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Bowman: Fed Eyeing Updates to Third-Party Guidance

ABA Community Banking

In a speech at the Federal Reserve Bank of Atlanta today, Federal Reserve Governor Michelle Bowman discussed how the Fed can help boost transparency and provide more clarity to community banks about relationships with vendors and third-party service providers.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Despite a 30% increase in expected losses in markets like Dallas, Atlanta, D.C., Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. For 2023, banks need to prioritize interest rate risk management and credit accuracy as a top priority.

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Duly Authorized

Independent Banker

With wire fraud on the rise, community banks have to step up precautions to protect themselves and their customers. They have the money and, in theory, they are vulnerable,” adds Terri Sands, director of payments and fraud prevention for State Bank & Trust in Atlanta, a $3.3 billion-asset community bank.

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Tech Flex

Independent Banker

At some community banks, budgeting for technology has become a more important focus over the past several years. If the project is something that can make a bank more profitable in the short term or long term, the bank should make the purchase, whether it was budgeted for or not. State Bank and Trust Co.

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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

If the Atlanta Fed’s current GDPNow projection for 1Q24 GDP of +2.1% DLJ 03/15/24 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

Marketing 148
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Guest Post: Fourth Quarter and Year End Economic Commentary by Dorothy Jaworski

Jeff For Banks

GDP in the 4Q15 is tracking at 1.0%, according to the Atlanta Fed. Thanks for reading DJ 01/10/16 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

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More Data, More To Do

Independent Banker

In a world where information can be the most valuable currency, community banks are gathering more of their internal data. a bank software provider in Cedar Park, Texas, most community banks gather data well for reporting purposes. Drew McMullen, a partner and managing director for Sense Corp.

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