Ali Aberle’s Post

Check out this insightful story by Imani Moise of the The Wall Street Journal that highlights the benefits of community banks and credit unions. According to the story, "some bank customers are going small, pushing back against a wave of consolidation that has concentrated deposits and loans in a handful of the largest banks. Many have found that making a switch not only gets them more face time with bankers, but they are also earning more and paying less." At Federal Home Loan Bank of San Francisco, we are a proud partner of community banks, credit unions, and local lenders. Together, we advance homeownership, affordable housing, and economic development across Arizona, California, and Nevada. Read the story: https://lnkd.in/eSKEEy7D

In case you missed it, learn more about the Credit Union, which has been serving the financial needs of Law Enforcement Officers and their families for over 8 decades, since 1938. #CreatedByLEOsForLEOs #LawEnforcement #FirstResponders #PoliceMortgage #PoliceOfficers

Republic First Bank, a Philadelphia-based financial institution, has been seized by U.S. regulators and is set to be sold to Fulton Bank. Key details: 📍 This marks the fourth major regional bank failure since last spring. 📍 Deal allows Fulton to expand in Philadelphia without excess regulatory scrutiny. 📍 Fulton Financial to rebrand all Republic First branches. 📍 Republic First had approximately $6 billion in assets at closure. 📍 FDIC estimates the bank's failure to cost the insurance fund $667 million. 📍 Most Republic First deposits were uninsured, exacerbating its instability. Why This Matters: 📍 The takeover may stabilize regional banking conditions in the Philadelphia area. 📍 This event could prompt tighter regulatory scrutiny on banks with similar profiles. Insights: 📍 The acquisition could strengthen Fulton's market presence but raises concerns about the health of regional banks under prolonged economic pressures. Impact: 📍 Investors and customers of regional banks should closely monitor the financial health and regulatory compliance of these institutions. #Banking #Finance

A full Stock Yards Bank & Trust team composed of Fraud, Research, Mortgage Banking & Business Banking taught Financial Literacy, Fraud & Scam Prevention at Kentucky Refugee Ministries, Inc. last week. This is part of a series of Financial Education classes Stock Yards Bank has been teaching since December 2023! Don't forget to check out our latest blog post from our Chairman & CEO regarding the importance of financial literacy at https://brev.is/Pkhrp #FinancialLiteracyMonth #MoneySmart #FinancialEducation

I enjoy being a banking partner for my clients. Customer service is our specialty.

Unlocking the Code: Deciphering the Symphony of Numbers - Breaking Down Your Credit Score. 📊💳✨ 35%: PAYMENT HISTORY- How often do you pay your accounts on time? 30%: AMOUNTS OWED - How much of your total credit have you used? 15%: LENGTH HISTORY- How long have you had credit history? 10%: NEW CREDIT - have you opened new line of credit lately? 10%: TYPES OF CREDIT- do you have more than one credit line? 📞 Contact Us Today 📞 ☎️706-410-6577 Nmls #: 2500062 📧 info@pushpurposefinancial.com 📧tmcduffie@capitalfcu.org #PropertyProspects #DebtFreeDreams #HomeInvestment #WealthCreation #FinancialWellness #HouseGoals #FutureHomeowner #MortgageMastery #EconomicEmpowerment #SmartFinance #RealEstateGoals #WealthMindset #HomeEquity #FinancialEmpowerment #OwnershipOpportunity #MortgageWisdom #AssetBuilding #FinanceYourFuture

Underbanked: What It Is and Who They Are #UnderbankedRealities #FinancialInclusionMatters #AlternativeFinanceSolutions #BreakingBarriersInBanking #EconomicEquality #AccessToCredit #ClosingTheGap #CommunityDevelopmentFinance #DiverseFinancialSolutions #EmpowerTheUnderbanked https://lnkd.in/gvX_t2Mk

It’s time for a change at the #FHLBanks. We need to redirect focus from “banks for bankers” profits, to supporting #AffordableHousing and #CommunityDevelopment. Read more in our American Banker Op-Ed by Sharon Cornelissen

A recent article in McKinsey & Company highlights that only 48% of millennials now view credit unions as valuable, a drop from 51% a decade ago. In comparison, during that same time period, banks have increased their value perception by 15%. Credit Unions partner with Marstone to address some of the most significant issues and can increase their value through: - Providing a user-friendly digital platform to increase engagement. - Tailoring financial advice to meet the needs of individual members - Access around the clock so that members can manage their finances at any time Learn more about the Marstone platform and how we work with credit unions on our website today. https://lnkd.in/em-6QDcY #FinTech #FinancialTechnology #WealthManagement #CreditUnions

Discover the latest insights into the CFPB's supervisory oversight of non-bank entities. Dive into the analysis by Erik Halvorson and Andrew Narod on the Financial Services Perspectives blog and learn more about the complexities of the first public supervisory designation of a high-risk nonbank installment lender. [https://bit.ly/49ZrcWX]