?? **Time for Change in Florida's Banking Sector!** ?? After countless attempts to engage with Florida Community Bank, we've been met with silence, with a voice message promising a call back... in a year! Here we are in October, still waiting for support that never comes. It's crystal clear: Florida's community banks are falling short of their promise to uplift and empower the communities they serve. This isn't just an inconvenience; it's a disservice to those who rely on these institutions for support. That's why we've taken matters into our own hands. We are proud to announce the creation of the Veterans World Bank and Credit Union—a bold step toward creating a banking solution that prioritizes community and veteran needs. All community banks must be thoroughly investigated, starting with BBIF, to ensure they are fulfilling their commitment to the communities they claim to serve. Together, let's make some noise and demand accountability! ?? Join us in our mission to reshape the financial landscape for all Floridians. Because someone needs to stand up against the status quo! #BankingForThePeople #VeteransWorldBank #CommunitySupport #AccountabilityNow
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?? Modern slavery survivors need support from more financial institutions??? ?? In a recent opinion article published in?American Banker, Financial Sector Lead?Maha Khan?and Vulnerable Populations Lead?Leona Vaughn, PhD for FAST, alongside Sarah Dohoney Byrne of Moore & Van Allen, advocate for an expanded commitment from the financial sector to enhancing their financial inclusion programming for survivors of modern slavery.? ? Three in every 1,000 people in the United States live in conditions of modern slavery (including forced labor and human trafficking). Recognizing the financial exploitation experienced by survivors, federal financial regulators now identify human trafficking as a significant threat to the nation's financial sector.? ??? The FAST initiative at UNU-CPR is working to increase and improve financial inclusion for survivors. So far, more than 3,000 survivor bank accounts have been opened as a result of UNU-CPR's direct partnerships with 14 banks as part of the Survivor Inclusion Initiative (SII). To carry this momentum forward, more financial institutions need to address the exclusion that survivors face and explore how they can expand their offers to further enhance survivors' financial health and support networks.? ?? Read the article here:?https://lnkd.in/eETFBpgP #modernslavery?#humantrafficking?#finance Wells Fargo?Bank of America?U.S. Bank?Ally?Truist
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??? Great perspectives on how broader access to #FasterPayments for #FinancialInclusion could reduce the fees paid by households living paycheck-to-paycheck Federal Reserve Bank of Boston Federal Reserve Bank of Kansas City Financial Health Network U.S. Faster Payments Council #FedNow #RTP #Payments #Financialinclusion
Boston Fed asks: Can faster access to their own money benefit lower-income communities?
bostonfed.org
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?? Modern slavery survivors need support from more financial institutions??? ?? In a recent opinion article published in American Banker, Financial Sector Lead Maha Khan and Vulnerable Populations Lead Leona Vaughn, PhD, representing UNU-CPR's Finance Against Slavery & Trafficking (FAST) initiative, alongside Sarah Dohoney Byrne of Moore & Van Allen, advocate for an expanded commitment from the financial sector to enhancing their financial inclusion programming for survivors of modern slavery.? ? Three in every 1,000 people in the United States live in conditions of modern slavery (including forced labor and human trafficking). Recognizing the financial exploitation experienced by survivors, federal financial regulators now identify human trafficking as a significant threat to the nation's financial sector.? ??? The FAST initiative at UNU-CPR is working to increase and improve financial inclusion for survivors. So far, more than 3,000 survivor bank accounts have been opened as a result of UNU-CPR's direct partnerships with 14 banks as part of the Survivor Inclusion Initiative (SII). To carry this momentum forward, more financial institutions need to address the exclusion that survivors face and explore how they can expand their offers to further enhance survivors' financial health and support networks.? ?? Read the article here: https://lnkd.in/eETFBpgP #modernslavery #humantrafficking #finance Wells Fargo Bank of America U.S. Bank Ally Truist
Modern slavery survivors need support from more financial institutions
americanbanker.com
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We feel the same, Christopher Williston VI, CAE. Kudos to The Baker Group and IBAT. Very comforting to see such strong passion, leadership and commitment to the future of our vital community banks. #communitybanking #regionalbanking #IBAT #visibility #strategicvisibility #communitybank #risk #finance #fintech #opportunities #riskmanagement #ERM #ECRM #engagement #banking #CFO #enterpriseriskmanagement #CECL #credit #creditrisk #creditriskmanagement #CRO #compliancerisk #compliance?
