HOA News

Staying updated on the latest HOA news is essential for effective community management and governance. This section offers timely articles and updates on industry developments, legislative changes, and community success stories. Learn about new laws impacting homeowners associations, emerging trends in community management, and innovative solutions to common challenges faced by HOAs and Condo associations.

By keeping up with current events and changes in the industry, board members and residents alike can make more informed decisions that benefit their communities. Whether you’re looking for insights on regulatory updates or seeking inspiration from other successful associations, this blog provides the information you need to stay informed and engaged in the ever-evolving world of HOA management.

  • Pacific Premier Bank to Merge with Umpqua Bank and Rebrand to Columbia Bank – What It Means for HOAs and Condos

    Community Financials would like to share an important update from our trusted banking partner, Pacific Premier Bank. Since 2018, Pacific Premier has been a key part of our operations, supporting our homeowner association (HOA) clients nationwide with no-fee bank accounts, easy signature card updates, check lockbox processing, fraud prevention mechanisms, visibility through software integrations, competitive…

  • Welcome Thad Clark and Chris Elmore — Expanding Our Sales Team Coast to Coast

    At Community Financials, we’ve expanded our team to serve you better. Earlier this year, we welcomed two seasoned professionals who bring decades of experience and a shared passion for helping communities streamline their financial operations: Chris Elmore, who joined in January as our Sales Director and West Coast Representative, and Thad Clark, who came on…

  • Community Financials Adds a HOA & Condo Banking Specialist to Help Boards & Managers

    When it comes to managing your association’s financials, having the right support behind the scenes can make all the difference. That’s why we added a new position.  Meet Tonjia Jackson, our dedicated Bank Liaison & Administrator. With over 38 years of experience in the banking industry—including a distinguished tenure at Truist—Tonjia brings unmatched knowledge and…

  • Community Financials Goes to CAIs 2025 National Conference & Exposition

    On May 8th and 9th 2025, Chris Elmore (Sales Director) and I joined 2,500 other attendees at the Community Association Institute Annual Conference & Exposition in Orlando Florida. This event is geared towards community managers, and the expo is packed with vendors that cater to Community Associations. I wanted to connect in person with our…

  • Corporate Transparency Act Blocked: What It Means for Community Associations

    In a significant development, the U.S. District Court for the Eastern District of Texas issued a preliminary nationwide injunction on December 3, 2024, halting the enforcement of the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirements. This ruling blocks the requirement for businesses, including community associations, to file their BOI reports…

  • Insulate Your HOA and Condo Accounting from Interruptions from Staff or Natural Disasters

    In the fast-paced world of Homeowners Associations (HOAs) and condominium operations, consistency and reliability in accounting are essential. Interruptions can arise from various factors, including staff illnesses, vacations, or unexpected natural disasters. Implementing strategic measures is crucial to protect your accounting processes and ensure smooth operations. The Danger of Limited Staffing One significant pitfall many…

  • Florida House Bill 1203: HOAs Must Provide Online Access to Community Information Coming to Your State?

    Starting January 1, 2025, Florida’s Homeowners Associations (HOAs) will face new requirements regarding online access to community information, thanks to the recently signed House Bill 1203. This legislation aims to enhance transparency and accessibility for homeowners by mandating online portals where residents can access essential documents and information. Your community may not be in Florida,…

  • CAI Board of Trustees Approves Legal Action Against Corporate Transparency Act

    Community Financials, a Business Partner member of Community Associations Institute, is pleased to share the latest information with our network. In June 2024, the Community Associations Institute Board of Trustees voted to file a lawsuit seeking an exemption for community associations from the burdensome provisions of the Corporate Transparency Act. This action further underscores the…