South State Correspondent

DECEMBER 13, 2016

In a previous blog, we described what factors community bank managers might want to consider in analyzing a loan hedging program for their specific needs. In that blog, we listed the pros and cons of using a hedge to control risk and increase profitability.

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Community Bank Community Strategy Management 150

Abrigo

MAY 24, 2024

The FedNow Service enables community financial institutions to stay competitive by meeting instant payment demands. Would you like other articles like this in your inbox? This blog outlines five essential steps and considerations for an effective FedNow implementation. Make FedNow work for your bank or credit union.

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How To Fraud Resources Georgia 243

South State Correspondent

JULY 10, 2023

This article will review domestic banks’ adoption of interest rate swaps. Next week’s article will consider the challenges and possible solutions for community banks to adopt loan hedging programs. We will delve into this topic in greater detail in a future article. On average, 80.4%

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Perficient

DECEMBER 27, 2023

Additionally, the recent rule by the OCC, the Federal Reserve, and the FDIC strengthens and modernizes Community Reinvestment Act (CRA) regulations. Your Expert Partner Perficient’s Financial Services Risk and Regulatory CoE will continue updating our audience with more upcoming articles dissecting the 1,400+ page CRA.

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Compliance FDIC Regulation Fraud 221

South State Correspondent

OCTOBER 9, 2023

In two articles in the past few weeks ( here and here ), we discussed how the “higher-for-longer” interest rate environment will affect the community bank sector – continued increase in the cost of funds (COF), steady yields on loans, and a decrease in net interest margin (NIM) will put severe pressure on ROE for new loan originations.

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Tools Community Bank Community Strategy 195

Abrigo

OCTOBER 8, 2014

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. Community bankers are not keeping these concerns to themselves. Blog Bank' Regulatory compliance. Loan growth. Risk management. ” Growing Loans.

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Community Bank Community Strategy Risk Management 191

Abrigo

SEPTEMBER 22, 2015

Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts. An article in American Banker noted that preparing call reports have become increasingly time-consuming and complex. Sound is a $500 million institution.

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Perficient

DECEMBER 1, 2020

A patient population mix that is more diverse could mean: A need for more hyper-focused and tailored messaging that considers not just their needs but also how that community likes to be spoken to/with. Going further, they adapted some of those learnings to apply to all of their marketing strategies. Latino/Hispanic consumers. Millennials.

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Trends Millennials Community Marketing 309

South State Correspondent

JANUARY 11, 2023

In a previous article ( HERE ), we analyzed industry performance and demonstrated that the average five-year net interest margin (NIM) and return on assets (ROA) are unrelated. We looked at 12 other variables for community banks (asset size $100mm to $10Bn) and measured the correlation between those variables and ROA over the past five years.

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Community Bank Community Analysis Industry 195

Perficient

AUGUST 31, 2020

Marketing materials, like emails and blogs, are more professional platforms where the customer has sought out your brand and is curious about your offerings. Your written and visual content should transition seamlessly, like in this blog about our New Hires. Creating graphics for our Hackathon article inside Canva.

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Branding Guidelines social media Exercises 520

Perficient

FEBRUARY 10, 2021

While the Centers for Disease Control and Prevention(CDC ) recommends healthcare consumers over 65 get vaccinated, few communications have targeted these groups or provided understanding and navigation to how to access the vaccine in their community. How are you reaching them?

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New York City social media Community System 484

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. percent of community banks were unprofitable during the quarter. Here are a few other highlights of community banks from the report : Net interest income up more than 6 percent. percent to $36.9

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Community Bank Community FDIC Industry 150

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. percent of community banks were unprofitable during the quarter. Here are a few other highlights of community banks from the report : Net interest income up more than 6 percent. percent to $36.9

Community Bank 150

Community Bank Community FDIC Industry 150

Abrigo

OCTOBER 1, 2014

Today’s youth and others across all age groups are placing a significant importance on consuming local food, developing local relationships and improving local communities. This is great news for community banks. A recent American Banker article discussed why the local food movement is good for community banking.

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Community Bank Community Capital Lending 170

Abrigo

OCTOBER 9, 2014

This article is the second in a two-part series on top concerns and growth strategies of community banks. From the survey results, it is clear that community banks across the United States are putting an increased emphasis on expanding their portfolios, primarily in the areas of CRE and C&I lending. Blog Bank'

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Community Bank Strategy Community Survey 236

Perficient

JULY 8, 2020

Recently, Built In Boston , a well-known online tech community, profiled our own Vice President of People, Andrea Lampert, SPHR, to get her take on how companies can continue to build a culture while working remote that will last for the long-term. You can read the full article here and enjoy her takeaways below. BONUS: Meet Andrea.

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Company Boston Meeting Leadership 365

Abrigo

SEPTEMBER 1, 2021

Would you like others articles like this in your inbox? Danielle Austin-Rios , CAMS also contributed to this article From drug cartels to street gangs, the illegal drug market has been a consistent moneymaker for drug trafficking organizations (DTOs), and there is no end or slowdown in sight. Trade-Based Money Laundering. BSA Training.

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Training Regulation Community Austin 195

CFPB Monitor

NOVEMBER 8, 2022

Shortly after the Fifth Circuit held that the CFPB was unconstitutionally funded and invalidated the Payday Loan Rule, Adam published a blog on Credit Slips in which he presented a host of reasons why he believes that the case was wrongly decided. which are not full-blown regs.

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America Community Policies Examples 78

Abrigo

MARCH 8, 2024

Would you like other articles like this in your inbox? As a financial institution, you are responsible for educating your community and clients on financial patterns and bank wire fraud trends. Bank wire fraud is growing and becoming more complex. Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today.

