First Foundation Inc.’s Post

Succession planning involves unique financial challenges for a family-owned business, and it is a critical component of a complete financial plan. But how can you cater to both the business and the family's needs? This article by Jawn Hendrix, TowneBank Private Banking Officer, includes key points to get you started. Visit TowneBank.com/Succession to read it or connect with Jawn at our office in Greensboro, NC, to start your plan today! #BusinessBanking #BusinessOwners #Succession

Why I Closed My Greenwood Account: The Truth About the Partnership Discover the real story behind Greenwood and its partnership with Coastal Community Bank. Find out why I decided to close my account after learning the truth. #GreenwoodBanking #CoastalCommunityBank #BlackOwnedBank #BankingRevelations #AccountClosure #Financial Transparency #KillerMike #BankingTruths #BlackCommunity #BankingDecisions

#CommunityBank and #SmallBiz Action Alert: Tell Congress: Keep Credit Available for Small Businesses The CFPB is attempting to implement a rule--Section 1071--that will have a chilling effect on community bankers’ ability to provide credit to small businesses. If implemented, it would require the reporting of such specific data that client’s financial privacy could be compromised and increase compliance costs. But, H.J.Res.66 and S.J.Res.32, introduced by Rep. Williams and Sen. John Kennedy, respectively, would nullify this rule. Independent Community Bankers of America | ICBA #Point #Click #Advocate https://lnkd.in/g4F2EMsu

Join the next #smallbusiness workshop virtually and after hours on August 23rd at 6 pm. Learn how to access your company's financial needs. https://lnkd.in/ebSZkWPJ

Talk about how to own your own home with fifth third bankers. Our parter Stephanie Crable will guide you through the whole process

Maximize your expertise! Ideal for directors, branch managers, and Officers in Effective Control, our course hones in on agency trust account requirements, financial report production, and meticulous identification of discrepancies. Link in comments. #reiv #reivreal #melbre #shortcourse #reivshortcourse

Learn how Ridgewood compares to larger financial institutions.Learn all about the community bank advantage at the link https://bit.ly/3Nlf6xD #CommunityBank

Kyle Fuller of Factum Financial dives into how strong family units are foundational to a robust society. By addressing our financial practices at home, we not only strengthen our familial bonds but also contribute to societal stability. Let’s build a financially sound society, starting with our families! The Power Of Infinite Banking In Your Family https://lnkd.in/ghXuM4hQ #WWBS #RichardCanfield #KyleFuller #BeYourOwnBanker #InfiniteBanking #FinancialFreedom #FamilyWealth #MoneyMindset #WealthBuilding #FamilyBanking #LifeInsuranceTips #GenerationalWealth #FinancialLiteracy #PersonalFinanceTips

It’s the start of the year and credit unions want to make sure their members are on the right path for increasing their financial wellness. FirstOntario Credit Union’s COO, Mark Perkins, joined CHCH TV for its Finance Friday segment, where he spoke about how best to manage your personal and business finances. Watch the segment here to learn more: https://bit.ly/3NXg6cm #canadacreditunions #financialwellness

Great advice from my husband. Yes, life insurance is worth it! And LTC. I am pretty passionate about this topic. I never ever imagined our Dad would die of cancer at age 51 when I was in college at UGA. It was devastating. Or, that our mom would get ALS -out of the blue- eight years later. Thank God they planned for the what if’s. The grief was brutally tough. Financially, my sisters and I were okay, even after all the $100,000’s of dollars of medical bills. Why? Because Dad had life insurance. And, after he died, our financially saavy Mom, then 49 years old, bought Long Term Care Insurance…just in case. She did not want to be a financial burden on her daughters should something happen to her like what happen to our dad. Again, who knew she’d get ALS at age 58. When she was first diagnosed with ALS (and we were all in shock) she told us to go into her office and look into her file cabinet. We found her LTC contract. What a relief for her. For us. Smart planning can ease the burden and heartache of a diagnosis, cost of care, caregiving, and the loss of someone you love. And, solid financial planning posively impacts generations, and ones legacy. As Ben Franklin said, “If you fail to plan, you plan to fail.” Please take time this weekend or in the weeks ahead to think about & plan for the “what if’s.” You matter. Your loved ones matter. Your business matters. Your legacy matters. #LifeInsuranceAwarenessMonth #LifeInsurance #LongTermCareInsurance #LifeHappens