Independent Banker

NOVEMBER 30, 2022

.; Bank of Montana, Missoula, Mont.; CNB Bank, Berkeley Springs, W.Va.; Midwest Bank, Norfolk, Neb. In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. What great resignation?

Community Bank 169

Community Bank Community Montana Leadership 169

South State Correspondent

JUNE 21, 2022

For the past 14 years, the monetary policy in the U.S. This regime is now changing, and community banks need to position their lending and deposit portfolios for a period of monetary tightening. Banks that have avoided, or can reduce, their holdings of riskier assets as much as possible will outperform. Conclusion.

Community Bank 359

Community Bank Policies Community Marketing 359

Independent Banker

MAY 31, 2022

Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge. Here are some ideas for strengthening fraud defenses.

Community Bank 134

Community Bank Community Fraud Texas 134

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists?

Community Bank 144

Community Bank Community Lending Louisiana 144

CFPB Monitor

OCTOBER 25, 2022

Under the settlement, Rhinebeck will pay a $950,000 civil money penalty, provide restitution to borrowers, and develop a compliance plan which includes updates to its auto policies to cap dealer markups on installment contracts purchased by the bank. Dealers, not banks, determine how much markup to charge customers.

New York 78

New York Lending Community Bank Community 78

Independent Banker

JUNE 30, 2022

A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. David, Community Bank Consulting Services, Inc.

Lending 103

Lending Strategy Community Bank Community 103

South State Correspondent

AUGUST 21, 2023

However, that publication, directly and indirectly, identified three discrete risks affecting community banks. We will outline what we think community bankers should glean from this publication. Risks to the Community Banking Sector Moody’s identified three risks to the banking sector, including risks to community banks.

Community Bank 195

Community Bank Community Capital Analysis 195

TheGuardian

SEPTEMBER 27, 2023

DoJ says Washington Trust engaged in redlining, the racist policy of banks blocking people of color from getting mortgages Washington Trust, the oldest community bank in the US, has agreed to pay $9m to resolve allegations that it engaged in lending discrimination against homebuyers in majority Black and Latino neighborhoods, the Department of Justice (..)

Rhode Island 70

Rhode Island Lending Washington Community Bank 70

Abrigo

FEBRUARY 23, 2023

Meanwhile, leaders at small banks recognize that their institutions play a vital role in helping community businesses and individuals not only weather uncertainty but also thrive. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Kansas City Community Lending 195

Abrigo

OCTOBER 1, 2014

Today’s youth and others across all age groups are placing a significant importance on consuming local food, developing local relationships and improving local communities. This is great news for community banks. A recent American Banker article discussed why the local food movement is good for community banking.

Community Bank 170

Community Bank Community Capital Lending 170

PYMNTS

FEBRUARY 15, 2018

For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Kearney found 26 percent of small business cardholders have community banking relationships in place. There’s a lot of runway here.

Community Bank 118

Community Bank Community Cards United States 118

PYMNTS

JANUARY 30, 2019

Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan.

Analytics 144

Analytics Lending Tools Community Bank 144

Abrigo

NOVEMBER 12, 2016

Many community banks and credit unions are turning to small business loans as a source of loan growth. In their Spring 2016 Semiannual Risk Perspective , regulators have publicly acknowledged increasing risk in commercial real estate lending, so small business lending seems like it may be an alternative path.

Lending 186

Lending Community Bank Community Analysis 186

Independent Banker

DECEMBER 31, 2022

We simply need to remember what makes us special as community bankers, and with that as our foundation, we can embrace this season of change in four primary ways: 1. Demonstrating the community bank difference. They want to come into the bank and say, “We need your support to figure things out.” Gaining advocacy wins.

Community Bank 218

Community Bank Community Hawaii Washington 218

ABA Community Banking

JUNE 15, 2021

The FDIC proposed changes to its guidelines for real estate lending policies in order to align standards with the community bank leverage ratio, which does not require electing institutions to calculate tier 2 capital or total capital.

FDIC 51

FDIC Lending Guidelines Community Bank 51

Abrigo

NOVEMBER 13, 2015

Banks involved in ag lending understand that the volatility of the industry – unpredictable weather patterns, variable commodity prices and more – can often lead to higher amounts of risk compared to other concentrations. By improving policies and procedures, banks can make better and more profitable ag lending decisions.

