Podcasts about bank on

In the wake of this week's significant executive order directing the Treasury to eliminate the use of paper checks for federal government disbursements (and payments to the U.S. government), ABA's Steve Kenneally joins the podcast for a conversation on what's next for the payments system. In this episode — sponsored by nCino — Kenneally discusses: The role of Treasury checks in check fraud schemes. The order's aggressive timeline, with an implementation date of Sept. 30, 2025. The significant challenges faced by different federal agencies in phasing out paper payments. The potential scope of exceptions to the order. How banks can help the small remaining user base of Treasury checks switch into bank accounts, including Bank On-certified accounts.   Read our ABA Banking Journal feature on “Is it time to kill the paper check?“

As chief corporate responsibility officer for Webster Bank, Marissa Weidner works across the bank's footprints and business lines to help advance the bank's goals of financial empowerment. On the latest episode of the ABA Banking Journal Podcast — sponsored by Alkami — Weidner discusses the many dimensions of how this takes shape at the northeastern regional bank. Among other topics, she explores: Webster's focus on access to capital for small businesses, including those owned by minorities and women. How Webster designed its special-purpose credit program focused on homeownership. Webster's innovative “finance labs,” built in partnership with local schools and nonprofit partners, to provide hands-on financial experience for young people from low-to-moderate-income areas. The role of Bank On accounts in Webster's financial inclusion strategy. Weidner also discusses her career journey — including experience in economic development, bank human resources and bank merger integration — that led her to her current role. This episode is presented by Alkami.

A  significant number of the communities in our area live without the conveniences and advantages banking accounts offer. Bronwyn invites Mark Smith, Financial Stability Manager and Bank On lead for United Way Suncoast and Patrick Eichholtz Community Development manager for First Horizon Bank in a discussion about what it means to be unbanked or underbanked and why economic inclusion is a focal point for United Way Suncoast. More information can be found at https://unitedwaysuncoast.org/what-we-do/income/bank-on-suncoast/

On the latest episode of the ABA Banking Journal Podcast — sponsored by Biz2X — Anthony Sharett, president of Pathward N.A., discusses how his FDIC-insured bank works alongside depository institutions to expand offerings that enhance financial inclusion and reach the unbanked. Sharett discusses Pathward's reloadable co-branded prepaid card business — which can help a bank offer a Bank On-certified account — as well as its gift card business line. Sharett discusses how Pathward uses a design thinking approach to work with its bank clients to “co-create” products. “There are lots of banks out there that are providing valuable services to customers, providing solutions, providing products that they need, but is there a gap?” He also talks about new areas where Pathward is branching out, including commercial finance solutions like merchant services, and working capital. “As we think about financial inclusion and financial education and bringing people through that journey of creditworthiness, we are excited about the credit builder product for small and midsize businesses, which are really those entrepreneurs that are the backbone of how we just expand commerce in the United States,” he says. During the conversation, Sharett also talks about his own background in bank leadership as an attorney who rose up the ranks on the risk and compliance side of banking, and he discusses how Pathward, formerly known as Metabank, developed its new brand when it sold its trademarks to newly renamed Meta Platforms. This episode is presented by Biz2X.

Bank On Acadiana is a part of the United Way of Acadiana.  This outreach includes partnerships with local banks and credit unions  to offer individuals and families financial services to help achieve and maintain financial stability.First Pioneers is excited to be a part of these efforts and in this episode we talk with Angela Morrison, Chief Impact Officer of the United Way of Acadiana about what Bank On is all about and the many benefits to the Acadiana community.If you need more information about the United Way of Acadiana  and the programs and services available in our area, visit unitedwayofacadiana.org.You can find information about Bank On at unitedwayofacadiana.org/bankon.You can find information about the tax VITA program by dialing 211 or 337.232.HELP for the information referral center. You can find First Pioneers Federal Credit Union at our Lafayette or New Iberia branch in Louisiana or online at firstpioneers.com.  If you prefer a blog version of our podcast you can find that on the website or if you prefer video, check us out on our youtube channel at firstpioneersfcu. Check us out on linktree:https://linktr.ee/firstpioneersfcu 

