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GAO notes regulations’ trickle-down effects on smaller banks

Abrigo

The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank. A lengthy report released recently by the U.S.

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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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2020 CRE Outlook: Trends Expected to Shape Commercial Real Estate Lending

Abrigo

Despite expectations for growth, bankers, regulators, investors, and others are watchful about potentially lower returns and credit risks ahead. Despite the painful evolution in retail, many experts expect another year of growth for commercial real estate – and for commercial real estate lenders, including community financial institutions.

Lending 195
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How to Measure Interest Rate Risk Effectively in Banks & Credit Unions

Abrigo

Takeaway 1 Regulators stress sound risk management practices that include the ability to identify and measure interest rate risk (IRR). Regulators have repeatedly stressed the importance of sound risk management practices that include the ability to identify and measure interest rate risk. FDIC) noted in its 2021 Risk Review.

How To 195
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Navigating Liquidity, Funding, and Return in the Paycheck Protection Program

Abrigo

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. How to fund PPP loans.

Lending 195
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Why banking technology makes sense – recession or not

Abrigo

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.

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CECL implementation: Survey shows where peers are as 2023 nears

Abrigo

For community banks specifically, they’re already reserving for a lifetime of credit losses,” he said. Use a software tool [and] ensure your auditors and regulators are in the loop on progress.” This year’s Abrigo CECL implementation survey shows that banks and credit unions are generally on track for implementation.

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