South State Correspondent

JUNE 13, 2023

On our loan hedging desk, we work with hundreds of banks ranging in size from just over $100mm in assets to some national banks with over $1T in assets. The post 10 Loan Pricing and Structuring Observations for 2023 appeared first on SouthState Correspondent Division.

Marketing 195

Marketing Examples Capital Management 195

CFPB Monitor

FEBRUARY 8, 2024

On February 6, 2024, National Credit Union Administration (NCUA) Chairman Todd M. His prepared remarks addressed the 90 th Anniversary of the Federal Credit Union Act, credit union performance in third quarter of 2023, risks posed by third party service providers, liquidity management, and consumer financial protection.

Lending 78

Lending National Management 78

PYMNTS

JANUARY 24, 2021

Bus operator National Express reported a 185 percent increase in bookings for spring and summer trips compared with bookings made during the same period in 2020. Among the figures noted by the Financial Times: Saga said bookings made during the first two weeks of January were twice those made during the first two weeks of September.

Operations 260

Operations Groups Lending National 260

Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022. Quick Stat.

Lending 158

Lending Community St. Louis Community Bank 158

American Banker

MARCH 7, 2024

Net income at the nation's more than 4,000 banks dipped markedly in the final quarter of 2023, though for the full year it exceeded pre-pandemic averages. Deterioration in commercial real estate and credit card lending is a concern, FDIC Chairman Martin Gruenberg says.

FDIC 74

FDIC Report Lending National 74

FICO

JUNE 1, 2023

2023 started off with unexpected growth, mild recession still predicted this year Reviewing earlier forecasts, many economists were predicting a mild recession to begin in the first quarter of 2023. The numbers: First quarter 2023 GDP released by the U.S. by the end of 2023. from February 2023 to March 2023.

Trends 52

Trends Industry US Cards 52

CFPB Monitor

NOVEMBER 2, 2023

On November 30, 2023 at 12:30 PM, ET, Ballard Spahr will hold a webinar entitled “Recent Important Developments in Federal Preemption for National and State Banks: What They Mean for Bank and Nonbank Consumer Financial Services Providers” during which this case will be dissected.

California 88

California Los Angeles Lending National 88

Perficient

JULY 12, 2023

The same organization will typically have a national bank charter, and the OCC is the primary federal banking regulator for that part of the organization. Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators.

Management 221

Management Risk Management Regulation Compliance 221

Abrigo

DECEMBER 18, 2023

Critical capital Should CRE lending be off the table? Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. But that might not be the best move for your financial institution or your community.

Risk Management 221

Risk Management Management Lending Capital 221

South State Correspondent

JANUARY 25, 2024

The 10-year treasury hit just over 5% in October 2023, and interest rate volatility is the highest since the great financial crises, as shown in the graph below (ICE swap volatility index). Forward Rate Lock Tools National lenders have been using locks for decades, and these instruments can take many forms.

How To 195

How To Community Bank Community National 195

South State Correspondent

APRIL 15, 2024

Last week, JPM released its 84-page 2023 shareholder letter and 364-page annual report. The Bank aims to be a responsible citizen at the local level in every community where it lends and takes deposits. emphasis added] Lesson 6: Commercial Banking Profit Drivers Total 2023 bank revenue was $159B, and loans outstanding was $1.3T.

Community 195

Community Community Bank Leadership America 195

Abrigo

JANUARY 30, 2024

Consistently rated a top industry event by attendees, ThinkBIG brought together 650 people from banks, credit unions, and partners in 2023. Attendees staying at the resort can take advantage of two world-class golf courses, tennis or pickleball, or escape to the Tierra Luna Spa, a Forbes 2023 four-star Spa Award Winner.

Conference 195

Conference Arizona Phoenix Fraud 195

CFPB Monitor

JULY 5, 2023

The FFIEC advises that the Snapshot National Loan-Level Dataset that it released contains the national HMDA datasets as of May 1, 2023, and that key observations from the Snapshot include the following: • The number of reporting institutions increased by about 2.63% from 4,338 in 2021 to 4,460 in 2022.

