article thumbnail

CECL is a hot topic at Sageworks Risk Management Summit

Abrigo

The Financial Accounting Standard Board’s proposed move to the current expected credit loss, or CECL, is top of mind for many of the bankers and industry experts attending the 2015 Risk Management Summit presented by Sageworks. Some meeting participants, however, expressed skepticism that this timing would hold true.

article thumbnail

Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Looking Back at 2012 Every year, I usually write about the past year with mixed feelings, at times nostalgic for those events and at times, glad that the year is over. 2012 brought us highs, lows, and surprises. Housing markets have begun to improve with the national indices showing year-over-year growth of 3% to 4% recently.

Taxes 73
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to develop a sound MBL strategy

Abrigo

Credit unions have seen an unprecedented uptick in business-related loans in recent years, according to the Credit Union National Association’s (CUNA) U.S. From June 2007 to December 2012, MBL volume increased 66 percent, growing from $26.04 Credit Union Profile. billion to $43.16

Strategy 186
article thumbnail

Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

And don’t forget that they are still finishing the $667 billion Operation Twist Program by year end 2012, where they sell shorter maturities and buy longer term ones to push interest rates lower. Bhutan, a Buddhist nation between India and China, began calculating the Gross National Happiness, or “GNH,” Index in 1972.

article thumbnail

OCC issues proposed rule on fair access to financial services

CFPB Monitor

Such criteria included: “(1) personal beliefs and opinions on matters of substantive policy that are more appropriately the purview of state and Federal legislatures; (2) assessments ungrounded in quantitative, risk-based analysis; and (3) assessments premised on assumptions about future legal or political changes.”.

article thumbnail

Guest Post: 4th Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Before looking ahead to 2012, I can’t resist the traditional temptation to look back at the past year. Europe suffered losses on average of -6% to -17% while Japan, China, and other Asian nations saw declines of -15% to -25% on average. Lady Gaga is about to announce and embark on a 2012 tour and I am there! Thanks for reading!

article thumbnail

Why Banks Reach For The Unprofitable, Demanding SME

PYMNTS

.” This concept considers the role that small businesses play in their local and national economies overall. Indeed, it’s been repeated countless times: “Small businesses are the bedrock of the national economy ,” and it’s an anthem that rings true for the U.S. and other markets.

Lending 100