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Will the cost of regulation impact community bank customers?

Abrigo

For most consumers who have a checking account, savings account and maybe a mortgage, the regulations placed on their community bank isn’t given a second thought. Two recent surveys addressing the community banking landscape have pointed to increasing regulations as the primary cause of stress for these institutions.

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Why Diversification Fails at Banks

South State Correspondent

We believe that while lending diversification leads banks to lend more in normal times (especially for banks over $50B in assets) and does benefit the general economy, community banks should be careful in how and where they choose to diversify. Community banks are already diversified within their geography and loan categories.

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Why Diversification Fails at Banks

South State Correspondent

We believe that while lending diversification leads banks to lend more in normal times (especially for banks over $50B in assets) and does benefit the general economy, community banks should be careful in how and where they choose to diversify. Community banks are already diversified within their geography and loan categories.

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Top concerns and growth strategies of community banks: Part I

Abrigo

This article is the first in a two-part series on top concerns and growth strategies of community banks. These are all phrases that resonate with community bankers. Data from Bank Director’s 2014 Growth Strategy Survey in August confirms that these are bankers’ greatest concerns. Source: 2014 Growth Strategy Survey.

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Cutting the red tape for community banks

Abrigo

Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts. Laura Stewart, CEO of Sound Community Bank in Washington said of preparing the call report: "It almost feels like a full-time job."

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How the OCC risk governance framework applies to community banks

Abrigo

10, 2014 effective date. While the final guidance clearly applies to larger financial institutions, community banks should still take note. Solem notes the first step is to review the inventory of regulation – the laws, rules, regulations, standards and guidelines – that apply to your institution.

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CFPB Continues Focus on Latino Community

CFPB Monitor

Kim Phan The CFPB and the FTC have announced that the agencies will host a joint roundtable entitled, “Debt Collection and the Latino Community,” on October 23, 2014. Consumer advocates, industry representatives, state and federal regulators, and academics have been invited to exchange information on a range of issues.

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