Abrigo

MAY 8, 2015

In recent months, the momentum around reducing the regulatory burden on the nation’s community banks has continued to gain steam. There are more than 6,000 banks and thrifts under $10 billion in assets and they are often less equipped to deal with complexities brought by additional regulations.

Community Bank 150

Community Bank Community How To Meeting 150

South State Correspondent

OCTOBER 10, 2022

All domestic systemically important banking organizations and most large regional banks engage in some form of FTP practices and building blocks. However, over the years, there has been considerable debate at community banks on how to implement the principles of FTP to various balance sheet accounts like loans and deposits.

Community Bank 195

Community Bank Community Examples Management 195

South State Correspondent

APRIL 10, 2023

Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios. This development should strongly motivate community banks to consider the benefits of loan-level hedging.

Community Bank 195

Community Bank Community Security Capital 195

Gonzobanker

FEBRUARY 23, 2022

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. From an income perspective, BaaS partner banks create a new revenue stream that has shown to increase non-interest-income, ROA and ROE.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

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. They help manage and shape strategy in volatile economic and industry conditions. the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio).

Report 195

Report Risk Management Capital Data 195

CFPB Monitor

SEPTEMBER 21, 2015

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

Abrigo

MARCH 6, 2017

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. 13) @BAI_Info – BAI (Bank Administration Institute) provides research, training and industry news.

social media 150

social media Lending Community Community Bank 150

Abrigo

DECEMBER 17, 2021

For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. Risk Ratings. Learn More. Loan Review and Due Diligence.

Fintech 195

Fintech How To Innovation System 195

CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Community Bank Advisory Council Members. Ballard, Vice President and Director, First Iowa State Bank, Albia, IA. Ian Ayres, William K.

San Antonio 60

San Antonio Kansas City Groups CA 60

PYMNTS

MARCH 12, 2020

Equiniti Eyes APIs for Risk Management. Equiniti Group recently revealed its adoption of Codat’s accounting integration API for its Equiniti Riskfactor solution, a tie-up that will see Equiniti’s risk management operations embrace API technology to promote automatic data sharing from small businesses.

Lending 194

Lending Risk Management Fintech Community 194

Independent Banker

OCTOBER 1, 2022

“A lot of people have this notion that it will never happen to my business or my bank, because it’s too small,” says Linda Comerford, assistant vice president of incident response and cyber services at AmTrust Financial Services Inc. The bank was only able to get fully up and running after it paid a negotiated ransom.”.

Montana 152

Montana Policies Resources FDIC 152

Independent Banker

MAY 2, 2016

We ignite prosperity in all the communities we serve through community reinvestment, lending to local businesses, and providing educational opportunities for the community and our employees. We are more than a community bank; we are a community prosperity engine.

North Dakota 70

North Dakota Community Bank Community Risk Management 70

Independent Banker

OCTOBER 1, 2022

By identifying the preferred banking and spending habits of different generations, scammers can tailor how they reach their targets. We look at community banks’ options for fighting this type of crime. By Katie Kuehner-Hebert. The only thing the criminal wants is for the scheme to succeed.”. Rehman Khan, Travelers.

Fraud 133

Fraud social media Millennials Examples 133

Independent Banker

OCTOBER 1, 2022

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. By Katie Kuehner-Hebert. Data privacy and security is a hot topic and is only getting hotter. Bob Hickok.

Data 91

Data How To Community Bank California 91

Gonzobanker

SEPTEMBER 21, 2023

NYMBUS secured Series D financing (led by Insight Partners), partnered with Hurdlr for small business banking; with Atty Bank, Saint Louis Bank ’s legal community bank; and with Roger, Citizens Bank of Edmond ’s military niche bank. Finastra partnered with Glia for digital customer service.

Fintech 103

Fintech Software Illinois Lending 103

Independent Banker

NOVEMBER 24, 2015

With wire fraud on the rise, community banks have to step up precautions to protect themselves and their customers. They have the money and, in theory, they are vulnerable,” adds Terri Sands, director of payments and fraud prevention for State Bank & Trust in Atlanta, a $3.3 billion-asset community bank.

Community Bank 70

Community Bank Fraud Atlanta Community 70

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

Abrigo

JUNE 28, 2023

Takeaway 3 Recommended reports on AML and fraud metrics for the board include those on high-risk customers and trends on types of fraud and suspicious activity seen. They wear many hats, especially in smaller community banks and credit unions. One essential obligation of BSA Officers is reporting to the board of directors.

