Independent Banker

APRIL 30, 2022

During the pandemic, many community banks needed to change how they operated. It can clarify roles and responsibilities, encourage timely communication and help community banks operate more efficiently. When the pandemic hit in early 2020, mitigating risk took on a whole new meaning for community banks.

Oregon 91

Oregon Community Bank Community Meeting 91

Independent Banker

JUNE 30, 2022

Working through any difficulty or crisis at your community bank won’t be a walk in the park, but it may lead to an experience for which you’re truly grateful. As a community banker, you’re either going through a crisis or you’re preparing for one. And today, CAMELS are a main area of focus for our bank. My top three.

Community Bank 171

Community Bank Community Lending Training 171

ABA Community Banking

MARCH 16, 2022

The American Bankers Assocaition raised concerns today regarding documentation for the Treasury Department’s Emergency Capital Investment Program, a program aimed at helping community development financial institutions and minority depository institutions support access to capital in underserved communities.

Capital 52

Capital Community Community Bank Policies 52

Abrigo

DECEMBER 22, 2023

download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Core connectivity and API providers CFM and NXTsoft merged, acquiring document workflow provider IMM and rebranding as Kinective. Finastra partnered with Glia for digital customer service.

Fintech 103

Fintech Software Illinois Lending 103

Independent Banker

JANUARY 31, 2022

These community banks are working to fix that through microlending programs. Now, some community banks are launching microlending programs to redress the balance. which operates $12 billion-asset OceanFirst Bank N.A. By Beth Mattson-Teig. in Toms River, N.J. Terms were up to five years at an interest rate of 2.0%

Lending 150

Lending Community Community Bank Compliance 150

Abrigo

AUGUST 28, 2022

One overall benefit of effective loan pricing is that it is one of the many ways a financial institution can optimize capital. Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy.

Software 195

Software Lending Philadelphia Capital 195

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

Community Bank 91

Community Bank Community Software New York City 91

Abrigo

OCTOBER 2, 2014

Following the recent financial crisis, the Basel Committee of Banking Supervision (BCBS) set out to “strengthen global capital and liquidity rules with the goal of promoting a more resilient banking sector.” minimum tier 1 capital ratio and a 3.5% Blog Bank Credit Union' Some requirements, like a 4.5%

How To 236

How To Capital Community Bank Maine 236

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. One potential use of surplus budget funds is to get your bank or credit union’s loan review process automated for 2022.

Conference 195

Conference San Antonio Lending Fraud 195

Abrigo

NOVEMBER 21, 2014

Those kinds of wording tweaks may be minor in terms of language of the document itself, but significant in terms of how you apply that standard.” How should community banks prepare for the transition? • Capital plan for the adjustment. • Accounting for the life of the loan.

Community Bank 223

Community Bank Analysis Community Video 223

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.

Risk Management 150

Risk Management Community Bank Regulation Boston 150

Abrigo

APRIL 14, 2020

Internal plans should document credit concerns and assess current liquidity. After the Great Recession, financial institutions retained more capital to build in buffers to face uncertain times like this. Document plans for credit concerns. However, be careful on rationale and documentation for the change.

Community 195

Community Lending Meeting Marketing 195

Abrigo

NOVEMBER 9, 2022

One option for banks to meet the CECL implementation date while ensuring the optimal use of crucial bank staff in the interim is to work with a CECL consulting team on an outsourced transition. It can also reduce the time spent on documenting decisions and report writing. Prepare documentation—policies and procedures—as you go.

Survey 195

Survey Software Resources Meeting 195

Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements.

Compliance 101

Compliance Regulation Community Bank Community 101

Gonzobanker

MAY 31, 2019

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” Source: DeBanked ) Square Capital lent about $1.6 In a recent American Banker. Source: DeBanked ).

Lending 136

Lending Community Bank Community Data 136

Gonzobanker

NOVEMBER 2, 2023

Pillar #2: Leaders Transcend Daily Hustle to Build New Systems Most regional and community banks grew up executing the fundamentals with sheer hustle and hard work. Smarter Bank leaders have an eye for designing and building new systems that align people, processes and technology and that leverage data and intellectual capital.

Leadership 158

Leadership Industry Management Resources 158

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

FEBRUARY 27, 2020

The list goes on, and we haven’t even gotten into creating closing documents or credit presentations. Many community bankers expect a recession will start by at least mid-2021, according to the most recent Community Bank Sentiment Index.

Lending 243

Lending Survey Data System 243

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Kennebec Savings Bank.

Community Bank 196

Community Bank Community National Fresno 196

Abrigo

JULY 30, 2015

What is the impact to the bank? Will I still be in compliance with capital ratios? And given that Basel III is out and effective, will I be in compliance with fully phased-in Basel III capital ratios?”. And given that Basel III is out and effective, will I be in compliance with fully phased-in Basel III capital ratios?”.

