Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 222

Risk Management Management Lending Capital 222

PYMNTS

JANUARY 5, 2021

The San Jose-based community development financial institution, or CDFI, on Tuesday (Jan. The Opportunity Fund provides working capital loans ranging from $2,600 to $100,000 to underserved businesses that might otherwise run afoul of more rigid underwriting requirements and more extensive documentation rules at traditional lenders.

San Jose 198

San Jose Lending Community California 198

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 documenting accordingly. Photo by Chris Williams. My top three.

Community Bank 171

Community Bank Community Lending Training 171

Gonzobanker

FEBRUARY 22, 2024

Community banks need to analyze the demographics and varied business segments to identify the growth potential of each market. Since fintechs are the primary competition for community banks in this space, the VP of business lending needs to pay special attention to this segment. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

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. By Susan Springer.

Oregon 91

Oregon Community Bank Community Meeting 91

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. That realization sparked the idea at Summit Bank to create a microloan program that would target underserved groups in its communities. By Beth Mattson-Teig.

Lending 150

Lending Community Community Bank Compliance 150

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 3 Articles specific to small community banks were among the most-read blogs, with best practices for construction lending at the top of the list.

Lending 222

Lending Risk Management Community Management 222

PYMNTS

JANUARY 8, 2021

There's no doubt that the small business community is facing a period of immense tribulation. As Eiriz explained, the small business lending community has the opportunity, and perhaps even the obligation, to embrace collaboration and dig deeper into the entrepreneurial community in order to best serve SMBs and support the broader economy.

Strategy 231

Strategy Community Maine Lending 231

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. A relationship-based, community focus in a digital world. learn more.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

SEPTEMBER 18, 2020

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. eFileCabinet.

San Jose 226

San Jose Capital Utah Operations 226

South State Correspondent

FEBRUARY 27, 2022

ARC enables community banks to take advantage of a flat yield curve, differentiate the bank from market competitors, provide a higher level of service to better customers, and instill more relationship business – all of this leads to more loans and more profitable customers. Current Risk in Term Lending. Why ARC Makes Sense. Differentiate.

Lending 195

Lending Community Bank Community Meeting 195

PYMNTS

DECEMBER 13, 2019

by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital. venture capital investments in U.K. venture capital investments in U.K.

Capital 132

Capital Lending Strategy Community 132

Abrigo

NOVEMBER 8, 2019

Top down and bottom up analysis can inform capital assessments. Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. Stress testing and capital adequacy.

Lending 150

Lending Risk Management Analysis Capital 150

Gonzobanker

SEPTEMBER 21, 2023

Core connectivity and API providers CFM and NXTsoft merged, acquiring document workflow provider IMM and rebranding as Kinective. Alogent acquired document imaging and tracking solution provider AccuSystems. Rippling , an HR and payment software startup, raised Series E financing from Greenoaks Capital.

Fintech 103

Fintech Software Illinois Lending 103

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. A relationship-based, community focus in a digital world. learn more.

Lending 195

Lending Community San Antonio Survey 195

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. A simple cost-plus loan pricing model is one method of pricing loans, he wrote in a newsletter for community banks that cites the Fed's Commercial Bank Examination Manual (CBEM).

Software 195

Software Lending Philadelphia Capital 195

Abrigo

JULY 5, 2020

Secure online portals allowed PPP loan applicants to upload required documents, and many credit unions finalized borrower applications with electronic signatures. Capitalize on growth opportunities with new members. The SBA didn’t break out larger credit union PPP lending activity.) Among all 5,459 PPP lenders, more than $520.6

Technology 195

Technology Lending Capital Meeting 195

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

APRIL 8, 2020

Automation is key to streamlining PPP loans and getting capital into the hands of small business owners quickly. More than ever, this is the time for community financial institutions to step up to the plate and show small businesses that they are there to see their success all the way through, beginning with the PPP loan.

Lending 195

Lending How To Resources Community 195

Abrigo

MARCH 22, 2023

See Part I: Implications for Community Financial Institutions. Read now Means and methods How trade-based money laundering works In recent years, investigations have documented how terrorist organizations work with transnational organized crime groups to facilitate terrorist financing.

