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4 challenges banks and credit unions are facing today

Abrigo

Given the many differences between a community institution and a bank with $100 billion in assets, the challenges facing back executives and their financial institutions may differ dramatically at various times. Compliance staff may require certain operational processes that delay credit approval and impede competitiveness.

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Are you a bull or a bear, and how will it impact your planning for 2020 and beyond?

Gonzobanker

Community-based institutions have unique circumstances (and personal viewpoints) that impact how they see the world in the future and what planning will look like for them. How do we elevate our credit and operational risk visibility to ensure capital preservation and demonstrate strength to stakeholders? Risk Management.

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Guest Post: Fourth Quarter and Year End Economic Commentary by Dorothy Jaworski

Jeff For Banks

As a matter of fact, the formula has pointed to above 1% since 2009. In any event, it is an unexpected result of the particle collisions now occurring at up to 13 teraelectronvolts, or “TeVs,” which is up from the 8 TeVs between 2009 and 2013. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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Keeping Small Business Afloat While Addressing Risk

Gonzobanker

Gonzo bankers, we are facing events that will cause an immediate impact on the small businesses in our communities and in our portfolios, and now more than ever we need to show our stuff! The post Keeping Small Business Afloat While Addressing Risk appeared first on Gonzobanker. small business market.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

million in December, 2008 and the peak occurred in October, 2009 at 21.4 Recently, we have seen ransomware virtually cripple company’s networks and Internet access, as criminals exploit vulnerabilities in Microsoft’s Windows operating system. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. It was always clear how much Jones loves his credit union, his team and his community. Pinnacle takes pride in attracting great bankers who care about customers, colleagues and community.

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Dodd-Frank and Durbin: Were They ‘Trumped Up?’

Gonzobanker

They: Scaled back free checking (80% of banks offered it in 2009 compared to 38% today); Initiated new account fees, higher balance requirements and fewer debit card rewards; and. Most admit that it forced them to address portfolio data aggregation and reporting challenges, resulting in improved risk management capabilities.