First National Bank的动态

With over 27 years in the credit union system, Jeanette brings incredible dedication and expertise to her role, leading a team that provides members with personalized investment and wealth management advice. Here’s a bit more about her: 1. What inspired your career in Wealth Management? "From the beginning of my Credit Union career, I found wealth management intriguing and felt it could be a career I would enjoy. Encouraged by one of my leaders, I pursued this path, and it has proven to be the perfect fit for me." 2. A proud financial milestone? "I've fully paid off the mortgage on my home!" 3. Your top advice for achieving financial wellness? "Identify what matters most to you, whether it’s travel, home ownership, or building a business. Make it your goal, work toward it, and remember to give yourself grace along the way." Learn more about Jeanette: https://ow.ly/knhF50U1ouC #Wealth #Aviso #financialwellness

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Professor Shelby asserts "Yet, as one digs deeper in exploring the origins of this crisis, a different picture emerges that is unmistakably connected with race and racism. Subprime mortgages with higher fees and interest rates were disproportionately sold to Black people and members of other underrepresented communities, which initially incentivized the speculative housing bubble that introduced excessive leverage into the financial system. Prior racist practices such as redlining, restrictive racial covenants, and other forms of housing discrimination made these communities an easy target for unscrupulous lenders looking to sell the American dream of home ownership on highly unfavorable terms. Even worse, mortgage lenders would frequently engage in predatory lending practices by selling subprime mortgages to Black people who were eligible for more favorable prime loan counterparts. Such homeowners faced higher default rates, and countless ended up foreclosing on their homes across the duration of the financial crisis. Even as the systemic risk associated with the crisis started to decline, Black communities suffered the most in terms of unemployment rates and poverty levels. Regulatory relief did little to rectify these disproportionate and long-term harms."

We know Community Banks work hard in the communities we live in, that hard work shows through our clients satisfication. According to the?Federal Reserve’s Small Business Credit Survey: Report on Employer Firms, community banks are the small business lender of choice. 81% of community bank loan applicants were satisfied with their experience, compared with 68% at large banks, 62% at finance companies, and 48% at online lenders. Community banks’ net satisfaction score of 77% topped large banks by 15 points, finance companies by 25 points, and online lenders by 48 points. [email protected] arborbanking.com

Our story began in a place called Wynne in the Arkansas Delta. In 1891, a group of Northeast Arkansas businessmen gathered at the old Commercial Hotel to chat about the day’s events. It was there that they first discussed the need for a bank in their small town of just one thousand people. Under the leadership of Isaac Block, a planter who owned a large amount of valuable land just outside Wynne, this discussion amongst businessmen was transformed into an actionable plan to create a bank. In May of 1891, 31 individuals committed to invest $30,000, and applied to charter Cross County Bank in the State of Arkansas. The application was approved and the charter (#25) was granted on June 5, 1891. This was a historic event as it was only the second bank to be established in all of Eastern Arkansas. After receiving the charter, the men purchased some land and began construction on Cross County Bank. The $5,042.63 price tag of the original bank building, located at the corner of Front and Union, was expensive for 1891. It was a tremendous investment, especially considering the bank only profited $156.57 in its first year of business. This small figure could have been demoralizing, however, it wasn't long before the need for a local bank became evident. In its second year, Cross County Bank’s net income grew to $52,666! In 2005, the bank expanded into Jonesboro as “First Commercial Bank,” the first branch outside of Cross County. It then acquired full-service branches in Brinkley, Manila, Monette, Osceola, and Blytheville. In 2022, a new chapter began. Having a bank with two distinct brand names was problematic for both customers and employees, so the decision was made to unify the brand under a new name—Cross Bank. This decision served the bank’s shareholders, customers, team members, and communities by sharing the 131-year legacy and unifying the customer's banking experience in all nine communities. #mycrossbank #communitybank #heritagebrand #heritage #arkansasdelta #arkansasbank #communitymatters #crossbankcares Member FDIC | Equal Housing Lender

