South State Correspondent

JULY 5, 2022

In a stagflation environment, as interest rates rise and cash flow (earnings before interest, taxes, depreciation, and amortization (EBITDA), or net operating income (NOI)) decreases, the borrower’s capacity to service debt as measured by the debt service coverage ratio (DSCR) decreases rapidly.

Management 195

Management Capital US Community Bank 195

Abrigo

MAY 8, 2015

In recent months, the momentum around reducing the regulatory burden on the nation’s community banks has continued to gain steam. There are more than 6,000 banks and thrifts under $10 billion in assets and they are often less equipped to deal with complexities brought by additional regulations.

Community Bank 150

Community Bank Community How To Meeting 150

Abrigo

OCTOBER 20, 2020

The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. Drive Growth. learn more.

Management 195

Management Lending Community Strategy 195

Abrigo

APRIL 12, 2016

The FDIC is offering a fresh take on how a bank’s board of directors should understand and manage risk. The regulator’s April edition of Supervisory Insights provides what the FDIC called a “refresher” on its Pocket Guide for Directors, the 1988 booklet outlining the basic duties and responsibilities of a bank’s board of directors.

Management 150

Management FDIC Risk Management Community Bank 150

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). There are several ways for bank managers to address this issue and better align relationship pricing with bank profitability.

Resources 195

Resources Community Bank Capital Community 195

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. In a recent blog post , Giorgio pointed out that baby boomers make an average of 9.1

Community Bank 116

Community Bank Community Innovation Millennials 116

Abrigo

JUNE 8, 2017

To ensure that underwriting and portfolio management satisfy regulatory expectations as well as industry best practices 2. To provide bank management and the board with an objective assessment of credit quality and ongoing portfolio management 3. Additional Resources Managing member business lending risk Hiring headache?

Risk Management 150

Risk Management Management Policies Lending 150

South State Correspondent

JANUARY 3, 2023

The lack of relationship between NIM and ROA results from the other factors that are more important to bank profitability, such as loan credit quality, loan size, and relationship value. Location – Because most banks take on the profitability of an area, geography matters. Operating Leverage – Scale matters.

Community Bank 221

Community Bank Community Data Marketing 221

Jeff For Banks

FEBRUARY 12, 2024

2/25 Past actions/decisions give the best insights into a management team's acumen, capabilities, willpower, and its pursuit of excellence.effort lol. Shuttered large parts of its mortgage operations in stages, first in 7/2021 and later in early 2023 6/25 Selling branches is not easy, but it was best for shareholders.

Columbus 108

Columbus Indianapolis Capital Community Bank 108

Abrigo

JULY 15, 2015

One such pain point is the confusion behind identifying ways to effectively grow their business through the management of financial resources. Whether using a national bank, regional bank, community bank or credit union, there are numerous cards that can help your client leverage their credit to create capital.

Management 150

Management Resources Capital Taxes 150

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. That, in turn, reduces deposits at banks by the same amount.

Community Bank 195

Community Bank Community Industry Online 195

Abrigo

JANUARY 11, 2021

All other banks, credit unions, and other types of lenders will be notified “shortly thereafter” of when they can begin submitting origination requests, the SBA said early Monday. See how Community Bank of the Bay partnered with Abrigo to help borrowers. We’re ready,” said William S. We’ve been focused on this for a while.”.

Lending 195

Lending Community Community Bank San Francisco 195

Abrigo

AUGUST 28, 2022

A simple cost-plus loan pricing model is one method of pricing loans, he wrote in a newsletter for community banks that cites the Fed's Commercial Bank Examination Manual (CBEM). Management must ensure that an appropriate pricing structure is established and implemented for each type of loan product offered,” Adams wrote.

Software 195

Software Lending Philadelphia Capital 195

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets.

Payments 294

Payments blockchain System Bitcoin 294

Abrigo

NOVEMBER 7, 2019

Strategies to lessen the impact of CECL on smaller community banks. For CECL, Schroeder explained, the board looked at a range of solutions, from ignoring losses to fair value, and examined each solution to determine if it was operable, understandable, and auditable. How to lessen the impact of CECL on smaller community banks.

Community Bank 150

Community Bank Community Lending Analysis 150

PYMNTS

DECEMBER 9, 2019

AvidXchange has ranked among the fastest-growing companies in North America on Deloitte’s Technology Fast 500 for the past six years, the company said in a blog post last month. 5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

William Mills

SEPTEMBER 12, 2017

William Mills Agency will be live blogging at FinovateFall 2017. Digital banking solutions for community banks and credit unions. I checked out their web site and they are promoting their IOS/Google Play mobile apps (no surprise) and I found this: This website is operated and maintained by Collective Returns, Inc.

Samsung 69

Samsung Mobile User Experience Google 69

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. Learn more about the Sageworks Credit Risk Management Solution. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

APRIL 19, 2016

In the paper, the OCC defined responsible innovation as: The use of new or improved financial products, services, and processes to meet the evolving needs of consumers, businesses, and communities in a manner that is consistent with sound risk management and is aligned with the bank’s overall business strategy.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

APRIL 1, 2015

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. These smaller banks have also seen new, and more frequent, attention from regulators. How complex is the bank’s operating model?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. Diana Chin (HR & Operations). CreditHQ helps businesses manage cashflow. Managing cash flow – targeted at small business in partnership with banks. ^KT. Here’s another solution for document management and origination.

