Independent Banker

DECEMBER 31, 2022

The FDIC approved a final rule to increase initial base deposit insurance assessment rates by 2 basis points until the Deposit Insurance Fund (DIF) achieves the FDIC’s long-term goal of a reserve ratio of 2% of insured deposits. The FDIC’s long-term goal for the reserve ratio of insured deposits. Source: FDIC.

Compliance 100

Compliance FDIC Community Bank Community 100

Abrigo

SEPTEMBER 5, 2023

Path to removal – Sometimes an exception is like the Hotel California – you can check out anytime you like, but you can never leave. This is particularly true of credit exceptions related to account management (e.g., As the FDIC said recently: Exceptions to policy should be few in number and properly justified, approved, and tracked.

Policies 195

Policies Lending Risk Management Examples 195

Independent Banker

FEBRUARY 24, 2016

Obviously these local lenders took notice when the Federal Reserve, the FDIC and the Office of the Comptroller of the Currency recently issued a joint statement pointing out increased risks in CRE lending. Smart for California. Howard Schneider is a freelance financial writer in California.

Community Bank 70

Community Bank Lending Community Regulation 70

Abrigo

SEPTEMBER 14, 2022

In fact, it took a lawsuit initiated by a California community group in 2019 to get things moving. California Reinvestment Coalition v. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. FDIC Releases Formal and Informal Enforcement Actions Manual.

Lending 195

Lending Data Regulation Community 195

Independent Banker

JUNE 30, 2022

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. California International Bank, N.A. By Ed Avis.

Community Bank 172

Community Bank Community National Philadelphia 172