CFPB Monitor

JULY 5, 2022

In response to a request from three Democratic House members, the GAO recently issued a report on its review of fair lending oversight conducted by the Office of the Comptroller of the Currency. The GAO conducted the performance audit from January 2021 to June 2022.

Lending 78

Lending Report Policies Handbook 78

Independent Banker

NOVEMBER 30, 2022

You have a bank that was born out of COVID and could have gone the other direction but ended up thriving.”. Lexicon Bank didn’t wait long to make a splash, sponsoring the 2021 World Series of Poker. But as a community bank that is there to serve the gaming hub of Las Vegas, Lexicon Bank welcomes these players with open arms.

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

Gonzobanker

FEBRUARY 23, 2022

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. While customer relationships are being redefined by fintechs, there will always be a place for community banking. Now is the time to create a BaaS strategy.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Photo by Linkes Photography.

Community Bank 172

Community Bank Community National Philadelphia 172

South State Correspondent

APRIL 23, 2023

The root cause of Silicon Valley Bank’s (SVB) failure is poor risk management – plain and simple. Bankers need to understand and manage their business on the fair value of assets and liabilities instead of managing their business on net interest margin and the amortized historical cost of assets and liabilities.

Management 195

Management Security Risk Management social media 195

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending.

Lending 243

Lending St. Louis Community Marketing 243

South State Correspondent

JANUARY 4, 2023

Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity. Lending Focus – Interest Rate Sensitivity and Credit Accuracy.

Community Bank 195

Community Bank Capital Training Lending 195

Abrigo

OCTOBER 20, 2020

During the presentation, “Acquiring and Developing Customers During the Pandemic – How We Did It,” panelists discussed the important role technology and digitization have played in their capacity to efficiently support customers during this time, and they stressed that these strategies would be even more important moving into 2021.

Management 195

Management Lending Community Strategy 195

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. I want to read to you the FDIC’s conclusion from their An Examination of the Banking Crisis of the 1980’s and Early 1990’s. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad? We took a serious reputational hit.

FDIC 78

FDIC Community Bank Regulation Lending 78

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Expect more cost-driven MOEs in 2021! Let us break it down for you.

Idaho 181

Idaho Community Industry Strategy 181

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Sounds like a cool strategy to build a smarter bank.

Fintech 195

Fintech Community Regional Technology 195

Abrigo

MARCH 24, 2021

Takeaway 1 Financial institutions that invested in technology in 2020 are using it to increase the loan portfolio in 2021. Growing loans, earnings are banks' top challenges in 2021. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey.

Lending 221

Lending Technology Survey Examples 221

Jeff For Banks

MAY 4, 2020

Readers note: You can also view this post on Penn Community Bank's website. I had believed that we would continue the expansion into 2021, but that will not happen. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Click here. Congress passed $2.3

Marketing 78

Marketing Philadelphia Community Bank US 78

Abrigo

SEPTEMBER 15, 2022

Bank monitoring in construction lending. The paper, “ Bank Monitoring with On-Site Inspections," will be presented later this month at the Community Banking in the 21st Century Research and Policy Conference. “As Bank construction lending: $403 billion. On-site inspections. CRE loans up.

Study 195

Study FDIC Lending Risk Management 195

Abrigo

MARCH 17, 2022

Why smaller institutions stress test Despite the total assets threshold noted above, regulators continue to emphasize that all banking organizations regardless of size should have the capacity to analyze the potential impact of adverse outcomes on their financial condition. at the end of 2021 to about 3.5% doing very well in 2022.

Capital 195

Capital Regulation Risk Management Community 195

Abrigo

NOVEMBER 29, 2021

Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Financial institutions generate most of their income by lending and investment activities. Community banks target growth. Drive growth with integrated risk management.

Community Bank 195

Community Bank Community FDIC Trends 195

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. The proposed rule , unveiled Sept. Points of Note. Controversial Provisions.

Lending 195

Lending Data Regulation Community 195