As a reminder, all Q locations will be closed Monday, May 27th in observance of Memorial Day. As always, you can bank with us 24/7 via #QOnlineBanking, #QMobileBanking or any #QATM. #QNBTrust #QmmunityBank #MemorialDay
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In the financial fourth quarter of the financial year 2024, Yes Bank reported a significant increase in net profit, more than doubling to ₹452 crore, marking a 123% rise year-on-year. This growth was driven by a 2.3% increase in net interest income to ₹2,153 crore from ₹2,105 crore in the same quarter last year. The bank's gross non-performing asset (NPA) also improved to 1.7% from 2.2% in the same quarter last year. Analysts and industry observers have expressed positive reactions to the bank's Q4 results, highlighting the sharp reduction in provisions for bad loans and improvement in asset quality as key factors behind this performance. #YesBank
Our Q4FY24 results demonstrate robust growth and enduring strength. Under the leadership of Mr. Prashant Kumar, Managing Director & CEO, YES BANK, we are advancing confidently, with significant gains in asset quality and deposit growth. Join us as we continue to forge a path towards excellence. #YESBANK #QuarterlySuccess #FinancialExcellence #LifeKoBanaoRich #PoisedForGrowth #Q4 #Q4FY24Results
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As summer wraps up, we are celebrating the second anniversary of Salv Bridge. 🎉 Yet, this milestone is as much about you as it is about us, because the community is at the heart of everything Salv Bridge does and stands for. The journey to this point has been anything but easy. It required time, resources, and dedication. There were streams, stepping stones and boggy bits to cross. But it was all worth it because look at what you have accomplished in the last two years: ‣ Over 15,000 collaborative investigations spanning 3 countries, engaging 250+ crime-fighters. ‣ Secure, auditable correspondences have surpassed 50,000 among crime-fighters, without any incidents or breaches. ‣ On average, it took just 16 minutes to resolve urgent fraud cases. Some were even resolved within 3 minutes – feel free to ask Salv how. 👈 ‣ One of our client banks reports €250,000 in recovered customer funds per month. Today, the Salv Bridge network extends across European cities and countries, and our aspirations reach continents. In the year ahead, you'll witness further expansion across the Nordics, Baltics, and Central Europe, as we are bridging the gap from Estonia to the UK. We are grateful for the continued support of the Future of Financial Intelligence Sharing (FFIS) research programme and Moneyval, who have highlighted Salv Bridge in their reports. A special acknowledgement goes to TerraPay and Currencycloud for their invaluable role in processing RFIs.
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President & CEO at Congressional Federal Credit Union | Certified Futurist | Growth & Transformation Strategist | Adjunct Professor of Strategy, Economics & Leadership
It’s another exciting week for our team! Securityplus Federal Credit Union has been named the TOP ranked credit union in Maryland on Newsweek’s 2024 America's Best Community Banks & Credit Unions list. This recognition reflects our commitment to meeting the evolving needs of our members and the communities we serve through financial education, inclusive access, and exceptional service - and the passion our amazing employees bring to delivering on that every day. We set a bold new vision for the future focused on fostering financial success and resilience, championing financial health, giving back to our communities, and aligning our strategy, culture, and impact to the #future. This honor from Newsweek reaffirms that we're on the right track. Our dedicated employees and volunteers share a passion for #financialhealth and inclusive banking. Together, we're taking bold steps to expand our impact and push the boundaries of excellence. The results speak for themselves. In just our first year of transformation, we set a new vision for the future and clear roadmap how to get there, built a leadership dream team with a shared passion for excellence and the greater good, and achieved historic milestones. We innovated to provide the banking solutions our members need, when and how they need them. We invested in the safety and soundness of our practices. And, created memorable experiences for our members. We're incredibly grateful to our members, partners, employees, and Newsweek for this prestigious ranking. It proves that community-focused institutions like ours can