Idaho First Bank’s Post

In our final post on the Road to Financial Responsibility, we are focusing on High School. High School is an exciting time, with lots of changes and financial decisions to consider. The tips below are some great ways you can help prepare your child for adulthood. All tips courtesy of the American Bankers Association. #peoplefirst #communityfirst #financetips Member FDIC & Equal Housing Lender

Did you know that over 20% of Americans do not have emergency savings? Building savings takes time, and you have to start somewhere. Here are a few tips to follow if you're just starting out! Member FDIC Equal Housing Lender

MassHousing Chrystal Kornegay Partnership for Financial Equity Veteran Housing Corp applauds all efforts to build affordable housing but would challenge the US Congress and every local, state, and federal housing agency or affordable housing developer to do better in 2024 and beyond. Veteran Housing Corp demands permanent affordability for all projects receiving government funding, subsidies, tax credits, or other incentives! Veteran Housing Corp demands transparency and every local, state, and federal government agency and other stakeholders MUST provide answers to questions about the housing projects that are built with government funding, subsidies, tax credits, or incentives, including the following: 1. How much funding, federal tax credits, or government benefits or incentives from all government sources did the projects receive? 2. What is the affordability period for each project? 3. What guarantees exist that tenants will not be displaced after the "affordability period expires? Every local, state, and federal housing authority and affordable or workforce housing stakeholder should adopt the State of Vermont's "permanent affordability" policy as a model for all future government funded or subsidized housing projects or developments, no exceptions!  https://lnkd.in/eFEUC8c8 MassHousing @Crystal Additionally, local, state and federal housing agencies should look to the Helsinki, FINLAND MODEL of ending homelessness by providing affordable housing for all 'It’s a miracle': Helsinki's radical solution to homelessness https://lnkd.in/er9HZSQU U.S. Department of Housing and Urban Development AGREES THAT adopting FINLAND'S MODEL OF ERADICATING HOMELESSNESS may be of great value to resolving the affordable housing and homelessness crises in America https://lnkd.in/gkSZWYRU

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. CollinHiggins@arborbanking.com arborbanking.com

Spring is a season of new beginnings. From new growth to new life events like graduating and marriage. These transitions in life can bring about changes in your financial matters that may require a new, or even first, checking account. We're here to help you navigate these life experiences. Check out this helpful article that explores common life events when you might consider opening a new checking account and factors to consider to select the right option. Read more at https://lnkd.in/eWGkH8aN - Member FDIC, Equal Housing Lender

In 2023 Issue 4 of Utah Banker, Keenan Neal, MBA authored an article titled Meeting the Credit Needs of the Community Through Special Purpose Credit Programs (SPCP). Homeownership is crucial for building wealth and achieving upward mobility; implementing slight adjustments to underwriting criteria or down-payment assistance programs could facilitate increased homeownership, strengthen your institution’s fair lending compliance management program, and meet community credit needs. See this article to learn more on the topic of establishing an impactful SPCP - https://lnkd.in/egHp2yny

As a new school year begins, it's a great time to start thinking about college savings. Here are a few tips to help you create a plan for your child's future. Member FDIC Equal Housing Lender

Vow #4 “For Richer, For Poorer” Or, in our case, “For Richer, For Richer,” because every finance company is committed to helping their customers thrive financially. What are your thoughts on this clever twist of words? 😁 #vowwithcreditville #amplifycopywriting

Every dream deserves the chance to succeed, no matter who you are or where you come from. That's why we're tearing down barriers to financial access — so more diverse business owners can turn passion into prosperity. https://bit.ly/3O78uEu Member FDIC. Equal Housing Lender. #DiversityInBusiness #StearnsBank #FinancialAccess #BusinessGrowth

So...where do you focus your time and dollars for a higher impact rehab and profit for your project? Listen in as we chat with one of our favorite borrowers Kevin Nixon, PMP during a walk through of one of his current properties. #finishesareimportant #realestateinvesting #morethanalender