Interview: Matt Hames, CTFA, CEO of Acru Wealth

Matt Hames, CTFA, CEO of Acru Wealth joins “Money Talks” to discuss how Acru’s parent bank was taken into receivership by the Federal Deposit Insurance Corporation (FDIC). The FDIC closed First Cherokee State Bank on July 20, 2012, in an effort to protect customer assets. This was a result of the bank’s capital position. The bank was acquired by Community & Southern Bank, which means that Acru Wealth has a new owner.

Disclosures

This article is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are intended for general information purposes only. Information provided should not be the sole basis in making any decisions and is not intended to replace the advice of a qualified professional, such as a tax consultant, insurance adviser or attorney. Although this material is designed to provide accurate and authoritative information with respect to the subject matter, it may not apply in all situations. Readers are urged to consult with their adviser concerning specific situations and questions. This is not to be construed as an offer to buy or sell any financial instruments. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future profitability or expectations. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing. Henssler is not licensed to offer or sell insurance products, and this overview is not to be construed as an offer to purchase any insurance products.