Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions. Blog Bank Credit Union' percent to 75.4

Community Bank 150

Community Bank Community FDIC Industry 150

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions. Blog Bank Credit Union' percent to 75.4

Community Bank 150

Community Bank Community FDIC Industry 150

Abrigo

JULY 10, 2023

As we harness the power of AI to enhance operational efficiency, detect patterns, and optimize decision-making processes, financial institutions must remain vigilant. Help your team plan for the unexpected with this webinar: "Building a strong future: Succession planning strategies for your AML program."

Fraud 150

Fraud How To social media Security 150

Abrigo

MARCH 25, 2020

Working with borrowers that are current on existing loans, either individually or as part of a program for creditworthy borrowers who are experiencing short-term financial or operational problems as a result of COVID-19, generally would not be considered TDRs,” the agencies said. Modifications not automatically TDRs. Asset/Liability.

FDIC 150

FDIC Regulation Exercises Community 150

Abrigo

SEPTEMBER 16, 2019

Is the current period a good time to expand your operations? How do you expect your bank’s capital expenditures on facilities or operations to change over the next 12 months? The survey for the inaugural index included 512 FDIC banks responding from early in the second quarter through July 5. Asset/Liability. Credit Risk.

Community Bank 150

Community Bank Community Policies Survey 150

Abrigo

OCTOBER 28, 2022

Overall, FDIC-insured commercial banks and savings institutions aren’t seeing dramatic increases in net charge-offs ( Chart 1 ) or rates related to declining asset quality ( Chart 2 ), such as past-due rates and rates for non-current loans. Comments on the proposal were due Oct. watch webinar. C&I Loans. Construction Lending. Learn More.

Management 195

Management Risk Management Policies Lending 195

PopularBank

AUGUST 31, 2022

“As a bank built on strong ties to the clients and the communities we serve, offering a competitive and a financially inclusive suite of products is a strategic priority,” said Manuel Chinea, Chief Operating Officer at Popular Bank. appeared first on Blog Popular Bank. Learn more about our products and services at popularbank.com.

New Jersey 52

New Jersey Florida FDIC New York 52

CFPB Monitor

DECEMBER 3, 2015

A blog post about payday lending, “Reframing the Debate about Payday Lending,” posted on the New York Fed’s website takes issue with several “elements of the payday lending critique” and argues that more research is needed before “wholesale reforms” are implemented.

Lending 60

Lending Study New York Kansas 60

Jeff For Banks

DECEMBER 10, 2023

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. Jeff Note: I make no investment recommendations in this article or this blog.

Fresno 103

Fresno North Carolina Raleigh FDIC 103

PYMNTS

MARCH 30, 2020

The company is also reportedly “completely” closing down its Bangalore, India operations. Frohwein had said in a blog post that also circulated three weeks ago that a three-week global quarantine would be a way to combat the pandemic. “It staff, which has 500 employees. We realize this is a shock to everyone.

Lending 151

Lending FDIC Fintech Operations 151

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Watch NOW Takeaway 1 Portfolio risk and accounting professionals often keep up to date on industry trends by reading Abrigo's blog.

Risk Management 221

Risk Management Regulation Management Lending 221

Independent Banker

NOVEMBER 21, 2021

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. The team at Walden Mutual, a planned de novo in Concord, N.H.,

Community 170

Community New Hampshire New York Millennials 170

Abrigo

JULY 20, 2021

Investors buy these loans because the interest rates are generally high compared to the risk, as the only risk the investor incurs is prepayment risk," the FDIC said in a " Supervisory Insights ” article. "In the secondary market, guaranteed loans are liquid and command a premium. Ready to explore SBA Lending? Check out these resources.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

Investors buy these loans because the interest rates are generally high compared to the risk, as the only risk the investor incurs is prepayment risk," the FDIC said in a " Supervisory Insights ” article. "In the secondary market, guaranteed loans are liquid and command a premium. Ready to explore SBA Lending? Check out these resources.

Lending 195

Lending FDIC Capital Risk Management 195

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. This sounds like the best of both worlds – social funding for SMB’s with the backing of their FDIC-insurance bank. Juvo makes it easy for mobile operators to find them. If you missed any presentations, catch up on our blog from Day 1 here. finovate Tweets.

social media 40

social media ATM Mobile Customer Experience 40

Abrigo

NOVEMBER 3, 2014

Blog Bank Credit Union' Every bank has a board of directors , with each member providing his or her experience and expertise to develop strategic plans and enhance the institution as a whole.

Meeting 170

Meeting Policies Training Exercises 170

Abrigo

JANUARY 22, 2015

The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. Firms seeking credit had varying purposes for doing so, but among the most popular were expanding their business, funding day-to-day operations and replacing capital assets.

Community Bank 150

Community Bank Community Regional Cleveland 150

CFPB Monitor

JULY 7, 2022

We will soon be publishing a separate blog post about the implications of the EPA opinion for rules adopted by the CFPB, FTC, and other agencies that conduct rulemaking in the consumer financial services area. .

Groups 145

Groups West Virginia Policies Virginia 145

CFPB Monitor

APRIL 1, 2021

In what could be an important step towards needed regulatory updating to accommodate the growing use of artificial intelligence (AI) by financial institutions, the CFPB, FDIC, OCC, Federal Reserve Board, and NCUA issued a request for information (RFI) regarding financial institutions’ use of AI, including machine learning (ML).

