Community Bank, FDIC and Training - Community Banking Brief

FDIC Updates Statement of Policy on MDIs

ABA Community Banking

JUNE 15, 2021

The FDIC board today voted to approve an update to its policy statement on minority depository institutions. The statement of policy describes the FDIC’s actions to promote the preservation of MDIs and enhance communication between the agency and minority-owned and managed institutions.

FDIC

FDIC Policies Training Management

Expanding credit portfolios: 3 Growing pains

Abrigo

DECEMBER 9, 2014

Community banks are expanding their loan portfolios to include more small business loans, according to the most recent Community Bank Performance report by the FDIC. While this form of education is successful, it has to be supplemented with formal training. percent over the 3rd quarter of 2013.

Training

Training Policies Analysis Community Bank

GAO notes regulations’ trickle-down effects on smaller banks

Abrigo

JANUARY 8, 2016

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.

Regulation

Regulation FDIC Survey Community Bank

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

MORE WEBINARS

Are de novos making a comback?

Abrigo

AUGUST 3, 2017

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent.

Oklahoma City

Oklahoma City FDIC Handbook Oklahoma

4 Reasons Community Banks Outsource Loan QC

NCR

AUGUST 31, 2016

Such banks have found there’s value in having an extra set of eyes from outside their institutions reviewing their work. . Many banks have done the math to determine how much staff they would need to hire, train and manage in order to sell loans that are fully compliant with state and federal regulations and agency and investor guidelines.

Community Bank

Community Bank Community Guidelines Compliance

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

JUNE 2, 2023

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. In this regard, the bank regulatory agencies need to remain politically independent. Third, the regulators need adequate financial resources.

FDIC

FDIC Community Bank Regulation Lending

10 Top Banking Podcasts You Should be Listening to

Abrigo

MAY 5, 2022

Topics range from here-and-now issues, such as the latest mergers and acquisitions environment or competitive pressure from the Buy Now Pay Later industry to strategic topics related to handling member or customer data, recruiting, and banking cannabis. BSA Training. Asset/Liability. CECL Models. Lending & Credit Risk. Learn More.

Community

Community Lending Maine Resources

Regulation and Compliance: Ready for Review

Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements.

Compliance

Compliance Regulation Community Bank Community

Five Challenges to Your Bank of the Future and Ideas to Overcome Them

Jeff For Banks

OCTOBER 29, 2016

For example, deposit operations' expense as a percent of deposits should decline as the bank grows. I recently mentioned to a community bank management team that community financial institutions are slower to close branches because their decision making goes beyond the spreadsheet and market potential.

Training

Training FDIC Community Resources

Addressing Elder Abuse

Independent Banker

SEPTEMBER 26, 2014

Awareness of elder financial abuse is growing, and community bankers are often relied upon as the front line of defense in the protection of their customers, including as providers of crime prevention education and information. Senior Crimestoppers has reduced all aspects of crime in participating facilities by 94 percent.

Community

Community Resources Community Bank Video

More Gain, Less Pain

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., Real-world testing. “I

Tools

Tools Community Community Bank Security

More Gain, Less Pain

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., Real-world testing. “I

Tools

Tools Community Community Bank Security

New Jersey bank hit with consent order tied to BSA compliance

American Banker

JULY 14, 2020

Unity Bancorp must improve its policies and procedures, and increase staff training, for following Bank Secrecy Act and anti-money laundering laws.

New Jersey

New Jersey Compliance Training Policies

The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

MARCH 15, 2023

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. This is compared to about 40% at most banks. The ratio would provide a bank’s current core capital position to risk-adjusted assets.

social media

social media FDIC Branding Management

Bankers: Is your strategy the same as your competitor?

Jeff For Banks

MARCH 29, 2014

These services are provided through a variety of delivery systems including automated teller machines, private banking, telephone banking and Internet banking. We believe we can effectively compete as a community bank in our market area and the niche markets we serve. We focus our marketing efforts in three areas.

Strategy

Strategy Texas San Antonio Fort Worth

A Second Chance

Independent Banker

JANUARY 26, 2016

The college offers high school equivalency classes, job training and other degree programs. Likewise, ESSA Bank fills in the gaps by providing personal loans for transportation, housing or education. So far, ESSA Bank, a nearly 100-year-old $1.6 billion-asset community bank, has guided two individuals.

Pennsylvania

Pennsylvania Nevada Community Community Bank

Community Banking Brief

FDIC Updates Statement of Policy on MDIs

Expanding credit portfolios: 3 Growing pains

Webinars

Trending Sources

GAO notes regulations’ trickle-down effects on smaller banks

Webinars

Are de novos making a comback?

4 Reasons Community Banks Outsource Loan QC

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

10 Top Banking Podcasts You Should be Listening to

Regulation and Compliance: Ready for Review

Five Challenges to Your Bank of the Future and Ideas to Overcome Them

Addressing Elder Abuse

More Gain, Less Pain

More Gain, Less Pain

New Jersey bank hit with consent order tied to BSA compliance

The Current Banking Crisis – 10 Not So Apparent Lessons

Bankers: Is your strategy the same as your competitor?

A Second Chance

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