South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

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Independent Banker

OCTOBER 31, 2021

Community banks are independent institutions fueled by the needs of their individual communities, so what constitutes innovation will look and feel different for every bank. I’ll be at the annual meeting of the California Community Banking Network. Photo by Robert Severi. Where I’ll Be.

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South State Correspondent

APRIL 9, 2024

We estimate that the average contractual loan commitment for term credit at community banks has decreased from just under five years in 2022 to just under three years currently. Community banks should carefully consider the prudence of such a strategy from both a risk and revenue perspective.

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Independent Banker

APRIL 30, 2022

During the pandemic, many community banks needed to change how they operated. For this and other reasons, now is a good time to review and refresh articles, bylaws and committee charters to ensure resilience and bolster risk management. Oregon Pacific Bank had to close lobbies and send half of its workforce home.

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South State Correspondent

APRIL 23, 2023

Analysts, regulators, legislators, and bankers have been attributing the root cause of SVB’s failure in the past month. Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run.

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Abrigo

DECEMBER 31, 2019

Key Takeaways The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2019. Top blog posts reflect bank, CU priorities. As 2019 winds down, community banks and credit unions have worked hard to attract new customers and members and to retain existing ones.

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Abrigo

JULY 16, 2021

Would you like others articles like this in your inbox? Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. While these are general today, the AMLA requires that regulations be written around each Priority, as appropriate. BSA Rules and Regulation.

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Abrigo

JUNE 11, 2021

Would you like other articles on asset/liability management in your inbox? Takeaway 1 Regulators stress sound risk management practices that include the ability to identify and measure interest rate risk (IRR). The emphasis on effective systems and tools to measure interest rate risk is especially critical in the current environment.

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South State Correspondent

APRIL 19, 2023

Focusing on uninsured deposit performance is a hot topic among investors, analysts, and regulators. While every bank is now tracking the general metric, only a few banks monitor deposit performance in the category. This is one of the great mysteries of community banking. This will be on April 26 th at 4 pm ET.

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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

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.

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Lending Community Bank Community Analysis 195

South State Correspondent

OCTOBER 26, 2023

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.

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Abrigo

APRIL 1, 2015

This may have been due to some directors lacking experience and/or being too closely tied to the bank. A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards.

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Risk Management Community Bank Regulation Boston 150

Abrigo

JUNE 5, 2015

In a recent Forbes article, Frank Sorrentino, Chairman and CEO of ConnectOne Bank, offered his take on how financial institutions should flip their mindset on regulators and examinations. Stress testing is one such area where many smaller banks are feeling the weight of regulation.

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Risk Management Community Bank Regulation Survey 150

Abrigo

AUGUST 31, 2023

The laborious process of legal name changes and the possibility that outdated information may lead to deadnaming individuals can lead to misunderstandings between banks and clients who have changed their identities. For example, form letters often filter information from core systems, automatically assigning “Mrs./Mr./Miss”

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Compliance Community Training System 195

Abrigo

APRIL 12, 2016

Nevertheless, the Supervisory Insights publication “incorporates more recent guidance and technical resources, including significant bank-governance insights and experiences that have been gained since 1988.” Having a solid understanding involves more than simply reviewing the bank’s financial condition as of today.

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Management FDIC Risk Management Community Bank 150

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. Top of the funnel CTA.

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Compliance Fraud Report Trends 195

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. and New York Community Bancorp called off their planned merger. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. We perform this service for dozens of community banks. Anxiety, anxiety, anxiety.

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Lending Regulation Community Community Bank 60

Finer Points

AUGUST 3, 2015

While ICBA continues our full-court press toward advancing community bank regulatory relief all the way through Congress and to the president’s desk, we are also making noticeable headway in raising public awareness of the problem via the national news media.

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Community Bank Washington Community National 100

Abrigo

MARCH 6, 2017

Following the right people or organizations on Twitter, for example, can generate a steady stream of informative articles and news alerts. 6) @NickatClarity – A consultant helping banks with sales to small and medium-sized companies, Nick Miller recently led a webinar for Sageworks on accelerating small business lending.

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social media Lending Community Community Bank 150

Independent Banker

SEPTEMBER 25, 2014

As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities. Federal regulators say, not always. Federal regulators say, not always. When to in-source.

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Community Bank Compliance Risk Management Community 70

CFPB Monitor

SEPTEMBER 25, 2019

The memo from the FSC Majority Staff indicates the hearing will focus on the development of a real-time payments (“RTP”) system and the risks, regulation, and market features of any future payments system. George, President and Chief Executive Officer, Federal Reserve Bank of Kansas City.