Training 195

Training Fraud New Jersey Regulation 195

Abrigo

JULY 25, 2017

Leading up the recession and these significant losses, CRE grew in a regulatory environment that “permitted lower capital requirements and did not impose lending caps, merely supervisory limits”. These caps were 100% of capital for construction loans, and 300% for all investor CRE. What are HVCRE loans?

Risk Management 150

Risk Management Management Capital Lending 150

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.” The three pillars include maintaining minimum capital requirements, a supervisory review process and market discipline.

How To 238

How To Capital Community Bank Maine 238

PopularBank

MAY 24, 2024

Staying informed, making sure your facility’s current procedures align with the CMS mandate, investing in staff training, resident engagement and community partnerships can all aide in finding the right solution for your facility. Developing a local talent pipeline will help meet the staffing mandate as well as bring jobs into the community.

Operations 52

Operations Training Community Meeting 52

PYMNTS

JANUARY 15, 2021

Investors continue to fuel the growth of the B2B technology startup community with another busy week in funding. Its micro-financing portal targets SMBs that cannot access capital via traditional means. Sequoia Capital India led the Series A investment, TechCrunch reported. PYMNTS rounds up all the latest deals below.

Capital 167

Capital Fintech Operations Technology 167

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

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. April 2011.

Community Bank 91

Community Bank Community Software New York City 91

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. billion from $515.3 billion between Dec. But this year, only 15% described core deposit growth as a “very important” risk. Conference Registrations.

Conference 195

Conference San Antonio Lending Fraud 195

PYMNTS

JUNE 29, 2016

Venture capitalists continue to back the alternative lending startup community despite recent fallout from Lending Club and revelations the company’s then-CEO Renaud Laplanche allegedly falsified loan documents. Also on Tuesday, India alternative lending marketplace Lendingkart announced its own investment round.

Lending 101

Lending Capital Industry Fintech 101

PYMNTS

JULY 10, 2019

The DataShare solution will enable PayNet clients to automate the data gathering, sharing and analyzing process when underwriting small business loans via financial documents, accelerating the loan decision process while mitigating risk for lenders. The companies noted that this addresses friction for both borrowers and lenders.

Data 115

Data Lending Analytics Community 115

Abrigo

SEPTEMBER 1, 2020

There are multiple benefits to doing this, but here are three: For some community financial institutions, SBA lending represents a new product. SBA lending software that automates the application ( SBA 1919 ), document-gathering, and submitting SBA loan applications to E-Tran , can help – as it did with the PPP. Practice makes perfect.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

There are multiple benefits to doing this, but here are three: For some community financial institutions, SBA lending represents a new product. SBA lending software that automates the application ( SBA 1919 ), document-gathering, and submitting SBA loan applications to E-Tran , can help – as it did with the PPP. Practice makes perfect.

Lending 195

Lending Training Technology Survey 195

Abrigo

SEPTEMBER 5, 2023

3 categories of credit exceptions I would divide exceptions into three categories: structural credit exceptions, account management exceptions, and documentation exceptions. For example, documentation would encompass perfection, administrative (insurance, UCC-11s, etc.), and property tax payments. Talk to a specialist to learn more.

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

APRIL 1, 2015

While the larger banks are receiving the bulk of attention, boards at smaller, community banks are realizing that they’re not immune to this heightened attention. One important consideration is the use of a formal risk appetite statement or document. These smaller banks have also seen new, and more frequent, attention from regulators.

Risk Management 150

Risk Management Community Bank Regulation Boston 150

PYMNTS

DECEMBER 19, 2018

In a PYMNTS interview, Carpenter said the program has “blossomed and organically grown [into] this whole community full of developers that are building tools [for the] financial industry.” Secondly, they can’t have raised more than $200,000 in capital. First, they can’t take in more than $10,000 a month in revenue.

Fintech 151

Fintech Wisconsin Data Tools 151

Gonzobanker

AUGUST 17, 2022

Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M

Fintech 182

Fintech Lending Software Compliance 182

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. • Tracking loans by vintage.

Community Bank 225

Community Bank Analysis Community Video 225

Abrigo

NOVEMBER 9, 2022

Some CECL consultants can provide financial institutions with the model and initial allowance calculation, including documentation of the decision and backtesting. It can also reduce the time spent on documenting decisions and report writing. Prepare documentation—policies and procedures—as you go. Their other advice?

Survey 195

Survey Software Resources Meeting 195