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Creating A Strong Banking Relationship!

Creating A Strong Banking Relationship!

FromThe Nonprofit Show


Creating A Strong Banking Relationship!

FromThe Nonprofit Show

ratings:
Length:
30 minutes
Released:
Jun 15, 2023
Format:
Podcast episode

Description

Pamela Keefe and Mario Muzurovic, bankers with extensive experience working with nonprofits, discuss the relationship between banks and nonprofits. Pamela Keefe is the Vice President of Nonprofit Relationship Management at the National Bank of Arizona, while Mario Muzurovic serves as a Vice President of Commercial Banking focusing on Nonprofits. The conversation delves into the dynamics of the relationship between banks and nonprofits. Pamela and Mario discuss the importance of open communication, trust, and mutual respect. They highlight the need for nonprofits to be proactive in their engagement with banks and express the banks' commitment to supporting nonprofits beyond just financial transactions. Both bankers stress the significance of understanding the specific needs of nonprofits and providing tailored solutions.With host Julia Patrick, the three address the misunderstood question of whether banks want nonprofit clients. Both Pamela and Mario affirm that banks are eager to work with nonprofits and provide them with various resources and tools. Pamela mentions that the National Bank of Arizona created nonprofit banking 15 years ago, offering dedicated accounts and services for nonprofits. Mario explains the different financial products and services available to nonprofits, including FDIC protection, low requirement checking accounts, commercial cards, and nonprofit financing options.The interview also touches upon the involvement of bank leadership in nonprofit boards. Pamela and Mario emphasize the importance of leadership participation and community engagement. They share their personal experiences of being on nonprofit boards and discuss the benefits and challenges associated with it.Both Pamela and Mario highlight the qualities of a good customer-banker relationship. They emphasize the importance of communication, passion, trust, integrity, and a commitment to mutual growth and success. They encourage nonprofits to view banks as partners and advisors, rather than simply financial institutions, and banks to proactively support nonprofits beyond traditional banking services.Watch on video: https://bit.ly/3Ph5p6eThe Nonprofit Show is the ultimate resource for anyone seeking to make a meaningful impact, bringing together leaders and professionals from the nonprofit and social impact sector in fast-paced, 30-minute episodes featuring a wide range of expert guests. From money management to mission-critical topics, TheNonprofitShow.com offers the information and strategies you need to succeed.Follow us on the Twitter: @Nonprofit_ShowSend us your ideas for Show Guests or Topics: HelpDesk@AmericanNonprofitAcademy.comVisit us on the web:The Nonprofit Show
Released:
Jun 15, 2023
Format:
Podcast episode

Titles in the series (100)

The Nonprofit Show is the daily live broadcast where our national nonprofit community comes together for problem solving, innovations, and reflections to foster greater social impacts.  Each day the hosts and their guest experts cover relevant topics, from money to management to missions, with fresh thinking and ideas to help you and your nonprofit amplify your social impact and better achieve your mission, vision and values. //Join in with The Nonprofit Show Co-Hosts Julia C. Patrick, CEO of The American Nonprofit Academy and Jarrett Ransom, The Nonprofit Nerd and CEO of The Rayvan Group.   Watch or listen to The Nonprofit Show for new knowledge and amazing inspirations.  Connect with nonprofit and social impact experts from across the globe. More details . . . https://bit.ly/34yEYk1 //Signup to watch the Live video broadcast of The Nonprofit Show and receive a show time reminder: http://bit.ly/3nxnADf // The Nonprofit Show is a production of the American Nonprofit Academy http://bit.ly/2LsVonu