All Guaranty Bank & Trust locations will be closed in observance of Independence Day on Thursday, July 4th, 2024. Remember you can bank with us online any time at gnty.com! #GNTY
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Corporate Memberships Manager, National Museum of African American Music | Business Consultant | ADP Diverse Market Partner | Business & Community Developer | Impact Initiator | CAO, Privy Nashville
Here’s a quick video I created with Kandace Harris,MBA at Citizens Savings Bank and Trust Company (Member FDIC) in honor of Juneteenth. #information #history #impact #development #purposedrivenbanking #cdfi
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Watch this video for a great example of how City First Bank’s work has a deep impact on the local community. Contact me if you’d like to learn more about how you can be a part of this simply by choosing to bank with us. #cityfirstbank #cdfi #cdba
CDBA members have great impacts on their communities. But why tell you, when we can show you… Featuring: City First Bank #StoryBank #BensChili #CityFirstBank #CDBA #CommunityDevelopment
Ben's Chili Bowl
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I go in-depth on why the FDIC’s putative end to TBTF instead hikes moral hazard, speeds runs. Will depositors really know the difference between SPOE and MPOE? The FDIC thinks so. Why? And, most of the planks on which the FDIC posits an end to TBTF for giant banks don’t apply to systemic nonbanks even though the FDIC says it can shutter them too thanks to all these regs. Will foreign governments play as much ball as the FDIC expects or, more likely, run to raise ring fences? #FDIC, #TBTF, #nonbanks, #systemicnonbanks, #banks, #bailouts
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In a bold move, CBN sacks CEOs and boards of Union Bank, Polaris Bank, and Keystone Bank over non-compliance. Stay informed on FCT-IRS's ultimatum for annual returns, SEC's crackdown on fraudulent schemes, and NGX sanctions on Multi-Trex and Infinity Trust Mortgage. Trust Compliance Tracker for your weekly regulatory insights. 📈 #RegulatoryCompliance #CBN #SEC #NGX #CorporateGovernance #FinancialNews
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YTN Classified them as follows: 1.Very Very Large 2.Very Large 3.Large 4.High Medium 5.Low Medium 6.Small Classify in three is not fair at all!
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In a decisive move to safeguard depositors and stabilize the regional banking sector, the FDIC has seized Republic First Bancorp, a Philadelphia-based lender struggling with financial instability. The bank's operations, including all assets and $4Bn in deposits, have been transferred to Fulton Bank. This transition, costing the FDIC's fund an estimated $667Mn, nearly doubles Fulton's footprint in Philadelphia, signaling a bold step towards greater regional stability. As Republic Bank's branches prepare to reopen under Fulton’s name, this pivotal action underscores the ongoing challenges and regulatory responses shaping the U.S. banking industry's future. #republicbank #FDCI #qf #quantumfinserv #follow
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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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The RBA released its Financial Stability Assessment last week. The Assessment states in relation to Non-Bank Financial Institutions, inter alia: "While the overall risks in the Australian NBFI sector appear to be contained, data gaps (including in relation to CRE activities) prevent the identification of potential vulnerabilities in less-regulated NBFIs. As a result, member agencies of the Council of Financial Regulators continue to pursue work aimed at strengthening the visibility and monitoring of NBFIs’ activities in Australia". These "data gaps" represent a significant concern as it suggests that regulators may be flying blind. The RBA should be more transparent about the "data gaps" and about regulators' actions to close the gaps. #RBA #CouncilofFinancialRegulators #FinancialStability #EconomicStability #NBFI
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It's great to see that the consumer was fully protected during the recent regional banking instability with the largest lenders picking up the tab. Bank of America contributed $2.1b to replenish the FDIC reserves. #SVB #FirstRepublic #Bailout #FDIC #Banking #WealthManagement https://lnkd.in/g-bWNQiX
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Circulation & Distribution expert / Media Consultant/ writer/ Contributing Writer at Newz Post/ Researcher/ M arketing
#Dfcu: build-up of failed banks? Dfcu Bank has been the sole acquirer of all failed banks; in 2014 the bank acquired the failed GTB. The GTB had acquired the vague CMF from Bitature & associates. The same dfcu acquired failed Crane bank which had acquired the failed National Bank of Commerce. Acquiring failed bank is at best intellectual indolence to engage in innovation and at worst chasing the wind….read more… https://lnkd.in/gWwdpis
dfcu Bank; build-up of failed banks?
http://newz.ug
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