Abrigo

NOVEMBER 12, 2016

Many community banks and credit unions are turning to small business loans as a source of loan growth. In their Spring 2016 Semiannual Risk Perspective , regulators have publicly acknowledged increasing risk in commercial real estate lending, so small business lending seems like it may be an alternative path.

Lending 186

Lending Community Bank Community Analysis 186

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. A relationship-based, community focus in a digital world.

Lending 259

Lending Community San Antonio Survey 259

Abrigo

APRIL 10, 2017

Ancin commented that this is consistent with the trend he has seen with his clients either beginning to dip their toes into the MBL market, or other clients that are aggressively competing with community banks on commercial lending. Next, Ancin moved into a discussion of the current regulatory environment around MBL.

Regulation 150

Regulation United States Lending Community Bank 150

Abrigo

JANUARY 8, 2016

The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank.

Regulation 150

Regulation FDIC Survey Community Bank 150

Abrigo

DECEMBER 2, 2021

Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report. In a competitive lending environment, many banks and credit unions are concerned about losing good-quality loans if they over-price them.

Conference 195

Conference San Antonio Lending Fraud 195

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. A relationship-based, community focus in a digital world.

Lending 195

Lending Community San Antonio Survey 195

Abrigo

JULY 10, 2020

Community banks and credit unions partnered with their communities to help families and businesses through these unprecedented times , causing spikes in consumer fraud that must be faced head on. Lending & Credit Risk. Member Business Lending. SBA Lending. Ag Lending. CRE Lending.

Fraud 195

Fraud Lending Software Analytics 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. How significant was CRE lending to the souring of bank loan portfolios?

Lending 60

Lending Regulation Community Community Bank 60

Abrigo

APRIL 21, 2020

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. SBA Lending.

Lending 195

Lending Capital Minnesota FDIC 195

Abrigo

DECEMBER 17, 2021

For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Download Guide. Asset/Liability. Loan Origination System. Learn More.

Fintech 195

Fintech How To Innovation System 195

Abrigo

NOVEMBER 7, 2019

Strategies to lessen the impact of CECL on smaller community banks. How to lessen the impact of CECL on smaller community banks. Many smaller community financial institutions are driving the conversation of cost vs. benefit regarding CECL. WARM was geared specifically to community banks. Learn More.

Community Bank 150

Community Bank Community Lending Analysis 150

Abrigo

OCTOBER 6, 2017

On September 27, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency released a Community Bank Summary entitled Proposed Simplification to the Capital Rule Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996.

Regulation 150

Regulation Risk Management Community Bank Community 150

Abrigo

JULY 16, 2021

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. There is no doubt that the Priorities are broad, as regulations have yet to be written.

Community 195

Community Regulation Training Policies 195

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. For many, commercial real estate lending may be the ticket. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

CFPB Monitor

AUGUST 20, 2020

federal and state financial institution regulators have taken meaningful, proactive steps to acknowledge financial inequality issues, reach out to traditionally underserved populations to expand access to credit, and further protect consumers from discrimination. This blog post contains a summary of those efforts.

Regulation 78

Regulation FDIC Community Lending 78

Abrigo

MARCH 6, 2015

March comes in like a lion for the nation’s largest banks. Yesterday the Federal Reserve announced how “the big banks” fared on their annual stress tests (The Wall Street Journal’s Briefly blog offers what to know and what is relevant about the exams). ” Blog Bank'

Risk Management 150

Risk Management Capital Community Bank Regulation 150

Abrigo

JUNE 28, 2023

They wear many hats, especially in smaller community banks and credit unions. Takeaway 3 Recommended reports on AML and fraud metrics for the board include those on high-risk customers and trends on types of fraud and suspicious activity seen. One essential obligation of BSA Officers is reporting to the board of directors.

Compliance 195

Compliance Fraud Report Trends 195

Abrigo

MARCH 6, 2017

Sageworks (which is also on Twitter at @Sageworks ) has identified 15 must-follow Twitter accounts for banking professionals. 1) @davidpoconnell – David O'Connell is a former commercial lender and a senior analyst at Aite Group, where he covers commercial banks and their use of analytics.

social media 150

social media Lending Community Community Bank 150

Abrigo

APRIL 19, 2016

banks incorporate “responsible innovation” as they adapt quickly to these advances, but what exactly does that mean? In a recent whitepaper (download), the regulator outlined the general approach it will take as it evaluates innovative products, services and processes that OCC-regulated banks may offer or perform.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

FEBRUARY 23, 2016

Basel III, the Financial Accounting Standard Board’s proposed current expected credit loss (CECL) model, or CECL , and the regulatory bodies’ focus on understanding risk and ensuring sufficient capital to cover those risks have provided community banks, especially, with new challenges.

