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41

A P R I L , 2 0 1 8

Subject to credit approval.

1.

ICS

®

and CDARS

®

are registered service marks of Promontory Interfinancial

Network, LLC. ©2018 Banco Popular North America.

Member FDIC.

www.associationbankers.com

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

Relationship Officer:

David Shahrabani, V.P.

917-656-1156

Toll-free: 800-233-7164

DShahrabani@popular.com

CONT I NU E S ON PAGE 42

every 4-5 years, but it also puts a

structured painting or staining plan

in place for years ahead. This often

frees up time for managers to focus

on other important community matters.

It is important to note that while many

community boards identify painting

or staining schedules as a valuable

service for their association, not all

communities choose to actually imple-

ment it. It’s more practical to paint or

stain all buildings in one year when

communities are relatively small and

the budget allows for it. In addition,

there are some instances when board

members have a personal preference

of wanting the entire community paint-

ed at once.

When deciding how many coats of

paint or stain to apply while project