Abrigo

APRIL 23, 2015

A new bill proposed on April 16 aims to increase the exam cycle period for a larger pool of community banks. would make more banks eligible for an 18-month exam cycle as opposed to the norm of a 12-month schedule. If implemented, hundreds of additional banks would be eligible for the longer cycle.

Community Bank 150

Community Bank Community Survey FDIC 150

Abrigo

NOVEMBER 3, 2016

Some of the most pressing challenges facing community banks and credit unions in the current banking environment include narrow interest rate margins, increasing pressure from regulators, and competition with “too-big-to-fail” mega-banks.

Community Bank 150

Community Bank Community Lending Risk Management 150

Abrigo

DECEMBER 11, 2014

While the final guidance clearly applies to larger financial institutions, community banks should still take note. ” The section further details this would only occur under extraordinary circumstances, but community banks should be aware of the new framework and even consider applying the guidelines as a proactive, best practice.

Community Bank 208

Community Bank Community Guidelines Risk Management 208

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

JANUARY 1, 2016

Government Accountability Office (GAO), community banks and credit unions are starting feel the impact of the Dodd-Frank Wall Street Reform Act. It also includes a provision for the GAO to study the regulations on an annual basis.

Community Bank 150

Community Bank Community Compliance Training 150

Abrigo

OCTOBER 8, 2014

This article is the first in a two-part series on top concerns and growth strategies of community banks. These are all phrases that resonate with community bankers. Data from Bank Director’s 2014 Growth Strategy Survey in August confirms that these are bankers’ greatest concerns. Blog Bank'

Community Bank 192

Community Bank Community Strategy Risk Management 192

Abrigo

SEPTEMBER 22, 2015

By eliminating or revising some of the items that banks must include in their call reports the FFIEC hopes to streamline the reporting and decrease the amount of time spent on them. The article allowed banking executives to weigh in on the subject. Sound is a $500 million institution.

Community Bank 150

Community Bank Community FDIC Survey 150

Finer Points

NOVEMBER 30, 2015

9 on American Banker’s BankThink blog. It is no wonder that the banking industry strongly opposes the Financial Accounting Standards Board’s proposed reforms to loan-loan loss reserve calculations. The proposal would force community banks, in particular, to completely overhaul their approach to lending.

Community Bank 100

Community Bank Community Lending Industry 100

Finer Points

SEPTEMBER 10, 2015

Following passionate advocacy from ICBA and community bankers, regulators issued a proposed rule to simplify community bank call reports and laid out their plan […]. This week we saw once again that our industry’s hard work and determination on behalf of regulatory relief can achieve tangible results in Washington.

Community 100

Community Washington Community Bank Regulation 100

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. A lengthy report released recently by the U.S.

Regulation 150

Regulation FDIC Survey Community Bank 150

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

Chris Skinner

JUNE 2, 2017

The race to become Islamic banking’s fintech hub The super-rich are different: they pay less tax. The post Things worth reading: 2nd June 2017 appeared first on Chris Skinner's blog.

Policies 185

Policies Community Bank Taxes Regulation 185

Abrigo

FEBRUARY 6, 2024

Takeaway 2 Community banks may face challenges seeking reimbursement for breach of warranty claims filed with other FIs. Takeaway 3 Banks and credit unions should leverage new tools to improve check fraud prevention that can ease the burden on their staff and safeguard customers.

Fraud 222

Fraud Training Trends Regional 222

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

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

FEBRUARY 23, 2022

After the success community banks and credit unions had helping businesses in their local communities with lending during the pandemic , financial institutions continue to turn to small business loans as a source of portfolio growth. Market Trend. Small business lending is a focus. Streamline the Process. keep me informed.

Lending 195

Lending Community Bank Community Analysis 195

Abrigo

JUNE 11, 2021

Takeaway 1 Regulators stress sound risk management practices that include the ability to identify and measure interest rate risk (IRR). Regulators have repeatedly stressed the importance of sound risk management practices that include the ability to identify and measure interest rate risk. EVE Analysis.

How To 195

How To Risk Management Analysis Kansas City 195

Abrigo

SEPTEMBER 14, 2022

In 2011, the CFPB interpreted Section 1071 to mean that obligations for financial institutions to collect, maintain, and submit data “do not arise until the [CFPB] issues implementing regulations and those regulations take effect.” Those implementing regulations were coming. Lending Regulation. Lending Regulation.

Lending 195

Lending Data Regulation Community 195

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

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. During the pandemic, fraud activity has increased, and fraudsters have found new ways to scam bank customers and credit union members.

Conference 195

Conference San Antonio Lending Fraud 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

William Mills

SEPTEMBER 12, 2017

William Mills Agency will be live blogging at FinovateFall 2017. Digital banking solutions for community banks and credit unions. PromonTech has a vision of a mortgage industry that is transparent, efficient and understandable for all: borrowers, lenders, regulators and investors. MalauzaiMonkeys. tpietrocola.

Samsung 69

Samsung Mobile User Experience Google 69

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

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. The Federal Reserve found that most bankers preferred to work with fintechs that "understand what it means to be a fiduciary and a financial services partner." Download Guide.

Fintech 195

Fintech How To Innovation System 195

Abrigo

SEPTEMBER 7, 2023

They can result in sub-optimal lending for community banks and credit unions as well as the communities they serve across the country. This blog post explores examples of five key reports to provide financial institutions with insight into their credit and lending processes and their portfolios.

Report 195

Report Lending Trends Data 195

Abrigo

SEPTEMBER 2, 2020

While this might have been the first time many community banks and credit unions have seen returns on a digitization investment, these same automation and efficiency gains can be found in other end-to-end lending solutions. 3 Ways SBA Lending After PPP Can Help Banks, Credit Unions Grow, Mitigate Risk. BSA Rules and Regulation.

Lending 259

Lending Community San Antonio Survey 259

CFPB Monitor

JULY 15, 2020

She went on to recognize the “herculean effort” community banks were making to help small businesses and families during the COVID-19 crisis, implying that the agency did not join the OCC in issuing the final rule because she did not want to add regulatory burden to FDIC-supervised banks during this challenging time.

FDIC 78

FDIC Community Bank Community Regulation 78

Abrigo

APRIL 28, 2017

Stress testing, especially for community banks, can be challenging because of the lack of specific methodologies and practices recommended by regulators. But banks need to take that first step. Regulators are encouraging banks to look at their commercial real estate (CRE) portfolios in greater detail.

Community Bank 150

Community Bank Regulation Community Regional 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

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

SEPTEMBER 2, 2020

While this might have been the first time many community banks and credit unions have seen returns on a digitization investment, these same automation and efficiency gains can be found in other end-to-end lending solutions. 3 Ways SBA Lending After PPP Can Help Banks, Credit Unions Grow, Mitigate Risk. BSA Rules and Regulation.

Lending 195

Lending Community San Antonio Survey 195

Abrigo

NOVEMBER 10, 2014

As a result, banks are having to spend more time and resources on complying with regulations instead of profitable activities such as booking new loans. For most community banks, this is difficult to address, especially if regulatory changes continue to increase. Blog Bank Credit Union'

Risk Management 170

Risk Management Community Bank Compliance Community 170

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

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

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

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

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