Data 78

Data National Report Lending 78

CFPB Monitor

FEBRUARY 7, 2024

Several national and Texas banking and business trade groups have filed a lawsuit in the U.S.

Texas 78

Texas Community Groups FDIC 78

American Banker

JUNE 16, 2023

As it pushes the boundaries of its Midwestern footprint, the Columbus, Ohio-based bank is on pace to book more than 6,000 7(a) loans in SBA's 2023 fiscal year, the biggest total in seven years.

Columbus 41

Columbus Ohio National Lending 41

South State Correspondent

JUNE 21, 2022

This decision coincided with rate hikes by the Swiss National Bank, its first since 2007, the Bank of England, and the European Central Bank announced at an emergency meeting that they would raise interest rates next month and again in September. Short-term rates are also likely to continue to climb through 2023.

Community Bank 359

Community Bank Policies Community Marketing 359

Perficient

MARCH 3, 2022

Federal bank regulators work together to design Comprehensive Capital Analysis and Review (“CCAR”) stress tests that are designed to ensure that even in the case of a severe recession, significant banks can lend to households and businesses. Covered institutions are required to use specific scenarios to conduct the stress tests.

Capital 294

Capital Regulation Exercises United States 294

BankUnderground

APRIL 3, 2024

Net lending represents the overall surplus or deficit, and it is theoretically the same whether you look at it from the income or financial account viewpoint. Evolution of the net lending positions of households and corporates The pre-GFC era was a period of strong growth and low inflation , which coincided with a large expansion of credit.

Lending 63

Lending Analysis Policies Trends 63

CFPB Monitor

NOVEMBER 28, 2022

trillion nationally) are on pace to surpass student loans as the second-largest debt category in 2023. In announcing this request, “Enhancing Public Data on Auto Lending,” the CFPB stated: Financial markets and policymakers have long had access to granular mortgage data that has provided insight into patterns in lending and risk.

Data 147

Data Marketing Lending Trends 147

South State Correspondent

AUGUST 21, 2023

Earlier this month, on August 7, 2023, Moody’s Investor Services (“Moody’s”) published a banking sector review. Community bankers often lament the COF advantage at national banks – but the numbers do not support this view. There are significant rollover risks for CRE loans maturing in the next 18 to 24 months.

Community Bank 195

Community Bank Community Capital Analysis 195

Abrigo

JULY 12, 2021

Takeaway 1 Banks and credit unions moving to CECL in 2023 understandably want to know how Q factors will compare with current practices. is a popular topic among bankers, especially those with a 2023 CECL implementation date, according to Zach Englert, a CECL Consultant with Abrigo’s Advisory Services. Implementing CECL in 2023?

Analysis 195

Analysis Conference Management Regulation 195

PYMNTS

DECEMBER 23, 2019

More should be learned from the rise and fall of the peer-to-peer (P2P) lending sector, during which regulations were not introduced quickly enough, said economics professor Huang Yiping at the National School of Development of Peking University to Reuters. billion by 2023, up from an estimated $4.5 trade war.

Regulation 202

Regulation Groups Policies Big Data 202

BankBazaar

APRIL 11, 2023

National, March 30, 2023: BankBazaar.com , India’s leading fintech co-branded Credit Card platform and online provider of free Credit Scores, closed FY23 with net revenue of ₹160 crore. The company grew its net revenue for FY23 by 60% over FY22 on the back of a 60% growth in its Credit Card issuances.

Branding 78

Branding Capital Cards Fintech 78

Abrigo

DECEMBER 16, 2019

Key Takeaways An SEC filer with a 2020 CECL deadline recommends starting ASAP on implementation -- even if your deadline is 2023. Even now, however, banks and credit unions with 2023 deadlines are seeking information about what the earliest adopters have learned so far in their implementation efforts. Be willing to change as needed. .

West Virginia 195

West Virginia Virginia Data Community 195

South State Correspondent

JULY 25, 2022

2023 View: One extensive conversation that is taking place around bank performance is the fact that the Fed might be done with its rate hiking cycle earlier than planned, and the bulk of margin benefit would have accrued in 2022. Be prepared for the question of if you believe earnings will be lower in 2023.

