Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Tyreo Harrison
Are digital banks outpacing smaller financial institutions?
In our modern, digital world, the financial landscape is evolving—and fast. Today’s money moves at the speed of the Internet, which means banking isn’t what it used to be. As change sweeps through the banking sector, traditional banks—especially smaller financial institutions like community and regional banks—must understand why embracing the technology that’s reshaping the industry isn’t simply an option, it’s a necessity.
The unsung heroes of mortgage lending
In a vast—and largely digital—lending landscape, big banks and FinTechs often hog most of the financial glory. They’re more visible and have slick advertising that suggests they’re the best and safest bet for a person’s financial future. But there’s an itch larger financial institutions can’t scratch for many consumers. That’s where smaller financial institutions have an opportunity to shine.
CUInsight Weekly Minute with Linda Lafortune - September 8, 2023
Welcome to the CUInsight Minute, sixty seconds from our Director of Learning & Client Support Linda Lafortune with our favorite reads from the week. Mentioned: by BRIAN BUGG, ELAN Effective credit card program management can only happen with a thorough and ongoing examination of how changes in interest rates affect both what is owned (assets) and what is owed (liabilities).
In a digital age, smaller financial institutions must offer… lollipops?
Recent bank failures have cast an unfair light on smaller financial institutions. The shuttering of Silicon Valley Bank, Silvergate Bank, and Signature Bank in March 2023 left many account holders across the nation toiling over one burning question: “How safe is my money?” In the days following the collapse, the top 25 banks in the nation saw an influx of deposits to the tune of $125 billion while the rest bid farewell to a collective $108 billion over the same time period.
Homeowners' insurance and personal property coverage for wildfires
The 2022 Climate Survey from Policygenius found that a strong majority (72%) of young homeowners (those ages 19-34) with insurance coverage think it is somewhat to very likely that their home will sustain damage from extreme weather in the next 30 years. A further 64% of young homeowners believe they will end up moving due to climate change-related extreme weather in the next 30 years compared to just over a quarter (27%) of all homeowners.
Elevating voices: a discussion about equity and inclusion in lending
I’d like to welcome you to the first of a series of conversations I will be having with real estate and real estate lending professionals regarding diversity, equity, and inclusion within our industries. I believe strongly that inclusion and equity can be strong drivers of change in an area of lending that needs to evolve.
What High Home Prices Mean for Your Clients’ Flood Insurance Needs
This post is part of a series sponsored by SWBC. In the last two years, many homeowners have seen the value of their homes skyrocket. Between 2019 and 2020, the median price of a home only rose by $20,400, but between 2020 and 2021, it rose by $40,200. From 2021-2022, they rose over $46,700, bringing the median home price to $357,300. The average price tag for newly listed homes, which had plateaued around $389,400 in 2019, shot up to more than $443,200 in August of 2021.
Be prepared for another active hurricane season in 2022
The Atlantic hurricane season began June 1 and will run through November 30, 2022. Weather forecasters at the National Oceanic and Atmospheric Administration’s (NOAA’s) Climate Prediction Center expect 2022 to be the seventh year in a row we will experience above-average hurricane activity. They put the chances of this happening at 65%, with only a 10% chance that this will be a season with fewer than normal storms.
Everything you need to know about homeowners insurance coverage
The cost of homeowners insurance is rising in response to inflationary pressure, supply chain disruptions, and increased labor and material costs to build a home. In 2022, homeowners spend an average of $1,383 per year for $250,000 in dwelling coverage. In this blog post, we’ll answer all of your homeowners insurance questions and give you tips for saving on your policy. What does homeowners insurance protect against?
It’s been over 50 years since federal regulators passed the Fair Housing Act to ban discriminatory lending practices. Despite this, Black and Latino families are routinely denied mortgage loans at rates white families enjoy and the racial homeownership gap is wider than it’s ever been. In 2021, Black homeownership rates were at 44%, while 74% of white individuals owned a home. Homeownership is the traditional path to building wealth in America—it’s baked into the American dream.
Are your insureds prepared for an active hurricane season in 2022?
The Atlantic hurricane season begins June 1 and will run through November 30, 2022. Weather forecasters at the National Oceanic and Atmospheric Administration’s (NOAA’s) Climate Prediction Center expect 2022 to be the seventh year in a row we will experience above-average hurricane activity. They put the chances of this happening at 65%, with only a 10% chance that this will be a season with fewer than normal storms.