Cities for Financial Empowerment (CFE) Fund: https://cfefund.org/The CFE Fund is a 501(c)3 nonprofit organization; our programmatic, research and policy efforts focus on designing, embedding and replicating financial empowerment initiatives within the fabric of local government.The CFE Fund's national Bank On platform supports local coalition and financial institution efforts to connect consumers to safe, affordable bank accounts: https://joinbankon.org/Bankers, learn more about the Bank On certification here: www.joinbankon.org/certify Research from the Federal Deposit Insurance Corporation shows that there are many reasons consumers lack a basic transaction account: not enough money for the minimum balance; distrust of financial institutions; high or unpredictable fees; or identification, credit or banking history problems. Many Americans are driven to use expensive alternative financial services, including check cashers, payday lenders and pawn shops that charge high fees for financial services that fail to help people get ahead. Without a checking account, families wind up paying too much for basic financial transactions and are hard pressed to build savings and assets.Quick Facts:• Close to 5% of U.S. households (approximately 12 million adults) are “unbanked,” without a checking or savings account.• Almost 11% of U.S. households (approximately 24 million adults) are underbanked, meaning they still use some fringe financial services.• Nearly 34% of unbanked and 45% of underbanked households earn less than $30,000 per year.• Nationally, 48% of Black households and 42% of Hispanic households are unbanked or underbanked, compared to less than 14% of white households.Why do basic transaction accounts matter?A basic transaction account is an important first step in establishing a mainstream banking relationship, depositing earnings securely, accessing credit and saving for the future. Unbanked and underbanked individuals lose the cost savings and stabilizing benefits such an account provides, such as:• Cost savings: The average unbanked person spends 5% of net income on unnecessary fees for alternative financial services. This can amount to $40,000 over a lifetime—a significant amount for those who can least afford it.• Asset building: Without a bank account, a family lacks the ability to save reliably or automatically, or establish a banking relationship that can lead to accessing affordable credit for opportunities like a car, small business, or home mortgage.• Public safety: Without a safe place to deposit their money, unbanked people are more likely to be victims of crime because they often carry large sums of cash with them or keep cash in their homes. Elderly, disabled or undocumented immigrants can be particularly vulnerable.• Financial stability: Research shows that being unbanked makes it harder to achieve financial goals like reducing debt and improving credit scores.David Rothstein, Senior Principal, CFE Fund: https://www.linkedin.com/in/david-rothstein-72a5516/David is a Senior Principal at the CFE Fund (https://www.linkedin.com/company/cities-for-financial-empowerment-fund/), where he leads the national Bank On initiative. Previously, he served as Director of Resource Development and Public Affairs for Neighborhood Housing Services of Greater Cleveland providing fund development and policy leadership. He also served as a research fellow for the New America Foundation in asset building and the Program Director for the Ohio CASH Coalition with Policy Matters Ohio. He has a BA in Political Science from John Carroll University and an MPA from Kent State University.Matt Hanke, Retail Strategies Manager, VP from Northwest Bank: https://www.linkedin.com/in/matthanke/Matt's years of banking experience from being a Customer Service Representative, Personal Banker, Mortgage Banker and now a member of Northwest Bank's executive team, has given him an unique perspective on fostering customer experiences that build relationships that exceed expectations.Northwest Bank (https://www.nw.bank/) is a $2.3 billion community bank that offers a full line of business, agricultural, mortgage, consumer deposit and lending products as well as wealth management and insurance services. Northwest Bank has 18 offices located throughout Iowa and Nebraska.Compass Digital Account (https://www.nw.bank/personal/checking/compass-digital-account) is Northwest Bank's Bank On Certified Product.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~For more information on the CRA Hub, a membership for bankers to connect, inspire, and master the art of CRA: https://cratoday.com/hub/ Copyright © 2021 by CRA Today LLC(No claim to original U.S. government material)All rights reserved. No part of this podcast may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, including electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of the author and publisher.This podcast is a periodic publication of CRA Today LLC and is intended to notify and inspire recipients of new developments in the Community Reinvestment Act. It should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult your own attorney concerning your situation and specific legal questions you have.Podcast production and show notes provided by HiveCast.fm

