WEBINAR: Do You Really Need a Bank? What Alternatives Are There?

Stopping by your local bank branch, while picking up groceries and dry cleaning used to be a part of Americans’ everyday routine. Now, many routines have changed, and how we bank is one of them. A local “brick and mortar” branch is no longer the norm for many. Online banking, mobile devices, third-party payment platforms, and credit unions are now commonplace.

Join Baltimore-Washington Financial Advisors and David Woodruff, President & CEO of APL Federal Credit Union for a discussion on banking alternatives and how to simplify your cash management.


APRIL 18, 2024

11:45 AM – 1:00 PM

Topics will include:

      • Are you paying too much for check writing, ATM/debit cards, credit cards, bill-pay, FDIC insurance?
      • Better cash management solutions to improve your returns and lower your fees.
      • How much should you have in savings? Do you have too much? Why is too much bad?
      • Are you using the equity in your investment portfolio for debt management?
      • Do your banking and investing at the same institution, it’s easier and more convenient.
      • How consolidation of your financial institutions may improve your performance.
      • Why a credit union might be more cost effective and deliver better service.
      • What tools and assessments can BWFA run for individuals to evaluate these issues?


Managing Director, Wealth Management & Executive Manager


President & CEO

APL Federal Credit Union


David joined APL FCU in March 2019 as President/CEO. With more than 35 years of experience working in financial institutions, including over 27 years serving in credit unions. David considers himself a champion of cooperative credit union values and ideals. His career has taken him from California to Washington, Virginia, New Mexico and now Maryland. He holds a Bachelor of Arts degree from Brigham Young University and has completed a number of other executive leadership courses over his career. He is a graduate of Leadership Howard County Class of 2020 and currently serves on the Howard County Board to Promote Self-Sufficiency as well as Treasurer for the Association of Community Services. He also enjoys serving as a mentor in the Ohana HC program. David and his wife, Lynnae, have three children.

We hope you can join us!


Robert G. Carpenter

President & CEO

BWFA is a Fee-Only/Fiduciary Advisor.

For questions or help registering, please contact

Cortney Caronna, Marketing Associate | emailus@bwfa.com | 410-461-3900