Abrigo

JANUARY 17, 2024

Takeaway 2 AML staff should recognize human trafficking red flags and know their customers well to help detect suspicious activity in their communities. One issue that hurts people and communities everywhere is human trafficking, and January is Human Trafficking Awareness Month.

Training 259

Training Community Software Texas 259

Independent Banker

JUNE 30, 2022

But there are ways community banks can help mortgage-seekers get on the property ladder. I don’t think the issue is a lack of financing alternatives,” says Ron Haynie, ICBA’s senior vice president of mortgage finance policy. year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR).

Community Bank 143

Community Bank Community Millennials Resources 143

Independent Banker

NOVEMBER 30, 2022

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Grand Ridge National Bank.

Community Bank 169

Community Bank Community Montana Leadership 169

CFPB Monitor

OCTOBER 25, 2022

Under the settlement, Rhinebeck will pay a $950,000 civil money penalty, provide restitution to borrowers, and develop a compliance plan which includes updates to its auto policies to cap dealer markups on installment contracts purchased by the bank. to 2.5% (and up to 3%, in a small number of cases) depending on the term of the contract.

New York 78

New York Lending Community Bank Community 78

Abrigo

MAY 8, 2024

Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence. Abrigo Small Business Lending Intelligence powered by Charm provides loan rating risk scores, the probability of default, and how the score was calculated.

Examples 221

Examples Fraud Resources Risk Management 221

Independent Banker

JUNE 30, 2022

A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. David, Community Bank Consulting Services, Inc.

Lending 103

Lending Strategy Community Bank Community 103

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

Community Bank 164

Community Bank Community Texas Leadership 164

CFPB Monitor

OCTOBER 4, 2022

The key allegations in the DOJ’s complaint are the following: During the relevant time period (2015-2021), the Newark, New Jersey-Pennsylvania Metro Division (Newark MD) as delineated in 2015 included Essex, Somerset, Union, Sussex, and Morris counties in New Jersey (Newark Lending Area). unlikely to be caused by chance) and sizeable.

New Jersey 147

New Jersey Lending Community National 147

Abrigo

AUGUST 30, 2016

According to Sageworks’ Bank Information resource there are nearly 12,000 community banks and credit unions across the United States. Last week Hillary Clinton released her plan to support community banks and credit unions. To learn how you can build a relationship-based lending framework, read Doing More for Business Borrowers.

Community Bank 150

Community Bank Community United States Policies 150

South State Correspondent

AUGUST 21, 2023

However, that publication, directly and indirectly, identified three discrete risks affecting community banks. We will outline what we think community bankers should glean from this publication. Risks to the Community Banking Sector Moody’s identified three risks to the banking sector, including risks to community banks.

Community Bank 195

Community Bank Community Capital Analysis 195

CFPB Monitor

JANUARY 24, 2022

SoFi) to create SoFi Bank, National Association (SoFi Bank, N.A.), as a full service national bank headquartered in Cottonwood Heights, Utah. The bank will also provide a fully digital, mobile-first national lending platform for consumers across the country.

National 78

National Fintech Company FDIC 78

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Critical capital Should CRE lending be off the table? But that might not be the best move for your financial institution or your community.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

NOVEMBER 26, 2018

National economic policy has China cracking down on its shadow banking market, which has also exacerbated small businesses’ struggle to access financing, analysts said. However, analysts said these initiatives are likely to take some time to make an impact on the SMB community.

Lending 129

Lending Analysis Resources Policies 129

PYMNTS

FEBRUARY 7, 2019

Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. However, the impact of the tax reform on the small business community is not clear, particularly so soon after the reform came into effect.

Taxes 122

Taxes Lending National New York 122

Abrigo

JULY 23, 2015

But community banks’ resources are generally less of their larger counterparts, so beginning, keeping up with or expanding stress testing can be a burden. The authors recommended a four-step process for community banks to develop a sound stress testing program: 1. Understand your portfolio and its risk factors. Ensure proper data.

Community Bank 150

Community Bank Community Data Resources 150

CFPB Monitor

NOVEMBER 7, 2019

On October 29, 2019, the House Financial Services Subcommittee on Oversight and Investigations held a hearing to explore the issue of lending and housing discrimination against members of the LGBTQ+ community. Dr. Kerith Conron, Research Director, Williams Institute on Sexual Orientation Law and Public Policy at UCLA School of Law.

Lending 60

Lending Community Iowa Policies 60

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion.

Policies 60

Policies Lending Data Online 60

Independent Banker

SEPTEMBER 21, 2015

Greater uncertainty wins as the Supreme Court upholds statistical evidence in fair lending claims. Supreme Court, it is, and the high court’s recent ruling to that effect is likely to affect community banks, their regulatory examinations and their potential exposure to fair lending lawsuits. lending compliance.

Lending 70

Lending Community Bank Policies Community 70

Abrigo

MAY 5, 2022

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Main Street Banking: A Podcast for Community Bankers 8. And all release a new episode at least monthly. NextGen Banker 10.

Community 195

Community Lending Maine Resources 195

CFPB Monitor

OCTOBER 26, 2021

The Biden Administration’s prioritization of fair lending as a law enforcement focus took center stage last week with the announcement that the U.S. Attorneys’ Offices “as force multipliers to ensure that fair lending enforcement is informed by local expertise on housing markets and the credit needs of local communities of color.”.

