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Here is The Math Behind the High-Yield Account

South State Correspondent

If you bank in a fast-growing state such as Nevada, Utah, Idaho, Arizona, Texas, Florida, or South Carolina, population and business formation growth result in lower acquisition costs. Your banker smartly cross-sells them a savings account and pays them the current national average of 59 basis points.

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Spotlight on lending: Commercial loan growth geographically

Abrigo

Nationally, the picture is a fine one. Sageworks Senior Risk Management Consultant Garrett Morris explained, “Based on market trends and the statistics below, its clear community and regional banks are looking to compete with national institutions to grow their loan portfolios given today’s good credit quality.”

Lending 186
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Marriott Sees ‘Improving Trends’ In Greater China As Region’s Travel Begins Recovery

PYMNTS

As some beaches reopened last weekend, Sorenson noted that the Ritz-Carlton Bacara in Santa Barbara and the company’s hotels in Hilton Head, South Carolina were expected to attain roughly 50 percent of occupancy based on reservations on the books.

Trends 178
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How Clandestina (Literally) Snuck Into The US Market

PYMNTS

And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S. Frenzy manages printing, packing and shipping. customers, these early figures are pretty exciting.

Marketing 198
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Uber Eats Says Customers Donated $3M To Help Unemployed Workers

PYMNTS

Uber Eats said it will send its matched portion to the National Restaurant Association’s Restaurant Employee Relief Fund. As reported in early April, the National Restaurant Association created the fund to support U.S. Two days later, it expanded citywide and then was introduced over the next week to the rest of the nation. “We

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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

PYMNTS

Out-of-state retailers that sold into California, Louisiana and South Carolina are being asked to retroactively comply with remote seller laws, and pay taxes on sales conducted in the years before the laws were in place. National Retailers On Staying Compliant When Tax Exemptions Are Only Statewid e.

Taxes 130
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Changing the Conversation About Income Volatility

PYMNTS

So together, LendUp and the Aspen Institute’s EPIC are launching Finance Forward, a national conversation to discuss the issue from the perspective of individuals, local government, nonprofits, for-profits, employers, tech and anyone else with an ability to lend or take action. The series kicked off June 1 in Columbia, S.C.,