Abrigo

FEBRUARY 23, 2023

Meanwhile, leaders at small banks recognize that their institutions play a vital role in helping community businesses and individuals not only weather uncertainty but also thrive. How can community financial institution leaders manage their challenges and seize their opportunities at the same time? The result?

Community Bank 195

Community Bank Kansas City Community Lending 195

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

Independent Banker

AUGUST 31, 2021

This month’s issue of Independent Banker focuses on regulation and compliance, which continue to be costly and important topics for our industry. Government Accountability Office report concluded that a “very small” community bank could spend up to 2.4% of operating expenses on Bank Secrecy Act (BSA) work alone.

Community 145

Community Community Bank Compliance Regulation 145

Independent Banker

FEBRUARY 28, 2022

This allows community banks to triage, evaluate and rectify issues before they become problems. Using tailored tracking and reporting technology, and a network of financially focused digital outlets, the company helps community banks monitor and measure customer engagement and sign-ups. An alumnus of ICBA’s ThinkTECH 2.0,

Community Bank 148

Community Bank Community Innovation Tools 148

CFPB Monitor

OCTOBER 25, 2022

Following up on a threat it made back in 2018 , the New York State Department of Financial Services (DFS) announced on October 6, 2022 that it entered into a consent order with Rhinebeck Bank (“Rhinebeck”) to settle discrimination claims involving discretionary dealer markups on retail installment contracts with minority borrowers.

New York 78

New York Lending Community Bank Community 78

Independent Banker

OCTOBER 1, 2022

Shielding sensitive customer information from prying eyes remains a chronic industry challenge. But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building.

Data 91

Data How To Community Bank California 91

CFPB Monitor

OCTOBER 5, 2022

Federal Reserve Governor Bowman voted against the rule stating: “During the public comment process, community banks raised substantial concerns with the proposal. See the banking industry group February 1, 2022 letter to the Federal Reserve on behalf of the community banks.

Regulation 78

Regulation Cards Community Bank Community 78

South State Correspondent

OCTOBER 26, 2023

The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon. Sunday Programming: consisted of a federal lobbying track, AI Summit, Small Business, Fraud, running a fintech, cannabis banking, and modernizing the banking core system.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

SEPTEMBER 17, 2020

Michael Emancipator , vice president and regulatory counsel for the Independent Community Bankers of America (ICBA), a trade group representing community banks, said there wasn't a need for such low thresholds. These exemptions would leave too many community banks subject to the rulemaking.”.

Data 132

Data Community Bank Community America 132

Abrigo

FEBRUARY 11, 2022

The decision appears to mark the board’s final word on ongoing petitions from community banks and credit unions who asked for a delay or total exemption. Petitioners argued that the non-public entities with no shareholders should be excluded, since an original goal of CECL was to provide investors with more helpful information.

Resources 195

Resources Regulation Community Bank Community 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. It's "business as usual" as far as expectations for compliance staff to remain alert for illicit financial activity. Asset/Liability.

Conference 195

Conference San Antonio Lending Fraud 195

Independent Banker

AUGUST 31, 2022

ICBA’s Bank Security Institute offers critical incident response strategies to keep your physical branch location safe. The pandemic forced industries to accelerate their adoption of digital applications, and community banking was no exception. Held in Bloomington, Minn., Learn more ».

Community 91

Community Security Community Bank Fraud 91

CFPB Monitor

SEPTEMBER 14, 2021

Last week, the Federal Reserve Board published a paper on partnerships between community banks and fintech companies, “Community Bank Access to Innovation through Partnerships.” Customer-oriented partnerships in which a community bank engages a fintech to enhance various customer-facing aspects of its business (e.g.,

Fintech 78

Fintech Community Bank Community FDIC 78

Independent Banker

AUGUST 31, 2021

Some lawmakers on Capitol Hill are increasingly interested in diversity and inclusion (D&I) compliance requirements for financial institutions. Here are the key areas of D&I policies and practices that community banks may need if these requirements change or become mandatory. By Mary Thorson-Wright. Legislative updates.

Community Bank 91

Community Bank Policies Community Regulation 91

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. WATCH NOW Takeaway 1 Financial institutions create a competitive advantage when they are informed about critical factors affecting loan growth.

Report 195

Report Lending Trends Data 195

Independent Banker

OCTOBER 31, 2022

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Doing so can help community banks: Optimize the loan cycle.

Lending 91

Lending Community Bank Community Illinois 91

Independent Banker

JANUARY 31, 2022

The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics.

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

APRIL 8, 2020

With a focus on compliance, Wolters Kluwer revealed its new solution to enable financial institutions issue PPP loans to small businesses. also known as CSI, is targeting community banks’ PPP lending needs, also configuring its existing lending solution to enable smaller FIs to comply with regulatory requirements.