Community Bank 150

Community Bank Community Capital Strategy 150

Abrigo

AUGUST 3, 2015

The ABA’s 2015 Survey of Bank Compliance Officers , conducted February through March 2015, had participation from more than 450 financial institutions, with almost 80 percent being community banks. A recent Forbes commentary, Dodd-Frank, Community Bank Decline, And The Effect On U.S.

Compliance 150

Compliance Community Bank Community Survey 150

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. CEIS adds that instilling a strong loan review program provides the basis for “smart lending, strategy and safe market growth.”

Risk Management 186

Risk Management Management Lending Resources 186

Independent Banker

JANUARY 31, 2019

The law includes commodity price protections that will give producers and community banks greater business-planning certainty over the next five years. million and provides for the possible increase in guaranteed USDA rural development loans—all of which are ICBA and community bank priorities. And while S.2155

Community Bank 70

Community Bank Wisconsin Community Texas 70

Abrigo

AUGUST 5, 2020

Solid loan grading systems must be carefully considered and defined, effectively communicated, and steadfast in both good and bad times. Loan grading scales, weighting, and adjustment levels should be a direct reflection of the institution’s credit culture and past lending experiences – especially those painful losses, Wear explained. “I

Management 195

Management Risk Management Trends Industry 195

Abrigo

OCTOBER 30, 2015

With the recession fading into the more distant past, banks – in particular, community banks – have seen several years of loan growth. Banks, according to Comptroller of the Currency Thomas Curry, are starting to reach for additional growth by lending to less creditworthy borrowers, a move that increases risk to the institution.

Lending 150

Lending Trends Risk Management Community Bank 150

Abrigo

MARCH 20, 2015

In the last several years following the Great Recession, the health of banks in the U.S. For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. Blog Bank'

Texas 150

Texas Regional California Community Bank 150

Abrigo

NOVEMBER 24, 2015

Gruenberg to the list of regulators and industry officials warning about growing credit risks in the U.S. Community banks have grown their share of longer-term assets even more quickly than the rest of the industry, according to the FDIC. Add FDIC Chairman Martin J. percent in the third quarter from 34.2

FDIC 150

FDIC Lending Community Bank Industry 150

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

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Abrigo

JUNE 16, 2016

The new guidance aligns the accounting with the economics of lending by requiring banks and other lending institutions to immediately record the full amount of credit losses that are expected in their loan portfolios, providing investors with better information about those losses on a more timely basis,” FASB Chair Russell G.

Resources 150

Resources Exercises Lending Community 150

Jeff For Banks

APRIL 21, 2012

Since I estimate my Twitter community only reads about 10% of their tweet stream, and so many of my blog readers do not follow Twitter, below are selected quotes that I tweeted so far this year. JeffMarsico Credit Union CEO: "The differences between CUs & community banks are inflated by trade groups.

Community Bank 71

Community Bank Community Groups Lending 71

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Those implementing regulations were coming. Controversial Provisions.

Lending 195

Lending Data Regulation Community 195

William Mills

SEPTEMBER 12, 2017

William Mills Agency will be live blogging at FinovateFall 2017. Digital banking solutions for community banks and credit unions. An industry leader in lending and benchmarking solutions for financial institutions. They have some legacy systems at some BIG banks. Frictionless digital lending is possible.

Samsung 69

Samsung Mobile User Experience Google 69

Abrigo

OCTOBER 20, 2016

Technological innovation has enabled FinTech start-ups to compete in a field previously dominated by banks and credit unions. At the same time, early adopters of new technologies, like mega banks, are edging out community banks and credit unions in the fight for customers and creating a rapidly consolidating industry.

Software 150

Software Lending Community Bank Taxes 150

Abrigo

FEBRUARY 16, 2015

One of the topics continually making headlines in banking today is the cost of regulation. A popular opinion, brought to the forefront last week by a Harvard University report , is that these regulations are imposing a significant burden on small financial institutions such as community banks and credit unions.

Community Bank 150

Community Bank Community Regulation Lending 150

Abrigo

AUGUST 30, 2016

According to Sageworks’ Bank Information resource there are nearly 12,000 community banks and credit unions across the United States. Last week Hillary Clinton released her plan to support community banks and credit unions.

Community Bank 150

Community Bank Community United States Policies 150

Abrigo

APRIL 23, 2020

Key Takeaways Regulators and industry officials provided insight for lenders entering the second round of funding for the Paycheck Protection Program (PPP). However, the bank will be able to use technology allowing them to submit applications to E-Tran in bulk this time around, so he is hopeful the process will be even faster.

Lending 221

Lending Los Angeles North Carolina Community 221

Abrigo

APRIL 8, 2020

Provide a BSA refresher course to your lending staff. Provide lending staff with a BSA refresher course. Consumers and small businesses have long relied on community banks and credit unions and now is no different. Key Takeaways BSA requirements still apply to Paycheck Protection Program loans. BSA Software.

Compliance 195

Compliance Lending Fraud Community 195