Neighborhood Family Practice’s Post

We're excited to announce that Pebl has reduced its fees for the second time! As our business continues to grow, we’re committed to passing on the savings to our valued Australian merchants and their customers 🚀 With our new reduced fee of just 1.80%, Pebl makes accepting payments more cost-effective than ever. But the benefits don’t stop there – when you enable surcharging in your settings, Pebl becomes essentially free to use (if you don't count mobile data or wifi costs 🌐) Join us in transforming the way businesses handle transactions, keeping more in your pocket while providing seamless payment experiences for you, your staff and most importantly, your customers. Discover the Pebl advantage today and see how we can help your business thrive. #PeblPayments #BusinessGrowth #AustralianMerchants #PaymentSolutions #TapToPayOniPhone #TapToPayOnAndroid #Fintech #BusinessSavings #Innovation

Be sure to look for Bill Hoving and Tim Swiat to learn more about KeyState's services that can unlock earnings for your community bank. #conference #attending #fms #financialmanagerssociety #communitybanks #communitybank #communitybanking #communitybanker

Financial Institutions have had to fight hard for deposits as interest rates have increased, liquidity has tightened, and competition has grown. For management teams looking to strengthen their deposit strategy- this is an excellent best practices checklist to consider incorporating into your regular discussions. #riskmanagement #banks #fdic #interestrates #alm

Naomi Snyder at Bank Director published a fresh article on the war for deposits this week. This post includes contributions from Brad Elliott, Jeffrey Reynolds, Donald Musso, Mark Holt, Gerard Cassidy, Peter Winter, Jill Cetina, CFA, Mike Santomassimo, Michael Daniels, Thomas Broughton, Ira Robbins, and Val Srinivas. Subscribers can find it at https://lnkd.in/g5iUmAnG Many financial institutions are ahead of the pack with deposit strategies today. We encourage your financial institution management team to check out the Deposit Best Practices Checklist here to see what the high performers are doing... #communitybanking #deposit #bestpractices

Here are various strategies to tackle the deposit battle!

What's always lost in these discussions and approaches is a lack of understanding of one's true core funding base and a belief of what might have worked for one credit union will work for another. If 2020-2024 taught anything fundamental, it is that loan growth can't exceed its "core" funding base. The failure to identify this element will cause most to overstate their actual asset profile and eventually cause volatility in earnings, liquidity, credit mitigation, net margins and safety of capital.

DoughMain Financial Literacy Foundation (DMFLF) and our FitKit™ and FitKit™ Express community programs can support a depository institution's #CRA program. Contributions or partnering with DMFLF to offer FitKit™ Personal finance programs may help improve or maintain a bank's CRA rating.  The CRA requires banks to meet the credit needs of all communities, including low- and moderate-income areas, consistent with the safety and soundness of the bank's operations. CRA ratings, performance evaluations, and examination schedules are publicly available at the bank's regulatory agency website.  If an institution has a poor CRA rating, regulators can delay or deny that institution's request to expand their business through mergers, additional branches, or new products and services. Our programs can complement existing financial services, as the bank's #financialliteracy initiatives are included in this evaluation. The bank also needs to be able to demonstrate the significance of its contribution to regulators conducting CRA examinations.  DMFLF will assist the bank in demonstrating the positive impact of its financial literacy initiatives, through a comprehensive suite of metrics demonstrating program depth and effectiveness. To Partner with DMFLF please contact rchurch@doughmainfoundation.org

It’s easy to let your guard down during the busy holiday season. But with KeyBank's checklist, you can help safeguard your business from criminals in this festive time of year and beyond! #IAmKey

This week’s deal isn’t a let down by any measure, both broker and client were blown away by the support provided by the local relationship manager to secure funding to purchase the existing trading premises for this tyre fitting business. At NatWest we can support a wide range of sectors and businesses drive on to future growth and success, and that’s not inflating things..?! 😉🛞🚗💨💨 #smefunding #commercialfinance #doingagreatdealforbrokers

Rockstar speaker. Must tell my wife. I'll be on the panel considering fair lending; what that looks like, strategies, where the future of fair lending is heading. As a community not-for-profit, we aim to not just be fair, but to use our savings and loans to elevate our Member's lives, taking them to a place they didn't think possible. Sometimes in very small ways such as kitting out the kids with school uniforms with dignity, may be a once-in-a-lifetime family holiday, home improvements, consolidating expensive debts. And of course all our borrowers save at least £12/month with their loan repayments; building up financial resilience and learning valuable money management lessons. #derby #derbyshire #creditunions #credituniondifference #FTTMutuals