Friday, 25 September 2020

Local banks have $2.94 billion in deposits

A new report from the Federal Deposit Insurance Corp. says there was $2.94 billion in Owensboro’s 12 banks on June 30.

But because some national banks move money in and out of the county as needed, that doesn’t necessarily mean that it’s all ours.

Here’s where the money was on June 30 — BB&T, $1 billion; Independence Bank, $607.8 million; U.S. Bank, $395.9 million; JPMorgan Chase Bank, $220.9 million; South Central Bank, $177.6 million; First Security Bank, $167.8 million; PNC Bank, $98.9 million; Old National Bank, $92.7 million; Fifth Third Bank, $64.1 million; Republic Bank & Trust, $49.4 million; Limestone Bank, $35.5 million; and Woodforest National Bank, $480,000.

• What’s that going in on Wimsatt Court across from Popeyes in Highland Pointe?

A Suds Up Car Wash.

The car wash, part of a small national chain, will cost $1.47 million, according to the building permit.

Matt Hayden, who’s developing the center, says he expects another announcement there within 30 days.

• A remodeling permit was issued last week for Hannah Bells Cafe, 1324 Carter Road, Suite A.

That’s in Village West Shopping Center.

• Saturday will be Catfish Willy’s Seafood Restaurant’s last day at 1007 Tamarack Road.

The restaurant is relocating to 5724 E. Virginia St. in Evansville in late October or early November.

• A new study by ranks Kentucky counties on local investment and economic expansion — things like business growth, GDP growth, new building permits and federal funding.

Scott County (Georgetown) was No.1 followed by Warren County (Bowling Green).

Daviess ranked 23rd in the state and 632 nationally.

• Local Spectrum cable customers in Owensboro will be getting better picture quality and 57 additional HD channels, beginning on Tuesday, the company says.

It’s switching to an all-digital service.

• CoreLogic’s Home Equity Report for the second quarter of 2018 says that homeowners with mortgages — roughly 63 percent of all properties — have seen the equity in their homes increase by 12.3 percent in the past 12 months.

That’s an average nationally of $16,200.

California homeowners gained about $48,800 in equity.

In Kentucky, it was about $6,000.

• Amazon Go says it plans to give convenience stores some competition.

Bloomberg said last week that Amazon is considering a plan to open as many as 3,000 new Amazon Go cashierless stores by 2021.

That would make it one of the biggest convenience store chains in the country.

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