Through this government agency established by Congress, checking and savings account holders at FDIC-insured banks are guaranteed up to $250,000 in coverage. This has become an increasing area of concern, for some individuals, businesses, entrepreneurs, nonprofits and other entities, because it’s not uncommon to have an excess of $250,000 in cash at a given time. Learn more about how Minnwest Bank keeps your money insured and gives you peace of mind that you're protected: https://bit.ly/3Li2zuz
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🎁 Did You Know? You can use Gift Funds from a relative or employer for your down payment or closing costs! Each loan program has specific requirements for donor documentation. Give me a call before making an offer to ensure everything’s in order. Let's make sure your donor is ready to help you seal the deal! 🏡📞#BPMLending #HomeBuyingTips #GiftFunds #MortgageHelp #LocalMortgageBroker
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President/Loan Officer at BPM Lending NMLS# 1027607 Company NMLS# 2522678 Equal Housing Opportunity Cell 919-721-4231 Office 919-342-8311. Licensed in NC, SC, TX and FL.
🎁 Did You Know? You can use Gift Funds from a relative or employer for your down payment or closing costs! Each loan program has specific requirements for donor documentation. Give me a call before making an offer to ensure everything’s in order. Let's make sure your donor is ready to help you seal the deal! 🏡📞#BPMLending #HomeBuyingTips #GiftFunds #MortgageHelp #LocalMortgageBroker
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"Why are credit unions collecting loan interest and fees if they are not for profit, but for service?" Credit unions, while not-for-profit organizations, still need to collect loan interest and fees in order to cover operating expenses, maintain financial stability, and continue providing their members with valuable services and products. By charging interest and fees, credit unions are able to generate revenue that can be reinvested back into the credit union to benefit members and improve overall financial health. #creditunions #financialservices #nonprofitorganization
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"Why are credit unions collecting loan interest and fees if they are not for profit, but for service?" Credit unions, while not-for-profit organizations, still need to collect loan interest and fees in order to cover operating expenses, maintain financial stability, and continue providing their members with valuable services and products. By charging interest and fees, credit unions are able to generate revenue that can be reinvested back into the credit union to benefit members and improve overall financial health. #creditunions #financialservices #nonprofitorganization
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What is a credit union bank, you ask. Not for Profit, Not for Charity, But for Service Credit unions are unique financial institutions organized solely for service and not for profit. They offer superior services that are not easily found elsewhere. Their focus is on providing quality services, fair rates and fees, and reliable advice and information to their members. However, even nonmembers benefit from the credit union marketplace as their competition helps in keeping prices lower among other financial service providers. The "credit union difference" lies in their not-for-profit nature, operating as financial cooperatives to serve their members rather than making profits. Though they function as businesses and earn income to cover expenses and maintain reserves for financial stability, they do not issue stock or pay dividends to outside stockholders. Instead, they return earnings to their members through lower loan rates, higher interest on deposits, and lower fees.
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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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Here's a really important blog from MoneyHelper with guidance for young people and their families on finding their Child Trust Fund free of charge. Please share among your networks and with any young people you think may be eligible! #financialeducation #UKFinancialWellbeing
Please see our latest #MoneyHelper blog on how young people can find details of their Child Trust Fund free of charge. Please share with your network 👇 https://lnkd.in/dwSwtegZ
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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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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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Did you know that where you choose to bank matters? Your money has the power to strengthen your own community. MainStreet Bank supports local families and businesses, invests in our community and gives back locally. #CommunityBankingMonth #BankLocally https://nuvi.me/eqxwk4
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