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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

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. It measures 1-5, with 1 being the best score an institution can receive and 5 the worst). • Traditional control processes (such as audit, loan review, internal controls and due diligence).

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Supermarkets Place Limits On Paper Products Amid Rising Coronavirus Cases

PYMNTS

H-E-B put into place restrictions on paper towels and toilet paper as of the end of October at stores in the Central Texas, Border, San Antonio and Gulf Coast regions. Pennsylvania-based The Giant Co. H-E-B, for its part, supervises over 400 retail locations, primarily in Texas.

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Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Among the names joining up are Citizens & Northern Bank (based in Pennsylvania), Inland Bank (Illinois) and Lincoln Savings Bank (Iowa).

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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

Pennsylvania reported similar figures, with tax revenues from brick-and-mortar gambling declining to $50.5 New Jersey and Pennsylvania have become two of the most important markets for U.S. New Jersey issued closing orders for its brick-and-mortar casinos on March 16, for example, and while revenues for its casinos fell 61.7

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

The Philadelphia Real Estate Investment Trust (PREIT) owns 17 malls surrounding the New York-New Jersey-Pennsylvania corridor, with a smattering of properties near Detroit and Washington, DC. The ability to help our tenants get to the other side of the mandated closures became front and center of our marketing efforts.

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Community Bank History: Peoples National Bank, Hallstead, Pennsylvania

Jeff For Banks

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. The bank showed deposits of $596,589 prior to the stock market crash of 1929 (approximately $10 million in today’s dollars). After six months in business, the bank posted profits of $750*.

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The Warehouse Building Rush Brought By eCommerce

PYMNTS

This weekend Allen Township in Pennsylvania saw a groundbreaking …well, groundbreaking. 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.