Many intricate details are involved in running a CDFI credit union. One of the more common ones credit unions can run into - and is often misunderstood - is the definition of a 'material event' and what you must do when one occurs to ensure compliance with the Community Development Financial Institutions Fund (CDFI Fund). Read about it from our expert, Christine Duncan! https://loom.ly/xBocgws #creditunions #CDFIs #materialevent
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**Bank of Dave: A Testament to Resilience and Community Spirit** I watched the film "Bank of Dave" last night and it left me inspired by the incredible journey of Dave Fishwick. Here are some key lessons we can all take away from his story: 1. **Perseverance**: Dave's relentless determination to overcome numerous obstacles teaches us the value of never giving up. 2. **Community Focus**: His dedication to supporting local businesses and individuals highlights the importance of prioritizing the needs of our community. 3. **Challenging the Status Quo**: Dave's fight against established financial institutions shows that innovation and change are possible, even in heavily regulated industries. 4. **Ethical Business Practices**: His commitment to ethical lending and donating profits to charity underscores the importance of running a business with integrity and social responsibility. 5. **Adaptability**: Dave’s ability to adapt and find creative solutions in the face of challenges is a valuable lesson for us all. Dave Fishwick’s story is a powerful reminder of the impact one person can have when driven by a mission to help others. What are your thoughts on "Bank of Dave" and the lessons it offers? https://lnkd.in/e6FN_RAc
Bank of Dave | Official Trailer HD
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For CDFI credit unions that had concerns whether their 2023 loans might not meet the new certification standards, the extension from the Community Development Financial Institutions Fund (CDFI Fund) is great news! Now there’s time to make adjustments as needed. So where do you start? Learn more during our July 10 webinar for currently certified CDFI credit unions: https://loom.ly/qKXwPRc #creditunions #CDFIs
Welcome! You are invited to join a webinar: The CDFI recertification deadline extension – make the most of it!. After registering, you will receive a confirmation email about joining the webinar.
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💼 Commercial Banking Solutions Protect what matters. 16x the FDIC insurance coverage and added peace of mind for our clients. Get covered for up to $4 million. If you’re interested in learning more about this unique Wintrust solution, don’t hesitate to reach out! #Wintrust #MaxSafe #FDIC #CommercialBanking #PeaceOfMind
With MaxSafe, funds are deposited across our 16 community bank charters — allowing you 16 times the coverage and more peace of mind. To find out more and to open an account, visit: https://bit.ly/4e1HQXX
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Is your emergency fund in check? Meet Kelvin who’s got his finances covered! He spends about GHC 3,000 each month but has set aside a solid GHC 18,000 as his emergency fund. 💪 That’s 6 months’ worth of expenses giving him a safety net for unexpected situations. 🔒 How many months of expenses do you have saved up? Share your answer in the comments below. #phundittips #emergencyfund #moneymindset
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Membership has its Advantages! At Alabama ONE members have access to a No Withdrawal Penalty Ascend Fund, allowing you to get access to your money without losing money! To see more of the advantages that come with being a member of Alabama ONE go to https://lnkd.in/eX9d8ax7 #AlabamaONE #ONETogether #WhatsYourONE
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Check out our latest blog post at corebank.com! Learn about the benefits of a trust in our new article, "Trusts: Five Things to Know for Managing Assets - Core Bank." #finance #trusts #assets #wealthmanagement
Core Bank | Personal, Private & Business Banking Solutions
https://corebank.com
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Why is Guaranty Trust Holding Company Plc (GTCO Plc) more valued than Access bank despite having similar earnings per share? Join the conversation in the comment section below Click the link https://lnkd.in/eZwkknqU to watch the full video #nairametrics #followthemoney #nmfollowthemoney #finance #wealth #share #stock #market #bank #business #investors #radioshow
Strategic Capital Moves - Access Bank's Share Issuance and GTCO's N400.5 Billion Fundraiser.
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Community Associations are not-for-profit entities, so earning as much as you can on your deposits is a great way to increase your reserves. From CDARS to Certificate of Deposits, Alliance Association Bank has deposit and investment tools to help you safely grow your community's funds. Learn more about your options here: https://bit.ly/4c89vpv #CommunityAssociations
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Membership has its Advantages! At Alabama ONE members have access to a No Withdrawal Penalty Ascend Fund, allowing you to get access to your money without losing money! To see more of the advantages that come with being a member of Alabama ONE visit https://lnkd.in/eX9d8ax7 #AlabamaONE #ONETogether #WhatsYourONE
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📝 Attention Connecticut-based community banking and lending advocates 💻: the Federal Deposit Insurance Corporation will host a webinar about the benefits of having mainstream banking relationships along with establishing asset-building strategies. Learn how having a bank account can assist consumers in establishing their financial futures & how successful asset-building initiatives aim to assist unbanked and underbanked individuals of low-and moderate-income (LMI) get on the path to financial stability. You'll also learn about efforts to reduce the unbanked population in the state of Connecticut. https://lnkd.in/dVSRm6X2 prompts CRA 1&sms=7&cn=P4wQmVPzSJCiCOqk5h9qJQ
Temp 3 Community Affairs Webinar
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