Capital, Compliance, FDIC and Lending - Community Banking Brief

FDIC Releases Formal and Informal Enforcement Actions Manual

Abrigo

DECEMBER 13, 2019

The FDIC released a manual on Formal and Informal Enforcement Actions. The FDIC released its manual on Formal and Informal Enforcement Actions. For the first time, the FDIC released its manual on Formal and Informal Enforcement Actions to provide greater transparency to those processes. Key Takeaways.

FDIC

FDIC Regulation Capital Lending

Trade Groups Say “No Thanks” to Notion that FDIC Should Consult CFPB Before Approving Bank Mergers

CFPB Monitor

JUNE 13, 2022

One issue raised in the RFI is “to what extent should the CFPB be consulted by the FDIC when considering the convenience and needs factor and should that consultation be formalized?”. Whether the FDIC finds these arguments persuasive is yet to be seen.

FDIC

FDIC Groups Community Meeting

Compliance burdens: Reducing bank products and services

Abrigo

AUGUST 3, 2015

According to a recent survey by the American Bankers Association (ABA), more than 46 percent of respondents had to reduce offerings for loan or deposit accounts, or other services, at their bank because of regulatory compliance burdens. The news isn’t all bad for community banks, though.

Compliance

Compliance Community Bank Community Survey

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

MORE WEBINARS

The State of Liquidity & Regulation in Banking

South State Correspondent

APRIL 1, 2023

Deposit outflows for the prior week were revised upwards to show a combined decline of $64B, including $185B from community banks—the Fed included a notice with the release stating that data for the week ending March 15 were revised to account for a change in how FDIC bridge banks were incorporated into the community bank data.

Regulation

Regulation Community Bank Community Capital

Fintechs Face Difficult Regulatory Realities on Charters

Bank Innovation

APRIL 25, 2019

. — Fintechs are having trouble facing reality when it comes to obtaining bank charters, FDIC Chairman Jelena McWilliams and Comptroller of the Currency Joseph Otting said here at the FDIC’s Fintech and the Future of Banking conference on Wednesday.

Fintech

Fintech FDIC Washington Conference

CFPB and federal banking agencies issue joint statement encouraging small-dollar loans in response to COVID-19 outbreak

CFPB Monitor

MARCH 26, 2020

The CFPB, OCC, FDIC, Federal Reserve, and NCUA have issued a joint statement “to specifically encourage” banks, savings associations, and credit unions “to offer responsible small-dollar loans to both consumers and small businesses” in response to the COVID-19 outbreak. For example, what rates will the agencies view as “responsible”?

FDIC

FDIC Lending National Examples

Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

AUGUST 6, 2021

according to FFIEC and FDIC data. Community banks are critical to ag lending and small business lending. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management. In the recent publication, Community Banks’ Ongoing Role in the U.S.

Community Bank

Community Bank Community Kansas City Lending

Regulation and Compliance: Ready for Review

Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”.

Compliance

Compliance Regulation Community Bank Community

Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

DECEMBER 10, 2023

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. Total return includes two components: capital appreciation and dividends.

Fresno

Fresno North Carolina Raleigh FDIC

Independent Loan Review & Credit Risk Review System Objectives

Abrigo

AUGUST 8, 2021

The Federal Reserve, the OCC, the NCUA, and the FDIC repeatedly pointed out that the nature of loan review or credit risk review at a given bank or credit union will vary. Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions. Reviewing lending staff’s risk ratings.

System

System Lending Policies Regulation

Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

National

National blockchain Montana Lending

Who were ICBA’s Top Lenders of 2022?

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. Ag lending in the South: Relationships matter. It also indirectly benefits our lending business.

Community Bank

Community Bank Community National Philadelphia

CECL implementation: Survey shows where peers are as 2023 nears

Abrigo

NOVEMBER 9, 2022

The Q1 2023 compliance date is near for smaller SEC-reporting financial institutions and private or not-for-profit banks and credit unions, and progress is decidedly mixed, according to the Abrigo 2022 CECL Survey. Banks regulated by the Federal Reserve, the OCC, or the FDIC made up the bulk of institutions represented by survey-takers (73%).

Survey

Survey Software Resources Meeting

Banking's Top 5 Total Return to Shareholders: 2022 Edition

Jeff For Banks

DECEMBER 16, 2022

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. In their investor deck they told shareholders that the efficiency ratio was likely to gradually rise to 50% as they continue to invest in people, technology, and capital projects. MetroCity Bankshares, Inc.

Puerto Rico

Puerto Rico Virgin Islands Community Community Bank

Fighting Digital with Digital

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. FDIC-insured deposits largely solve this problem for banks. Competing and beating FinTech’s digital-platform lenders.

Community Bank

Community Bank Community Lending FDIC

LendingClub Settles With SEC, DOJ

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. Attorney Alex Tse. “We The Response.

Lending

Lending Fraud Management San Francisco

Signaling Caution

Independent Banker

FEBRUARY 24, 2016

A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. Community banks that are growing their CRE lending will be a focus of examination activity in 2016, adds the regulatory statement. Responsible lending. Two recent speeches by U.S.

Community Bank

Community Bank Lending Community Regulation

The OCC’s CRA final rule: changes and highlights

CFPB Monitor

JUNE 25, 2020

The final rule is effective October 1, 2020 but sets mandatory compliance dates based on the applicable performance standards. Until compliance with the final rule, national banks and federal savings banks must comply with the OCC’s current rule. These banks conduct a majority of all CRA activity in the United States.

Community

Community Lending Meeting Retail

Real Estate: Love it or hate it?

Jeff For Banks

JUNE 24, 2010

Economists and government officials continue to cite lack of lending activity as a key contributor to our economic malaise. Much of the standoff revolves around real estate secured lending. A bank this regulator examined was increasing the level of CRE on its books beyond the 300% of capital target. Would your bank lend to Ted?

Lending

Lending FDIC Regulation Regional

Bankers: Is your strategy the same as your competitor?

Jeff For Banks

MARCH 29, 2014

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. The amount of deposits available to us while maintaining full FDIC insurance protection for our trust customers has consistently exceeded $30 million for the last three years. Texas Capital Bancshares, Inc.

Strategy

Strategy Texas San Antonio Fort Worth

The most popular CECL, ALM, & portfolio risk blogs of the year

Abrigo

DECEMBER 22, 2023

Read this blog for ten key reports on capital, growth, and liquidity that can help financial institutions identify increased risk and shape strategy in tricky conditions. Now that it’s implemented, it’s crucial to ensure ongoing compliance and efficient management of the allowance for credit losses (ACL).

Risk Management

Risk Management Regulation Management Lending

Finovate Fall 2016 Live Blog – Day 2

William Mills

SEPTEMBER 9, 2016

Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind. International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market.

social media

social media ATM Mobile Customer Experience