Independent Banker

APRIL 30, 2022

During the pandemic, many community banks needed to change how they operated. For this and other reasons, now is a good time to review and refresh articles, bylaws and committee charters to ensure resilience and bolster risk management. But if they see it as a risk management tool, it’s a game changer. Quick Stat.

Oregon 91

Oregon Community Bank Community Meeting 91

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

Abrigo

MARCH 31, 2017

Commercial real estate lending continues to receive regulatory scrutiny and reminders for financial institutions to practice solid risk management. Eberley, director of the FDIC's Division of Risk Management Supervision wrote in the publication.

FDIC 186

FDIC Risk Management Analysis Lending 186

Gonzobanker

SEPTEMBER 21, 2023

Core connectivity and API providers CFM and NXTsoft merged, acquiring document workflow provider IMM and rebranding as Kinective. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alogent acquired document imaging and tracking solution provider AccuSystems.

Fintech 103

Fintech Software Illinois Lending 103

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.

Lending 195

Lending Community Bank Community Meeting 195

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

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.

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. Lynn McKenzie and Edmund Green of KMPG recently contributed an article to Bank Director on how boards can challenge their banks’ management on risk.

Risk Management 150

Risk Management Community Bank Regulation Boston 150

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. Credit Risk Management.

Lending 195

Lending Risk Management Technology Survey 195

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. Therefore, it’s essential that the credit memo captures the complete picture of the borrower to ensure proper risk management. Portfolio Risk & CECL.

Management 195

Management Risk Management Trends Industry 195

Abrigo

FEBRUARY 27, 2020

They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management. The list goes on, and we haven’t even gotten into creating closing documents or credit presentations.

Lending 243

Lending Survey Data System 243

Abrigo

JULY 28, 2021

Takeaway 3 Beginning CECL adoption earlier provides time needed for backtesting, documentation, and developing disclosures. While conducting CECL testing, consider the impact each scenario will have on capital. CECL implementation and documentation, testing. Start CECL ASAP and have sufficient time to document your decisions.

Resources 195

Resources San Antonio Data Regulation 195

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. But this year, only 15% described core deposit growth as a “very important” risk. Credit Risk Management. Lending & Credit Risk.

Conference 195

Conference San Antonio Lending Fraud 195

Independent Banker

SEPTEMBER 25, 2014

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. Be aware of existing or emerging risk concerns. By Karen Hoffman. Tread carefully with loan growth and underwriting.

Compliance 101

Compliance Regulation Community Bank Community 101

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 154

Leadership Industry Management Resources 154

Abrigo

FEBRUARY 23, 2022

How we manage the flow of documents is a huge piece of loan ops; how we store those documents appropriately; how we’re getting them to and from our lenders or appraisers or the third-party vendors that we use—all that stuff really opens itself up to process improvement. Lending & Credit Risk. Credit Risk Management.

How To 195

How To Lending Software 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

APRIL 15, 2022

As is the case with effectively managing interest rate risk , managers need to understand their cash flows in and out of the institution to effectively manage liquidity and meet all regulatory requirements. Liquidity risk managers need to ensure that all assumptions are reasonable and appropriate.

Management 195

Management Meeting Risk Management Operations 195

Abrigo

JULY 20, 2021

Even if community businesses don’t end up utilizing the federally guaranteed loans , many small businesses have heard of SBA loans and want to explore them. During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

Even if community businesses don’t end up utilizing the federally guaranteed loans , many small businesses have heard of SBA loans and want to explore them. During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp.

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

NOVEMBER 7, 2018

CEO Scott Sanborn said that results benefited partly as the firm was and has been able to serve broad range of investors across the company’s platform, marked by varying cost of capital and risk appetites.

Taxes 159

Taxes Management Risk Management Capital 159

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

Capital 150

Capital Philadelphia Policies Strategy 150

Abrigo

JULY 30, 2015

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?”. What is the impact to the bank?

Data 150

Data Community Bank Capital Compliance 150

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? Anticipating safety and soundness exam issues in 2016.

Community Bank 70

Community Bank Community Regulation Lending 70

Independent Banker

DECEMBER 13, 2015

Even if you’re not required to use either version of the Cybersecurity Assessment, beta users say it can help your community bank gauge its cybersecurity risks and ultimately guard against cybercrime. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Risk levels have a five-point range.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Even if you’re not required to use either version of the Cybersecurity Assessment, beta users say it can help your community bank gauge its cybersecurity risks and ultimately guard against cybercrime. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Risk levels have a five-point range.

Tools 70

Tools Community Community Bank Security 70

PYMNTS

APRIL 9, 2020

What we need to be told is that we have this document, we have authorization and we’re good to go,” Speight explained. Second: Eliminate The Capital Crunch . Reducing the problem to its simplest terms, he noted: one week in, and there are just too many things that all bankers don’t know. Edwards said.

Lending 285

Lending Capital Washington Risk Management 285

Lex Sokolin

DECEMBER 25, 2019

This makes me realize how much I miss being able to get into a meaty, quantitative analysis in a well-formatted PowerPoint document. If you withdraw your Ether, you get charged an interest rate determined by an open governance community. As 2020 sneaks upon us, it’s the season for predictions and prognostications.

blockchain 52

blockchain Bitcoin Software Lending 52

Fintech Labs Insights

SEPTEMBER 1, 2015

Buzz Points partners with community banks and credit unions to reward consumers for buying local and banking local. Dealflow is building the largest channel for online capital formation. Ephesoft Smart Capture solutions classify documents and extract meaning from their content. Blockstack.io Dynamics, Inc.

Company 12

Company Software Analytics Mobile 12