Treopia Cannon

❤️💰 Become a part of our flourishing community and unlock financial wellness with SoFi's innovative credit score tracker and a wide range of tailored services. Experience the love and transform your financial journey today! Check out here for more: https://buff.ly/4bUpcRD . . . #SoFi #socialfinance #financialfuture #maximizemoney #smartinvesting #financialsolution #budgetingapp #financialstress #creditcards #budgetingtips #moneymanagement #smartspending #budgeting101 #smartinvesting #savingplan #SoFiapp #financialapp #budgetingapp #savingaccount

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After five decades, @libertybankandtrust has approximately $965 million in assets and branches in 11 states making it one of the largest African American-owned financial institutions in the United States. It is an honor to partner with them to provide them across various state lines with - HR compliance, learning & development, people analytics, strategic consulting, organizational planning, time & attendance, recruiting and so much more. Learn more here: http://bit.ly/3KliDuH #InsperityClient #HRThatMakesaDifference

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Considering Joining a Nonprofit Board? If you're thinking about joining a nonprofit board, it's important to be aware of the 'give/get' policy for the organization. This common practice requires board members to either donate a certain dollar amount or raise those funds to support the organization. It's a great way to ensure financial stability and foster deeper engagement. Before joining, consider if you're comfortable and able to meet this financial commitment. Joining a board of an organization whose mission you connect with is truly a rewarding experience that allows you to make a significant impact. You are more ready to join than you think! #Five Star Bank - California #community #nonprofit #nonprofitboard #communityimpact #philanthropy #leadership #missiondriven

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Black-owned businesses are vital to their communities, but they face systemic barriers on their path to reach their professional and business goals. In honor of #Juneteenth, we’re highlighting tools, tips, and stories that can help Black entrepreneurs grow their businesses: https://bit.ly/3zozTwU

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I was DELIGHTED to attend the second annual Black Economic Alliance (BEA) Solutions Summit (the "BEA Solutions Summit") yesterday! The Black Economic Alliance is a non-partisan alliance of Black business leaders and allies focused on driving economic progress for the Black community through public policy, advocacy and engagement with government and business leaders. The BEA Solutions Summit underscored the importance of ACTION in critical areas such as housing, entrepreneurship, jobs, and workforce development. The discussions emphasized the need to transform Black economic opportunity from the EXCEPTION into the NORM. The speakers provided a wealth of INSIGHT, shedding light on ACTIONABLE strategies for promoting economic GROWTH within the Black community! The event featured DISTINGUISHED speakers including: #EricHolder, former United States Attorney General, #LetitiaJames, New York State Attorney General; MARC MORIAL, President and CEO, National Urban League; our very own -- Deloitte Chief Purpose and DEI Officer, Kwasi Mitchell; and many, many other OUTSTANDING LEADERS. The summit also featured Vice President #KamalaHarris in a special video message to the attendees. Additionally, the Summit served as a forum to address the ongoing discussions on corporate racial diversity initiatives. The dialogue revolved around the COLLECTIVE role we ALL play in REINFORCING the IMPORTANCE of diversity, equity and inclusion in EVERY business strategy. As we move forward, the insights from the BEA Solutions Summit will undoubtedly play a pivotal role in shaping our strategies. The conversations were both COMPELLING and INSPIRING, REAFFIRMING the necessity and the urgency of the work ahead. I extend my HEARTIEST congratulations to Samantha Tweedy, CEO, Black Economic Alliance and the entire Black Economic Alliance team on organizing yet another OUTSTANDING event!! #BlackEconomicAlliance #BEA #SolutionsSummit #Deloitte #TeamNewYork

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Reflecting on the profound impact of the pandemic on small businesses, Shauniece Wallace's journey exemplifies resilience and adaptation in the face of adversity. However, through initiatives like the Open for Business Fund from @Wells Fargo, she found a lifeline, enabling her not only to weather the storm but to thrive. There's a glimmer of hope seen in the significant growth of Black/African American women's small businesses, as highlighted in the 2024 Impact of Women-Owned Businesses report. #SmallBusiness #DiversityandInclusion #Entrepreneurship #blackwomen

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Is #networklending a new concept for you? Then you don't want to miss this webinar explaining how it can help your #creditunion now. Network lending not only ensures financial institutions can adapt dynamically to market needs but also facilitates operational efficiency which lowers your cost of acquisition and increases share of wallet. At its core, network lending embodies the spirit of #cooperation and #innovation, driving sustainable growth and fostering stronger connections.

