South State Correspondent

MARCH 13, 2023

On the liability side of SVB’s $173B in deposits at the end of 2022, approximately 97% were uninsured and above the $250k in FDIC protection threshold. at the end of 2022, with $2.4B in adjustment (9.2%) for interest rate risk movement. The bank’s available-for-sale (AFS) portfolio was $26.1B

Risk Management 221

Risk Management Management Community Bank Community 221

CFPB Monitor

AUGUST 23, 2022

On August 19, 2022, the FDIC issued cease and desist letters to five crypto companies, alleging they made false and misleading statements about FDIC deposit insurance and demanding immediate corrective action. According to the FDIC’s press release , “[b]ased upon evidence collected., Part 328, Subpart B.

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FDIC social media cryptocurrency US 78

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Lending & Credit Risk. Portfolio Risk & CECL. Asset/Liability. Fraud Prevention. Learn More.

Community 195

Community Lending Maine Resources 195

Jeff For Banks

JUNE 2, 2023

between 2015 and 2022. According to the FDIC, the causes of the 2008-09 financial crisis lay partly in the housing boom and bust of the mid-2000s; partly in the degree to which the U.S. M&T assumed their $411 million of loans and securities with a $289 million FDIC loss-share agreement. banks failed a year.

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FDIC Community Bank Regulation Lending 78

Abrigo

FEBRUARY 8, 2024

consumers lost more than $7 billion during the first three quarters of 2023, up 5% compared to the same period in 2022. Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior. Clients should also be wary of social media scams.

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Fraud Resources social media Software 195