October 30 — Each year, the Federal Deposit Insurance Corp. ranks banks according to the size of their deposits.
As of June 30, here’s what the Owensboro report says.
We have 12 banks with 34 branches and combined they have $ 3.015 billion in deposits.
Here is their ranking:
Independence Bank, $ 1.052 billion; American Bank, $ 522.2 million; Truist Bank, $ 409.7 million; Chase Bank, $ 289.3 million; Central Bank of the South, $ 192.9 million; German American Bank, $ 144 million; Former National Bank, $ 118.4 million; PNC Bank, $ 109.2 million; Limestone Bank, $ 89.5 million; Fifth Third Bank, $ 70.4 million; First United Bank & Trust, $ 16.9 million; and Woodforest National Bank, $ 915,000.
– By the way, German American Bank was recognized as “Best Bank in Indiana” in Newsweek’s second annual “Best Banks in America” ranking.
– Swedish Match’s third quarter report says sales of its Owensboro-made ZYN nicotine sachets increased 12% in the third quarter.
And ZYN’s shipments are up 40% in the first nine months of the year.
– The American Trucking Association says the trucking industry is short of 80,000 drivers, an all-time high.
This is important, they say, because trucks carry 71% of the country’s goods.
The association warns that the shortage could exceed 160,000 in 2030.
—Dunkin ‘At Home announced last week that it is launching a free nationwide recycling program for certain flexible coffee bags.
Consumers can send in their Dunkin ‘soft ground coffee bags and used whole bean coffee bags for recycling free of charge.
Those interested can register on the TerraCycle program page at www.terracycle.com/en-US/brigades/dunkin and mail in empty Dunkin ‘Soft Coffee Bags using the prepaid shipping label provided.
Once collected, the packaging is cleaned and melted into hard plastic which can be remolded to make new recycled products.
– Many gas stations in town are priced over $ 3 for a gallon of gas this week.
But there are still several that are still below this level.
AAA says, “The national average price of a gallon of gasoline increased six cents over the past week to reach $ 3.38.
“The price at the pump has increased every day for the past 27 days, adding about 20 cents to the cost of a gallon of gasoline.
“The last time prices were this high was in September 2014.
“The recent increase in the price at the pump is due to higher demand combined with lower inventories and high crude prices. Since the cost of oil is more than half the price at the pump, consumers will likely pay more as long as crude prices remain high. ”
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