Carver Federal Savings Bank’s Post

In the world of credit unions, collaboration isn’t just a buzzword – it’s a key strategy for success. A Credit Union Service Organization (CUSO) brings credit unions together, allowing them to pool resources, share insights and ultimately provide better services to their members and communities. Learn more about our exclusive CUSO, CU Servnet and how we provide a member-centric approach for our credit union partners. #CenlarIsSubservicing #cenlar #cenlarfsb

Join CUBG in Baton Rouge, LA for Hot Topics in Business Lending! In this two-day session you’ll learn how to best approach the issues and obstacles your credit union’s program may face in 2024 and beyond. You’ll hear from CU Business Group experts and credit union business lending leaders on how they are approaching lending in 2024 and how to continue to grow and succeed in a challenging economic environment. #creditunions #businesslending #cubg #commerciallending

The Reason You Should Consider Credit Unions Credit unions typically offer lower fees, higher savings rates, and a more hands-and personalized approach to customer service to their members. In addition, credit unions may offer lower interest rates on loans. And, it may be easier to obtain a loan with a credit union than a larger impersonal bank. Contact your local #creditunion today!! #motivationwithmilton #howcaniserveyou #creditunionsrock #USSFCU #MECU #TeamSECU Point Breeze Credit Union

Meet Michelle Gobert, a long-time customer whose success story with Liberty Bank is an inspiration. ‘Liberty is constantly supporting small businesses for success, through mentoring, education, and fostering partnerships,’ says Michelle. At Liberty Bank, we’re proud partners with the U.S. Small Business Administration, offering tailored SBA loans like the 7(A) Guaranty Program and 504 Program. These programs are designed to help your business thrive, with benefits like lower down payments, extended terms, and versatile uses. Ready to discuss the future of your business? Let’s chat and explore how we can help you grow. #TheresFreedomHere #LibertyBankSBA #SmallBusinessGrowth #SuccessStories

British Business Bank launches essential guide to starting a business This comprehensive guide offers a step-by-step approach to launching a business, covering 11 key topics in a format that is straightforward and easy to digest. 📚Find out more here: https://lnkd.in/e4V5GXfX Richard Bearman  British Business Bank  #businessgrowth #britishbusinessbank #newbusiness

"Credit unions often work with a credit union service organization (CUSO), a corporate entity that is owned wholly or partly by the credit union and that provides specialized services to the institution to help fill gaps in its operations. CUSOs, often owned jointly by several credit unions to share common services and create economies of scale, provide ways to share risk, manage costs, and innovate to meet members’ needs. M&A and CUSOs can help credit unions as they square off against deeper-pocketed financial institutions for market share." #creditunions #genz #bankingtechnology McKinsey & Company

Wondering how you can improve your business's credit score? Here are 5 tips to help get you ahead... -Pay Your Bills on Time: Timely payments show reliability and trustworthiness. -Monitor Your Credit Report: Keep an eye on any discrepancies and address them promptly. -Establish Trade References: Build relationships with suppliers who report to credit bureaus. -Utilize Credit Responsibly: Don't max out your credit lines; keep your credit utilization low. -Work with Crown Bank: Our experts can provide personalized guidance and financing solutions tailored to your business needs. At Crown Bank, we're not just your financial partner; we're your allies in success. Contact us today to learn more about how we can help you elevate your business credit game! crown-bank.com/contact/ #CrownBank #BusinessCredit #FinancialGrowth #LocalBanking

🌟 Exciting News Alert! 🌟 Jet Lending has been rated as Forbes' top hard money lender for 2024 for our exceptional customer service! Don't risk getting left hanging when you need fast answers to move your deal forward. Trust Jet Lending to be reliable and never let you down. Contact me today and experience the difference for yourself! #JetLending #ForbesTopLender #CustomerServiceExcellence #talkrealestatewithVanessa #TexasHardMoney #HardMoney 🚀🤝

The merchant cash advance industry in 2023 was at $2795.6 million. By 2028 it is expected to grow to $9092.8 million. Merchant cash advances (MCA) are one of the major causes of small businesses declaring bankruptcy. Action by government agencies is not enough to slow the growth of this industry. Small businesses are the backbone of the American economy. Congress needs to enact legislation putting more regulation on the MCA industry. #businessfinance #mca #smallbusiness #businessloans

Today's Banker Banter is answered by SVP, Credit Officer, and SBA Specialist Amanda Aaron. Q: How do I know if I'm eligible for an SBA Loan? A: If you are a for-profit business looking to grow but don't feel like you have the necessary financial profile to get a loan, reach out to your SouthStar Bank Loan Officer to talk about your business and financing needs. We have options for all your business needs! Have a banking question you need answered? Leave your questions in the comments section to have them answered in the next Banker Banter! #BankingTexasStyle