Jeff For Banks

MARCH 21, 2024

No one will forget the inflation that followed in 2021 to 2023, started first by supply chain issues, but then fueled by the Fed’s purchases and the obscene amount of cash handed out by the federal government. It was not until May 11, 2023, that the US national emergency was lifted, but sadly, the free cash handouts continue.

Marketing 148

Marketing Policies Report Atlanta 148

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. By Katie Kuehner-Hebert. Data privacy and security is a hot topic and is only getting hotter. Bob Hickok.

Data 91

Data How To Community Bank California 91

Jeff For Banks

NOVEMBER 3, 2023

Financial Markets & Economic Update - Fourth Quarter 2023 Summer Update On this warm October day, I am staring at my Bloomberg screen, still heartbroken over the Phillies Phailure. Interest rates are all elevated, with the 2-year Treasury yield at 5.01% and the 10-year at 4.85%, which is up by over 100 basis points since June 30, 2023.

Marketing 87

Marketing Community Bank Policies Community 87

Independent Banker

MAY 24, 2016

This leaves federal crop insurance support as a key risk-management tool. However, the farm community already is being forced to defend even this scaled-back safety net. It’s a crucial risk-management tool” for 1.7 million farms and the community banks that lend to them each growing season, Scanlan points out.

Community Bank 70

Community Bank Kansas City Community Iowa 70

Jeff For Banks

DECEMBER 8, 2022

The downside to all of the rate hikes is that we face a high risk of recession in 2023. In 2023, we will be there. Recession probability is now very high for 2023 and will get higher if the Fed continues to increase rates. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 78

Marketing Policies Philadelphia Community Bank 78

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 trillion failed.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

MARCH 5, 2022

Investors have seen this movie before and are fearful of recession in 2023 or 2024. in 2023, which is back to the lower equilibrium growth rate of just over 2%. Can the Fed carefully engineer the slowing of growth without risking recession? Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 78

Marketing Policies Community Bank Community 78

Abrigo

APRIL 22, 2024

The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St.

Lending 243

Lending St. Louis Community Marketing 243

Gonzobanker

DECEMBER 14, 2023

Bank leaders must feel like Rocky Balboa after 15 rounds with Apollo Creed. Just think of what the industry dealt with in the last 12 months: The brunt of the unprecedented scope and pace of Fed rate hikes hit home, and banks have seen an.80 million (that’s right million) of financial donations and support to the community in 2025.

Fintech 195

Fintech Community Regional Technology 195

South State Correspondent

JANUARY 30, 2024

The good news is that for many other areas, budgets are lower at banks compared to last year, and the fact that IT is still positive underscores the strategic imperative that banks face to digitize traditional operations, reduce costs, gain scale, and improve the customer experience. Technology-forward banks spend as much as 16.4%

Capital 195

Capital Operations Customer Experience Comparison 195

Abrigo

FEBRUARY 6, 2024

Takeaway 2 Community banks may face challenges seeking reimbursement for breach of warranty claims filed with other FIs. Takeaway 3 Banks and credit unions should leverage new tools to improve check fraud prevention that can ease the burden on their staff and safeguard customers.

Fraud 221

Fraud Training Trends Regional 221

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. The severely adverse scenario outlines the U.S.

Capital 195

Capital Regulation Risk Management Community 195

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

social media 195

social media FDIC Branding Management 195

Abrigo

JULY 28, 2021

Takeaway 1 The 2023 deadline for CECL implementation is coming, and many SEC filers have said they would have started earlier. . Banks and credit unions also need to determine what data has been tested or historically reconciled to make sure that gaps and inconsistencies do not cause problems. Portfolio Risk & CECL.

Resources 195

Resources San Antonio Data Regulation 195

Abrigo

SEPTEMBER 14, 2022

The CFPB plans to issue a final rule implementing Section 1071 small-business reporting requirements by the end of March 2023, according to court filing. Many community banks and credit unions have typically been exempted from this data collection in the past. Credit Risk Management. Lending & Credit Risk.

Lending 195

Lending Data Regulation Community 195

CFPB Monitor

JULY 5, 2022

While fair lending has already been identified as a priority for banking regulators by the Biden Administration, the GAO report, particularly its findings regarding the decline in annual fair lending examinations and deficiency findings leading to matters requiring attention at smaller banks, could further fuel the OCC’s focus on fair lending.

Lending 78

Lending Report Policies Handbook 78