Chesapeake Bank’s Post

FRIDAY IN FOCUS: LEADERSHIP ROUNDTABLE I'm proud to participate in "the process" this week as the Washington Mortgage Bankers Association (WMBA) hosted a dynamic Leadership Roundtable, where industry leaders came together to discuss crucial matters impacting our field. It was an insightful gathering, bringing together senior leaders and directors from local banks, credit unions, mortgage insurance, credit reporting and appraisal management, mortgage brokers, and independent mortgage companies, our lobbyist, Jessica Fortescue, as well as the Washington State Department of Financial Institutions, the Washington State Housing Finance Commission, and other esteemed members and affiliates of the WMBA. At the roundtable, we delved into key topics shaping our industry's future, like Housing Affordability, Trigger Leads, AI, Homebuyer Education, Community Outreach, Down Payment Assistance programs, and many more; we exchanged valuable perspectives and forged meaningful connections to drive positive change. The collective expertise and vision in the room were truly inspiring, paving the way for collaboration and innovation in our sector. I am grateful for the opportunity to be part of such a productive and engaging discussion with these distinguished professionals. I want to thank all the participants for their contributions and commitment to advancing the mortgage banking landscape and supporting homeownership for all in Washington State. Tony Fernandez, Rose Marie David, Park, Erwin, Anne Marie Bachmann, Tom Jarzynka, Jessica Fortescue, Lorraine Stewart, Jeannine Sprague, CMB®, AMP, Mike Olden, francois madath, Augie Bae, Dean Dardzinski,Ali Sheibani, Missy Lawson, Lisa DeBrock, Jason Bloom & Ethan Saxon. The participating companies/organizations: American Reporting Company, AREAA GREATER SEATTLE CHAPTER, BECU, CMG Home Loans, Essent Guaranty, Inc., First Financial Northwest Bank, Movement Mortgage, On Q Financial, LLC, Guild Mortgage, Procura Mortgage Company, License #CL 157293, MGIC, Puget Sound Mortgage Lenders Association, Washington Association of Mortgage Professionals, Washington Mortgage Bankers Association, Mortgage Bankers Association. #FridayInFocus #LeadershipRoundtable #WMBA #Mortgage #RealEstate #IndustryInsights #Collaboration #Innovation #WashingtonLeaders

With over 27 years in the credit union system, Jeanette brings incredible dedication and expertise to her role, leading a team that provides members with personalized investment and wealth management advice. Here’s a bit more about her: 1. What inspired your career in Wealth Management? "From the beginning of my Credit Union career, I found wealth management intriguing and felt it could be a career I would enjoy. Encouraged by one of my leaders, I pursued this path, and it has proven to be the perfect fit for me." 2. A proud financial milestone? "I've fully paid off the mortgage on my home!" 3. Your top advice for achieving financial wellness? "Identify what matters most to you, whether it’s travel, home ownership, or building a business. Make it your goal, work toward it, and remember to give yourself grace along the way." Learn more about Jeanette: https://ow.ly/knhF50U1ouC #Wealth #Aviso #financialwellness

Breaking: Dogwood State Bank is buying Community First of South Carolina. It's a big deal, as in addition to deposits, Dogwood gets a stronger foothold in SC. Dogwood, you may recall, is a new Carolinas-focused bank headquartered in #Raleigh, the product of a handful of ex-Yadkin bankers and the former Sound Bank. This is the first acquisition in the bank's history, though as its top exec told me, it's basically been adding a community bank a year just through organic growth. If analysts are right about 2024, we'll see more deals like this. And yes, it matters. Community banks fund... well, the community. And the sector has seen a lot of changes in the past year, so what happens next matters to local businesses, likely including yours. Our exclusive chat with CEO Steve Jones: https://lnkd.in/eJXDv346 att: North Carolina Bankers Association Federal Deposit Insurance Corporation (FDIC)

🏀 As the world gears up for the ultimate showdown on the court, let's talk about a different kind of team – your banking squad! 🏦 Why settle for a benchwarmer when you could be MVP with Bank Michigan? Here's why banking with a community bank is a slam dunk: 🏀 Home Court Advantage - When you bank locally, you're supporting your community's economic growth. Score points for your neighborhood by keeping your dollars close to home with Bank Michigan. 🏀 Personalized Assistance - Tired of being lost in the crowd at big banks? Team up with Bank Michigan where you're more than just a number. Get personalized service tailored to your needs and goals. 🏀 Stronger Connections - Like any winning team, Bank Michigan prioritize building strong relationships. Get to know your local bankers on a first-name basis and enjoy the camaraderie of a true community teammate. 🏀 Flexible Plays - Need a last-minute assist or a game-changing loan? Bank Michigan is known for our agility and willingness to work with you to find solutions that fit your unique financial game plan. 🏀 Supporting Local Champions - Bank Michigan champions local causes and initiatives, just like you root for your hometown heroes. When you bank with Bank Michigan, you're investing in the success of your community. This March Madness, make the winning play for your finances and join the community bank squad! 🏆 Better. Thinking. Banking. ™️ BankMichigan.bank - Member FDIC #BankMichigan #MichiganBanking #CommunityBanking #MarchMadness #BankLocal #SupportLocal #Teamwork #GoLocal

"Proud to have attended the Realtor Day Camp at RBC Bank! Excited to bring new insights and opportunities to my clients. Together, we'll achieve real estate success! 🏡🔑 #RBCRealtorDay #ClientSuccess #RealEstateExpert"

Berkshire Hathaway has sold over $3.8 billion in Bank of America shares since mid-July, adjusting its stake in the bank. Despite these sales, Berkshire remains the largest shareholder, holding a significant stake valued at approximately $37.2 billion. This move aligns with Bank of America's stock price surge, reflecting a profitable investment strategy for Berkshire Hathaway. Click to know more- https://lnkd.in/dPTQ73aK #Urbananews #Canada #BerkshireHathaway #BankofAmerica #Finance #Investing #WarrenBuffett #StockMarket #FinancialNews

Meeting Jamie Dimon underscored the importance of fostering relationships between financial leaders and local communities. JPMorgan Chase & Co. has numerous initiatives that reflect their commitment to economic empowerment and community development in a tangible and sustainable way. Read more in the article below. #Finance #Leadership #Business #CEO #ExecutiveConversations Angela Reighard-Rand Stephanie Gostomski Carletta Clark

With the fed recently dropping their funds rate, this news has had an impact on the overall mortgage rate industry over the last few months as rates have been drifting down in anticipation. This is great news for the economy and for the real estate industry specifically. Are you looking to buy a home or re-finance, reach out to discuss your different options as they are certainly looking more favorable!