March 2018

finance issue, typically the community manager would contact the treasurer on the board. For landscaping, snow removal, and athletic amenities, there are usually board members with assigned seasonal responsibilities. It seems everyday the community man- ager faces a myriad of issues from the simple to the complex that requires on-the-spot judgment calls. Like board members, each community manager has their own decision-making style and the board has to respect that as long as they conduct themselves in a professional manner. In addition to working closely with board members on diverse issues facing the community, the community manager is responsible for coordinat- ing with the vendors that service the community. Projects large and small

Our dedicated experts understand the needs of community associations.

Popular Association Banking serves the community association industry exclusively. We offer: • Financing for building repairs & capital improvements • Competitive fixed rates with terms up to 15 years Plus, your deposits are eligible for multi-million dollar FDIC insurance with ICS ® and CDARS ®1 . Contact our Mid-Atlantic

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Subject to credit approval. 1. ICS ® and CDARS ® are registered service marks of Promontory Interfinancial Network, LLC. ©2018 Banco Popular North America. Member FDIC.

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