The Baker Group Is Committed to Community Banks https://lnkd.in/gs5R9vpW The Baker Group remains committed to supporting community banks, the banking associations that advocate for them, and our shared mission of strengthening local communities across America. We are customer focused and industry responsive, providing honest and insightful guidance through strategic balance sheet and investment solutions...see more #DaleSheller #Article #MarketTrends #thebakergroup #thebakergrouplp
News - The Baker Group LP
https://www.gobaker.com
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???? **A Call to Action from the US and Latin Veterans International Chamber of Commerce!** ???? We are committed to elevating our community banks to the standards we expect and need. While it’s clear that many community banks are falling short—including some of those right here in Florida—we won’t stand by while they miss the mark. ?? **Time to Step Up or Step Aside!** ?? As community banks have a vital role in our economy, we demand accountability, transparency, and above all, action. The communities we serve deserve banks that invest in them wholeheartedly—no more excuses, no more nonsense. If you’re not ready to fulfill your purpose, it may be time for you to reconsider your place in our communities. As echoed by Vice President Kamala Harris, “President Biden and I are fighting to build a nation in which every person, no matter where they start, has an opportunity to succeed and thrive. Community banks are essential to that goal.” We urge the Florida community banks, including the BBIF, to take these words seriously. Use the resources made available through the Emergency Capital Investment Program to provide the support our communities desperately need! ?? **Enough is Enough!** Take action, show up for your communities, and if you can't—step aside! Together, we will ensure that our community banks reflect the strength and resilience of our communities. ?????? #CommunityBanks #Accountability #VeteransChamber #InvestInCommunities #ECIP #BidenHarrisAdministration #CommunityDevelopment #FloridaBanking #NoMoreExcuses
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Since 2009, City National Bank of Florida (CNB) has expanded from $2 billion to over $26 billion in assets, marking a transformative period of growth. With a strong foundation and best-in-class talent, we’re poised for continued expansion across Florida. As part of our commitment to personalized service, we’re increasing our team by 20% over the next two years, investing in local expertise and technology, and growing our presence in Palm Beach County, Tampa, and Orlando. We're also expanding services in capital markets and small business banking to offer clients the best of both worlds—big-bank resources with a community-centered touch. “We plan to add 200 team members in the next two years," says CEO Jorge Gonzalez, "to ensure clients have access to local decision-makers and our deep understanding of their businesses.” CNB bridges the gap between large and small banks in Florida—an essential part of our formula for success. Read the full report: https://lnkd.in/eWscePex CNBFL Member FDIC
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>>This post by Shabeer Ahmed is the best kind of publicity that a bank could hope for, far more impactful than any advertisement in the media. >>Here is a real life case of a commercial bank helping rural communities to escape from the clutches of moneylenders and move up the income ladder. >>This is the kind of empowerment and inclusive policies that commercial banks can do to promote economic development in India. #moneylenders #credit #rural #fishers #india Souvik Roy Shalini Warrier Indraneel Pandit, FRM Sanjesh Kumar Dr. Tejaswini Mulay (She/Her)
At Federal Bank, we believe in the power of partnerships and the potential of every community to rise above challenges. While binging the much needed banking services to Fisherman communities, Federal Bank became an ocean of hope for the thousands that call Nagercoil’s coasts their home. #FederalBank #PerfectBankingPartner #Nagercoil #FinancialInclusion Mano Thangaraj
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Community Banking Week is the perfect time to highlight the important contributions community banks make not only to their local economies, but to the nation’s economy, as well. There is no better time than now for local businesses and consumers to do business with a community bank. Not only do community banks offer the same products and services as larger institutions, but they are home-grown and home-raised companies that are deeply integrated into the fabric of their local hometowns. Community bankers have earned our customers’ appreciation for the common-sense approach we take to doing business with our neighbors and understanding our local community. The decision-makers at community banks are your neighbors. They are the means to the financial end for their customers, which include small businesses and agricultural customers. Community banks’ special niche is serving the needs of local families, businesses and farmers. Unlike larger banks that may take deposits in one state and lend in others, community banks channel loans to the neighborhoods where their customers live and work, helping to keep local communities vibrant and growing. ??Thank you to everyone who has helped to make us a vital part of this area’s growth and prosperity. You have given us reason to celebrate Illinois Community Banking Week! #CommunityBankingWeek
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Custom tailored solutions for you and your family's business, delivered by local decision makers, powered by local funding from depositors right here in Michigan. If you are serious about taking your business to the next level, we can seriously help. #BetterThinkingBanking
It's Community Banking Week, and we're thrilled to celebrate with you! ???? As we embark on this week-long celebration, we want to take a moment to highlight what makes banking with a TRUE community bank like ours so special. Check out the attached for the top 5 reasons why Bank Michigan stands out from the crowd! Visit BankMichigan.bank to learn more. Member FDIC #CommunityBankingWeek #BankLocal #SupportLocal #BankMichigan #MichiganBanking #MichiganBusiness #CommunityBanking
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The Durbin-Marshall Credit Card Bill threatens community banks and credit unions, forcing disruptive and costly changes to America’s payment system. If passed, millions could lose access to credit, leaving communities with fewer options and higher costs. Learn more about the devastating impact of the Durbin-Marshall Bill: https://lnkd.in/e4RGH7bi
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**Time to Face the Music: BBIF Needs to Step Up or Step Aside**
US and Latin Veterans International Chamber of Commerce 1 个月 -
As veterans, we may face struggles but never falter or surrender.
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