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Community banks trade group asks Trump Administration to curb fair lending enforcement

CFPB Monitor

The Independent Community Bankers of America issued a statement calling on the Trump administration “to rein in the overzealous application of fair lending laws.” Requiring community banks to expand their market presence into neighboring counties would force them to alter their model and sound business practices.”

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The Fed’s ELE Tool for CECL: What It Is and Isn’t

Abrigo

And while regulators said some institutions would find the ELE tool useful for CECL, they acknowledged it did not represent a preferred method of regulators or a “safe harbor” method for GAAP compliance. CECL Regulation. CECL Regulation. They said it would not change examiner reviews of CECL allowance components.

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Education: By Popular Demand

Independent Banker

The demand for professional development opportunities for community bankers has never been greater. Last year Community Banker University’s eight certification programs provided more than 4,000 community bankers with highly tailored training.

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Digital Dodge

Independent Banker

E-signature is a hot technology now in the industry; many community banks are adopting the technology to keep pace with consumer demographic preferences. If your community bank hasn’t already looked into using e-signatures, now is a good time to start. By Mark Pfeifer. in the required locations.

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Washington Watch

Independent Banker

That is why we are calling on regulators to make the most of the latest mandatory review of federal banking rules. The agencies are required to study their regulations for dead weight every 10 years under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Community Bankers Chosen as CFPB Advisors.

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Claim: Racial Disparities Rampant in Three Midwest Metro Areas

American Banker

Louis, Milwaukee and Minneapolis metropolitan areas, the National Community Reinvestment Coalition said. Mortgage originators aren't lending enough to people of color or the poor in the St.

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Digital Signatures Today

Independent Banker

Today, many community banks are exploring how to “go paperless”—whether for cost reasons, a better customer experience or a deliberate outreach to a younger, technology-oriented demographic. Easier access and affordability of digital signature creates an opportunity for growth-oriented, competitive community banks.