Data 150

Data Community Bank Capital Compliance 150

Abrigo

FEBRUARY 16, 2016

As nonprofits grow and expand their efforts, some financial institutions are providing capital to help organizations bridge any gaps between revenue and spending. notes that some nonprofits facing tighter funding from federal and state governments are turning to community banks for commercial loans and lines of credit.

Analysis 150

Analysis Lending Community Bank Community 150

Abrigo

JANUARY 29, 2016

One overall benefit of effective loan pricing is that it is one of the many ways a financial institution can optimize capital. Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy. According to James L.

Capital 150

Capital Philadelphia Policies Strategy 150

Abrigo

SEPTEMBER 2, 2020

Capitalizing on PPP innovations for a better experience. To reduce the need for face-to-face engagement during the initial PPP application window, some community financial institutions leveraged technology that enabled their bank or credit union to develop a “digital branch.”

Lending 259

Lending Community San Antonio Survey 259

Independent Banker

JULY 30, 2015

Capital market access and employee ownership help fuel Veritex Community Bank’s rapid growth. After a career of nearly three decades as a banker serving various community and regional institutions in the Dallas-Fort Worth area, C. The bank uses the slogan “Truth in Texas Banking.”). By Kerry Curry.

Texas 70

Texas Fort Worth Dallas Community Bank 70

Abrigo

AUGUST 5, 2020

Credit memos are one of the most important documents in the life of the loan, as loan committees use these documents to determine whether or not to approve a loan. Credit risk management has been a cornerstone of community banking, and it will continue to be a top priority in this unique credit environment. Learn More.

Management 195

Management Risk Management Trends Industry 195

Abrigo

SEPTEMBER 2, 2020

Capitalizing on PPP innovations for a better experience. To reduce the need for face-to-face engagement during the initial PPP application window, some community financial institutions leveraged technology that enabled their bank or credit union to develop a “digital branch.”

Lending 195

Lending Community San Antonio Survey 195

Independent Banker

MARCH 15, 2015

Inside and outside Washington, most people agree the time has come to enact real, meaningful and significant regulatory relief for community banks. It’s the Plan for Prosperity, ICBA’s legislative platform outlining for the 114th Congress specific, targeted regulatory relief measures for community banks.

Community Bank 70

Community Bank Washington Community Regulation 70

Independent Banker

FEBRUARY 24, 2015

Inside and outside Washington, most people agree the time has come to enact real, meaningful and significant regulatory relief for community banks. It’s the Plan for Prosperity, ICBA’s legislative platform outlining for the 114th Congress specific, targeted regulatory relief measures for community banks.

Community Bank 70

Community Bank Washington Community Regulation 70

Independent Banker

DECEMBER 28, 2015

The Office of the Comptroller of the Currency published its supervisory priority objectives for midsize and community banks for 2016. The document provides a general guidance of not only the supervisory priorities of the OCC but also a likely consensus of supervisory trends of other federal regulatory agencies. By Tim Cook.

Community Bank 70

Community Bank Compliance Community Lending 70

Independent Banker

JANUARY 28, 2016

As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Safety and soundness concerns will remain a prominent driver of that supervisory dynamic for community banks. What should community banks anticipate here? IB: So what should community banks anticipate here?

Community Bank 70

Community Bank Community Regulation Lending 70

Independent Banker

SEPTEMBER 21, 2015

Under the right circumstances, providing residential mortgages that fall outside of the new federal Qualified Mortgage definition could help a community bank grow its lending, some community bankers say. a $613 million-asset community bank serving central and northern Wisconsin that engages in non-QM lending.

Community Bank 70

Community Bank Lending Community Survey 70

PYMNTS

MAY 27, 2020

And as HMBradley’s Bruhnke told Webster, “I always joke that I don’t understand what traditional banking is. If you talk to a bank CEO, they will tell you that most of them want to grow deposits, unless you are big enough that you worry about allocating capital.

Fintech 236

Fintech Innovation Digital Banking FDIC 236

Abrigo

APRIL 22, 2024

Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. While small business loans inherently benefit business owners, they also benefit communities, according to 2021 research for the SBA. At the same time, 59% pursued credit to meet operating expenses. economic ecosystem.

Lending 243

Lending St. Louis Community Marketing 243

Abrigo

APRIL 15, 2022

Key assumptions should be reviewed, documented, and approved annually. This measure was introduced with Basel III and is required for banks with more than $250 billion in assets, or $10 billion in foreign assets, and the subsidiaries of these banks with at least $10 billion in assets.

Management 195

Management Meeting Risk Management Operations 195

Gonzobanker

AUGUST 21, 2020

How will our board of directors support critical investments in the face of dwindling profits and shifting capital management priorities? Thankfully, most long-term banking priorities remain intact and were even accelerated in some cases. Customer documents were converted to only require electronic signatures within a few days.

Software 78

Software Meeting Tools Community Bank 78

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure. touched off a wave of bankruptcies.

Community Bank 195

Community Bank Community Los Angeles Regional 195