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People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.
With coronavirus infection rates soaring in the Sunbelt, the governors of New York, Connecticut and New Jersey are teaming up to slap a 14-day quarantine on travelers from states where the deadly virus is spiking. Phil Murphy and Connecticut Gov. New York Gov. Andrew Cuomo, New Jersey Gov.
Last week, the Connecticut Fair Housing Center, Inc. filed a complaint against Liberty Bank in Connecticut federal district court alleging that the Bank engaged in discriminatory mortgage lending in violation of the federal Fair Housing Act. ” Discrimination in extending credit.
The tri-state area (New York, New Jersey and Connecticut) saw the highest growth in the district, an impressive 7 percent. Many of the issues which the OCC will be focusing on ring true for all banks regardless of regulator and region. The OCC on Oct. This metric surged from 2 percent as of June 30, 2013, to 4.4
Drilling into the data, NAR said that each of the four regions tracked showed month-over-month and year-over-year growth. Home sales in that region were up more than 40 percent. As basic economics would predict, tight inventory — the latest tally is only 2.7
Several regional banks have projected minimal growth or even a decline in lending this year. But Connecticut-based Webster is bullish based on its pipeline of nonoffice commercial real estate, public finance and other credits, CEO John Ciulla says.
Through the PYMNTS/CAN Capital Store Front Business Index , we’ve been tracking the data on business health and growth in each state and then stacking those results against the regional and national picture. Well… Connecticut. at large or the region. at large or the region. Why so serious? percent growth.
Take the Connecticut-Long Island oyster ecosystem on Long Island Sound, which is the body of water that defines the border between the two states. The Northeast, where most of the country’s shellfishing takes place, has been hit hard. PYMNTS spoke to both Rivara and Katcham about the pandemic’s effect on the oyster business.
The Connecticut bank —a regional traditionally regarded as a cautious lender — said nonperforming loans and leases rose 53% year-over-year. The uptick was in mostly the commercial-and-industrial loan space, although there was one nonperforming commercial real estate loan, executives said.
The eCommerce retailer is also reportedly eyeing grocery spaces in New Jersey, Connecticut and the New York metro region. It is likely that the first couple of locations will be in the dense suburban Los Angeles locales of Studio City and Woodland Hills, with another reportedly planned for Irvine in Orange County.
can now have alcohol delivered in as soon as an hour from national, regional and local grocers as well as wine and liquor stores. Instacart, the online grocery company, announced Tuesday (March 12) it has expanded alcohol delivery for customers across the U.S. along with wine and liquor specialty stores like BevMo! ”
M&T had long coveted the Connecticutregional but couldn't make a deal work. Their merger is the latest example of regional banks joining forces to compete in an industry undergoing rapid transformation.
Today Fairway operates 15 stores in the New York, New Jersey, Connecticut tri-state area, as well as four liquor stores. According to Fairway Market, the move is a first of its kind for grocers in the region. And as of this week, Fairway Market has officially launched mobile self-scanning checkout in all of its stores.
James Smith, who recently completed his gradual transition out of banking, was spearheading a public-private economic development plan for Connecticut when the coronavirus pandemic hit. The crisis made the need for the plan greater — and the job harder.
"[North Akron Savings Bank customers will gain] access to a broader choice of financial products and services comparable to those offered by the large banks operating in the region." - Steve Hailer, President and CEO of North Akron Savings Bank on the bank''s sale to Peoples Bancorp, Inc.
At issue is the way Whole Foods is repositioning itself in the new, Amazon-led era, where a national focus supplants the regional and local one, where the supply chain and the way fees are levied up and down that supply chain are changing too. Whole Foods called the meeting via email last week, reported CNBC.
the Upper Plains region — saw a spike in small business bankruptcy rates, while Connecticut saw the largest increase in this metric in the third quarter. But a closer look at the data reveals not everyone is sailing through the end of the year with ease. Geographically speaking, the middle of the U.S. —
In its strategy to help employees with disabilities build long-term careers, Unilever partnered with Connecticut’s Department of Rehabilitation Services and Southeastern Employment Services to launch a training and placement program.
If you are looking for any type of personal insurance and already have a AAA membership, The California State Automobile Association (CSAA) could be the AAA-affiliated insurer that services your region. Coverage and rates vary by state and region; there are restrictions and limitations based on location.
However: There are many exclusions, caveats, and restrictions you should be aware of on these policies as you seek to insure a property in a hurricane-prone region. Wind damage can also affect power lines and knock out power grids in an affected region for days, weeks, or even months. Connecticut. Massachusetts. Mississippi.
Yet, in recent years, cash-strapped transportation agencies have been shutting down rest areas in many states, including Florida, Michigan, Ohio, and South Dakota, along with an initiative to do so in Connecticut. Even today, interest in kombucha is mostly concentrated in coastal regions, especially in the Pacific Northwest.
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