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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. This region has the kind of energy that draws people to a place and helps them and their businesses thrive. The Houston metro took the 10th spot with a 20.3% Here’s how four community banks are thriving in this environment.

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Instacart, Walmart Canada Work On Grocery Delivery Pilot

PYMNTS

According to a report in USA Today in August, the service was available in Atlanta and Augusta, Georgia; Knoxville, Memphis, and Nashville, Tennessee; Little Rock, Arkansas, as well as other cities and regions. The goal is to have the service in 120 metropolitan markets by October, which will cover 1,600 stores.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

“Verizon launched the world’s first commercial 5G Ultra Wideband network in October 2018 with the rollout of 5G Home broadband internet service in Houston, Los Angeles, Sacramento and Indianapolis,” the company said. 5G Potential.

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Inside Chipotle’s Decade Of Digital-First Ordering Innovation

PYMNTS

Pizza chain Domino’s , for example, is planning to test self-driving vehicle technology in one major metro region. The company has partnered with autonomous technology firm Nuro with plans to put driverless delivery vehicles to work in Houston, Texas, by the end of 2019. New restaurant models are also being tested in other markets.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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15 Minutes With … Jimmy Rasmussen

Independent Banker

Finally, I focus on economic news in our markets, which include five communities south of Houston. The news will focus on capital spending and job creation with an emphasis on Galveston Island, which is where our community bank’s headquarters and largest market is. IB: Galveston has a big tourist economy.

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The Warehouse Building Rush Brought By eCommerce

PYMNTS

Ecommerce is really changing the shape of the market,” said Perry Colosimo, a FedEx spokesman, in a written statement. “We All in, developers have added 56 million square feet of space, and the market has grown a staggering 25 percent. The neighborhood itself is a virtual who’s-who of America retail: Walmart Stores Inc.,