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B2B Venture Capital Spans SMB Banking, V-Cards, Global Payments And More

PYMNTS

In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K. Below, find the latest in B2B venture capital funding. million in seed funding, Back Office, based in Florida, plans to enhance the technology behind its small business accounting automation tool.

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FIS Partners With Liberis For SMB Alt Lending

PYMNTS

Florida FinTech Fidelity National Information Services (FIS) is partnering with London FinTech Liberis , to offer small to medium-sized businesses (SMBs) an alternative funding source, FIS announced in a press release Wednesday (Jan. With the introduction of Working Capital, U.S. The round was led by investment firm FTV Capital.

Lending 131
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

The bank, which attributes 31% of its loan portfolio to agriculture, opened loan production offices (LPOs) in Mississippi, Florida and Alabama. “We Because of our crop insurance business in Florida, I met an experienced ag lender, and circumstances worked out that we had an opportunity to bring him on board. And in New Albany, Miss.,