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Amazon, JPMorgan Donate Money To Ease Coronavirus Crisis

PYMNTS

The first $15 million will go to groups directly dealing with how the virus is affecting people directly, with $5 million to institutions that handle community development, to dole out low- or no-interest loans. The company is going to donate $1 million between four organizations in Washington, D.C.

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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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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.

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MOXY Preps Launch Of New Community Bank With NYMBUS

PYMNTS

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. Following approval by the Federal Deposit Insurance Corporation (FDIC) and Washington, D.C.’s In addition to MOXY, two other community banks, Vision Bank and Trustar Bank, are looking to launch in the area.

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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. Ned Lamont announced the travel advisory on Wednesday (June 24) at a joint press conference.

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DoorDash Partners With Payfare To Launch Banking Solution For Drivers

PYMNTS

The new tool is available to Dashers in select regions across the East Coast. The rollout of this new tool is part of DoorDash’s Main Street Strong Pledge , which is designed to give Dashers financial empowerment while also empowering local communities. The Washington, D.C. A nationwide launch is planned for early next year. .

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Washington Watch

Independent Banker

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Needless to say, the advocacy process with the CFPB has moved at the speed of Washington.