Trends 195

Trends Lending Marketing Capital 195

PopularBank

DECEMBER 11, 2023

Molly Hime, a long-time Division Manager for Popular Association Banking (PAB), a division of Popular Bank , has announced her retirement, effective December 31, 2023. Molly has been with Popular Bank since 2005 and was instrumental in growing PAB into a $2 Billion loan portfolio business and the national platform it is today.

Management 52

Management Florida Community Leadership 52

CFPB Monitor

FEBRUARY 19, 2021

The Attorneys General of California, Illinois, and New York have filed their opposition to the OCC’s cross-motion for summary judgment in their lawsuit to enjoin the OCC’s final rule (Rule) purporting to override the Second Circuit’s Madden decision as to national banks and federal savings associations.

FDIC 78

FDIC National Illinois Exercises 78

CFPB Monitor

DECEMBER 8, 2022

The parent company of an ILC with a deposit insurance application approved after September 23, 2021 would be subject to the supervisory authority of its “primary financial regulatory agency” as defined in Section 2 of Dodd-Frank (12 U.S.C.

FDIC 78

FDIC Company Industry Regulation 78

Abrigo

MARCH 17, 2022

The stress test scenarios present hypothetical levels on common national level economic factors. unemployment rate climbing to a peak of 10% in the third quarter of 2023. from the fourth quarter of 2021 levels to a trough in the first quarter of 2023. The severely adverse scenario outlines the U.S. by the end of the scenario.

Capital 195

Capital Regulation Risk Management Community 195

FICO

FEBRUARY 21, 2023

Expectations from Visa are that the GDP will turn negative once again in Q1 and Q2 of 2023 leading The National Bureau of Economic Research to declare a recession. These figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution.

Trends 52

Trends Industry US Cards 52

Independent Banker

FEBRUARY 28, 2023

Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S.,

Community 172

Community Community Bank Georgia San Antonio 172

CFPB Monitor

MAY 22, 2020

The final rule applies to national banks and federal savings associations. Banks subject to the general performance standards and banks subject to the wholesale and limited purpose bank performance standards must comply with the new CRA framework by January 1, 2023.

FDIC 78

FDIC Lending Retail Compliance 78

BankUnderground

APRIL 28, 2023

GDP data was collected from the Office for National Statistics and FRED® for the UK and US respectively. Second, expanding the analysis beyond 2009 provides evidence on whether Basel III addressed the pro-cyclicality of bank capital and lending. Total lending of large banks was pro-cyclical pre-Basel III, especially in the UK.

Capital 78

Capital Lending US Data 78

Abrigo

JUNE 15, 2023

national security and the integrity of the U.S. The January 2023 alert on FinCEN Russia sanctions to financial institutions, Potential U.S. The Treasury Department is working on a new rule to identify better who is behind all-cash real estate transactions and to see if those purchases are being used to shelter illegal profits. “The

Training 195

Training Regulation Compliance System 195

Qudos Bank

FEBRUARY 15, 2024

Qudos Bank is the issuer, offeror and administrator of the Qantas Points Banking Products and is a credit provider and credit licensee under National Consumer Credit laws. ^^ As of 30 June 2022, the complimentary Travel Insurance provided with our Qudos Bank Visa Platinum Credit Card has been updated.

How To 52

How To ATM Taxes Cards 52

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). In secondary and tertiary markets, it is only smaller financial institutions lending. This article explores the risk and what to do about it.

Community Bank 195

Community Bank Community Los Angeles Regional 195

Jeff For Banks

OCTOBER 15, 2021

Retiree: That's Not So Funny To the retiree that prefers the safe haven of FDIC insured deposits held at the local bank that lends it out locally, this is a serious issue. Source: US Inflation Rate by Year: 1929 - 2023 (thebalance.com) Things looked good as we entered the 21st century.

Taxes 78

Taxes FDIC Guidelines Policies 78