Remove Community Remove Marketing Remove Washington
article thumbnail

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.

article thumbnail

Maryland Community Bank Wades Into Cannabis Market

PYMNTS

Reports in The Washington Post this week profiled Severn Savings Bank, a community bank in the state that is said to be providing services to legal marijuana businesses. The dispensaries and growers told The Washington Post that they have to pay significant fees, noting that they cannot write checks or take out loans from the bank.

Maryland 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

article thumbnail

Best Community Banks to Work For 2022

Independent Banker

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Bank of Montana, Missoula, Mont.;

article thumbnail

Chase Plans Expansion In Top US Markets In 2019

PYMNTS

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C The bank said about 30 percent of the branches will be in low or moderately low income communities. area, Philadelphia and Boston.

St. Louis 145
article thumbnail

Amazon Plans To Expand Grocery Stores Across The US

PYMNTS

Expect to see its conventional checkout grocery stores open in Seattle, California, Chicago and Washington, D.C, Amazon has expanded its grocery businesses to get a bigger foothold against Walmart and Kroger, the market leaders, analysts say. Three years after it paid $13.4 And it’s not stopping there. the Times reported.

Seattle 220
article thumbnail

Fed Chairman Concerned Over Shrinking Bank Market

PYMNTS

.” Other critics have raised the issue that the OCC is advising examiners to take community group concerns into consideration separately from their M&A approval processes. ” Now, Powell is also raising concerns about how bank industry consolidation could negatively impact the small business community.

Marketing 108