How melting snow can increase flood risk for your home
Many parts of the eastern coast rang in 2022 with thundersnow—that’s right, thundersnow. If you’ve never heard of it, this rare phenomenon occurs when weather patterns characteristic of a rainstorm, such as thunder and lightning, are instead accompanied by heavy snow. The same storm system was responsible for dumping more than a foot of snow across Delaware and southern New Jersey, while parts of Maryland experienced an accumulation of 15.5 inches.
How to protect your pocketbook from accidents with uninsured drivers
It happens all the time—you get hit from behind in a fender-bender and pull over to exchange insurance information—only to be met with an uninsured driver. Suddenly a relatively routine process becomes a huge pain and you may ultimately be responsible for covering the cost of repairs out of your own pocket, even if the uninsured driver was at fault. It’s beyond frustrating! Consider the following statistics about uninsured motorists in 2021: There are 28 million uninsured motorists in America.
Are you getting enough coverage with your homeowners insurance?
As your wealth grows, it’s important that your insurance protection reflects this increase in value. If you’ve enjoyed success in your career and finances in the past few years, you may have outgrown your basic homeowners insurance policy. Maintaining the proper amount of protection will help ensure you don’t have any major gaps in coverage and will minimize the likelihood of overpaying for out-of-pocket expenses if you do have to submit a claim.
What's NOT covered by flood insurance?
Did you know that most homeowners insurance policies don’t cover damage caused by floods? If you live in a high-risk flood area, most mortgage lenders will require you to purchase flood insurance through FEMA’s National Flood Insurance Program (NFIP).
10 reasons why flood insurance is a must-have for your insureds
Welcome to the 2021 Hurricane Season. If you’re just joining us, we’re already to “B” as tropical form Bill brews off the coast of North Carolina. While many of us are still reeling from last year’s record-breaking season with 30 named storms, experts are predicting another above-average showing from now through November 30.We all know that flood damage is not covered by homeowners insurance.
A winning playbook for reducing your auto insurance rate
Super Bowl Sunday is almost here! I get pretty excited about the culmination of football season, and while I’m disappointed my former team, the Green Bay Packers, didn’t make the cut, you can bet I’ll be rooting for Kansas City next Sunday. As you can imagine, I relate a lot of things in my life to football. To succeed and thrive, you need a winning playbook to guide your decision-making process.
Prevent bursting pipes this winter with these 5 tips
When the weather gets below freezing, outside water can freeze and burst exterior pipes. This can cause water damage in the home and is a costly repair! Luckily, there are steps you can take to keep your pipes warm and undamaged through the winter months. 1. Keep the temperature of outside buildings at 65 degrees.
Get more miles from your vehicle with these regular maintenance tips
Chances are, you spend a lot of time with your vehicle. It reliably gets you where you need to go, protects you and your passengers on the road—it might even have a name! Taking good care of your vehicle and keeping up with regular maintenance checks will help ensure that you get the most miles out of the life of your engine.
Winter home safety tips to keep your family safe this season
Pumpkin spice season may be in full swing, but winter is coming! As we head toward colder weather, what can you do to help ensure your home and family are safe and snug when Santa arrives? In this blog post, we’ll give you some winter home safety tips to help keep your family safe this season.
The rise of auto insurance rates and how you can avoid them
In the auto insurance world, the news of late is not good for anyone—auto insurers are making less money than they used to, and in an attempt to recoup some of their lost profits, insurers are charging higher rates for coverage. Here’s the lowdown on why auto insurance rates are rising and what you as a policyholder can do to minimize the increases. Decreased insurer profit Auto insurers make money in two ways: 1. Investment income 2.
9 life changes you should let your insurance agent know about - CUInsight
So, you have insurance. You can check that off your list, right? Wrong. If this thought has ever crossed your mind, please keep reading. While purchasing insurance is the first major step to ensuring your protection and future, insurance is one of those items that will occasionally need to be updated or revised based on certain factors that may arise. Here are nine life changes that you should let your insurance agent know about to ensure that you are properly covered. 1.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Tyreo
Contact Tyreo, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack