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Once a novelty, mobile banking is becoming an increasingly popular way to make deposits or withdraw cash from ATMs.
Being small has its advantages, as a group of 11 San Diego credit unions operating with total assets below $100 million will tell you.
ECONOMY: Long-Term Deals Lock in Prices for Some Buyers
The recent spectacular decline in oil prices might make a casual observer assume that businesses and institutions that run fleets are all saving money.
The nation’s banking industry is apparently well back into the black, and making higher profits.
LEADERSHIP: CFOs Are Increasingly Involved in Strategy, Operations and Business Development
They’ve got their fingers on just about every facet of a company, likely know where all the skeletons are buried and are wearing more hats these days.
An index measuring San Diego’s economy rose 0.6 percent in October, the fifth consecutive month it’s increased, signaling solid growth at least through the end of 2015.
Aethlon Medical Inc. announced that it has entered into a definitive agreement to raise approximately $3.3 million at a price of $0.30 per unit.
On the heels of Thanksgiving comes Black Friday, and then comes Small Business Saturday, say the folks at the San Diego District Office of the U.S. Small Business Administration.
GREEN: As Costs Plummet, Noble Sees Growing Uses for Innovative Building Material
A San Diego based company has turned cardboard, dryer lint, paper — and occasionally even cow pies — into a building material that is lighter and more versatile than its wood, plastic and aluminum predecessors.
Mission Federal Credit Union is doing more small business lending these days and plans to expand that line.
The Asian Real Estate Association of America, a national trade group based in San Diego serving Asian Americans in the real estate industry, said a recent report shows that segment applied for and obtained the largest share of purchase mortgages than any other minority group in recent years, measured both in number and dollars.
The reported work slowdown at the Los Angeles and Long Beach container ports is having no effect on operations at the Port of San Diego, according to a port spokeswoman.
HFF announced that it has secured a $140 million financing for the Omni San Diego hotel, a 511-room, 21-story luxury convention center hotel. Proceeds from the financing will be used to refinance the existing debt on the hotel, HFF said.
FINANCE: Being Bigger Becomes More of a Necessity
Smaller, community banks continue to vanish from the national and local landscape, causing some people to speculate they may eventually become extinct.
BofI Federal Bank grew its deposits over the last year by more than $1 billion, but it still has far more loans than deposits, a rarity in the banking world.