First United Bank’s Post

It's important to believe in and speak highly of your services. But, there's no testimony greater than that of your customers. The two keywords in Thomas's statement is "personalized attention". Come see what he's referring to! #OwnersBank #LibertyBank #CT #CustomerSatisfaction

Don't Bet on It: Avoid lottery frauds. Join us and learn how by watching our latest video on lottery frauds. #LotteryFraudAwareness #CSBBank #ProtectYourself #StayInformed #CyberJagrooktaDiwas

The following is a HughView: Why doesn't the FDIC sell additional deposit insurance? At a time when uninsured deposits are creating risk in the banking system, why doesn't the FDIC think entrepreneurially? When demand for your product surges, sell more! What if the FDIC sold additional deposit insurance at a special premium amount to cover bank deposits up to some new higher threshold, like $10 million? They already effectively insure all deposits anyway, why not get paid for the coverage? That, or could Berkshire Hathaway, with a credit rating higher than the US, sell private deposit insurance through one of its insurance subs? Seems like an opportunity to me. HughViews are my own personal opinions or views, expressed using my freedom of speech, and in no way reflect the views or opinions of any past, present or future employer. #fdic #dontgetchased #whatsawallet #hugh

Following up on our #creditunion delinquency and charge off HealthScore post from last week with another trend chart on the same subject. This one is of a specific credit union (though anonymous) showing total $$ DQs and COs in the vehicle portfolio. Quite the jarring snapshot, but perhaps similar to the experiences of some credit unions over the last year.

This coverage can help you get your life back on track after being defrauded. Learn more from your agent.

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What does it mean when a bank says it's "member FDIC"? They're telling you that your deposits with them are insured by the Federal Deposit Insurance Corporation (FDIC), an independent federal agency that safeguards customer deposits if a member institution fails. The FDIC covers up to $250,000 per depositor, per FDIC-insured bank, per ownership category. In other words: your money is safe at an FDIC-insured institution, including your Minnesota community bank! 🏦 #bankterms #communitybanking #banklocal #bankinmn

Your clients trust you, so always do what’s right. This is another reason why I don’t bank with these guys! 🚨 Fifth Third Bank Settles with CFPB Over Auto Insurance and Fake Accounts Practices Fifth Third Bank has agreed to a $20 million settlement with the Consumer Financial Protection Bureau (CFPB) over illegal auto insurance practices and the creation of fake customer accounts. The CFPB found that the bank wrongfully charged over 35,000 customers for unnecessary auto insurance, leading to over 1,000 vehicle repossessions. The bank will pay $5 million in redress and $15 million in penalties and has been ordered to reform its business practices. Susan Zaunbrecher, Chief Legal Officer, emphasized the bank's commitment to addressing these legacy issues and prioritizing customer-centric practices. The penalties will be paid into the CFPB's victim relief fund. #FinanceNews #CFPB #FifthThirdBank #AutoInsurance #CustomerProtection #EthicalBanking

Since FDIC insurance began in 1934, no depositor has lost insured funds. That’s why we offer IntraFi for large deposits—to keep your money safe. Looking for a convenient way to protect more than $250,000 so you know it’s there when you need it? Ask a Waypoint Bank team member about IntraFi today. Learn more about IntraFi here: https://lnkd.in/d_sAMjHH #WaypointBank #FDIC #IntraFi

I will solve it. But the stupidity of the banks is unreal. Chase Bank is refusing to honor Letters Testamentary as the Will named two people to serve as co-executors. The court had appointed my clients to serve as co-executors. The Will, Order, Letters all reflect that they are co-executors. Chase said NOPE. This will not work. There's no such thing as co-executors. So they will not release the account under the name of the decedent even with proper presentation of both co-executors, letters and EIN for the Estate. Unreal. This is today's problem of the day. WTF. #TrustsAreBest #VestInYourTrust #ProbateIsWildWest