Is Your Bank Safe?
Seven No-Nonsense Ways Home Builders Can Find Out
Don't just fly blind with banks thinking your project and your money are safe! Download a free copy of "Top 7 Things Homebuilders Must Know to Survive a Banking Meltdown" and discover the seven secrets to identifying healthy lenders.
Are Banks In Trouble?
Based on Q2 2024 regulatory reporting, there are 1,849 banks in the United States (over 40% of all banks in the U.S.) that are violating their regulatory requirements and could be subject to regulatory actions. What happens if your bank, the bank funding your project, is one of the over 40% and they get a cease-and-desist letter from their regulatory body?
Is Your Bank One of the 40%?
Banks of all sizes are secretly in trouble, violating legal regulatory guidelines, and in eminent danger of failing. You don’t hear it because the issues are too technical for a catchy media headline. In fact, just like 2008, you won’t hear about it until it’s way too late.
How Would You Know?
Have you analyzed your bank's financials or their quarterly regulatory reports? Do you know about the three key changes in 2018 that made it almost impossible to know your bank's real numbers? Now your bank can easily obscure the truth, but not if you know where to look.
What's Your Backup Plan?
If your bank comes under regulator scrutiny are you prepared? If your bank was closed by the Fed, OCC, or FDIC tomorrow, and your cash on deposit and draws were frozen, do you have a plan? If you answer with even the slightest bit of hesitation, you may need to act fast!
An Amazing Opportunity If...
Don't depend on your banker. When regulators take action, your "relationship" is meaningless. The crazy part? This crisis is an amazing opportunity if you're prepared. If your projects are 100% cash-backed you can grow, while others deal with all the banking drama.
Protect All Your Years of Dedication and Hard Work!
Don't underestimate the potential backlash, to you and your construction business, if banks start dropping like flies. Download your free guide to learn the "Top 7 Things Homebuilders Must Know to Survive a Banking Meltdown" today!
Dr. Rebel A. Cole, Lynn Eminent Scholar and Chaired Professor of Finance at Florida Atlantic University and Special Advisor to The Federal Reserve, IMF, and World Bank.
“Builders who don’t know the true financial health of their banks are literally flying blind, and the results could be devastating if their bank comes under regulatory scrutiny.”
