Camden National Bank’s Post

"Embark on financial empowerment with Nidhi Company registration, offering limited liability protection and fostering community savings. Simplify compliance with expert guidance and build credibility with legal recognition. Secure stable funding through member deposits and support economic growth in underserved areas. Start your journey towards financial inclusion and operational excellence today." Contact for more Details 70662 90099 #nidhicompany #communitysupport#CommunitySavings #financialfreedom#FinancialGrowth #SecureFuture #collectivewealth #AffordableLoans #MemberEmpowerment

Learn more about the CRA index and responsible banking in this article I wrote!

Waters reintroduces ‘inclusive lending’ bill in House The legislation is intended to support minority depository institutions, community development financial institutions, and minority lending institutions to promote communities of color through inclusive lending. Maxine Waters (D-Calif.), ranking member of the House Financial Services Committee, has reintroduced H.R. 9767, the “Promoting and Advancing Communities of Color Through Inclusive Lending Act.” The legislation, H.R. 9767—the “Promoting and Advancing Communities of Color Through Inclusive Lending Act”—would institute reforms to provide support for minority depository institutions (MDIs), community development financial institutions (CDFIs), and minority lending institutions to promote and advance communities of color through inclusive lending. You can access the entire article at https://lnkd.in/gRY8HSzq. As reported by  Colleen M. Svelnis. #CommunityDevelopment #EqualCreditOpportunity #MinorityDepositoryInstitutions #InclusiveLending  

There's been a lot of talk about the Community Reinvestment Act modernization lately and the impact it will have on our underserved communities. Despite its potential, many people are unfamiliar with the program. If you are one of those people and are looking for a simple overview of #CRA, this post is for you. #BuildingKCTogether

Need a bank that can help you with curbside service while you're on a break from field work? Look no further, this is just a peek of what partnering with our community looks like at F&M! 😉🚜🐮🌽 #communitybanking #FarmersandMerchants #localfarmers

Redlining, a discriminatory practice rooted in 1930s policies, denied loans and financial services to low- and moderate-income (LMI) communities. The Community Reinvestment Act (CRA), passed in 1977, changed that by requiring banks to meet the credit needs of these communities. The CRA, along with other fair lending laws, have been crucial in supporting CDFIs that provide financial access to underserved areas, helping to promote economic development and equity. #40DaysToOFN40 #CRA #Redlining #CDFI 📸: HOLC’s color-coding was such that areas in green were the “best” neighborhoods; those in blue were “desirable”; those in yellow were “declining”; and those in red were “hazardous.” This map is courtesy of the Mapping Inequality Project.

Trust Fund Babies and How They get a Head Start that you and me don't The barriers individuals face due to lack of assets and the detrimental consequences. The unfair advantage the rich have in accessing loans and opportunities. The truth behind trust fund babies and the lasting advantages. #WealthInequality #MentalHealthImpact #EntrepreneurshipBarriers #RichVsPoor #TrustFundBabies #LoanAccessibility #FinancialInequality #SocialMobility #WealthDisparity #OpportunityGap

Don't overlook your reminders and to-do list! Your next task is to schedule with us. Let KVC assist your business in expanding and securing the funding you need. We support businesses of all sizes across any industry. Book a consultation today by visiting https://lnkd.in/dzdzG8mk #consultation #financialplanning #moneytips #blackowned #businessowner #DMV #Baltimore #mybmore #lineofcredit

Turn roving members into raving advocates! Credit unions with a narrow field of membership often lack awareness of how to serve members who relocate frequently. Discover seven ways niche credit unions are expanding their reach while staying true to their roots. Check out our latest article: https://shorturl.at/ul4wp #CreditUnions #MemberAdvocacy #CreditUnionGrowth #FinancialWellness #CallahanCommunity

Join us at #OFN40, along with our partners - Housing Partnership Network and Community Housing Capital, Inc. - for a discussion on “Using New Markets Tax Credits to develop homeownership opportunities and address the affordable housing crisis." Learn how HPN and CHC are using NMTCs to invest in affordable homeownership projects that support community stabilization, address racial inequity in homeownership, and expand wealth-building opportunities. #nmtcs #housingcrisis #homeownership #racialequity