Level Up Your Community Association’s Savings with Strategic CD Laddering
SPONSORED CONTENT Community association managers juggle many financial responsibilities. While some can be planned for, others cannot. One strategy to bridge the gap is certificate of deposit (CD) laddering. CD laddering spreads a community association’s reserve funds across multiple CDs1 with staggered maturities. The goal of a CD ladder is to obtain a higher yield […]
Your Guide to HOA Financing Options
SPONSORED CONTENT When it’s time for one of your homeowners associations to finance a capital project, how do you help them secure the funds? You could charge homeowners a special assessment or dip into HOA cash reserves, but those options put burdens on the homeowners or the association. Another option to consider is financing from […]
Helpful Tips To Guard Against HOA Scams
EDITOR’S NOTE: This article originally appeared on the FirstCitizens Bank blog and is reprinted by permission of FirstCitizens Bank. HOA fraud is an unfortunate reality—and many of us will fall victim to attempted scams. The good news is that by staying vigilant, we can protect ourselves more effectively. Common HOA scamsOne common HOA scam is […]
How Hackers Get Into Your Computer & Organization
EDITOR’S NOTE: This blog article is courtesy of CAI Keystone 2023 Diamond Partner National Cooperative Bank (NCB). This article originally appeared on NCB’s blog and is reprinted with permission. For more information, contact Mary Alex Blanton, SVP, at: mblanton@ncb.coop, Mark Reid, SVP & Team Lead, Association Banking at: MReid@ncb.coop, or Jessica Marvel, CMCA, VP, Association […]
Key Tips to Help Avoid Costly Fraud Attempts
This article courtesy of Nicole Skaro, CMCA, EBP, CIT – a Division of First Citizens Bank, Community Association Banking Division (CAB) Unfortunately, HOA fraud is a reality – and many of us will experience firsthand such scam attempts. The good news is that by staying vigilant, we can better protect ourselves. Among those HOA scams, […]