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Kansas City Kansas Payments Community 60

Abrigo

OCTOBER 23, 2014

CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. Community banks certainly want to remain conservative with risks and follow regulations. ” To learn more, read the full article from CEIS Review or access the complimentary whitepaper on effective loan review.

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Risk Management Management Lending Resources 186

PYMNTS

OCTOBER 9, 2018

.” “There is no doubt that the lease accounting standards will add new complexities to a broad range of business functions, including sales, lending, contracting and financial reporting,” wrote Whitney Schiffer, CPA, in an article last week for accounting and advisory firm Berkowitz Pollack Brant.

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Community Bank Community Report Lending 153

Long Lasting Ideas

MARCH 3, 2016

I’ve written several articles about the future of banking, but it appears the Financial Accounting Standards Board could be putting nails in a few coffins. FASB’s complex proposal (Current Expected Credit Loss, or CECL) would force community banks to record a provision for credit losses the moment they make a loan.

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Community Bank Marketing Strategies Community Regulation 40

Abrigo

JUNE 5, 2023

In addition, even before the recent banking troubles, regulators have emphasized the financial institution’s responsibility to provide leaders with information on key areas of planning, operations, and risk management. Regulators review them to assess safety and soundness.

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Report Risk Management Capital Data 195

Abrigo

AUGUST 26, 2015

There’s been much back and forth over the last week on this subject and the NCUA’s desire to stick to a 12-month examination cycle for the financial institutions it regulates. The longer interval is on the table for banks as well. To that response, NCUA Board Member J.

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Survey Community National Community Bank 150

Jeff For Banks

FEBRUARY 27, 2016

According to a recent American Banker article , WSFS Financial Corporation struck a deal with Zenbanx, a Silicon Valley-based neobank, mobile only player. Zenbanx offers a unique, multi-currency bank account that targets world travelers or those that frequently send money overseas. Why do FinTech firms rush to banks?

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Fintech Kansas Community Bank Capital 60

Abrigo

JANUARY 19, 2015

The BASEL Committee, in a January 2014 article , acknowledged four components of a capital planning process: 1. The Dodd Frank scenarios, while they do not necessarily apply to community banks with less than $10B in assets, can provide some guidance. Blog Bank Credit Union' The result was insufficient capital.

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Capital Analysis Policies Examples 150

FICO

APRIL 21, 2020

Banking will be different from now on, as audiences demand embedded features and more electronic services. Community banks need to take these concepts and move them into reality. Digital banking technologies are becoming more automated and less visible. On a typical day, community banks may not like the idea of startups.

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Community Bank Community Lending Fraud 75

South State Correspondent

APRIL 1, 2023

While banking returned to some semblance of normal, many banks continued under short-selling pressure. In this article, we recap the latest data on deposits and banking in order to give you an updated picture. The Administration also urged Congress to mandate the inclusion of clawback language for bank executive pay.

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Regulation Community Bank Community Capital 221

Independent Banker

JULY 28, 2016

The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. Just how can your community bank do all of those things? What agency is our prudential federal regulator?

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Compliance Training Community Bank Regulation 70

Abrigo

APRIL 15, 2022

ALM & Measuring Liquidity Risk at Banks and Credit Unions Regulatory agencies expect financial institutions to manage liquidity risk using processes and systems commensurate with the complexity, risk profile, and scope of operations. Would you like other articles like this in your inbox? This is the fourth post in a series. .

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Independent Banker

AUGUST 25, 2016

Community bank compliance officers spend the lion’s share of their time executing compliance management programs by learning about and analyzing regulatory requirements, providing training on them and helping business units implement them. In compliance management, the process is only as effective as the bank’s efforts to.

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Compliance Training Community Bank Regulation 70

Jeff For Banks

DECEMBER 16, 2022

The bank consists of two segments: 1) the traditional community bank, and 2) CCBX, which is its Banking as a Service (BaaS) division started in 2018. and Puerto Rico banking laws and regulations. Jeff Note: I make no investment recommendations in this article or this blog. Well done! #3

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Independent Banker

SEPTEMBER 22, 2015

Arecent National Mortgage News article pointed out that “consumers complain when lenders ask for information, even suggesting such requests are a violation of their privacy.” But today’s regulations have simply gone too far, and our customers on Main Street are recognizing that the source of the problem is emanating from Washington.

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Maine Regulation Washington Community 70

Jeff For Banks

MAY 10, 2018

Because even the most commercial of commercial banks tend to have significant retail deposits. Regulators are starting to ask a lot more questions about your liquidity during exams. A quick search on "bank rate promotions" gave me a trove of sites to compare offers, including this Nerd Wallet article.

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