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How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

In today’s banking world, community banks are focused sharply on shareholders’ expectations for growth in earnings and return on equity. So, how can community banks support earnings and ROE growth in the face of intense regulatory scrutiny and competitive pressures on profitability? Changing Lending Environment. What's Next.

Lending 195
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AI fraud challenges: How to guard against losses

Abrigo

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 AI can enhance our efficiency, but financial institutions must be on guard against AI fraud. Here are several suggestions for tightening security.

Fraud 150
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10 Top Banking Podcasts You Should be Listening to

Abrigo

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. We have webinars , whitepapers , and other resources to make your job easier. Main Street Banking: A Podcast for Community Bankers 8. Banking Resources. Banking Transformed 2.

Community 195
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The role of bank directors in managing risk

Abrigo

The FDIC is offering a fresh take on how a bank’s board of directors should understand and manage risk. The regulator’s April edition of Supervisory Insights provides what the FDIC called a “refresher” on its Pocket Guide for Directors, the 1988 booklet outlining the basic duties and responsibilities of a bank’s board of directors.

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GAO notes regulations’ trickle-down effects on smaller banks

Abrigo

The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank. “For A lengthy report released recently by the U.S.

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Navigating Liquidity, Funding, and Return in the Paycheck Protection Program

Abrigo

Steve Domine, President of Minnesota Community Banking and Senior Vice President of Lending at Stearns Bank, explained during a recent Independent Community Bankers of America (ICBA) webinar that his bank sought both inside and outside counsel to understand the SBA rulings. Asset/Liability. Lending & Credit Risk. Learn More.

Lending 195
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CECL implementation: Survey shows where peers are as 2023 nears

Abrigo

In addition, as FASB officials have noted, internal and external resources become more stretched and valuable the closer the deadline. Technology can ease pressure on staffing and internal resources, a category identified by 42% of respondents as one of their biggest challenges so far. But even then, that window is closing.”

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