Abrigo

SEPTEMBER 26, 2014

Within the financial industry, the word “regulation” often receives a mixed reaction. Last week, the biggest names in banking addressed their balance sheets, and announced the results of their mid-year stress testing practice. Dan Berger, the president and CEO of the National Association of Federal Credit Unions (NAFCU).

Capital 191

Capital National Regulation Risk Management 191

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. To zero in on suspicious activity, typologies can be used to more accurately assess behaviors. Lending & Credit Risk.

Fraud 195

Fraud Lending Software Analytics 195

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.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

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.

Lending 60

Lending Regulation Community Community Bank 60

Abrigo

AUGUST 5, 2020

is officially in a recession, according to the National Bureau of Economic Research. Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution. The national effects remain opaque and will continue to change – do not get complacent.

Management 195

Management Risk Management Trends Industry 195

Abrigo

AUGUST 26, 2015

This is the sentiment of several high-profile executives regarding the National Credit Union Administration’s (NCUA) stance on examination cycles for credit unions. 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.

Survey 150

Survey Community National 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

Abrigo

OCTOBER 23, 2015

Behringer, McGladrey’s national leader for credit risk services. For example, a bank or credit union with a lot of exposure to the oil and gas industry should be able to demonstrate how falling energy demand could affect not just oil and gas producers, but also suppliers and shippers tied to those industries.

Capital 150

Capital Analysis Examples Risk Management 150

Abrigo

JUNE 16, 2016

He added, “While we continue to have strong concerns with the costs related to CECL’s life of loan loss concept, we are committed to working with both regulators and auditors to ensure banks of all sizes can meet the implementation challenges of the new standard.”

Resources 150

Resources Exercises Lending Community 150

Jeff For Banks

DECEMBER 12, 2017

(Nasdaq: OSBC) Old Second is a single-bank holding company headquartered in Aurora, Illinois. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. That got regulator's attention in the form of a May 2011 Consent Order (CO). is the holding company for Parke Bank, a $1.1

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

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 8, 2020

Community financial institutions are well-positioned from a BSA perspective to assist small businesses through this difficult time in our economy and our lives. Consumers and small businesses have long relied on community banks and credit unions and now is no different. Artificial Intelligence. BSA Software.

Compliance 195

Compliance Lending Fraud Community 195

William Mills

MARCH 30, 2017

This year’s Retail Banking conference took place at the Trump National Doral in Miami March 22-24. The first day was dedicated to credit unions with sessions about Best Practices for Credit Unions, Omni-Channel Banking – Is the Branch Dead or Is it the Future and How to Best use Branding.

Retail 40

Retail Conference Miami Strategy 40

Abrigo

JULY 23, 2021

The regulations are forthcoming, but institutions now should begin the process of performing a threat-focused risk assessment which will guide them where to focus their efforts. It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world.

National 195

National Training United States Regulation 195

CFPB Monitor

MARCH 20, 2017

Professor Bamzai drew attention to himself when he posted a blog on November 22 of last year in the Yale Journal of Regulation and the ABA Section of Administrative Law & Regulatory Practice entitled “The President’s Removal Power and the PHH Litigation.” We have blogged about that case on numerous occasions.

Virginia 74

Virginia Community Bank America Policies 74

CFPB Monitor

OCTOBER 13, 2020

We recently published a blog about the OCC’s proposed rule “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”), which would clarify that a bank (or savings association) is properly regarded as the “true lender” when, as of the date of origination, it is named as the lender in a loan agreement or funds the loan.

Lending 60

Lending Colorado FDIC National 60