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New Community Bank Sentiment Index Shows Bankers Largely Positive

Abrigo

Community bankers are largely positive about the future, based on the first results of a new index gauging business sentiment among the financial professionals who serve a critical role in local economies. These insights have the potential to inform the market and policy makers on the overall health of the economy, opportunities, and risk.”.

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The role of bank directors in managing risk

Abrigo

The FDIC is offering a fresh take on how a bank’s board of directors should understand and manage risk. The regulator’s April edition of Supervisory Insights provides what the FDIC called a “refresher” on its Pocket Guide for Directors, the 1988 booklet outlining the basic duties and responsibilities of a bank’s board of directors.

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What Makes an Effective Community Banking Board?

Jeff For Banks

Then, as now, my working theory is that the best boards are ones that approve strategy and hold management accountable for achieving it, and effectively dispatch their duties as described by the FDIC above. Seldom answered. Each board member is an ingredient in the effectiveness of the entire board.

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What Makes an Effective Community Banking Board?

Jeff For Banks

Then, as now, my working theory is that the best boards are ones that approve strategy and hold management accountable for achieving it, and effectively dispatch their duties as described by the FDIC above. Seldom answered. Each board member is an ingredient in the effectiveness of the entire board.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. And all release a new episode at least monthly. Would you like other articles like this in your inbox?

Community 195
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Pulling Off Inside Jobs

Independent Banker

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 banks often already have the expertise handy in-house, they say.

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CFPB: Are They Coming to Get You?

Jeff For Banks

Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down? A bank would have to charge a 9.75% yield on an unsecured personal loan just to break even. Retail banking is heavily regulated.