Independent Banker

DECEMBER 28, 2015

Outsized regulation shapes the business climate and decisions. Far more than any other issue, regulatory compliance is the biggest challenge community bankers experienced in 2015, with 43 percent naming it as such in ICBA’s State of the Community Banking Industry survey. By Denise Logeland. Fearful of mistakes.

North Dakota 70

North Dakota Community Bank Community Compliance 70

PYMNTS

OCTOBER 18, 2017

explained there is wide variation in the definition of innovation. Wain cautioned that innovation must not be born of a separate corporate agenda, or outsourced with separate functions as has been seen with innovation labs fostered by tech and banking giants and other traditional firms. What of regulation?

Innovation 140

Innovation Compliance Community Bank Strategy 140

Independent Banker

SEPTEMBER 21, 2015

Through hard work in the programs, she earned certifications as a Certified Community Bank Compliance Officer, a Certified Bank Secrecy Act/Anti-Money Laundering Professional, and a Certified Community Bank Internal Auditor. I’m a better compliance officer because of those programs,” she says. “I

Compliance 70

Compliance Community Bank Community Training 70

Independent Banker

JULY 28, 2016

The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. Just how can your community bank do all of those things? What agency is our prudential federal regulator?

Compliance 70

Compliance Training Community Bank Regulation 70

Independent Banker

JANUARY 28, 2016

Lilly Thomas, ICBA’s vice president–senior regulatory counsel, talked with Independent Banker about what impact the high court’s ruling could have on the fair lending examinations for community banks in the year ahead. Thomas: Definitely. IB: How could fair lending exams change as a result of the Supreme Court’s ruling?

Policies 70

Policies Lending Community Analysis 70

CFPB Monitor

MARCH 26, 2015

In the letter, the ABA makes the following key comments: Additional clarity is needed in the definition of the term “prepaid account” to avoid banks being subject to second-guessing by examiners and plaintiffs’ attorneys.

Cards 60

Cards Compliance Community Bank Operations 60

Jeff For Banks

APRIL 25, 2014

This all comes with fewer banks than there were in 2007. Investment bankers will tell you the definitive answer, which is of course their opinion. of Ocala, Florida on the bank''s sale to Heritage Financial Group, Inc. ." - Loralee Hutchinson, President of Alarion Financial Services, Inc. What is driving deal volume?

Community 93

Community New York Indiana Connecticut 93

Abrigo

DECEMBER 16, 2019

Regulators, investors, and other stakeholders will be watching and listening for updates on the impacts of the accounting change. Even now, however, banks and credit unions with 2023 deadlines are seeking information about what the earliest adopters have learned so far in their implementation efforts. Be willing to change as needed. .

West Virginia 195

West Virginia Virginia Data Community 195

Abrigo

MAY 8, 2024

GenAI is seeing varied use cases in banking. Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. Harnessing benefits Generative AI use cases are increasing The excitement kicked up by generative AI, or genAI, has some banks exploring its uses.

Examples 195

Examples Fraud Resources Risk Management 195

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. While this is mostly the domain of large banks, there are three reasons why your community bank should consider adopting this language to increase future bank performance.

System 195

System Data Examples Payments 195

Abrigo

SEPTEMBER 14, 2022

Takeaway 3 Financial institutions should consider the impact of this rule and prepare for changes to their business operations. Lucci said the entities required to collect more data will include more than just banks and credit unions. Those implementing regulations were coming. Proposed Rule. Commenters have until Nov.

Lending 195

Lending Data Regulation Community 195

Independent Banker

NOVEMBER 30, 2021

State Bank of Texas, led by president Sushil Patel (center), has a niche working with hospitality customers like Reena and Arun Patel, who own and operate a La Quinta hotel in Dallas. Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W.

Community Bank 209

Community Bank Community Texas Dallas 209

FICO

MAY 6, 2020

The Piedmont Bank’s policy is “first come, first serve.” We will soon see who wins this race between community banks and big banks. Greg and the lending team at The Piedmont Bank are watching an SBA educational webinar when the host announces that the PPP application is available online. How do I calculate salary?

Community 52

Community Community Bank Lending System 52

Abrigo

JULY 23, 2021

The regulations are forthcoming, but institutions now should begin the process of performing a threat-focused risk assessment which will guide them where to focus their efforts. It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world. financial system.

National 195

National Training United States Regulation 195

PYMNTS

APRIL 9, 2016

Jamie Dimon, on the other hand, clearly has a definitive opinion and clearly rather wishes that big banks — like the one he is CEO of at JPMC — were not quite so widely considered the economic system’s go-to villain. “In If not us, it will be someone else and, likely, a Chinese bank.”. So then the argument broke out.

Regulation 100

Regulation Lending Omaha America 100