Remove 2002 Remove FDIC Remove Regulation Remove Retail
article thumbnail

Impact of Covid-19 Felt in the Shared National Credit Reviews Released by Bank Regulators

Perficient

.” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. Loan reviews are completed in the first and third calendar quarters each year.

National 309
article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

FDIC 78
article thumbnail

In Pursuit of Return on Equity

Jeff For Banks

It doesn''t matter if it is banking, retailing, or widget making. During the period 2002-07, when loan growth outpaced the ability to fund it, FIs took on more FHLB borrowings and high cost deposits. What made so many in this group take the perp walk to the FDIC? until the financial crisis of 2007-08.

Atlanta 87