Fraud 195

Fraud Technology Trends Training 195

Perficient

JANUARY 3, 2021

This has been a long-awaited ask from the tech community and has been in the works for quite some time! In today’s blog, we’ll discuss what a breakout room is used for, how to create one, how to assign people to a specific breakout room, and how to start/open and close your Breakout Rooms.

How To 520

How To Meeting Maine Groups 520

Perficient

JANUARY 9, 2021

In today’s blog, we’ll cover some of the biggest updates around meetings, calling, management, and even security and compliance released in late December/early January! . If you’d like to learn more about breakout rooms, I encourage you to check out my blog on this topic ! . Breakout Rooms. Management.

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Video Meeting Community Compliance 532

Abrigo

AUGUST 27, 2021

Would you like others articles like this in your inbox? Takeaway 3 It is important to foster communication and build relationship between BSA officers and law enforcement. . Hannakah Rubin , CAMS also contributed to this article Recent statistics show cyber-enabled fraud is on pace to reach new highs for this type of illegal activity.

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Fraud Training Regulation Video 195

Abrigo

JANUARY 13, 2021

Would you like other articles like this in your inbox? As communities across the country continue to struggle with the effects of the COVID-19 pandemic, good news has surfaced as the Small Business Administration (SBA) announces the rollout of another round of Paycheck Protection Program (PPP) funding. More articles.

Fraud 195

Fraud Community Lending Analysis 195

South State Correspondent

FEBRUARY 28, 2023

Many community banks today are willing to underwrite real estate secured loans on just two metrics: debt-service-coverage ratio (DSCR) and loan-to-appraised value (LTV). We will consider the minimal project DSCR in this article and cover the debt yield topic in future blogs.

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Lending Community Bank Community National 195

South State Correspondent

JUNE 30, 2023

Many banks pride themselves on superior customer service, and approximately 90% of all community banks believe that they provide an above-average level of customer service (the math cannot work that way). Below is a ranking of pricing tools that community banks should consider when assessing their options.

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Resources Community Bank Capital Community 195

Abrigo

NOVEMBER 15, 2014

The site analyzed the social media community built by the top banks and credit unions alongside the institution’s asset size. When comparing social impact of banks versus credit unions, the results showed that CUs tend to have an easier time building a community. Blog Bank Credit Union'

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social media Community United States America 170

Abrigo

JUNE 28, 2023

They wear many hats, especially in smaller community banks and credit unions. Would you like other articles like this in your inbox? This article describes several reports that provide financial institution boards with vital information about the fraud and AML/CFT program.

Compliance 195

Compliance Fraud Report Trends 195

Jeff For Banks

JANUARY 21, 2020

Last week I wrote a TKG Perspective's article on Bank Profitability in 2019. I congratulated community financial institutions for delivering a positive trend in business checking account operating cost per account. In the below video blog, I offer two ideas to drive down long-term cost per account in other categories.

Operations 78

Operations Video Trends Community 78

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Would you like other articles like this in your inbox? Market Trend. Small business lending is a focus. Streamline the Process. keep me informed.

Lending 195

Lending Community Bank Community Analysis 195

Abrigo

NOVEMBER 7, 2022

Would you like other articles on BSA/AML training in your inbox? The following tips can help bank customers or credit union members, family, and others in the community prevent veteran fraud: Talk about examples of elder fraud to older friends and family who are veterans. Detecting fraud. What can financial institutions do to help?

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Fraud Resources Community Training 195

Alex Jimenez

APRIL 7, 2024

Pausing Innovation This was on my mind when reading this article about Nike’s innovation woes. In the article Matt Powell , advisor at Spurwink River and senior advisor at BCE Consulting , is quoted, “What happened with Nike, and lots of brands during the pandemic, was they made a decision to play it very safe.”

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Innovation Management Strategy America 87

Abrigo

JULY 29, 2021

Would you like others articles like this in your inbox? do not see this as a serious risk to their financial institutions, especially at the community financial institution level. See Part I: Implications for Community Financial Institutions. Community financial institutions cannot become complacent. Be prepared.

United States 195

United States Training Community Policies 195

Abrigo

JULY 13, 2023

Would you like other articles like this in your inbox? Educate customers and members: Provide educational opportunities for your community so they know when to say “no” to investment scams. The goodwill your institution will gain in the community will be invaluable. billion in fraud losses in 2022.

Fraud 195

Fraud cryptocurrency Training social media 195

Abrigo

AUGUST 25, 2021

Would you like other articles like this in your inbox? Many community financial institutions demonstrated their nimbleness on the commercial or small business lending side over the last 18 months with the Paycheck Protection Program (PPP). Automating consumer lending to become. more competitive and profitable. How can it compete?

Lending 195

Lending System Community Retail 195

Abrigo

JANUARY 14, 2021

Would you like others articles like this in your inbox? Takeaway 1 This round of PPP funding focuses on new borrowers in low- and moderate-income communities. . These funds are intended for new and smaller borrowers and for borrowers in low- and moderate-income communities. PPP Fraud Spikes. Fraudsters target PPP loans.

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Fraud Compliance Community Trends 195

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. Community banks with larger percentages of DDA balances will fare better. Influences on Deposit Beta.

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Community Bank Community Industry Online 195

Ublocal

MAY 4, 2022

Union Bank has always prioritized giving back to the communities we serve. From food shelfs and Meals on Wheels , to community health care providers and cancer research, to low & moderate-income housing projects, to performing arts and youth sports, trail organizations and more. Union Bank is a recurring supporter of NVRH.

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Vermont Regional Community New Hampshire 52