The Financial Brand

AUGUST 30, 2023

This article Current Moves Toward Lending — and Profitability — with Secured Credit Card appeared first on The Financial Brand. This article Current Moves Toward Lending — and Profitability — with Secured Credit Card appeared first on The Financial Brand.

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Abrigo

JULY 2, 2019

The following article is based on the whitepaper, The Ag Lender’s Survival Guide by Rob Newberry, SVP of Credit Risk Services at Abrigo. Assigning credit risk is tricky with ag lending since both environment and economic factors carry significant weight. Blanket security agreements. To download the whitepaper, click here.

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Abrigo

MAY 15, 2020

As the initial rush to secure PPP loans dies down, financial institutions now face a new set of questions: How do financial institutions handle misused, unforgiven loans and fraudulent loans? Stay up-to-date on the latest updates to PPP loans and guidance by visiting Abrigo's PPP Lending Resource page. Lending & Credit Risk.

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Abrigo

AUGUST 29, 2022

E-signature capabilities benefit both customers and staff Banks and credit unions that leverage electronic signature capabilities reap the benefits of a more efficient lending process. Would you like other articles like this in your inbox? Enhance security Paper documentation can easily be tampered with, and signatures can be forged.

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South State Correspondent

JANUARY 17, 2024

In our last article ( HERE ), we highlighted the methodology around why banks should calculate and drive value through customer profitability and product profitability. In this article, we wanted a different approach to arrive at the same conclusion but in a slightly different context. The same goes for transaction accounts.

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Abrigo

NOVEMBER 17, 2023

How to close more loans by speeding up lending and credit analysis Seeking a quicker loan origination workflow is worth it. Takeaway 3 Many aspects of traditional lending that slow down the loan origination process can be addressed through expanded automation. Learn where to find opportunities for improvement.

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Abrigo

JUNE 2, 2015

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. In a recent article from Credit Union Times , 71 million consumers had an auto loan in the first quarter of 2015, the most since the recession and an increase of 1.2

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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. A recent paper analyzed domestic banks’ use of interest rate swaps, and we will summarize their findings in this article.

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Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.”

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Abrigo

SEPTEMBER 5, 2023

In this article, I'll cover what a credit exception is, recommendations for creating loan/credit exceptions, and tips for developing an exception policy for the financial institution. unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit).

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Abrigo

AUGUST 6, 2021

Would you like other articles like this in your inbox? Community banks are critical to ag lending and small business lending. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management. How can community financial institutions thrive in 2021?

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South State Correspondent

MARCH 13, 2023

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Equally important is the bank’s securities duration, as shown in the graph below.

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Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Want other articles like this on SBA loan origination in your inbox? Takeaway 2 Far fewer financial institutions regularly participate in SBA (7a) lending than the more than 5,000 that joined the PPP. . Why SBA Lending?

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Abrigo

MAY 8, 2024

Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence. Abrigo Small Business Lending Intelligence powered by Charm provides loan rating risk scores, the probability of default, and how the score was calculated.

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Gonzobanker

SEPTEMBER 21, 2023

NYMBUS secured Series D financing (led by Insight Partners), partnered with Hurdlr for small business banking; with Atty Bank, Saint Louis Bank ’s legal community bank; and with Roger, Citizens Bank of Edmond ’s military niche bank. Core10 secured a Series B funding round led by Patriot Financial Partners with JAM FINTOP and the ICBA.

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Abrigo

SEPTEMBER 20, 2023

Would you like other articles like this in your inbox? Armed with newly pilfered social security numbers , names, and birthdates, they aim to submit these fraudulent forms before the taxpayers do. Takeaway 1 Fraudsters file illegitimate tax returns early, hoping people wait to submit their legitimate ones.

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South State Correspondent

APRIL 23, 2023

Fair Value versus Amortized Cost The amortized cost of assets is the accounting treatment applied to securities known as held-to-maturity, or HTM. In the case of SVB, the bank’s HTM securities portfolio was $91.3Bn at the end of 2022, and the bank did not need to provide the fair value of these securities on its balance sheet.

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Abrigo

MARCH 15, 2022

Would you like other articles like this in your inbox? Convenient access to free, local ATMs, security concerns, and being nervous about putting all of their funds in a digital bank were among the reasons provided. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. CRE Lending.

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South State Correspondent

APRIL 1, 2023

In this article, we recap the latest data on deposits and banking in order to give you an updated picture. Bank’s Balance Sheets Interestingly, even as borrowing slowed substantially and banks required less liquidity, banks continued to offload securities. As an estimate, it looks like banks sold approximately $37B in securities.

