BankFirst Financial Services’ Post

It’s ok to be clumsy when you have the protection of a BankFirst PERKS checking account. Pay your cell phone bill with your PERKS checking account, and you’re covered. BaZing will pay to have it repaired or replaced, up to $400 per claim and maximum of $800 per year. BankFirst PERKS checking accounts save you money, whether it's Cash Back Checking + PERKS—our flagship checking account that pays you cash back each month depending on how many times you swipe your debit card—or Interest Checking + PERKS which earns interest and saves you money on the things you're already paying for. Discover the money-saving benefits of a BankFirst PERKS Checking Account. https://lnkd.in/eXSBpSPi For enhanced benefits, check out BankFirst VIP PERKS. https://lnkd.in/e39hC_sX #BankFirst #CommunityFirst #PERKS MemberFDIC, Equal Housing Lender, NMLS-454063

Recent findings from America's Credit Unions Consumer Pulse Survey highlight the unique value credit unions offer, especially in building trust. For credit unions looking to enhance this trust further, look to IDgo’s secure member authentication technology. By implementing IDgo, you ensure robust security without sacrificing the convenience and personal touch your members value. It’s about offering protection while enhancing their overall experience. #CreditUnions #Fintech #Authentication

At IDgo, we know that trust is the backbone of your relationship with credit union members. That's why we partner with credit unions to extend that trust by enhancing security, without compromising the member experience. Want to find out how? Let’s talk!

💰Choosing a bank account in America doesn’t have to be hard! Chase, Bank of America, Wells Fargo & Capital One are the big four and most common across the US. They will have branches and ATMs everywhere! Using local and regional banks are good too, like here in Dallas they have PNC & Truist Banks helping students. Be sure to check for special student accounts which waive fees. Some accounts might be more beneficial with your age, so shop around. Some will give special sign up bonuses too! The best thing is to ask the current students in your college to recommend the best local banks. Also, in the US there are checking accounts and savings accounts. This might be different from your home country. Also ask about the Forex, wire transfer fees and waivers for when you have to transfer large sums for tuitions fees. 💸Our family uses Chase Bank, so if you want a $200 sign up bonus for Chase Bank, check the comments below! 👇

Insightful roadmap for #CreditUnion leaders from NUDGE. Could make for a great tool at strategic planning sessions 💡 Not only is Chase, US Bank, and BofA using these strategies as Reagan Bonlie mentions but some of the leading FinTechs and neobanks too. A big hairy audacious goal: How can your CU build stronger relationships than the big banks and FinTech?

Not sure what to do with gifts of Christmas money? Open a Savings Club account! 💰 No minimum deposit to open, balance requirement, or service fees 📱 Free Mobile and Telephone Banking 📅 Select the maturity date from 7 to 12 months 💻 Free Online Banking and eStatements 🏦 Interest bearing account* and no service fees Scan the QR Code to learn more about NexTier Bank's Savings Club Account! *Interest rate and annual percentage yield may change. Interest begins to accrue on the business day we receive your deposit. Interest is calculated on the Daily ledger balance. Interest accrued daily. Compounded & credited at maturity.

No cancellation fees, so you can try them out. Next-day settlement, so you could get your money sooner.* Leading payment solutions, so you can take payments quickly and securely both in person and online. With our partner Barclaycard Payments, you get peace of mind from knowing that however your customers pay, whether it’s by card or digital wallet, in pounds or in over 50 currencies, their payment will be taken smoothly and reliably. Plus you could save money with our discounted rates. Learn more by calling our team on 0345 300 9027. 📞 *The partners may receive commission from each other. Please check the merchant's terms and conditions at https://lnkd.in/eVe8TKUA. Subject to application, financial circumstances and borrowing history. To receive next-day settlement, transactions need to be taken before 9pm. T&Cs apply.

As the banking industry evolves, many are turning towards the allure of small community banks and credit unions for a more personalized and cost-effective banking experience. With the banking landscape rapidly changing, marked by a spree of mergers and acquisitions, individuals and businesses alike are seeking refuge in community banks and credit unions. These smaller institutions are not only growing but also offering competitive rates, lower fees, and the kind of face-to-face interaction lost in the world of big banking. Despite the trend towards digital banking and the consolidation within the industry, the appeal of local, accessible banking remains strong. Whether it’s the promise of better rates, lower fees, or just being treated as more than just another number, switching to a small-town bank or credit union might just be the fresh start your financial life needs. #banking #finance #communitybanks #creditunions #personalfinance

Community Banks for the win. I post a lot about shifting demographics, technology, etc. This article is a good reminder that there is still a group of people who like the personalized touch of working with their local community bank, however, I still believe that this demographic is likely shrinking. Community banks were able to take advantage of some of the market turmoil last year, especially amongst their slightly larger brethren (regional banks). "Some bank customers are going small, pushing back against a wave of consolidation that has concentrated deposits and loans in a handful of the largest banks. Many have found that making a switch not only gets them more face time with bankers, but they are also earning more and paying less." "While the biggest banks are getting bigger, the smallest are growing too. Community banks, which typically have less than $10 billion in assets and a concentrated footprint, grew deposits by about 1% in the third quarter from a year earlier. Credit unions grew deposits by a similar amount. Their loan books grew by 10% and 9%, respectively. Both far outpaced the broader banking industry, according to federal data." "Even the biggest banks acknowledge that people like to do some banking in person. PNC plans to add new branches this year after closing more than 200 last year. " "Compared with megabanks, community banks and credit unions tend to charge lower fees on loans and pay higher yields on savings products." "Smaller banks’ generally lower overhead costs allow them to offer better rates on deposits. Credit union advocates say their not-for-profit business model allows them to pass more money to customers." "People tend to stick with their banks absent a major life change. But that has started to shift. Lofty interest rates have made moving money to high-yield accounts more compelling, and online banking has made it easier. More consumers are reporting interest in switching banks today than at any point in the last decade, according to consumer sentiment research firm RFI Global." #communitybanks #creditunions #banks #rates #yields https://lnkd.in/gPZY9bF3

2024 Awards Category: Lender that made you cry Hot on the heals of last week's poll where we asked members which lender credit team did they love the most in the past 12 months? There is one clear winner at the moment - Macquaire Bank with 55% of the vote. Bankwest (17% so far) taking second place. We have decided to ask the opposite question.... which lender made you cry the most in the last 12 months?" Last year it was the StG/BoM with 54.3% of the vote... who will it be this year? Rules: Once again, you can only vote for 1 lender, you may add others not on the list, but there can only be 1 vote. Be honest, some of you send in incomplete app/docs that slow the process down. We are talking about instances where you gave everything, including the DNA sequence and the lender still messed it up. Jump into the group and have your say