Verity Credit Union’s Post

This is an exciting week as #dovetailer Andy Boian joins client partner, Community Financial Credit Union, at The Mackinac Policy Conference! CFCU is dedicated to keeping credit union members at the forefront of conversations about economic policy as it relates to equity in financial services. This conference brings leaders together to discuss Michigan's economic future and growth and covers crucial topics like infrastructure, business attraction, education improvement, workforce readiness, and leading with innovation and equity. Here's to a productive week filled with impactful discussions! #MackinacPolicyConference #EconomicGrowth #FinancialServices #CommunityLeadership

This conversation was enlightening in terms of the work being done to shift the landscape of black leadership and economic impact for the benefit of all. There was a lot covered in this discussion but what I found most interesting was the insight from Peggy Bailey, the vice president for housing and income security at the Center on Budget and Policy Priorities. She spoke to the importance of disrupting economic paradigms and centering people, by providing access to key resources. #Justice #Leadership #CommunityImpact

Hello everyone! 🌟 I invite you to read NextGen Policy's latest Let's Talk Blog post. I recently wrote about AB 1160 (Pacheco) – The Protecting Students from Creditor Colleges Act. Check it out to learn more about the bill and how it will support students struggling with institutional debt! Read it here: https://lnkd.in/gq4UR8k4

Even in 2024, billions of people around the world still lack basic access to banking, savings, and credit facilities. Credit unions are uniquely positioned to bridge this financial inclusion gap—but many face challenges when it comes to growth, modernization, reaching underserved populations, and empowering diverse leadership. That's where we come in. By funding digitalization, crisis response, and leadership development, we help #BridgeTheGap for individuals and families worldwide. Learn more about what we do: https://bit.ly/3SlSjWl

#TheConversation The problem highlighted by the flyer is the lack of support for group economics and our own businesses. The leadership in our community has not fostered an environment conducive to this, and the general Black public has not seen specific steps to achieve the goal of spending money within our community. Achieving this requires a certain level of education about the benefits of group economics. Communicating these values to the bottom two-thirds of our community, which represents the majority, is essential. This necessitates a cooperative mindset from those in leadership positions to recognize and address this major issue. By spending our economic dollars within our community, we can help local businesses expand, secure better prices, and create a positive trickle-down effect. However, it all starts with communication, a strategic implementation plan, and a willingness to collaborate. As Cascade Media Group says, “When you invest in your community, you’re really just investing in yourself.” Understanding this slogan is key because knowing better leads to doing better.

In the latest blog post from Joe Moynihan, CEO of Jersey Finance, he explores the importance of Jersey’s MONEYVAL assessment outcome and why it matters for international finance centres like Jersey. He also explains why MONEYVAL is not a one-off evaluation, but a long-term commitment to excellence. Emphasising dedication to transparency, global compliance and continuous improvement in financial regulations - vital factors which will sustain Jersey’s world-class reputation. Read more: https://jsy.fi/3N4otSD #Compliance #MONEYVAL #FinancialRegulation #Leadership #GlobalStandards

September 25, 2024 - Vice President Harris in New Interview: Trump is ‘Not Very Serious’ on the Economy Harris: “My plan would grow the economy, his would shrink the economy” .......After Vice President Harris outlined her pragmatic vision to help the middle class in her Pittsburgh speech today, she sat down with Stephanie Ruhle of MSNBC for an interview on her approach to building an Opportunity Economy. In the interview, Vice President Harris drew a clear contrast between her New Way Forward for the Middle Class and Donald Trump’s Project 2025 agenda to impose a nearly $4,000 middle class tax hike, give handouts to billionaires, and crush American jobs. “Donald Trump has a history of taking care of very rich people,” said Vice President Harris. “My perspective on the economy is, when you grow the middle class, America's economy is stronger.” “Not everyone, you know, gets handed stuff on a silver platter. And so my vision for the economy, I call it an opportunity economy, is about making sure that all Americans, wherever they start, wherever they are, have the ability to actually achieve those those dreams and those ambitions, which include, for middle class families, just being able to to know that their hard work allows them to get ahead, right? I think we can't, and we shouldn't aspire to have an economy that just allows people to get by. People want to do more than to just get by. People want to get ahead. And I come from the middle class.” “So first of all, when it relates to anybody making less than $400,000 a year, your taxes will not go up. Your taxes will not go up. And in fact, under my plan, taxes for 100 million Americans will actually be cut, including $6,000 a year for young couples for the first year of their child's life, in a tax cut, a tax credit essentially, by expansion of the Child Tax Credit.” “[Trump] lost manufacturing plants. Ask the auto workers how he lost auto plants. We have grown over 20 new auto plants.” “[Trump] has an agenda that would include making it more difficult for workers to earn overtime, an agenda that would include cutting off access to small business loans for small businesses [...] Top economists in our country, from Nobel laureates to people at Moody's and Goldman Sachs have compared my plan with his and said my plan would grow the economy, his would shrink the economy. Some of them have actually assessed that his plan would increase inflation and invite a recession by the middle of next year.” “So the facts remain that Donald Trump has a history of taking care of very rich people. And I'm not mad at anybody for being rich, but they should pay their fair share. But tax cuts for the billionaires and the top corporations in our country and then not really paying much attention to middle-class families. My perspective on the economy is, when you grow the middle class, America's economy is stronger. And there's empirical evidence to prove my point correct.” ###

Tennessee ranks as the #8 State for Business in 2024, according to CNBC! Our economy excels with a #3 ranking for economic performance and a #7 ranking for infrastructure. We're also a top state for workforce quality and business costs. Learn more about how Tennessee is shaping up as a business leader: https://loom.ly/YJ4ITDo

🌟 Here’s a snapshot from our impactful panel discussion at the National Urban League’s 2024 Conference: “Dollars and Sense: The Future of Jobs & the Power of the Black Dollar.” 🌟 I had the privilege of moderating a conversation with an incredible lineup of speakers and panelists: • Alaysia Black Hackett , Chief Diversity and Equity Officer, U.S. Department of Labor • Karen R. Jenkins President & CEO, KRJ Consulting, LLC • Melissa Reaktenwalt MBA, CSRIC™, AIF®, Founder & Advisor, EViE Financial Group • Ash Cash Exantus (Ash Cash), Financial Advisor, Budget Like A Boss • Tony Coles President, Multi-Cultural Business and Development; President, Black Information Network We delved into the critical topics of economic empowerment, workforce of the future, financial literacy, and the power of the Black dollar. The insights shared were inspiring and reinforced the importance of collective action. As we move forward, let’s remember: • Economic empowerment is a journey we take together. • The upcoming presidential election will shape our ability to seize opportunities discussed today!! • Get out and vote. Register others to vote. Stay engaged. Together, we can reshape the financial landscape and create a more equitable future. Thank you to everyone who participated and contributed to this powerful conversation! 💼💪🏽 #NULCONF24 #BusinessBoostSociety #EconomicEmpowerment #FinancialLiteracy #GetOutAndVote #StayEngaged

🏛️ U.S. Secretary of Treasury Janet Yellen visited MAC last week to speak with President & CEO Katie Kirkpatrick and business leaders around the region. 📈 Georgia is ranked 4th in the nation for job creation. 🧑🏭 Georgia has nearly 5 million jobs. Watch the video to learn more from MAC's Chief Economist, Jerry D. Parrish, Ph.D. Parrish.