Lending 245

Lending Fintech America Technology 245

Abrigo

NOVEMBER 10, 2014

According to CB Insight , community bankers felt Q3 was a light one in terms of regulatory compliance. However, the Q3 2014 Banking Compliance Index (BCI), shows otherwise. For most community banks, this is difficult to address, especially if regulatory changes continue to increase. Blog Bank Credit Union'

Risk Management 170

Risk Management Community Bank Compliance Community 170

Abrigo

APRIL 7, 2022

Community banks with small asset sizes might merge with other small institutions whose branches complement one another, and larger banks may acquire smaller ones whose services fit their offerings. When two financial institutions come together, the AML and fraud compliance functions will need to be consolidated.

Compliance 195

Compliance Policies Fraud Analysis 195

Independent Banker

JUNE 30, 2022

Effects of the pandemic and other factors creating unpredictability have changed how community banks approach their credit and lending operations. Bankers and industry observers have several recommendations for how community banks can come up with risk ratings and rankings that foster safe growth in a volatile economic climate.

Management 103

Management Community Bank Community Regulation 103

PYMNTS

JULY 10, 2020

For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. Today, however, the banking challenge has largely been solved. According to Muller, data is often at the heart of this issue.

Innovation 210

Innovation Payments Tools Compliance 210

Independent Banker

SEPTEMBER 25, 2014

A community bank’s practical guide to compliance cost control. When it comes to reducing compliance costs, recommendations typically fall into complicated territory. Complicated or not, one thing is certain: Community banks can’t afford to skimp on their compliance efforts. By Jim Kisch.

Community Bank 105

Community Bank Compliance Community Resources 105

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Below are 10 reports banks and credit unions should run and review to assess capital, growth, and liquidity.

Report 195

Report Risk Management Capital Data 195

Independent Banker

JULY 29, 2016

Big Savings—ICBA’s Dan Clancy and Travelers’ Laura Lundin hold a big check representing the $3 million dividend paid this year to community banking participating in the ICBA-Travelers property-and-casualty insurance Preferred Service Provider program. ICBA Bancard & TCM Bank, N.A. ICBA Services Network.

Community Bank 70

Community Bank Community Compliance Lending 70

Abrigo

FEBRUARY 23, 2022

After the success community banks and credit unions had helping businesses in their local communities with lending during the pandemic , financial institutions continue to turn to small business loans as a source of portfolio growth. keep me informed. Market Trend. Small business lending is a focus. Listen to the podcast.

Lending 195

Lending Community Bank Community Analysis 195

Independent Banker

AUGUST 31, 2022

Community banks can get up to speed on current legislation and regulations to both protect their customers from unauthorized or false deposit account transactions and to prevent them from happening in the future. of Regulation E specifies the timing and steps banks must take to investigate and resolve EFT errors consumers allege.

Community Bank 91

Community Bank Regulation Community Training 91

Independent Banker

JANUARY 31, 2023

With technology upgrades and customer experience consistently ranking as chief priorities for community banks, there’s no question that innovation serves as a strategic imperative. By Charles Potts, ICBA When it comes to innovation, understanding how we do it may be even more important than why.

Fintech 139

Fintech Innovation Community Community Bank 139

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

Independent Banker

SEPTEMBER 30, 2021

The number of money mule schemes affecting community banks is increasing, in part because of the pandemic. Here’s how two community banks are protecting their customers from falling victim to fraud. More and more community banks are having to deal with money mule schemes targeting unsuspecting customers.

Community Bank 91

Community Bank Fraud Community Training 91

Abrigo

MARCH 2, 2023

Experts have highlighted numerous lessons from Southwest’s experience, many of which can benefit bank and credit union executives, regardless of their institution size, as they manage competing priorities for spending and growth initiatives on banking solutions.

Technology 195

Technology Lending Community Software 195

Independent Banker

SEPTEMBER 25, 2014

Compliance officer James E. Pennsylvania community bank compliance officer, James E. Mastroianni, touts ICBA compliance education. Mastroianni, as vice president for Sweickley Savings Bank, leads much of the compliance efforts at the $330 million-asset community bank in Coraopolis, Pa.

Compliance 70

Compliance Community Bank Resources Pennsylvania 70

Independent Banker

DECEMBER 31, 2022

Community banks can help prevent, identify and report financial elder abuse. A number of ICBA solutions provide community bankers with the tools they need to assist customers who may be experiencing financial exploitation. More information for members. Get more information ». CRA Partners. Tiffany Lukk.

Training 91

Training Community Resources Course 91

Independent Banker

JULY 29, 2016

These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. For more information, visit www.icba.org/education. For more information, visit www.icba.org/education.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

Independent Banker

OCTOBER 31, 2021

“I’m not sure how we would have processed all of the PPP loans and everything else in the last 18 months without some of the technology that we have implemented,” says Chris Jundt, senior vice president and chief lending officer at First State Bank & Trust. Northpointe Bank in Grand Rapids, Mich., Cashing in on efficiencies.

Lending 91

Lending Community Bank Community North Dakota 91

PYMNTS

APRIL 23, 2020

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks. LendingTree.

Fresno 142

Fresno Regional Fintech Lending 142

Independent Banker

SEPTEMBER 25, 2014

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities.

Community Bank 70

Community Bank Compliance Risk Management Community 70