PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

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Community Bank Community Fintech Lending 131

PYMNTS

OCTOBER 16, 2017

Last week, P2Bi announced the rollout of a new partnership program that enables community banks to participate in its small business loan marketplace. Community banks are typically a better bet for small businesses in search of a loan, with approval rates higher than those at larger financial institutions.

Community Bank 110

Community Bank Community Fintech Lending 110

Abrigo

SEPTEMBER 22, 2015

By eliminating or revising some of the items that banks must include in their call reports the FFIEC hopes to streamline the reporting and decrease the amount of time spent on them. The new data reporting plan is available for public comment now, and if passed, would likely take affect for Q4 or first quarter 2016 call reports.

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Community Bank Community FDIC Survey 150

South State Correspondent

JANUARY 5, 2016

Yesterday, when we discussed making macro allocation decisions, we mentioned being proactive in setting risk tolerances.

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Community Bank Community 150

Abrigo

JANUARY 1, 2016

Government Accountability Office (GAO), community banks and credit unions are starting feel the impact of the Dodd-Frank Wall Street Reform Act. The GAO report, released on December 30th, examined nine Dodd-Frank rules that became effective as of October 2015 for impact on community banks and credit unions.

Community Bank 150

Community Bank Community Compliance Training 150

Abrigo

DECEMBER 11, 2014

For those with assets between $100 billion and $750 billion, the effective date is May 10, 2015, and for those between $50 billion and $100 billion, guidance will be effective on May 10, 2016. While the final guidance clearly applies to larger financial institutions, community banks should still take note.

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Community Bank Community Guidelines Risk Management 207

Bank Innovation

JUNE 23, 2016

Jill Castilla, CEO, Citizens Bank of Edmond Chances are you’ve seen Jill Castilla on Twitter. (Or Or at a banking conference.) CEO of a $250-million community bank in suburban Oklahoma City, Castilla is something of a sensation in the banking community, and with good reason. Or YouTube.

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Oklahoma City Oklahoma Innovation Community Bank 240

PYMNTS

MARCH 12, 2018

Chamber of Commerce is voicing its support for legislation that would ease regulatory burdens for the nation’s community banks in an effort to improve access to funding for small business borrowers.

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Community Bank Community Regional Regulation 110

Bank Innovation

JUNE 23, 2016

Chris Tremont, EVP Virtual Banking, Radius Bank Banks are not usually known for their disruptive nature and quick decisioning. Radius Bank is known just for that. In the past three years, this community bank has shut down all of its branches except for one in Boston, transforming into a Read More.

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Innovation Boston Community Bank Community 210

South State Correspondent

DECEMBER 13, 2023

The current QT contrasts with the 2016 QT when the Fed started draining its balance sheet two years after its first rate hike. The graph below shows COF for the same three groups of banks. Community banks’ COF increased 18bps in Q3/23 sequentially, while the Fed has been on pause since July.

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Community Bank Community Policies Tools 195

South State Correspondent

OCTOBER 10, 2022

All domestic systemically important banking organizations and most large regional banks engage in some form of FTP practices and building blocks. However, over the years, there has been considerable debate at community banks on how to implement the principles of FTP to various balance sheet accounts like loans and deposits.

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Community Bank Community Examples Management 195

CFPB Monitor

SEPTEMBER 14, 2016

The CFPB has published a notice in the Federal Register announcing that a meeting of its Community Bank Advisory Council (CBAC) will be held on September 29, 2016. The notice indicates that the CBAC will discuss youth financial capability and debt collection.

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Community Bank Meeting Community Report 60

South State Correspondent

MAY 18, 2022

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ). A graph for SouthState Bank appears below.

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Community Bank Community Analysis Industry 195

Independent Banker

SEPTEMBER 1, 2016

Congratulations to the Top 2016 IB Social Media Leaders. Independent Banker ® magazine recognizes three community banks who have conducted creative, engaging and impactful social media campaigns. 2016 IB Social Media Leaders is sponsored by SHAZAM.

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social media Community Community Bank Michigan 96

Abrigo

MARCH 3, 2022

In today’s banking world, community banks are focused sharply on shareholders’ expectations for growth in earnings and return on equity. So, how can community banks support earnings and ROE growth in the face of intense regulatory scrutiny and competitive pressures on profitability? Changing Lending Environment.

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Lending Community Marketing Community Bank 195

CFPB Monitor

APRIL 5, 2016

The CFPB will hold a meeting of its Community Bank Advisory Council on April 21, 2016 in Washington, D.C. According to the CFPB’s notice published in today’s Federal Register, there will be a discussion of the CFPB’s strategic outlook and elder financial abuse.

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Community Bank Meeting Community Washington 60

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. The beta for all banks, and various sized banks over the entire cycle is listed below.

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Community Bank Community Industry Online 195

South State Correspondent

JANUARY 25, 2016

Because of the confluence of trends, community banks must make sure to get their deposit pricing right in order to optimize their positioning. In the past, we have also showed how today depositor, given the rate environment, is more fee / attribute sensitive, than rate sensitive.

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Community Bank Community Trends 150

CFPB Monitor

JANUARY 31, 2017

The Independent Community Bankers of America issued a statement calling on the Trump administration “to rein in the overzealous application of fair lending laws.” Requiring community banks to expand their market presence into neighboring counties would force them to alter their model and sound business practices.”