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The financial needs of nonprofit organizations are unique, so it is important to choose a bank who understands this. Certainly, the basic factors will almost always include the fit of the products and services offered as well as potentially the convenience of the branch locations. Additional questions to consider in narrowing down to your final selection can be the level of experience the bank has in working with nonprofits, the level of trust you are able to build with your prospective banker, and the degree you feel the bank is able to partner to help you further your mission. Let's have a conversation about your nonprofit organization and what you are trying to accomplish in our community!

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We are thrilled to share an array of exciting grant opportunities specifically designed to empower women veteran entrepreneurs and other small business owners across various sectors. 🎓 SBA Grants: Up to $300,000 for businesses/nonprofits training women veterans. Deadline: March 21. 📦 FedEx Grants: More than $230,000 in grants/services, with a $50,000 grand prize for small businesses. Deadline: April 1. 💼 Houston Equity Fund: $3 million from Wells Fargo for small businesses/nonprofits with diverse leadership. Applications open: March 12. 🏢 Erie County Start-Up Grant: Symposium and grant for startups on March 23. Registration required. ☕ Honeycomb Credit Grant: $2,000 for a coffee shop, roaster, or bakery. Deadline: March 31. 🌱 University of Louisiana Lafayette Program: USDA-funded program for rural small businesses in Louisiana to adopt energy efficiency. At Strategy Leaders, we're passionate about helping small business owners and entrepreneurs find the resources they need to succeed. These grants represent just a fraction of the opportunities available to drive growth, innovation, and sustainability in businesses nationwide. For those looking to elevate their enterprise, exploring these grants could be a game-changing step. For more detailed instructions: https://lnkd.in/gKZP9v2j #smallbusiness #womanowned #veteranentrepreneurs #grants #usa

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Serving Members to be Financially Resilient The question every credit union executive must ask is, "Is the sales-through-service culture helping our members become financially fit and resilient?" There is an alternative, "Service as an Act of Stewardship." This culture meets the credit union's financial sustainability goals while fulfilling the mission of helping every member achieve financial fitness and resilience.  Read more here: https://lnkd.in/g6WPGx6D

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This week, on Nick & Chris Wednesdays, Nick Wodogaza, CUDE, and I continued our conversation about succession planning and leadership changes. Our discussion centered around these questions: Retirements, in most cases, are not unexpected. Irrespective of the credit union's size, the reality that leaders have a finite tenure is a fundamental aspect of succession planning. What tips do you have when developing a succession plan? How do you prepare for the next generation of leaders to take over? #successionplanning #leadership #creditunions #plantosucceed #strategy #cantworkforever #strategicplanning #mindthegap

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Financial literacy is a vital skill for Black farmers and ranchers. Understanding money management and investment strategies can lead to long-term success and stability. Explore essential tips to enhance your financial knowledge and build wealth. 🌱💵 #FinancialLiteracy #BlackFarmers #EconomicEmpowerment #WealthBuilding https://lnkd.in/edHirvvu

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On this episode of #YahwehsMoney, we talk about how engaging in 'money dates' with your partner & God can bring wisdom to your financial decisions, and how a spirit of giving not only aligns with our faith but brings abundant blessings and a fresh outlook on life. Check out this episode here: bit.ly/Yahwehs_Money #faithandfinance #womenledpodcast #financepodcast #podcast #financialhealth #financelessons #financialmanagement #financialsecurity #inspiration

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How can we promote staff development in credit unions? This recent The article shares the benefits  of offering professional development opportunities to credit union staff, which is spot-on, and here are a few thoughts that resonated with me: 1. Attracting and Retaining Talent: Recruitment and retention are top challenges, and professional development can be a game-changer. Offering growth opportunities sets credit unions apart and keeps motivated employees engaged and loyal. 2. Future-Proofing Through Learning: The financial landscape is evolving rapidly with technological advancements. Bridging the skills gap through professional development ensures our teams stay competent, confident, and aligned with member expectations. 3. Culture and Succession Planning: Professional development isn't just about job performance—it's about nurturing a strong credit union culture and preparing future leaders. Smooth transitions and minimal disruptions are key to sustained success. Encouraging knowledge sharing, implementing mentorship programs, and embracing innovative learning approaches are steps in the right direction. Let's invest in our people today for a brighter, more resilient credit union tomorrow. #CreditUnionInsights #CreditUnionLeadership #Leadership

