CentSai

Financial wellness need not only be a CRA checkbox. #FinancialLiteracy #banking CentSai Midwestern Securities Anne Schutt 🌺

CentSai is proud to be pointed out as a favorite fintech solution in Industry Favourites: Emerging Ethical Fintech Solutions by Francis Bignell, which appeared in The Fintech Times on Tuesday. Learn more: https://lnkd.in/eYS8QP6M #social #ethical #emerging #fintech #FinancialWellness #FinancialLiteracy #EconomicOpportunity

The Community Reinvestment Act (originally introduced in 1977 by U.S. banking regulators) has always served as a crucial framework for banks to support their communities effectively. The latest 2023 update, unveiled last month (https://lnkd.in/etwi8-xW) heralds a transformative era, finely tuned to the complexities of modern banking and community needs. It's more than a regulatory shift; it's a strategic evolution. Here’s an overview: Asset Size Revisions: The new thresholds redefine the landscape for small, intermediate, and large banks, offering both challenges and opportunities to redefine their community roles. Strategic Planning: Banks now have the leverage to be assessed against a personalized strategic plan, reflecting their unique commitments, including in the realm of financial literacy. Community Development with a New Focus: A robust emphasis on community development underscores initiatives that support not only physical infrastructure but also the intellectual foundations of economic success. Data-Driven Insights: Enhanced data collection mandates ensure that banks' impacts are measurable, transparent, and directly aligned with community advancement. Within this framework, financial literacy emerges as a cornerstone—a tool of empowerment and a strategic imperative. Recognizing its unparalleled role in equipping individuals with the knowledge to manage finances effectively, the CRA positions financial literacy at the heart of community development. CentSai champions this vision, offering bespoke financial literacy solutions that enable banks to fulfill this vital aspect of the CRA. Our expertise in creating engaging educational content and programs, as well as our partnerships, align perfectly with the spirit of the CRA—empowering communities through knowledge. Let’s build a legacy of financial empowerment. Federal Deposit Insurance Corporation (FDIC) Office of the Comptroller of the Currency Federal Reserve Board Christina Sandy Laura Shean Bill Kroll Robert R (Bob) Jones Kevin D. Wright 🌎Ben Soppitt Derrick Wesley Richard Ciarletta Zachary Johnson Andrew Shooks Rob Danielson Unifimoney #communityreinvestmentact #banking #financialeducation #communitybanking #financialempowerment #bankingwithpurpose

https://lnkd.in/gBsX25vR One of the main reasons for including educational content on a financial institution's website is to educate customers about various financial products and services. #financialliteracy #financialeducation #centsai

https://lnkd.in/g6_7b6SE The debate about whether Financial Advisors need to be actively posting on LinkedIn is over. Let CentSai make the process easy for you. #centsai #centsaione #onlinemarketing #financialadvisors

https://lnkd.in/g6_7b6SE Most Financial Advisors have a LinkedIn account, but many are not getting the full value from it. Here are a few steps to help you raise your game. #financialadvisors #onlinemarketing #centsai

https://lnkd.in/e6G2A-PA The leading daily in Texas provides insightful commentary on the growing acceptance of financial literacy in American classrooms including in Texas. It marks a significant milestone for the teaching community, with the anticipated demand for qualified educators in this field. However, equally crucial is the engagement of today's K-12 students in financial topics and their ability to involve their families in this journey. Maintaining engagement and continuity will be pivotal in achieving success. CentSai and its partner, Seedlyng Financial Education, are committed to this cause. Derrick Wesley Richard Ciarletta Fernell Hogan Ethan Robson Christina Sandy Craig Getchell Andrew Shooks Laura Shean Michelle Turner Region 10 ESC Doria Lavagnino Roy Chan Jana Lynne Sanchez #financialliteracy #financialeducation #financialwellness

https://lnkd.in/gZH-vq5m Women are often left behind when it comes to financial education. So where do you even start? #financialliteracy #financialeducation

#FinancialLiteracy #learning #knowledge #FinancialGrowth #PersonalGrowth #FinancialPlanning #CentSai #FinancialWellness

When I graduated from college back in the dark ages, I was convinced equal rights had happened, women were liberated and it was all smooth sailing. Then I landed on Wall Street to discover 99% men and 1% me and had to figure out the great equalizer. For me, that super power was communication, so I became a great listener and developed my problem solving skills. It’s amazing what you can accomplish when clients tell you what they need. I also got super lucky and landed a job at Fidelity Investments where training and employee empowerment are prioritized so I was schooled from the get go in savings, planning, negotiation and other fundamentals of financial literacy. Now that I'm in the field of financial literacy, I often reflect on how much better it would have been to have learned these skills in school. I'm proud of the impact CentSai is having in K-12 education with our formidable literacy programs and I that includes the knowledge parents are gaining about financial literacy while helping their kids with homework. Financial wellness makes a difference for all, particularly underserved segments of the population and while the process is slow (only 21 states have mandated financial literacy curricula to date) progress is being made. Empowering clients with the knowledge and skills to achieve their financial goals is, if I may say, the noblest of undertakings. As always, if you have any questions or would like to know more, feel free to reach out to me. Christina Sandy Director of Business Development