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Community Bank Community Lending Minneapolis 60

Jack Henry

DECEMBER 14, 2021

Current Expected Credit Loss, or CECL for short) in January 2023, community banks and credit unions are fully engaged. When CECL was first released back in 2016, the prevailing thought was that achieving compliance basically meant choosing a model and filling it with data.

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Community Bank Compliance Community How To 147

ZootBlog

FEBRUARY 12, 2016

How long should it take to add your spouse to your bank account? However, it took one full hour to accomplish this simple task at my local community bank where I have been a customer for more than a decade. Additionally, Bank of America plans to triple the budget for their digital banking initiatives in 2016.

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Community Bank Community Technology ATM 63

Independent Banker

FEBRUARY 28, 2023

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has also served on ICBA’s executive committee for many years, including a term as treasurer from 2016 to 2018. That love of community has defined his career.

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Community Community Bank Georgia San Antonio 172

PYMNTS

NOVEMBER 13, 2020

13) civilly charged former Wells Fargo CEO John Stumpf and Carrie Tolstedt, ex-head of Wells Fargo’s Community Bank, with allegedly misleading investors in connection with the bank’s unauthorized accounts scandal. In 2016, Stumpf announced his resignation as chairman and chief executive of Well Fargo in the scandal’s wake.

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Fraud California Community Bank Security 230

PYMNTS

JANUARY 23, 2020

The stipulations of Stumpf’s settlement say that he can’t “in any manner” participate in any activity at an OCC regulated bank, or be a part of any bank’s corporate board votes. Another Wells Fargo exec, Carrie Tolstedt, from the Community Bank unit, is still fighting her allegations, the OCC said.

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Community Bank Regulation Community Meeting 185

Abrigo

JULY 13, 2017

In September 2016, more than 240 bankers and industry experts from both community banks and credit unions attended the Risk Management Summit in Austin, Texas. Here are the 2016 Summit Takeaways. The agenda fully embraced the “Year of CECL” and covered the accounting change in detail. “The

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Risk Management Management Denver Conference 170

Jeff For Banks

JANUARY 12, 2019

This might be explained by the capital formation process, where a low performing bank gets equity injections and those folks go on the board. Perhaps not. Either way, having Investment-type folks on your board doesn't seem to be the secret sauce to great shareholder returns.

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Community Bank Community FDIC Dallas 60

Jeff For Banks

JANUARY 12, 2019

This might be explained by the capital formation process, where a low performing bank gets equity injections and those folks go on the board. Perhaps not. Either way, having Investment-type folks on your board doesn't seem to be the secret sauce to great shareholder returns.

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Community Bank Community FDIC Dallas 60

Long Lasting Ideas

JULY 7, 2016

Joe Wheeler has spent more than two decades in the financial services industry, much of that time helping community banks to craft strategic plans, while at the same time incorporating risk management and regulatory considerations into the strategic equation. at Bank Marketing Strategy + Ideas.

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Marketing Strategies Risk Management Community Bank Community 40

Abrigo

MARCH 22, 2017

In September 2016, more than 240 bankers and industry experts from both community banks and credit unions attended the Risk Management Summit in Austin, Texas. Here are the 2016 Summit Takeaways. The agenda fully embraced the “Year of CECL” and covered the accounting change in detail. “The

Risk Management 186

Risk Management Management Denver Conference 186

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. February 2016.

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Community Bank Community Software New York City 91

PYMNTS

JANUARY 23, 2020

The stipulations of Stumpf’s settlement say that he can’t “in any manner” participate in any activity at an OCC regulated bank, or be a part of any bank’s corporate board votes. Another Wells Fargo exec, Carrie Tolstedt, from the Community Bank unit, is still fighting her allegations, the OCC said.

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Community Bank Regulation Community Meeting 136

South State Correspondent

JULY 25, 2016

If you think the economy is going to muddle along, then you should skip this post as our analysis isn’t going to make a difference in your future - 2021 will be much the same as 2016. As can be seen by the graph below, commercial real estate risk continues to increase and the risk on new community bank loan production is up 6.5%

Community Bank 150

Community Bank Analysis Community Data 150

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. Name: Locality Bank. Keith Costello, Locality Bank. “We

Florida 91

Florida Community Bank Community FDIC 91

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. This reflects a larger industry trend. For many, commercial real estate lending may be the ticket.

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Community Bank Handbook Lending Risk Management 150

Abrigo

SEPTEMBER 7, 2016

According to the Consumer Financial Protection Bureau’s (CFPB) Monthly Complaint Report , consumer banking complaints increased by 26 percent from 2015 to 2016. This three-month rolling average compares the number of complaints reported from May to July in 2015 against the same period in 2016.

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Community Bank United States Policies Community 150

South State Correspondent

MARCH 16, 2015

Accordingly, our prepayment model for floating rate, adjustable and fixed rate loans expects loan prepayments to increase for community banks over the course of 2015 and 2016. This might be bad luck for some, but it is probabilistic for us.'

Community Bank 150

Community Bank Course Community US 150

Abrigo

FEBRUARY 11, 2022

Earlier this month, the FASB considered and rejected further deferral of the CECL standard, initially issued in 2016 in response to the 2008 global financial crisis. The decision appears to mark the board’s final word on ongoing petitions from community banks and credit unions who asked for a delay or total exemption.

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Resources Regulation Community Bank Community 195