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Abrigo

MARCH 24, 2021

Would you like others articles like this in your inbox? Nevertheless, many financial institution executives have taken – and are taking – steps that will help address their top concerns related to lending and profitability. Technology sets up future lending success. Here's what they're doing. Pandemic-Induced Transformations.

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Abrigo

AUGUST 8, 2021

Would you like other articles on loan review in your inbox? This article is substantially updated from a 2013 blog post. Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions. Reviewing lending staff’s risk ratings. Identifying Credit Weaknesses.

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South State Correspondent

AUGUST 15, 2023

This article provides an update on pricing trends driven by our Loan Command aggregated community bank data and highlights some working pricing ideas. Regarding loan growth, lending continues to be at the slowest pace since 2008. Banks continue to be reluctant to lend, a situation we don’t see changing for the rest of the year.

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Abrigo

FEBRUARY 22, 2021

Would you like others articles like this in your inbox? Lending & Credit Risk. SBA Lending. Lending & Credit Risk. Member Business Lending. SBA Lending. Lending & Credit Risk. Lending & Credit Risk. SBA Lending. PPP Limits Applications to Small Firms Starting Feb.

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South State Correspondent

APRIL 30, 2022

In this article, we analyze the industry’s cost of funding earning assets (COF) and track how community banks’ COF behaves relative to larger banks. In future articles, we will explain our modeling for community banks’ COF based on inflation, Fed Funds rates, consumer consumption and the Fed’s balance sheet runoff.

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Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging. For example, launching a new lending program is a great opportunity to explore a new know-your-customer platform.

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Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging. For example, launching a new lending program is a great opportunity to explore a new know-your-customer platform.

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Abrigo

JANUARY 13, 2021

Would you like other articles like this in your inbox? In March of 2020, The Coronavirus Aid, Relief, and Economic Security Act ( CARES Act ) and subsequent act authorized up to $659 billion for PPP. More articles. Lending & Credit Risk. SBA Lending. Stay up-to-date on PPP fraud. Keep me informed. Learn More.

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Abrigo

JUNE 5, 2023

This report requires (and therefore improves) communication between the credit and lending area of the bank or credit union and those responsible for liquidity management. In the case of Silicon Valley Bank, the bank needed liquidity fast due to significant depositor withdrawals and had to liquidate its securities portfolio.

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South State Correspondent

SEPTEMBER 11, 2023

In this article, we analyze the underlying data for community banks and focus on the Chairman’s view of the future of bank performance. During periods of higher deposit-to-lending ratios, deposit betas become particularly sensitive. Again, the PrecisionLender working paper summarized this phenomenon with their graph, shown below.

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South State Correspondent

AUGUST 21, 2023

This risk magnifies margin erosion for those banks that hold fixed-rate securities and loans. We recently published an article concluding that the average community bank’s cost of capital is 12.5% ( here ). First, Moody’s further points out that CRE lending has not been a good source of core deposit funding for many banks.

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Abrigo

MAY 13, 2020

In other words, some financial institutions will finally have the proof of concept that using technology to transform their usual business-lending processes is the way to go. ‘A small- and midsize-business (SMB) lending ecosystem acquired new capabilities via their participation in PPP,” the report said. Lending & Credit Risk.

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FluentBanking

OCTOBER 13, 2021

Many of us intend to apply for a loan, even though we have some knowledge of banking don't know anything about CIB report and how can it be used as the main source for decision making in the lending operation of the bank and other financial institution. Bangladesh Bank has specific guidelines for using this CIB report.

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Abrigo

OCTOBER 21, 2019

The following article was first published in ABA Banking Journal on October 17, 2019. We are seeing banks moving to the cloud for a number of services ranging from core processing to lending. While AWS and Azure offer great options for businesses, they are not responsible for the security of the data. Get it in writing.

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Qudos Bank

FEBRUARY 15, 2024

Securing a home loan can be challenging, especially if you don't meet a financiers typical lending criteria. A Guarantor can play a vital role in helping you obtain a home loan by providing additional security to the lender. They offer their property as security for the borrower's loan.

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Abrigo

OCTOBER 23, 2019

The following article was first published in ABA Banking Journal on October 17, 2019. We are seeing banks moving to the cloud for a number of services ranging from core processing to lending. While AWS and Azure offer great options for businesses, they are not responsible for the security of the data. Get it in writing.

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Abrigo

MAY 5, 2022

Would you like other articles like this in your inbox? Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.” Lending & Credit Risk. Lending & Credit Risk. And all release a new episode at least monthly. Takeaway 2 With 2.8

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South State Correspondent

OCTOBER 31, 2023

We argued that a proper strategy and a well-crafted loan proposal letter could help lenders close loans quicker, eliminate more competitors, secure better pricing, and obtain the desired credit structure. In this article, we discuss the top four mistakes that we see in commitment/proposal letters.

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