redefine the banking experience. It also reinforces, as we continue to see more industry consolidation and news of (big bank) branch closures, that community-centric financial institutions matter and are essential to the economic vitality of communities, the financial health of individuals, families, and businesses, and future generations. Our roots in #Maryland run deep for more than 85 years, so we understand the needs of our friends and neighbors and are motivated to take continue to take bold step to make #apositivedifference. Thad Egner Jeffrey Gehris Toby Green Brian Holloway, CUCME Obinna Ndukwe, MBA Ray K. Ragan, MPM, CSR, PMP Caitlin Stibitz, MPA, CSME #BestCreditUnions #transformation #culturematters
We are thrilled to announce that Securityplus has achieved the prestigious recognition as one of America's Best Regional Banks and Credit Unions for 2024 by Newsweek - earning the #1 ranking among credit unions in Maryland and #10 ranking overall! This recognition is an incredible honor and a true testament to the trust that our members and communities place in us every day, as well as the hard work and dedication of our amazing team members and volunteers. We're beaming with pride to stand out in the financial services industry on the national level! Read the full press release to learn more about this incredible achievement: https://bit.ly/48GS0uB We are incredibly grateful for our entire Securityplus family, and to Newsweek for recognizing the insurmountable value that credit unions and regional banks have on their communities. #SecurityplusProud #NationalRecognition #IndustryLeadership #BestCreditUnion
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"During your tenure as Chairman of the FDIC, the agency has systematically changed its posture towards innovation, both programmatically and in practice. As noted in our previous letter to you, AFC was supportive of the innovation goals set forth in FDIC’s current strategic plan and the efforts of its FDITech Office. However, over the past two years your agency has deprioritized and defunded these innovation efforts in favor of pursuing policies and activities that stymie innovation and put undue burden on community banks seeking to remain viable through the use of responsible technology. While your agency has not issued public guidance or other statements explicitly admonishing or limiting banks from engaging in partnerships with fintech companies we have identified a distinct 'regulation by enforcement' approach from the FDIC." #FDIC #fintech #innovation #banking #bankregulation
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Miguel Ribeiro da Silva, Director of the Anti-Fraud and Disputes Department at SIBS, attended the event organized by the European Payment Institutions Federation (EPIF), as a participant in the panel discussion on authorized push payment fraud and impersonation fraud, with over 100 participants. 🤝 At SIBS, we are committed to combat payment fraud. With #SIBSPAYWATCH we detect, prevent and neutralize fraud attempts, as well as acting in the recovery process for customers who have been the target of fraud or payment exceptions. Our mission is to be a benchmark for keeping payments safe, simple and reliable, and to avoid the risk of financial loss for all participants in the payments ecosystem. 💳🔐 Thanks to the EPIF for the invitation and for promoting the discussion of such important issues for the payments sector in Europe. #SIBSistrust #SIBSisinnovation #SIBSisexcellence #SIBSisintegrity
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Chief Executive Officer Law Enforcement & Technology FCU (ret). Ambassador, US/UN KMFAP, Sovereign State
#Chime… hear of them? Did you know Consumer Financial Protection Bureau fined them? Bureau issued an order against Chime, Inc. doing business as Sendwave, a nonbank remittance transfer provider. Charges: -Forced consumers to waive their legal protections, -made false promises about the speed and cost of remittance transfers,-Failed to provide required disclosures, -Failed to track, investigate, and resolve errors, -Failed to provide receipts in a timely manner, -Pay $1.5 million into the CFPB victims relief fund, -Refund fees to affected consumers. Aegis FinServ Corp™ helps Consumers free as part of our national outreach program. https://lnkd.in/dB9iak9y
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Product Manager l Digital Transformation l Customer Journey Optimization I Banking / Fintech - Lending & Collections I SaaS - B2B / B2C l Comparison platform l Insurance l Utilities I