Risk Management 78

Risk Management Training Lending FDIC 78

Celent Banking

JUNE 22, 2017

Source: FDIC, Celent analysis. 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

CFPB Monitor

JUNE 22, 2022

In this blog post, we continue to explore the Proposal in more detail by discussing some key differences between the Rescinded Rule and the Proposal, namely differences in(1) how banks delineate assessment areas; (2) the evaluation framework used; and (3) data collection and data retention requirements. (1)

Regulation 78

Regulation Community Lending Retail 78

CFPB Monitor

JANUARY 25, 2021

We will soon be publishing a separate blog post on the final rule.). Acting Comptroller Brian Brooks left the OCC on January 14 and Chief Operating Officer Blake Paulson was named Acting Comptroller upon Mr. Brooks’ departure. (The rule was expected to be published in the Federal Register in February 2021.). OCC rules.

Policies 78

Policies FDIC Leadership Meeting 78

Abrigo

JUNE 23, 2017

The Richmond Fed listed five considerations: • Current operating practices • Historical values or levels • Projected values or levels indicated in strategic plans and/or budgets • The institution’s overall financial condition (including earnings and capital levels) • Discussions with management about risk appetite and strategic initiatives.

Policies 150

Policies Risk Management Survey FDIC 150

CFPB Monitor

AUGUST 8, 2019

A new CFPB blog post titled “ An update on credit access and the Bureau’s first No-Action Letter ” provides a boost to lenders using alternative data and machine learning in their underwriting models. In its blog post, the CFPB shares results provided by Upstart of simulations and analyses it conducted pursuant to that plan.

Data 60

Data Lending Compliance Policies 60

Jeff For Banks

OCTOBER 7, 2021

As part of the presentations, I had an audience participation segment where attendees suggested how to get off the hot rate addiction and I promised to publish their responses on my blog. Here were their answers. They may be on IRA CD's or their emergency fund account, where they at least will want to cover inflation.

How To 78

How To Conference Branding FDIC 78

Jeff For Banks

MARCH 3, 2018

Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. They can be a strategic shift of your franchise, a new product line, or a new operating environment. Did I get caught up in the change-or-die crowd?

Apple 66

Apple Millennials Massachusetts FDIC 66

FICO

OCTOBER 4, 2016

Adopted in 1977, the CRA is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. My colleague has written a series of blog posts detailing our research and the promise that this new score holds.

Lending 74

Lending Data Community FDIC 74

Jeff For Banks

SEPTEMBER 10, 2011

This blog has dug deep into the numbers to support the notion that bigger is better. They acquired seven failed institutions in Georgia, Florida, and South Carolina from the FDIC, adding over $2 billion of acquired assets since March 2010. 5: German American Bancorp ~ Jeff Note: I make no investment recommendations in my blog.

Arkansas 66

Arkansas South Carolina FDIC North Carolina 66

MyBankTracker

JUNE 12, 2020

The catch: The ATM operator may impose a surcharge on top of the EIP Card’s fee. Even worse: If you check the card balance in an out-of-network ATM, the ATM operator may impose a surcharge on top of the EIP Card’s fee. Here are the most common card fees to avoid: Out-of-network ATM withdrawals. ATM balance inquiry fee.

Cards 52

Cards How To ATM Puerto Rico 52

MyBankTracker

AUGUST 5, 2020

PSECU will rebate up to $8 per month in surcharge fees from out-of-network ATMs (usually, an out-of-network ATM operator will charge roughly $3 per transaction). Banks have deposit insurance from the FDIC, which insures up to $250,000 per person per account ownership type at each FDIC-insured bank. Conclusion. 1) You can earn 1.5%

Pennsylvania 52

Pennsylvania ATM FDIC Cards 52

Jeff For Banks

FEBRUARY 3, 2018

In 2013, there were 6,812 FDIC-insured financial institutions. And since NIMs are holding steady, it leaves me to think that operating expense control or increased profitability in fee-based businesses are at work. As balance sheets grow, operating expenses grow less, creating greater efficiency. Positive operating leverage!

Taxes 60

Taxes Regional Industry Trends 60

FICO

APRIL 7, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Small touches (such as an FDIC logo and lock/shield icons) can make an enormous difference.

Digital Banking 52

Digital Banking Security Fraud America 52

Jeff For Banks

DECEMBER 26, 2012

In its latest investor presentation, BofI highlighted it''s expense ratio (operating expense as a percent of average assets) compared to peer as 1.67% versus 3.17%, respectively, and efficiency ratio (operating expense as a percent of total revenue) compared to peer as 35% versus 63%, respectively. Your shareholders have been rewarded!

Texas 79

Texas National FDIC Capital 79

Jeff For Banks

DECEMBER 16, 2022

4 First BanCorp (NYSE: FBP) First BanCorp is a full service financial institution with operations in Puerto Rico, the British Virgin Islands, and Florida. They were under an FDIC consent order from 2014 through 2020 relating to their BSA and OFAC compliance and their relationship with third parties seeking access to the banking system.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Abrigo

JANUARY 29, 2020

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending. On January 28, the Federal Deposit Insurance Corp.

Lending 195

Lending How To FDIC Survey 195

MyBankTracker

DECEMBER 17, 2020

The Best Online Bank category includes online-only banks that operate less than 10 domestic retail locations. On top of that, the owner or operator of the out-of-network ATM could impose a surcharge too. Also, make sure these online banks are FDIC-insured or member of the FDIC. You may pay from as little as $0.99

ATM 52

ATM Cards FDIC Online 52

NCR

DECEMBER 18, 2015

The FDIC estimates that some 10 million households have no contact with a banking institution of any kind. On this blog, we’ve commented often on how financial services providers have had critical functions hijacked by more nimble technology vendors. For the record, this is a massive market.

Apple 40

Apple Retail FDIC Mobile 40