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Preparing for Section 1071

Abrigo

What banks need to know as the CFPB gets closer to its final rule Banks, credit unions, and other creditors may be required to collect more data for each application under a new rule. You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." Credit Risk Management.

Lending 195
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Are de novos making a comback?

Abrigo

For perspective, a mere 4 banks have opened since 2011, and two of those were in 2017 alone: both International Bank of Commerce of Oklahoma City, OK, and Blue Gate Bank of Costa Mesa, CA, opened in January 2017. Learn more about how Sageworks can help banks and credit unions grow profitably and mitigate risk.

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OCC warns about increasing credit risk

Abrigo

With the recession fading into the more distant past, banks – in particular, community banks – have seen several years of loan growth. Banks, according to Comptroller of the Currency Thomas Curry, are starting to reach for additional growth by lending to less creditworthy borrowers, a move that increases risk to the institution.

Lending 150
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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

I along with countless other managers and investors were finally happy. in 2018, but about equal to the average growth since 2011. Our current economic recovery is fast approaching a longevity record; growth through July, 2019 would set the new record at 121 months, surpassing the 1991 to 2011 recovery. Yes, M2 matters.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

The Outlook All indications are that GDP growth is slowing, reverting back to its “new normal” range than has been in place since 2011 of 2.0% DJ 01/11/19 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Philly has a chance to go wild again this year if the Phillies keep playing well; they are in first place for the first time since the end of 2011. DJ 08/09/18 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Inventories should not contribute as much to growth as they did in the first quarter, so a ratcheting down to the level that we have experienced since 2011 of +2.2% Dorothy has been with Penn Community Bank and its predecessor since November, 2004. is a conservative projection.