On the latest episode the ABA Banking Journal Podcast — sponsored by S&P Global Market Intelligence — Berkshire Bank President and CEO Nitin Mhatre discusss Berkshire Bank's “BEST Community Comeback,” a new $5 billion ESG-focused initiative at the Massachusetts-based midsize community bank. “We may not have called it ESG or DEI-type initiatives in the past, but we've always done it,” says Mhatre. “It's really just taking the things we've done in the past and translating that into what makes an impact.” Among other topics, Mhatre discusses: Berkshire's goal of 200,000 “socially responsible” accounts, including Bank On-certified accounts. Why Berkshire no longer finances fossil fuel production, and how it will make future decisions about financing downstream energy businesses and other sectors affected by climate change. How investors have responded to Berkshire's ESG-related activities. The perspective Mhatre brought to Berkshire after a career at larger institutions like Citi and Webster Bank. This episode is sponsored by S&P Global Market Intelligence.

The Bank On movement for financial inclusion continues to accelerate. In July, the Cities for Financial Empowerment Fund—which developed the Bank On standards and which certifies deposit accounts that meet them—announced that more than 100 depository institutions now offer Bank On-certified accounts. The number has nearly doubled since October 2020, when, at ABA's Annual Convention, ABA President and CEO Rob Nichols encouraged all banks to offer a certified account. But while Bank On accounts are available in every state and 99 of the nation's largest 100 metro areas, a list of 100 institutions still leaves lots of opportunity to expand Bank On participation, especially among the nation's midsize and community banks. With that in mind, what is the certification process like for banks? And what's motivating bank leaders to join the Bank On movement? On the latest episode of the ABA Banking Journal Podcast, leaders from three banks representing different asset sizes share their perspectives on going through the Bank On certification process as well as providing tips for bankers contemplating their next steps with Bank On.

Homeownership, savings and holding down a job are three keys to financial well-being and moving out of generational poverty, so that’s what Southern Bancorp focuses on in its home Mississippi and Arkansas Delta region, one of the nation’s poorest. On the ABA Banking Journal Podcast, Southern CEO Darrin Williams talks about the bank’s high-touch focus on pairing in-depth financial counseling with a Bank On-certified checkless checking account to help reach the unbanked in the Delta. Williams explains $1.6 billion Southern Bancorp’s work as a group of three distinct community development financial institutions. He also discusses its partnerships, which include equity investments from Bank of America, Simmons Bank, BancorpSouth Bank and Regions Bank, among others, and program-related investments from philanthropic organizations and individuals in the mid-South. And as a CEO who entered banking laterally from a career as a lawyer and state legislator, Williams discusses the role of hiring from outside the industry in diversifying the ranks of banking. Additional resources: Bonus clip in which Williams discusses Southern Bancorp’s response to the COVID-19 pandemic and participation in the Paycheck Protection Program. More information about ABA’s call for all banks to offer Bank On-certified accounts.