Video 40

Video Mobile social media Analytics 40

Abrigo

FEBRUARY 25, 2022

The traditional relationship lending approach for business loans – personal attention and local connections – offered by community banks and credit unions provides a competitive advantage in winning small business loans. It is the backbone of what many community financial institutions do, and they do it well. Siems, Jonathan A.

Lending 195

Lending St. Louis Community Survey 195

Abrigo

FEBRUARY 5, 2015

While the report recognizes that customer demands and competition from non-traditional banks will shape banking’s future, the report also recognizes that regulatory expectations and scrutiny will continue to increase, for both traditional community banks and non-bank entities that try to enter banking.

Compliance 150

Compliance Software Community Bank Policies 150

Abrigo

JUNE 5, 2015

The piece, titled “Why Banks Should Stop Fighting and Learn To Love Regulators,” suggests that while institutions of all sizes are grappling with increased scrutiny and regulation, the reality is that it is here to stay following the financial crisis. The practice of stress testing can also foster a more positive relationship with examiners.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

Abrigo

NOVEMBER 12, 2016

Many community banks and credit unions are turning to small business loans as a source of loan growth. The good news is that by investing in a streamlined origination process, community banks and credit unions can target SMB loans profitably, without adding unknown credit risk to the portfolio.

Lending 186

Lending Community Bank Community Analysis 186

ABA Community Banking

JULY 10, 2015

What community banks can learn from large-bank risk requirements Risk Management Blogs Risk Adjusted Operational Risk Compliance/Regulatory.

Risk Management 40

Risk Management Community Bank Compliance Community 40

CFPB Monitor

OCTOBER 9, 2018

Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”)—released on October 3, 2018 an Interagency Statement on Sharing Bank Secrecy Act Resources (“Statement”). Such resource sharing contemplates reducing costs and increasing efficiencies in the ways banks manage their BSA and AML obligations.

Resources 68

Resources Compliance Community Bank Community 68

ABA Community Banking

JANUARY 16, 2015

Musts: Defense in Depth and having more than one plan Risk Management Blogs Beyond the Bank CSuite Operational Risk Community Banking. 1Beyond the Bank'

Risk Management 40

Risk Management Community Bank Community Operations 40

Celent Banking

JUNE 22, 2017

In a May 2017 survey of Celent’s Branch Transformation Research Panel, we found that a significant majority of smaller institutions (those with assets less than $10 billion) are planning to increase the number of operational branches over the next two years – just the opposite among larger banks.

Study 125

Study Community Bank Trends Analysis 125

Abrigo

SEPTEMBER 5, 2019

When a community financial institution spends a lot of money on technology, the last thing management wants is to be disappointed. Poor user adoption of software can also occur when a financial institution doesn’t fully test the software in operation before rolling it out. Community banks are often resource-starved,” he said. “In

Software 150

Software Resources Training Community 150

Jeff For Banks

DECEMBER 13, 2018

is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. Plumas Bancorp (Nasdaq: PLBC) Plumas Bancorp is the $771 million holding company for Plumas Bank.

Oregon 101

Oregon Ohio California Community Bank 101

Jeff For Banks

DECEMBER 16, 2022

Each employee has an ownership stake in the bank through its Employee Stock Ownership Plan. In 2021, the bank expensed over $530 thousand to the ESOP to benefit employees. Twenty-six percent of the bank is owned by the Board, Executive Management, and the ESOP. And there are two Puerto Rican banks. Welcome back!

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Jill is continually demonstrating just how loud a $300 million community bank can roar!

Idaho 181

Idaho Community Industry Strategy 181

Independent Banker

SEPTEMBER 1, 2016

Independent Banker ® magazine recognizes three community banks who have conducted creative, engaging and impactful social media campaigns. This year’s panel of judges evaluated social media campaigns submitted from several community banks across the country before selecting those that received final recognition.

social media 96

social media Community Community Bank Michigan 96

Independent Banker

MARCH 15, 2015

“A high percentage of millennials are underbanked, and when they look for a place to do their banking they are going to look for more personalization and customization, and this puts community banks at an advantage over larger commercial banks,” says Sam Khater, deputy chief economist with CoreLogic, a company in Irvine, Calif.,

Millennials 70

Millennials Community Bank Community social media 70

Abrigo

JANUARY 18, 2017

As anyone advising business owners knows, clients are often so busy with day-to-day operations and management that they find it tough to gain a big-picture view of certain financial aspects, such as cash flow. SCORE , a nonprofit association that helps small businesses in partnership with the U.S.

Technology 150

Technology Cards Software Payments 150

Independent Banker

FEBRUARY 24, 2015

“A high percentage of millennials are underbanked, and when they look for a place to do their banking they are going to look for more personalization and customization, and this puts community banks at an advantage over larger commercial banks,” says Sam Khater, deputy chief economist with CoreLogic, a company in Irvine, Calif.,

Millennials 70

Millennials Community Bank Community social media 70