Mississippi 78

Mississippi Memphis National Tennessee 78

CFPB Monitor

MAY 7, 2020

The CFPB’s annual fair lending report covering its 2019 activities is scheduled to be published in tomorrow’s Federal Register. The Bureau states that an area of innovation that it is monitoring for fair lending and credit access issues is “artificial intelligence (AI), and more specifically, machine learning (ML), a subset of AI.”

Lending 78

Lending Report FDIC Policies 78

FICO

JANUARY 5, 2023

Policy Predictions for Financial Services Companies. I suspect Yogi would be disappointed to know that after many years of writing a year-end public policy predictions blog post, I am no longer aware of my batting average. Some BNPL firms already are providing disclosures mandated by the Truth-in-Lending Act. Four 2023 U.S.

Policies 52

Policies Company Regulation Risk Management 52

South State Correspondent

FEBRUARY 22, 2024

For example, at present, return on equity performance is about 12% for the average community bank. You can’t develop lending expertise overnight. A three-year time horizon isn’t long enough if say you want to take your lending platform nationally such as specializing in lending on robotics. Why is that?

How To 195

How To Strategy Capital Lending 195

CFPB Monitor

NOVEMBER 22, 2021

At an industry fair lending conference last week, officials from the U.S. Department of Housing and Urban Development (“HUD”) outlined fair lending priorities for their agencies. along racial, ethnic and national origin lines. along racial, ethnic and national origin lines.

Conference 78

Conference Lending Industry Regulation 78

PYMNTS

SEPTEMBER 30, 2020

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. That last measure aims to ensure that banks lend money and provide banking services to underserved and minority consumers.

Regulation 349

Regulation National System Industry 349

PYMNTS

JANUARY 29, 2018

In fact, according to the SBA’s latest report , corporate finance has largely bounced back in the nation — but small businesses aren’t seeing much of that recovery. There’s been a big rebound in lending to big businesses, but there’s been a very small recovery in lending to small businesses,” said Rebel Cole, Ph.D.,

Lending 116

Lending Florida Report Community Bank 116

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

PopularBank

DECEMBER 7, 2022

Building inspections are required for community buildings in all 67 counties in Florida that are three or more stories in height. All community associations, regardless of size or location, must adequately fund reserves pursuant to the reserve study required. Consider contingency lines of credit as a lending option.

Community 52

Community Florida Study ATM 52

CFPB Monitor

SEPTEMBER 11, 2020

Supreme Court’s 2015 decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc., These elements are designed to harmonize the existing burden-shifting test with the safeguards against “abusive” disparate impact claims discussed in Inclusive Communities.

Community 78

Community Policies Examples Groups 78

PopularBank

MAY 24, 2024

By Andrew Boland – Director of National Healthcare Financing, Popular Bank A minimum staffing standard for nursing homes across the country was unveiled last month, raising concerns from operators and industry leaders over the impact the mandate will have on their ability to maintain adequate access to long-term care. Stay informed.

Operations 52

Operations Training Community Meeting 52

CFPB Monitor

JULY 8, 2019

The CFPB’s annual fair lending report covering its 2018 activities was published in today’s Federal Register. In addition to discussing the symposium and Data Point report in the section on “Access to Credit,” the new fair lending report discusses conducting supervisory reviews of alternative credit scoring models.

Lending 60

Lending Report Policies Compliance 60

PYMNTS

FEBRUARY 13, 2019

Banks are finding it easier to merge since Donald Trump took office, and since federal regulators have revised policies to make the approval process faster to complete. According to The Wall Street Journal ( WSJ ), the Federal Reserve revealed that the average merger review time — with opposition from community groups — fell to 3.8

Community 148

Community Groups Policies Regulation 148

CFPB Monitor

FEBRUARY 14, 2019

” In September 2018, the Bureau proposed significant revisions to its “Policy to Encourage Trial Disclosure Programs” which sets forth the Bureau’s standards and procedures for exempting individual companies, on a case-by-case basis, from applicable federal disclosure requirements to allow those companies to test trial disclosures.

Policies 68

Policies Groups Fintech Lending 68

PYMNTS

JANUARY 12, 2020

Bush as the SBA’s deputy administrator, and was supported by the business community to head the SBA as its chief. Chamber of Commerce, the International Franchise Association, the National Federation of Independent Business (NFIB) and the National Association of Realtors. . Carranza served under President George W.

Leadership 134

Leadership Taxes National Community 134

PYMNTS

FEBRUARY 19, 2019

banking industry is in flux, largely thanks to federal policy that has made it easier (and faster) for institutions to merge. ” Other critics have raised the issue that the OCC is advising examiners to take community group concerns into consideration separately from their M&A approval processes.

Marketing 108

Marketing Community Community Bank Industry 108

PYMNTS

MAY 8, 2020

The poll was conducted by a San Francisco-based advocacy group called Small Business Majority, and its CEO John Arensmeyer has been a proponent of community grants that exist outside of the formal banking system that has controlled government aid up to this point. Most small businesses don’t have a lending relationship with a bank.

Maine 142

Maine Groups San Francisco Lending 142