article thumbnail

Shift4 targets more acquisitions

Payments Dive

With corporate valuations on the decline, the Allentown, Pennsylvania-based payment processor is targeting more growth this year in new sectors and additional regions. "We’re going into a climate now where we might find some opportunities that are great strategic fits," CEO Jared Isaacman said.

article thumbnail

JPMorgan Bucks The Trend, To Open 50 New Branches In Philadelphia

PYMNTS

bank based on deposits and branches, reported CNBC, although there are areas and regions where the bank isn’t dominant. In Pennsylvania, for example, Wells Fargo , PNC and Citizens are the leading banks. The move is part of an earlier plan it announced in January, in which it said it would open 400 branches around the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Crowdfunding, Deferred Loan Payments Jumpstart SMB Relief

PYMNTS

to help bailing out their SMB customers, with some regional financial institutions (FIs) already taking action. Pennsylvania Offers State-Level Support. Below is a roundup of some of the most recently announced measures. Fed Calls On Small Banks. Federal Reserve this week called on small banks around the U.S.

Payments 173
article thumbnail

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. • Traditional control processes (such as audit, loan review, internal controls and due diligence).

article thumbnail

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.

article thumbnail

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. And so it went in Hallstead, growing gradually, as towns tended to do in rural Pennsylvania, with bank loans funded by local depositors supporting the growth.

article thumbnail

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. And the United States is filled with other shopping options, particularly in the most desirable regions. “If