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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. Some clients who have relationships with ANB have expanded their businesses into downstate markets.

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Here is The Math Behind the High-Yield Account

South State Correspondent

There have been many a banker who has said they want to offer a high-yield account because the “higher interest expense is just like paying marketing costs.” However, the majority of customers require a referral, a marketing effort and a sales effort to bring them in the door. The economics look something like the below.

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10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

Last week, the American Banking Association (ABA) held its annual Bank Marketing Conference in Denver, receiving rave reviews. The theme was – developing your marketing superpowers. Amid the brewery networking, superhero costumes, and fun, some fantastic bank marketing lessons were had, and not just for bank marketers.

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Market Commentary: Week of June 29, 2020

SWBC's LenderHub

Florida, Texas, Arizona, and California dominated the headlines, as it certainly appears that the so-called “First Wave” of the virus has not ended yet. COVID-19 has pounced on some of our largest population centers that began relatively aggressive economic re-opening campaigns in mid to late May.

Marketing 148
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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. This is the digital bank’s fourth acquisition of a working capital loan portfolio.

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Plunge In Oil Prices Triggers Crypto Sell-Off

PYMNTS

Cryptocurrency markets plummeted after oil prices crashed and the stock market spiraled into another sell-off frenzy, according to reports on Monday (March 10). . The collapse will affect big players like Exxon Mobil and smaller entities like shale drillers in West Texas. a barrel, Goldman Sachs Group Inc.

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Robinhood's Newest Funding Round Grows To $660M

PYMNTS

Trading FinTech Robinhood Markets Inc. Sequoia, Andreessen Horowitz and 9Yards Capital are among some of the backers providing the new funds. In August, Robinhood Markets unveiled a $200 million Series G fundraising, bringing its valuation to $11.2 billion. “For

Arizona 178