What Agencies Say
“I want to say a few words about
CRA & Economic Inclusion.
They are closely related.”
- FDIC Chair Martin Gruenberg
“RegTech firms are designing
new tools to… address regulatory
compliance issues… ranging from
on boarding new customers to
governance.”
- Federal Reserve Board
“…small institutions may use
community development
activities to receive consideration
toward an outstanding rating.”
- Interagency CRA Q&A
“Community development is an important component of community reinvestment and is
considered in the CRA evaluations of financial institutions of all types and sizes.”
- FR 81:142 (July 25, 2016)
Three FinTech Questions
Does? Can? Will?
- T Currey OCC 2016
Q. Does this innovation enhance customer experience and help customers manage their finances better?
Q. Can this innovation be used by unbanked customers to move into the financial mainstream?
Q. Will this innovation meet the needs of Low to Moderate Income (LMI) customers in a fair and cost efficient manner?
LMI Economic Inclusion
Imagine..
..the many situations your bank faces daily that are beyond your control. Your CRA Public Final Rating doesn’t need to be one of them. In many cases, the manner in which LMI Depositors handle their financial lives determines your CRA Performance Evaluation. Providing Financial Inclusion and Community Development makes sense for LMI and PE cedit for you.
We did.
Digital Access & DVD
Imagine the Benefits...
…of A Communication Program that provides fun and helpful short movies about money truths and principles in the comfort and privacy of their choosing.
We did.
Your Bank benefits from the ability to know more sooner about your CRA/CDS effort, your LMI activity, and your bankers activity. LMI Depositor benefits as TOP PROVIDER provides them fun & helpful money truths & principles.
Know More Sooner
Imagine the Ability...
…to monitor and track your CRA Community Development Services Effort, your LMI Activity and your Internal Engagement Level.
We did.
Online Access & DVD
Imagine the Impact...
…of a Financial Life Communication Program in multiple formats assuring bank viewer and non-profit use.
We did.
Banker Desk Set
Imagine a...
…conveniently boxed program for ease of use throughout your organization or non-profits wherever LMI families are identified.
We did.
Online Access & DVD
Imagine Any Screen...
Delivering Financial Life Knowledge, always available anywhere and anytime wanted or needed.
We did.
Improve Your CRA Rating
Imagine Easy...
…as addressing a pre stamped envelope ready to be mailed to your bank’s LMI families.
We did.
Online Access & DVD
Imagine Identifying Your LMI...
…using a proprietary and dependable verification of your LMI / LIC communities families:
We did.
Improve Your CRA Rating
Imagine a Program License with Immediate Benefit...
…for a non-traditional, impactful, accountable & repeatable LMI communication program pertinent to all Financial Institutions regardless of size or performance evaluation per 12 CFR, to help achieve a more effective and meaningful regulatory compliance. Transmittal letters of official CRA communication and Covered Agreements with program activity provided and reported to Insured Institution and Regulator per FDIA 48 CRA Sunshine Requirements.
We did.
Each season of a bank
has it’s own
potential and challenge.
Somewhere ahead,
in yet another season,
is the smile of contentment
if each is handled wisely.
Features
- Provides helpful, fun library of short, understandable, plain-spoken, common sense, memorable videos about money.
- A full year of viewing available any time, any where.
- Easy as addressing a stamped envelope.
- Affordable for any LMI CDS effort with no long term commitment.
- Enhances any Strategic Plan, Money Smart, Safe Account or Operation HOPE effort in any size or type bank.
- Appropriate for all ages and incomes.
-
Choose the license best for your bank:
LMI Limited License
LMI Covered Agreement License
LMI Digital Content License - Legacy Systems are never an issue. No Core Systems Interface.
- Multiple formats assure viewer use & impact.
Benefits
- A Community Bank LMI Communication Program of Financial Life Changing Views and Compliance.
- The Most Accountable, Repeatable, Affordable Economic Inclusion Community Development Service Program available to YOU for LMI.
- Sunshine Requirement reporting included.
- You choose who, when, and how your Bank customers & community non-profits participate.
- You decide Digital Access, DVD or Content License for your banking Customers.
- You choose the organizations for included non-profit DVDs.
- FINRA 2210 Compliant. Provides knowledge, not advice.
-
2 Welcome Card versions available:
Welcome To Your Bank
Welcome To Your Financial Life
