Abrigo

DECEMBER 5, 2023

Financial services experience: Practical experience in the banking or financial sector, especially in compliance, risk management, or auditing roles, is invaluable for a BSA Officer. If the BSA Officer is a higher level and a “big picture” leader, process managers must naturally be analytical and confident to fill this necessary skill set.

Training 221

Training Compliance Regulation Software 221

CFPB Monitor

DECEMBER 13, 2021

The report discusses the Bureau’s examinations in the areas of credit card account management, debt collection, deposits, fair lending, mortgage servicing, payday lending, prepaid accounts, and remittances that were completed between January 2021 and June 2021. Credit card management. Fair lending. Payday lending.

Lending 78

Lending Cards Regulation Payments 78

CFPB Monitor

NOVEMBER 21, 2022

The report discusses the Bureau’s examinations in the areas of auto servicing, consumer reporting, credit card account management, debt collection, deposits, mortgage origination, mortgage servicing, and payday lending that were completed between January 1, 2022 and June 31, 2022. Credit card account management.

Report 78

Report Cards Lending Management 78

Independent Banker

AUGUST 31, 2021

“Sound profitability strategies will be essential over the next year as community banks cope with stagnant interest rates and rising prices,” says Noah Yosif, assistant vice president, policy research and economist at ICBA. Build a lending niche. Here are seven factors community banks should consider as they enter budgeting season.

Community Bank 170

Community Bank Community Lending Leadership 170

Abrigo

DECEMBER 30, 2019

It is critical for leadership and the Board of Directors to be engaged in all areas of the institution, including compliance with the BSA. This is a must-have risk management concept. Enforcement actions can lead to cease and desist of any mergers or acquisitions, new branches, and in some cases no lending or other growth avenues.

Training 195

Training Compliance Leadership Fraud 195

PYMNTS

APRIL 13, 2018

The end-to-end solution supports travel booking, administration and policy management, analytics and customer service, with a particular focus on SMB clients, according to TechCrunch reports. The company said it plans to use the investment to expand geographically, strengthen its leadership team and focus on technology development.

Lending 129

Lending blockchain Capital Software 129

Abrigo

MARCH 28, 2016

With more competition, institutions are lending in new areas, adjusting underwriting standards and seeking to grow via mergers and acquisitions. Despite the pressure, banks and credit unions must remain diligent across departments to ensure policies and procedures are in place – and followed – by everyone.

Training 150

Training System Leadership Analysis 150

Independent Banker

NOVEMBER 30, 2022

An entrepreneur with a background in accounting and finance, CEO and chairman of the board Thomas Swenson set up Montana Business Capital Corporation in 1998 with a focus on job creation and economic development lending. Swenson’s goal has been to create a team of individuals who can manage themselves but also function well together.

Community Bank 169

Community Bank Community Montana Leadership 169

Gonzobanker

OCTOBER 26, 2021

Whatever the good intentions of these new mandates, any new compliance orders require resources, change management, and an understanding of the unintended risks that could arise. Yet, bankers must be fully aware that mergers will be viewed not just from a book value accretion lens, but more piercingly through an ESG and social policy lens.

Leadership 97

Leadership Compliance Strategy Branding 97

PYMNTS

SEPTEMBER 27, 2019

The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors. Colombian alternative small business lending platform Sempli announced $8 million in funding this week from Oikocredit and Incofin CVSO, according to a press release. said this week.

Payments 149

Payments Capital Taxes Lending 149

Independent Banker

DECEMBER 31, 2021

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says.

Community Bank 144

Community Bank Community Lending Louisiana 144

CFPB Monitor

MARCH 17, 2022

Consistent with expectations that the CFPB under Director Chopra’s leadership would take an expansive view of its statutory authorities, the CFPB has announced its intention to use its authority to prohibit unfair, deceptive, or abusive acts or practices (UDAAPs) to target discriminatory conduct, even where fair lending laws may not apply.

Policies 78

Policies Analysis Marketing Leadership 78

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Congrats to Randy and a great management team. Lifetime Leadership Achievement Awards. SoFi’s March acquisition of Golden Pacific Bancorp for $22.3

Fintech 143

Fintech Strategy Leadership Lending 143

CFPB Monitor

JANUARY 12, 2021

The Taskforce was charged with examining the existing legal and regulatory environment for consumers and financial services providers and making recommendations to the Bureau’s leadership for improving consumer financial laws and regulations. The report consists of two volumes. Enforcement. Fintech regulation.

Report 78

Report Regulation Policies Compliance 78

Independent Banker

MAY 24, 2016

This leaves federal crop insurance support as a key risk-management tool. Crop insurance “has a target on its back,” says Mark Scanlan, ICBA’s senior vice president for agriculture and rural policy. It’s a crucial risk-management tool” for 1.7 It’s a crucial risk-management tool” for 1.7 Robert Johansson, USDA economist.

Community Bank 70

Community Bank Kansas City Community Iowa 70

Independent Banker

APRIL 28, 2016

Leadership Team—Citizens Bank of Las Cruces’ executive management team, from left: Jed Fanning, Tim Hargrove, Ruth Christopher and George Ruth. After analyzing our existing policies, procedures and organization, we restructured from eight departments to three major departments. Citizens Bank of Las Cruces. Las Cruces, N.M.

Leadership 70

Leadership Community Community Bank US 70

Jeff For Banks

JULY 28, 2012

Instead, expectations are often trapped between the ears of the supervisor or senior management. Although I am not an HR expert, I am often engaged in discussions with FI senior management teams on what they expect from the person occupying this position. Business Banker Summary of Responsibilities : Relationship management.

