Jeff Barnett Managing Director Business Services, First Citizens Bank As Managing Director for First Citizens Bank, Jeff leads the strategic growth and management for the Community Association Division of First Citizens. Jeff utilizes his 26 years’ experience in the financial sector to provide first-rate service to community association management companies and their associations. He leads the teams that collaborate with community associations daily to secure their deposits and obtain financing for community projects. Over Jeff’s tenure, he was instrumental in leading significant growth in commercial deposit and lending relationships and was the Market President in San Diego, prior to moving to Colorado. Jeff has served on the Board of Directors for the National Investor Relations Institute, The Poway Center for the Performing Arts as well as the CONNECT organization in San Diego. Before entering the workforce, Jeff was proud to serve his country for six years as an active-duty Marine involved in Desert Storm and Desert Shield in the Gulf War. First Citizens Bank’s Community Association Banking business is a national leader in providing individualized service, customized technology, smart savings solutions and operational efficiency for homeowner associations (HOA) and community association management companies nationwide. The business’ banking solutions include operating and reserve accounts, certificates of deposit, money market accounts, online banking, payments services and HOA loans. First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Founded in 1898 and headquartered in Raleigh, N.C., we provide a unique legacy of strength, stability and long-term thinking that has spanned generations. For more information on Community Association Banking, see www.firstcitizens.com/CAB. First Citizens Bank, Member FDIC Credit is subject to bank approval. This information is provided for educational purposes only and should not be relied on or interpreted as accounting, financial planning, investment, legal or tax advice. First Citizens Bank (or its affiliates) neither endorses nor guarantees this information, and encourages you to consult a professional for advice applicable to your specific situation. First Citizens Bank and its affiliates are not responsible for the products, services and content for third party vendors. Any and all third-party trademarks, logos, and service marks referenced herein remain the property of their respective owners.
For HOA boards and homeowners, financing is not just a funding mechanism, it can be a strategic tool for managing community investments responsibly. Rather than relying solely on reserves or imposing special assessments, financing can provide a balanced approach that helps preserve long-term financial stability while minimizing immediate homeowner impact. Thoughtfully structured loans can enable […]
Join CAI’s online community for access to the industry’s most in-demand community association resources.
Thousands of your peers are sharing advice.