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Although fraud may not be top of mind for every business owner, it’s something to think about and ensure your organization stays safe in the event of an attack. Texas Capital offers a wide range of Fraud Protection solutions from ACH and Check Positive Pay to Check and ACH Debit Blocks. Connect with me to learn more about how our team can keep your business safe.

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Do you have a cost-effective way to acquire machinery if your business needs new equipment to meet customer demand? Read the latest Texas Gulf Bank blog to learn why SBA loans through our bank may be the ideal financial tool to help fuel growth and secure the equipment needed for long-term success. All Loans Subject To Credit Approval MEMBER FDIC *By clicking the links and/or hashtags below, you may go to a page or website not affiliated with Texas Gulf Bank, N.A. This site/page does not share our stated Privacy Policy and may not offer the same level of security. We do not guarantee the accuracy of the information, monitor the content on this site/page, or endorse any products provided or organizations it represents/promotes. https://lnkd.in/ggsqNJ7f #EquipmentLoans #EquipmentFinancing #BusinessLoans #SBALoans #SBAFinancing #BankLocal

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In a recent release, KBRA provides an insightful review of manufactured home communities (MHCs), highlighting their affordability, performance trends, and credit characteristics. This research comes at a time when MHCs are increasingly gaining attention as a viable affordable housing option, particularly as families face escalating single-family home prices and rising multifamily rents over multiple years. MHCs operate primarily as a land lease business, renting home pads to owners of prefabricated homes. Due to higher demand, MHCs have seen rising rents and occupancies. Despite being a small segment of the U.S. housing market, accounting for 6.4% according to the Census Bureau, MHCs are crucial. The Manufactured Housing Institute reports over 43,000 MHCs in the U.S., with almost 4.3 million homesites. Key Takeaways: Affordability Comparison: The Census Bureau indicates the average price for a manufactured home is $121,300, significantly lower than the $487,300 average price for a single-family home. Cost of Ownership: The average monthly cost to own a manufactured home is $1,317, compared to $2,188 for a single-family home, demonstrating substantial savings for homeowners. Zoning Regulations: A major barrier to MHC growth is local zoning regulations, which often limit the development and expansion of these communities. Increasing Demand: Demand for MHCs is rising, as evidenced by a 7.3% year-over-year (YoY) growth rate in average monthly MHC rents in 2023, the largest annual increase in the past two decades. In contrast, multifamily rents saw a 1.6% YoY decline in 2023, following two years of 23% YoY gains. Occupancy Rates: Average MHC occupancy for 2023 was 94.7%, comparable to multifamily occupancy rates, which stood at 94.5%. Securitization Trends: Between 2017 and 2023, $10.1 billion worth of MHCs were securitized, encompassing 1,384 MHC properties through Freddie Mac and conduit transactions. Credit Performance: The strong credit performance of MHCs is highlighted by a low aggregate Freddie Mac and conduit MHC delinquency rate of 0.32%, compared to 1.35% for multifamily properties. Historical Default Rates: Over a longer period, MHC loans have shown favorable credit performance, with a cumulative default rate of 8.1%, significantly lower than the 13.8% default rate for multifamily loans, as per KBRA’s November 2021 Conduit CMBS Default and Loss Study. As families continue to seek affordable housing options amidst rising costs in other segments, MHCs represent a critical component of the housing market. Their affordability, strong credit performance, and increasing demand underscore the importance of these communities in addressing the nation’s housing needs. #ManufacturedHousing #AffordableHousing #RealEstate #HousingMarket #MHC #HomeOwnership #RealEstateTrends #HousingAffordability #PropertyInvestment #CommercialRealEstate #KBRA https://lnkd.in/er4HJtY4

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Tracy is so talented at explaining complicated processes- check out this class if you want to learn more about the Call Report!

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