Community 65

Community social media Strategy Lending 65

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. One of the biggest challenges is simply navigating market uncertainty related to Federal Reserve policy and the direction of the economy.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Jeff For Banks

MARCH 14, 2020

We have implemented employee travel restrictions, provided associates with tools and technology and have encouraged them to work from home, conducted a deep cleaning of all Genworth facilities and revised our time off and FMLA policy. Contact Information: BBT.com Find up-to-date branch hours and other information to manage your accounts 800.BANK.BBT

ATM 78

ATM Policies US Management 78

Independent Banker

SEPTEMBER 25, 2014

Few community banks have the luxury of ripping and replacing their entire compliance management strategy, leaving many executives on the hunt for practical tips. Improve IT vendor management. Vendor management and due-diligence compliance requirements have become much more stringent and an area of intense scrutiny for examiners.

Community Bank 105

Community Bank Compliance Community Resources 105

Independent Banker

AUGUST 26, 2015

billion-asset community bank’s successful foray into insurance provides valuable insight into how boards and bank management should carefully vet decisions by conducting thorough due diligence. So, today, no matter the size of a client, we can address his or her insurance and risk management needs.”. Expanding through acquisition. “But

Operations 70

Operations Community Bank Community Management 70

Independent Banker

MARCH 15, 2015

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. To combat the decline in the bank’s loan-to-deposit ratio, Hartings actively sought out new opportunities in lending.

Ohio 70

Ohio Community Bank Community Lending 70

CFPB Monitor

SEPTEMBER 11, 2018

The CFPB’s newly-released Summer 2018 edition of Supervisory Highlights represents the CFPB’s first Supervisory Highlights report covering supervisory activities conducted under Acting Director Mick Mulvaney’s leadership. On October 10, 2018, from 12 p.m. to 1 p.m. (The It includes the following information: Automobile loan servicing.

Lending 68

Lending Policies Compliance Cards 68

Independent Banker

NOVEMBER 30, 2021

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. The leaders of the Inver Grove Heights, Minn.,

Community Bank 164

Community Bank Community Texas Leadership 164

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

MAY 8, 2020

So far, bankers have taken comfort in the soundbite that “this crisis is different” because of the strong capital levels and risk management rigor that has developed since the Great Recession. Practice the art of surgical lending. For instance, Wells and Chase just shut down all home equity lending. costs can be reduced.

Lending 104

Lending Analytics Analysis Capital 104

PYMNTS

MAY 16, 2016

We feel we owe the team at Lending Club special thanks for getting the week started off with a bang. The hits just kept on coming from there, and Lending Club’s stock price has taken a rather expected beating in subsequent days (as did most other marketplace lenders, who were apparently ruled guilty by association). credit cards).”.

Google 101

Google Data Policies Lending 101

Independent Banker

AUGUST 31, 2021

The KSB Lends a Hand program took anniversary funds totaling $20,000 and distributed them to more than 100 local organizations. “We Among its digital innovations is an extensive library of application programming interfaces (APIs) that runs its customer platform and allows the bank to originate and service loans on online lending platforms.

Community Bank 196

Community Bank Community National Fresno 196

CFPB Monitor

JUNE 16, 2021

Specifically, the report examines how the CFPB has (i) managed the reorganization of its Office of Fair Lending and Equal Opportunity and related risks during 2018, (ii) monitored and reported on its fair lending performance, and (iii) used new HMDA data fields to analyze and support its fair lending activities.

Lending 78

Lending Report Data Policies 78

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Nobody is quite sure which side this seesaw will land on.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

APRIL 1, 2019

Senate passed a bill broadening the SBA’s authority over its Small Business 7(a) loan program that would strengthen its credit risk management office, enhance the SBA’s oversight of lenders and enable full-risk analysis of its small business loan program.

Leadership 116

Leadership Policies Risk Management Analysis 116

PYMNTS

OCTOBER 7, 2016

While it has not quite broken Lending Club’s record from this summer of longest consecutive number of days on the fizzle list, it has spent a rather unfortunate amount of time there since summer first started giving way into fall a few weeks ago. Elizabeth Warren (D-MA) accused him of “gutless leadership.”.

Fraud 162

Fraud CA Policies Meeting 162

Jeff For Banks

APRIL 14, 2022

21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19 2022 Ben S. Manias, Panics, and Crashes: A History of Financial Crises 2005 John Jay Knox Knox, John Jay A History of Banking in the United States 2017 Timothy Koch Koch, Timothy Bank Management (8th ed.) Bernanke Bernanke, Ben S. 2014 John A.

America 78

America National Denver United States 78

CFPB Monitor

OCTOBER 17, 2018

OIRA is part of the Office of Management and Budget.) It represents the CFPB’s second rulemaking agenda under the Trump Administration and Acting Director Mick Mulvaney’s leadership. Business Lending Data. It estimates the issuance of a NPRM in March 2019.

Regulation 68

Regulation Compliance Lending Cards 68

CFPB Monitor

NOVEMBER 21, 2019

The CFPB has published its Fall 2019 rulemaking agenda as part of the Fall 2019 Unified Agenda of Federal Regulatory and Deregulatory Actions, which is coordinated by the Office of Management and Budget. It represents the CFPB’s second rulemaking agenda under Director Kraninger’s leadership.

Regulation 78

Regulation Cards Data Leadership 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

PYMNTS

APRIL 9, 2016

Whether one is an avid political watcher or the type likely to only catch the news on the presidential primary when standing in line someplace where CNN is already playing, there are two candidates with two policy positions that almost every American is aware of. “And, as I write this letter, ‘search’ is invaluable to me.

Regulation 100

Regulation Lending Omaha America 100