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52 New Digital Banks Added to The Financial Brand s Neobank Tracker

52 New Digital Banks Added to The Financial Brand s Neobank Tracker
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Malden to open its first Starbucks store

Malden to open its first Starbucks store © Joe Raedle Malden to open its first Starbucks store Malden is finally getting a Starbucks. The seemingly ubiquitous coffee shop chain will open its first-ever location in the city this fall, the developer of an office building in Malden Center said Monday. Berkeley Investments confirmed that Starbucks will occupy about 2,500 square feet in the ground floor of Exchange 200, a research and life-sciences project Berkeley is completing this year near the Malden Center MBTA station. The Starbucks will take the place of a Caffe Nero shop that had been planned in the building prior to the COVID-19 pandemic. Two full-service restaurants 110 Grill and Evviva Trattoria opened at the building earlier this summer. Malden Mayor Gary Christenson first broke the news in a tweet last week. “Since I came into office, I have to say that Starbucks was our most requested franchise,” he said. “We have been on the hunt for all these years.” TIM

Cambridge Savings rolls out digital-only bank

REGISTER NOW Cambridge Savings Bank is borrowing from the playbook of larger rivals as it looks to add customers from outside its Boston-area footprint. Like the $187 billion-asset Citizens Financial or the $135 billion-asset MUFG Union Bank, the $5.2 billion-asset Cambridge Savings has launched a digital-only bank with a goal of attracting depositors from across the U.S. Dubbed Ivy Bank, the new digital-only unit offers savings accounts and certificates of deposit, but its menu could expand as it adds customers, said Katie Catlender, the bank s chief commercial officer. “What we intend to do is just watch and learn and really look at what people need next,” Catlender said in an interview.

Cambridge Savings Bank Launches New Digital-Only Division, Ivy Bank

Cambridge Savings Bank Launches New Digital-Only Division, Ivy Bank
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