February 2024

TIME LINE... from page 24.

Following the history of community associations from ancient Rome until today, it is this form of living clearly remains on an explosive upward trajectory. In New Jersey alone, there are approximately 1,460,000 res idents in CICs spanning 545,000 units as well as 49,300 volunteers on boards, providing the equivalent of $51.3 Million in volunteer services. With the prevalence of CICs, CAI-NJ is more important than ever, serving as an information, education, and advocacy hub for residents, vendors, and CIC interests throughout the state and beyond. n

COMMUNITY ASSOCIATION BANKING Your experts in the HOA industry.

With First Citizens Community Association Banking, formerly part of the bank’s CIT division, you can count on continued service from the experts you know. And as one of the nation’s top 20 banks, we offer market-leading products matched with innovation and award-winning 1 technology to help you grow your business. Your community association management company deserves no less than a financial provider that can bring you the scale, service and capabilities you need to stay ahead.

Nicole Skaro, VP, Regional Account Executive nicole.skaro@firstcitizens.com | 908-524-8741

firstcitizens.com

1 We received a 2022 FinTech Breakthrough Award for Best B2B Payments Platform. © 2023 First-Citizens Bank & Trust Company. All rights reserved. MM#13544

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FEBRUARY 2024