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First Federal reorganizes, Regions wins presidential award

American Banker

First Federal Bank of Kansas City finalized a plan to reorganize its corporate structure; Regions Bank in Birmingham, Alabama, was one of 10 to win the "President's 'E' Award for Export Service"; Rhode Island-based Citizens Financial Group named Jim Weiss as Florida market president; and more in this week's banking news roundup.

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First New Community Bank In Decades Headed To US Market

PYMNTS

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years. have emerged to do.

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Small Business Resiliency in South Florida

PopularBank

With South Florida Region Executive Israel Velasco. The impact of COVID-19 has dramatically affected our small business community. Nonessential businesses were forced to close their doors and unemployment in South Florida has outpaced much of the United States. This activity signals promise for South Florida.

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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

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New York To Sunbelt State Tourists: Stay Home

PYMNTS

The quarantine will go into effect at midnight and will cover all visitors from a range of states “with significant community spread of COVID,” the governors wrote in a statement posted on Twitter.

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Popular Association Banking’s Molly Hime to Retire. Carlos Hernandez Named New Division Manager.                                       

PopularBank

In addition to Molly’s impressive track record leading PAB, she has been actively involved in community work, serving on the board of United Community Options of South Florida, an organization that helps developmentally challenged individuals reach their full potential through educational workshops and activities.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The closures announced on Wednesday include many stores in the vicinity of Los Angeles and the last two open stores in Florida.

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