Compliance 195

Compliance Fraud Report Trends 195

Independent Banker

OCTOBER 14, 2014

According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow. It is apparent everywhere you turn that social media is one of the hottest new communications tools in our society.

social media 88

social media Risk Management Compliance Community Bank 88

Jeff For Banks

MAY 18, 2014

So I opined to a community bank client what I thought was a healthy composition of business bankers. For risk management purposes, we are accustomed to managing the mix of loans on our books. We may not be as accustomed to managing the mix of employees responsible for generating those loans.

Training 91

Training Community Bank Groups Community 91

Abrigo

FEBRUARY 27, 2020

They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management. Many community bankers expect a recession will start by at least mid-2021, according to the most recent Community Bank Sentiment Index.

Lending 243

Lending Survey Data System 243

Gonzobanker

MARCH 6, 2020

In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups. But how do financial institutions determine if these operations groups are optimizing processes and staffing to drive profitability and gain market share?

Operations 93

Operations System Groups Technology 93

Independent Banker

FEBRUARY 24, 2016

“I know that unnecessary regulation saps the strength of community banks.” Federal banking regulators are always alert to emerging safety and soundness issues. So our examiners will be vigilant in evaluating credit risk, and banks of all sizes should be as well. Curry, U.S. Comptroller of the currency.

Community Bank 70

Community Bank Community Regulation Compliance 70

Abrigo

AUGUST 1, 2016

No doubt the group, which this year surpassed baby boomers as the largest segment of the U.S. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs. Banks are critical financing partners for growing enterprises. They’re wary of debt.

Millennials 150

Millennials Survey Risk Management Groups 150

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. I've got news for you.

Community Bank 60

Community Bank Community Baltimore Lending 60

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Jill is continually demonstrating just how loud a $300 million community bank can roar!

Idaho 181

Idaho Community Industry Strategy 181

American Banker

MARCH 1, 2021

The bank’s new holding company, Amalgamated Financial Group, is the first publicly traded financial services company to become a public benefit corporation. It says the legal designation will help officers and directors balance the interests of shareholders and the public.

Groups 80

Groups Company Risk Management Community Bank 80

Jeff For Banks

JUNE 2, 2023

Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? In many respects, community banks were caught in the cross-fire through the purchase of those mbs instruments – and subsequent trial through public sentiment. We were concerned about the panic.

FDIC 78

FDIC Community Bank Regulation Lending 78

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 70

Tools Community Community Bank Security 70

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 70

Tools Community Community Bank Security 70

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. The typical scenario from such programs places a group of participants in demanding, problematic or adversarial situations for which they must bond as a team and develop viable solutions. Just how can your community bank do all of those things?

Compliance 70

Compliance Training Community Bank Regulation 70

Gonzobanker

DECEMBER 17, 2021

The Bank That Gets Fintech. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. Has it worked?

Fintech 147

Fintech Strategy Leadership Lending 147

Independent Banker

OCTOBER 29, 2014

Josh Guttau believes that the long-term competitiveness of community banks will heavily depend on their having great analytical skills and technology. TS Banking Group in Treynor, Iowa. IB: What single word best describes the current community banking industry? Josh Guttau. CEO and Chief Financial Officer.

Iowa 128

Iowa Analytics Community Bank Risk Management 128

South State Correspondent

APRIL 3, 2023

Banks take a pool from 2018, as an example, and then track runoff to the present. Utilizing this straightforward linear regression and decay analysis, you get something close to the profile below for the average community bank in the U.S.: This reduces the duration of these non-maturity deposits.

social media 195

social media Community Bank Analysis Training 195

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Southern Bank.

Community Bank 172

Community Bank Community National Philadelphia 172

Gonzobanker

DECEMBER 20, 2019

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. There is no separate group of THEY people magically figuring things out.

Idaho 148

Idaho Conference Data Marketing 148

Abrigo

JULY 28, 2021

“At the end of the day, we still have regular jobs and daily responsibilities, and [CECL implementation] is added to that,” said Felicity Ours, CPA, CRC, Senior Vice President and Director of Credit at Summit Financial Group, which implemented CECL in 2019. “We Portfolio Risk & CECL. Portfolio Risk & CECL. Learn More.

Resources 195

Resources San Antonio Data Regulation 195