While the FDIC’s latest figures on unbanked Americans show improvement between 2017 and 2019, the headline numbers mask the fact that some demographic categories face substantial disparities in access to mainstream finance. To address this gap, ABA recently encouraged all banks to offer Bank On-certified accounts — safe and affordable transaction accounts designed to meet the needs of unbanked Americans currently offered by 43 banks. On the latest episode of the ABA Banking Journal Podcast, Old National Bank’s Ben Joergens discusses his bank’s experience launching a Bank On-certified account. Joergens explains the behind-the-scenes process of developing ONB EZ Access Checking, which has no minimum balance, five free money orders per month for bill payments, no overdraft fees and a monthly fee of $4.95. He also discusses how customers have responded — particularly customers who didn’t think they would find a bank account that worked for them. ABA Chief Policy Officer Naomi Camper also provides background on Bank On and the development of the standards. This episode is part of a series this fall focused on how banks of all sizes are promoting financial inclusion, making the banking system work for all Americans.

"Living Forward" Ashish Vidyarthi in conversation with Shantanu Sengupta Shantanu Sengupta : Managing Director, Consumer Banking Group DBS Bank India. Passionate about the future of banking, it's dynamic opportunities and impact on consumer behaviour, Shantanu loves music and sports & spearheaded the launch of Digibank by DBS, India's first fully digital bank... A full bank completely squeezed into a phone. "What do you Bank On?" I will engage in a free-wheeling conversation, exploring what the future is asking from us... And what we need to have in place to go beyond the present lockjam. We may also be viewed on any of the following platforms - https://m.facebook.com/ashishvidyarthiandassociates/ https://www.youtube.com/c/AshishVidyarthiOfficial https://twitter.com/AshishVid?s=09 www.avidminer.com Alshukran Bandhu Alshukran Zindagi #LivingForward #Ashishvidyarthi #avidminer #Banking #Innovation #future #Live --- Send in a voice message: https://anchor.fm/ashishvidyarthi/message

I’m Jeff Tanner, Dean of the Strome College of Business, and this is a Strome Business Minute. COVID has hit people of color and their businesses disproportionately. One reason is personal finances. African-Americans are twice as likely to live in poverty, while Hispanic poverty is seventy percent higher which means they don’t have access to health care and are more likely to have underlying health issues. Home ownership is also lower due to credit problems. Similarly, black owned businesses were much more likely to be denied PPP loans because they could not meet the minimum credit requirements. Bank On Hampton Roads is one program designed to help families build financial health. They’ve got a full slate of virtual classes as well as personal coaches who volunteer to help individuals achieve their goals. Bank On is free, go to w w w dot bankon h r dot org to sign up or volunteer. This Strome Business Minute is presented by the Strome College of Business at Old Dominion University.

WELCOME, to sportsmanship promoting, Heavy Machinery celebrating, behind the scenes of Mark Callaway exploring episode of the Brothers….of DISCUSSION! We're going to discuss the MITB fallout, dive into another edition of the Wednesday Night Wars, that and much more! Find us here: Apple: https://apple.co/2QlS1PM Spotify: https://spoti.fi/32HsrHq Google Play: https://bit.ly/2CMqiQg YouTube: https://bit.ly/2qT1HX9 Anchor: https://bit.ly/31u2hZB Breaker: https://bit.ly/37gxjWd Overcast: https://bit.ly/2UDEOnu Radio Public: https://bit.ly/31Lse7k Stitcher: https://bit.ly/37881cQ WWE Wrestling News Becky Lynch is gonna be a momma Asuka takes over as the champ Money in the Bank - Corporate Ladder Style was a success Fun was had Food fight Tyrannosaurus skull flex AJ runs into the Undertaker Dana Brooke grabs the wrong briefcase Cameos Aleister and Rey were Kayfabe tossed off of the roof Otis Dozovic is Mr. Oh YEAAAAAAAAAAAAAAAH! Money in the Bank On a scale of Punk to Damien Sandow, how do you see his career-changing? Orton and Edge to have a...wrestling match!?!? Drew McIntyre's next feud is with Baron Corbin Thanks, Rollins and shakes his hand Not since Tyson kissing people after a win Seth Rollins looks ready to implode Dipshits are ripping Stone Cold's wearing of a COVID mask The IIconics return to give Bliss and Cross a challenge Episode 1 of The Last Ride It looks painful to be The Undertaker, folks defending 1 match a year lifestyle Seemed a little celebratory for the Reigns match that had a lot of botches : / Episode 1 didn't depart too much from the overture we got last month, that we're meeting “Mark”, and learning the emotional toll it takes to be Undertaker. Get to learn about Mark being concussed for the Lesnar fight, that Brock + Vince we're waiting for him at the hospital --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/brothers-of-discussion/message Support this podcast: https://anchor.fm/brothers-of-discussion/support

