Dec 2024

SERVICE WORKERS RETENTION ACT... from page 30.

Talk to us about your association’s financial needs. We can help.

Popular Association Banking exclusively serves the community association industry. We offer: • Financing for building repairs and capital improvements. 1 • Competitive fixed rates with terms up to 15 years. • Access to multi-million-dollar FDIC deposit insurance coverage with ICS® and CDARS®. 2

necessity for clear communication of performance expectations and man agement strategies. Furthermore, the law has garnered attention for its potential to impose rigorous protocols on property owners and service con tractors, with concerns raised about its implications on operational efficiency and union relations. It’s essential for both previous and new contractors to maintain clear expectations for work quality, offer ing proper training and perfor mance monitoring. While ensuring that employees meet these standards might require additional time and effort, it’s crucial to address underper-

Contact our Mid-Atlantic Relationship Officer today! David Shahrabani, VP 917.656.1156 Toll-free: 800.233.7164 DShahrabani@popular.com

www.popularassociationbanking.com

1. Subject to credit approval. 2. Terms and conditions apply. CDARS and ICS are registered service marks of IntraFi Network LLC. © 2024 Popular Bank. Member FDIC.

CONTINUES ON PAGE 53

32

DECEMBER 2024