Veridian Credit Union’s Post

While some bigger players have exited the market, Public Finance has shown a growth trend towards smaller, minority-led firms such as Blaylock Van, LLC, Loop Capital, Samuel A. Ramirez & Co., Inc., Siebert Williams Shank, and Estrada Hinojosa & Company, Inc. Public Finance appears to be well-positioned for growth in a less competetive landscape. 2024 will be an interesting year to watch the Public Finance industry continue to evolve.

Curious about settled collections and your credit? Let's break it down! 💳 Even if settled, collections can linger on your credit report for 7-10 years. ⏳✅ While it may not be as detrimental as unresolved collections, it still affects your credit. 📉 Let's review your credit report together and chart a path forward! #CreditScore #Collections #FinancialPlanning #RealEstate #CreditRepair

What's the difference between a collection and a charge off? This question came up this week from a client, so I figured I would share the inside scoop so you know more about credit! #collections #chargeoff #creditreports #creditreport

Guess the % shift away from credit cards when you implement surcharging. Learn more from the experts on surcharging by contacting [email protected] #interpayments

Did you know that closing both old and new credit accounts can lower your credit score? This happens due to either a decrease in credit age or an increase in credit utilization ratio. Reach out for more details! themichaelmitchell.com

Landing Rock Group LLC, an affiliate of Double Rock Corp., has successfully incorporated special certificates of deposit (CDs) and odd-term CDs into its regular offerings following a pilot program. 'The Landing Rock CD Marketplace continues to grow, and this year our customers are benefiting from CD specials and odd-month CDs,' said Robert Bent, Senior Vice President. Bruce Bent II, President, noted that 'Landing Rock provides hundreds of CDs from banks and credit unions nationwide, updated twice daily. With the current market buzz about the Federal Reserve Bank potentially reducing interest rates before the end of 2024, we've noticed a trend of customers seeking to lock in higher rates for longer periods by purchasing more CDs.' Odd-term CDs, also known as 'odd duration' or 'odd term' CDs, feature terms of 7, 8, or 13 months, as opposed to the typical 3, 6, 9, and 12-month maturities. These offerings, along with special rates, aim to attract new deposits and cater to customers seeking higher rates amidst potential interest rate changes. Landing Rock offers CDs ranging from 3 months to 10 years, with options for interest payments at maturity or monthly. #banking #investing #fintech #oddtermcds Landing Rock Cash Management

Four Things to Know About Getting Your First Credit Card https://lnkd.in/eguHmsTv 😎 #creditcards #creditcard #creditcardprocessing #firstcreditcard #finance

How to LEGALLY Delete Collections from your Credit Report! Share with someone that needs this information!

Hello Everyone! I am on a journey to streamline the operational components of managing Safe Deposit Boxes. Looking to connect with other Credit Unions that are willing to share tips and best practices! Let me know if you can help or point me in the right direction! Please send a direct message with your contact information! People Helping People

Did you know that closing both old and new credit accounts can lower your credit score? This happens due to either a decrease in credit age or an increase in credit utilization ratio. Reach out for more details! #integrity#COYS