On #BlackHistoryMonth and beyond, we celebrate the remarkable contributions of African Americans to American society, including their achievements toward meaningful change, diversity and inclusivity. Join us in honoring the role of GABV member banks that consistently promote values-based practices, diversity and inclusivity in the USA! ? City First Bank, the largest Black-owned Bank in America, focuses on social impact banking and supporting underserved communities. “Economic injustice is at the root of racial injustice. That’s why the work of MDIs and community deposit financial institutions are more important than ever”, explains Brian Argrett, CEO of City First Bank. ? As the President and CEO of Amalgamated Bank, New York, Priscilla Sims Brown prioritizes providing affordable access to the banking system, supporting sustainability, social justice causes, and championing workers' rights. ? Tonita Webb, DBA, CCE, CUDE, SPHR, CEO of Verity Credit Union, Seattle, is the first woman and the first member of the BIPOC community to lead the credit union.?Since Webb became CEO two years ago, Verity has surpassed 40,000 members for the first time in the credit union's history. ? In 2023, Southern Bancorp, under the leadership of CEO, Darrin Williams, built an expanded mortgage division to help deliver the opportunity of homeownership, with a particular focus on Black and Hispanic prospective homebuyers. These are only a few examples of how some values-based banks in North America advocate and support African American Communities in particular, and Diversity, Equity and Inclusion in general. Learn more about these impactful stories and others here: https://lnkd.in/e4z--euv

Mentoring and Succesion Planning is a sign of excellent leadership

Had an eye-opening networking session today with the incredible Jessicia Myers and Sara Butch from First Federal Bank of Kansas City! ???? In the credit union world, we often talk about our "people helping people" philosophy. Today, I discovered that community banks, particularly First Federal Bank of KC, are driven by the same spirit! Key takeaways: - First Federal Bank is run by a board of directors, not shareholders - aligning their focus squarely on community needs. - The parallels between credit unions and community banks in prioritizing people over profits was interesting. - We found common ground not just in finance, but in our personal lives too - swapping stories about kids and sports! Jessicia and Sara, thank you for this enriching exchange. It's heartening to see that whether in credit unions or community banks, the core mission of serving people and communities remains strong. To my network: Have you experienced similar "aha moments" when networking outside your immediate industry? The insights can be game-changing! Learning the 90% - People of All Colors Succeed (POAC Succeed) #CommunityBanking #CreditUnions #NetworkingInsights #PeopleHelpingPeople Jamie Grayson

I’ve never been shy about my passion for credit unions, and with 25 years in the industry—starting as a Teller and eventually becoming a CEO (picture is one of my last photo ops as CEO) —it’s something I’ll always champion. So, I’m proud but not surprised to see credit unions leading the charge in supporting their communities right now, as many people face the devastation left behind by Hurricanes Helene and Milton in just a span of three weeks. The impact of these storms has created many financial challenges—from property damage to lost wages, to small businesses being forced to close their doors temporarily or permanently. After doing some research, I can tell you that most credit unions are offering much-needed relief: from new loans with favorable terms for repairs and replacements, to deferred payments on existing loans—and much more. If you’re feeling the financial effects of these disasters, I’m happy to serve as a resource. Whether you have questions about what options might be best for you or need help navigating what’s available at your local credit union, don’t hesitate to reach out. #TampaStrong #peoplehelpingpeople #financialcoach #financialadvice #CreditUnionStrong #creditunions

In 1984, the world was in the throes of the Cold War and movies like "Ghostbusters" and "Indiana Jones and the Temple of Doom" were box office hits. It was also the year Stan Sayler started his career with Security Bank of Hebron, serving the communities of Hebron and Taylor. The banking industry in 1984 was vastly different from what it is today. The prime interest rate in the United States was a staggering 10.75% with a 30-year fixed mortgage around 13.88%, figures that seems almost unimaginable today. Since 1984, the banking industry has significantly changed, including the rise of online banking, mobile payments, and the implementation of stricter regulations. Stan has been instrumental in navigating Dakota Community Bank & Trust through these seismic shifts and storms for the past 40 years. Today, Dakota Community Bank & Trust operates 13 branches and employs over 200 employees. This growth and success would not have been possible without Stan's unwavering commitment to the bank. Today, we acknowledge his significant contributions and thank him for his years of experience and leadership. Cheers to 40 years of success and headaches!