Foothills Bank - Division of Glacier Bank’s Post

📜🏦🕰️ This week, I kicked off a series of workshops with the attached icebreaker presentation - A Brief History of the Bank of England, HM Land Registry, Money, and Titles. Those who have enjoyed the market history parts of my newsletter might enjoy this presentation! 💷📚 If you're not subscribed to the Digital Property Market newsletter yet, subscribe for more insights and updates. ✉️🔍 #BankOfEngland #LandRegistry #HistoryOfMoney #TitleDeeds #FinanceHistory #SlideDeckShare

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.

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

We enjoyed being a part of the Wyoming Bankers Association Lenders Conference last week! Our own Kevin Thompson spoke about the everchanging landscape of credit data. Would you like to know which of your customers have high financial durability, additional credit capacity, and significant spending power? We can help you leverage powerful Equifax insights to better understand your customers and reach them with relevant, timely offers! #wyomingbankers

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

2023 was an important inflection point for New York Community Bancorp, Inc. as we built on the momentum created by the acquisition of Flagstar Bank, added complementary assets and liabilities from Signature Bank, and continued to successfully execute our transformation strategy, while establishing a clear path for future growth. Our fourth quarter and full year 2023 financial results released today reflect a series of decisive actions we took to strengthen our balance sheet and risk management processes to better align ourselves to our new, larger bank peers. We are confident the actions we are taking now will position us well for long-term success and value creation as we continue our transition to a $100 billion-plus bank. With our outstanding portfolio and asset quality metrics, conservative underwriting, and a proven track record across business cycles, we are well positioned to navigate our growth and development as we continue to deliver for our clients, customers, and communities. https://lnkd.in/dhv5k8mw

"I don't want to bank with a community bank or credit union because they can't offer what the big banks offer." This is not true. As a community financial institution, you know the value you can add to your community. Your customers aren't just a number. We hear the same things. Being a privately-held, boutique broker dealer that focuses only on community financial institutions, there is a perception that advisors can't be successful due to fewer bells and whistles compared to the large, publicly-traded broker dealers. Not true! Our partner institutions are truly partners and we care about the success of the advisors AND the financial intuitions and provide the support and the resources they need! #ExpectMore #MidwesternSecurities #CULeadership #CommunityBanking

Picture this: a blemish on your credit report that you didn't even make. Frustrating, right? But here's the good news – you've got a league of credit heroes ready to jump into action and scrub those errors clean! 🦸♂️✨ At Key Credit Repair, we're not just experts; we're your financial allies, your credit score's guardians. We dive into the nitty-gritty, challenge inaccuracies, and fight to restore your credit's honor. It's what we do – and we're darn good at it! 🛡️🏅 So, why battle alone when you can have a squad of credit gurus by your side? It's time for those errors to meet their match. 💥📜 Join forces with us! Visit keycreditrepair.com, and let's tag-team our way to a pristine credit report. Together, we're unstoppable! 🤝💪 #CreditSquad #ReportRescue #ErrorBusters #CreditHeroes #KeyCreditRepair #FinancialAllies #CreditGuardians #UnblemishYourCredit #TeamworkMakesTheDreamWork #CreditVictory