Trustar Bank’s Post

On April 30th, 1791, the First Bank of the United States opened in Philadelphia, becoming the nation's first federally chartered bank. Led by Alexander Hamilton, it played a vital role in shaping the early American financial system, despite facing significant political opposition. Follow BankQuality for more such updates. #firstbank #unitedstates #alexanderhamilton #philadelphia #financialsystem #bankinghistory #federalcharter #americanhistory #earlyamerica #bankinginstitution #historicbank #economicdevelopment #foundingfathers #financialpolicy #politicalopposition

Black History is Financial Success! Did you know that America's first Black-owned bank, True Reformers Bank, was founded by Rev. William Washinton Browne in 1888? By 1976, there were 50 Black-owned banks nationwide, however by 1988, the savings loan crisis dwindled that number to 15. Today, there are 44 Black-owned banks, and minority-owned banks have accrued more than $343 billion in assets, and financial security for Black Americans continue to trend in the right direction. For more resources, check out the article below and see what Black-owned financial institutions exist in your state. #WorkingCredit #BlackHistoryMonth #Buildcreditbuildpower Source: https://lnkd.in/dBCPzay

The first officially chartered Black-owned bank, True Reformers Bank, was founded on March 2, 1888, by the Rev. William Washington Browne. A former slave and Union Army officer, Browne was the founder of the Grand Fountain United Order of True Reformers fraternal organization. Today there are 148 minority-owned financial institutions in the United States. Taken together, they have approximately $349 billion in assets in total. Of these, 23 are Black-owned banks. Black-owned banks provide customers not only access to the financial resources they need but also the chance to invest in the financial health and well-being of their community. Here's the full list of Black-owned banks and credit unions in the US: https://lnkd.in/exkyQDds

𝐔𝐊 𝐓𝐨 𝐇𝐚𝐯𝐞 𝐅𝐢𝐫𝐬𝐭 𝐁𝐚𝐧𝐤𝐧𝐨𝐭𝐞𝐬 𝐅𝐞𝐚𝐭𝐮𝐫𝐢𝐧𝐠 𝐂𝐡𝐚𝐫𝐥𝐞𝐬 𝐈𝐈𝐈 On June 5th, the Bank of England will introduce banknotes featuring King Charles for the first time, prompting businesses to ensure their machines can accept them. King Charles’s portrait will adorn all UK banknotes, with existing designs remaining unchanged except for his image and see-through security windows. Read More: https://lnkd.in/gp4nYBHW #AsiaOneMagazine #AsiaOne #media #dailyupdates #todaynews #newsupdates #newstoday #todaysnews #breakingnews #latestnews #trendingnews #newsfeed #unitedkingdom

It is crucial for banks to assess the financial health of who they lend money to. It is also crucial for you to understand who your are lending your deposit dollars to. US Bank is positioned to play a significant role in offering value and capital to businesses.

“Do what is always right, do not be afraid to speak up. Do not point fingers, just speak up. Listen to others and say what you believe in. Be interested in the process, not necessarily the outcome” - Robert Steven Kaplan | former President Federal Reserve Bank of Dallas ….. #DoTheRightThing #SpeakUp #ListenAndSpeak #IntegrityMatters #EthicalLeadership #CourageToSpeak #NoBlameGame #BeHeard #SpeakYourMind #ProcessOverOutcome #HonestyFirst #LeadWithIntegrity #StandUpForWhatIsRight #ValuesMatter #VoiceYourBeliefs #Accountability #OpenCommunication #EthicalDecisions #SpeakYourTruth #LeadByExample #BeCourageous #PrincipleDriven #OwnYourWords #InfluenceWithIntegrity #RespectfulDialogue #ListenAndLearn #ConstructiveFeedback #LeadWithConviction

Connect with the ICI team member at the event and learn how ICI can assist your bank with the next core vendor evaluation and core renewal project.  Follow ICI on LinkedIn for future updates: https://lnkd.in/gYvXiKcf.   #coreconsulting #corevendorevaluation #bankconsulting #technologyconsultant #consulting #bank #bankers 

Connect with the ICI team member at the event and learn how ICI can assist your bank with the next core vendor evaluation and core renewal project.  Follow ICI on LinkedIn for future updates: https://lnkd.in/eQNEM5MH.   #coreconsulting #corevendorevaluation #bankconsulting #technologyconsultant #consulting #bank #bankers 

A couple of suggestions to support Black led Community Based Organizations and nonprofits who are very deserving of this support. I would love to hear your ideas. 1) Create programs that target under banked Black led organizations (nonprofits, small businesses, etc.) with flexible lending options to establish commercial credit and real estate acquisition. Unfortunately nonprofits don't qualify for SBA loans and need to finace working capital. There is a gap here. 2) Streamline the Corp Social Responsibility grant application process. Use a single standard application and gift large transformative endowments based on merit and quality of outcomes. Think trust based philanthropy. What do you think?