Leading the team working to design a brand-new credit card comparison journey feels like an incredible milestone. We set out to create an easy-to-use and transparent journey for Australian consumers, which I think we’ve accomplished. This platform marks an important first step in our foray into a market previously dominated by cost-per-click comparisons. With CIMET, both issuers and customers will experience significant advantages, resulting in better outcomes for all involved. For customers : * Unified portal to compare and apply for Credit Cards (end to end) * Unprecedented transparency throughout their journey to find the perfect credit card for their needs. Meanwhile, for card issuers: * CIMET provides better control over conversion rates and cost per acquisition (CPA), ultimately leading to increased long-term ROI. * By leveraging our partner network, issuers can not only access but target the right audience more effectively. * Banks / financial institution's will receive specific customer applications to match their requirements. Now that product is live, I take the opportunity to invite all banking institutions in Australia to witness this industry-first, market-breaking concept and platform. We believe CIMET sets a new standard for credit card comparison, and we're excited to showcase its capabilities to the entire industry. It’s taken hard work, perseverance, and a knack for problem-solving from each member of the CIMET crew. In particular, I want to personally thank our leadership team at CIMET Pravin Mahajan, Rubal Jain Kunwar Aditya Saxena Raj Jain Ankit Jain Tim Shepherd Harsha Ashok for their trust in me and supporting my decisions. This is only the beginning of what I believe will be a big 2024. It’s exciting to think about what’s to come. Let's continue to innovate, collaborate, and deliver exceptional experiences for our customers! A heartfelt thank you to Community First Bank and its team for believing in our vision and becoming our first partner for this project and we are incredibly grateful for the opportunity to work together. #teamworkmakesthedreamwork #productlaunch #CreditCardComparison Commonwealth BankWestpacNABSt.George BankING 🙏💼
🚀 We’re changing the comparison landscape. Community First Bank has joined the CIMET panel of providers, representing a watershed moment as we launch into credit cards and other financial services. We’ve developed a brand-new, innovative and intuitive platform for credit card comparison to offer everyday Aussies a seamless, transparent journey. This partnership represents an important step as we continue our mission to offer choice, value, and potential savings that promote loyalty from your customers. Visit https://cm8.me/ad7dmku to see our tech in action and speak to our team to explore the potential to host, engage and grow. Ankit Jain, Tim Shepherd, Rubal Jain, Raj Jain, Pravin Mahajan, Harsha Ashok, Kunwar Aditya Saxena, Adarsh Chaubey, Elizabeth K. Matthew Bright, Patrick Rossi, Stephen Henderson, Rachael Rogan-Miner, Charles Lawand, Vipul Sippy (CA, CPA), Xing G. #creditcardapplication #customeracquisition #CIMETCommunity #creditcard #newproductdevelopment
CIMET x Community First Bank
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🏦🔒 Protect Your Deposits: FDIC Coverage Explained Worried about the safety of your deposits? Gain peace of mind with our comprehensive guide on FDIC coverage limits. Learn how your funds are protected in case of a financial institution's uncertainty. 🔗 Get informed: https://hubs.la/Q01-zln90 #DepositProtection #FinancialSecurity #SmartSavings
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Coastal has joined the ranks in the prestigious ‘Bank Honor Roll’ list! KBW, a leading specialist investment bank to the financial services and fintech sectors, recently named Coastal as one of the top 18 U.S. banking institutions to the coveted 2024 KBW Bank Honor Roll. These 18 elite banks were selected to the KBW Bank Honor Roll based on two central criteria: 1. Consistent earnings growth over the past 10 years 2. Or top 5% Earnings Per Share & Growth Rate over the past 10 years. Only two banks, including Coastal, satisfied both criteria! Details here --> https://lnkd.in/gcumJivD #banking #bankinvesting #topbanks #growingbanks #communitybanking #profitability
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Good morning Family. Remember, @OmniBSICGh we are not just your Bank, we are your family and we are here to support you every step of the way. Reach out to us today and let's make progress together. #OmniBSICBank #MondayMotivation #NewWeek #BanksInGhana #BestBankInGhana
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