El Departamento de Regulación Profesional y Financiera anunció nuevas opciones para los residentes de Illinois no bancarizados que buscan cobrar sus cheques de estímulo sin incurrir en cargos por su cobro, un estimado de más del 22% de los hogares del estado sin cuenta bancaria. A través de un acuerdo de colaboración con asociaciones de banqueros, grupos de defensa y bancos individuales, el gobierno estatal logró una solución para muchos de estos hogares de Illinois que recibirán cheques de estímulo en papel y tendrán pocas opciones de cambio que no incurran en tarifas, expuso el IDFPR. Las instituciones bancarias que trabajarán con no clientes para cobrar sus cheques de estímulo de forma gratuita son: Wells Fargo, JPMorgan Chase, US Bank, Fifth Third y First Midwest, entre otros, que están dispuestos a proporcionar opciones de cambio de cheques para garantizar que estos fondos se destinen a los alimentos, la vivienda y las necesidades básicas de las personas que los reciben. Para garantizar un distanciamiento social adecuado y que todos tengan la identificación adecuada para cobrar su cheque de estímulo federal, las personas interesadas en estas opciones deben comunicarse con los bancos enumerados anteriormente o enviar un correo electrónico a IDFPR a ILBanks@illinois.gov con el fin de programar una cita. Además, un grupo de trabajo de organizaciones sin fines de lucro, incluido Ladder Up, el Consejo de Conciencia Económica, Nueva América, Heartland Alliance y el Instituto Woodstock, lanzaron un sitio web para informar a las personas cómo pueden recibir sus pagos, y ayudar a los no bancarizados, en: www.getmypaymentil.org El sitio web también describe opciones bancarias seguras y asequibles disponibles a través del programa Bank On, para las personas que estén interesadas en aprovechar la oportunidad de abrir su propia cuenta bancaria. Este programa certifica los productos como opciones de servicios financieros amigables para el consumidor, que no tienen tarifas de mantenimiento o inactividad, depósitos mínimos bajos y sin sobregiro.

This is the phrasal verb 'Bank On' which has one meaning. This lesson describes that it means to base your hopes on something or someone. We recommend that listening to this English phrasal verb audio lesson until the end, then do the exercises below to practice and to see if you understand how to use it in context. https://englishphrasalverbscourse.podbean.com/mf/web/j7w4fk/PV54BankOn.mp3 Phrasal Verb Lesson: Bank On Decide which sentence uses the phrasal verb 'Bank On' correctly? Leave a comment on our website in the comment section below with your answer. We couldn't go to the bank on Sunday. We couldn't bank on the bank to be open on Sunday. We couldn't put the bank on our list for Sunday. Get More Phrasal Verb Lessons & Lessons for Fluency Get access to full lessons from the Phrasal Verb Course with lessons you can print, download the audio and get the Phrasal Verb Stories to hear all the phrasal verb lessons being used together! Your free trial includes access to join conversation practice sessions (with a native speaker) and online lessons that focus on improving listening and speaking skills to speak English confidently and fluently. Take the first step to reach your fluency goals by joining our 7-Day Free Trial here   Other Phrasal Verb Lessons: Hear some other lessons from our podcast. Examples and audio to help you understand each one. Wash Down #2 Take Down #1 Run Down #1

New Haven's new "Bank On" fellow discusses efforts to get more people bank accounts and financial advice so they dont' get ripped off by payday lenders.