Lending 150

Lending Data Analysis Policies 150

South State Correspondent

AUGUST 8, 2023

We estimate that approximately 50% of the community banks in the industry have a credit department that exerts influence or sets standards on loan pricing. While this process appears appropriate and benign, it increases credit risk, decreases bank profitability, and undermines the proper function of bank credit/yield tradeoff.

Community Bank 195

Community Bank Policies Capital Management 195

Independent Banker

NOVEMBER 1, 2021

Community banks who are considering entering the small business lending space are already challenged by several barriers to entry: Inefficiency of traditional loan processing. Lack of quality lending opportunities to put their deposits to work. Your Underwriting Policy. Changing regulatory guidance.

Lending 91

Lending Community Community Bank Analytics 91

Abrigo

AUGUST 28, 2022

Leveraging the efficiencies gained from lending software Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Ag Lending. Lending & Credit Risk. Learn More.

Software 195

Software Lending Philadelphia Capital 195

Independent Banker

JUNE 30, 2022

Working through any difficulty or crisis at your community bank won’t be a walk in the park, but it may lead to an experience for which you’re truly grateful. As a community banker, you’re either going through a crisis or you’re preparing for one. And today, CAMELS are a main area of focus for our bank.

Community Bank 171

Community Bank Community Lending Training 171

PYMNTS

JANUARY 29, 2018

There’s been a big rebound in lending to big businesses, but there’s been a very small recovery in lending to small businesses,” said Rebel Cole, Ph.D., In its report, the SBA outlines several recommendations for policymakers to encourage an expansion of small business lending among the traditional financial services industry.

Lending 116

Lending Florida Report Community Bank 116

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. For example, at present, return on equity performance is about 12% for the average community bank. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. Why is that?

How To 195

How To Strategy Capital Lending 195

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending.

Lending 195

Lending St. Louis Community Marketing 195

ABA Community Banking

JULY 27, 2022

The Community Development Financial Institutions Fund is asking for public feedback to refine the criteria it should use to designate “minority lending institutions” as a subset of CDFIs. The post CDFI Fund seeks feedback on criteria for designating ‘minority lending institutions’ appeared first on ABA Banking Journal.

Lending 98

Lending Community Community Bank Policies 98

Abrigo

JUNE 8, 2017

To provide bank management valuable information about ongoing and emerging market trends and developing areas of regulatory focus In order for a loan review program to be successful there are two foundational checkpoints for every financial institution: Objectivity of the loan review process, and an evolving lending policy.

Risk Management 150

Risk Management Management Policies Lending 150

South State Correspondent

MARCH 21, 2022

Implications for Community Banks. More commercial borrowers will favor fixing rates for as long as possible, and community banks must be able to respond with viable products in order to keep good customers. Community banks must pay attention to loans that re-price in the next two or three years. Conclusion.

Meeting 195

Meeting How To St. Louis Community Bank 195

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

South State Correspondent

JUNE 24, 2022

Most banks’ minimum DSCR by credit policy is 1.20X, and under that assumption, a credit that starts at 1.20X DSCR falls below 1.0X Obligors showing less than 1.50X DSCR will be most at risk for community banks. Conclusion.

How To 195

How To Policies Community Bank Analysis 195

Independent Banker

NOVEMBER 30, 2022

It also aimed to capture the gaming market with its Professional Poker Banking Program, which is open to players who have participated in at least one of the World Series of Poker tournaments. Professional players’ finances can be unpredictable and can bring increased regulatory scrutiny, making this a market many banks won’t touch.

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

Independent Banker

FEBRUARY 28, 2023

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has served as president and CEO of $365 million-asset Century Bank & Trust in Milledgeville, Ga., now part of Bank of America, before moving to Griffin, Ga.,

Community 172

Community Community Bank Georgia San Antonio 172

Abrigo

FEBRUARY 17, 2015

commercial bank loan portfolios have continued to expand. Which areas of lending and what banks are driving the expansion? A recent issue of Banking Insights , published by the Federal Reserve Bank of St. commercial banks. ” In fact, C&I lending grew first following the recession.

St. Louis 150

St. Louis Lending Community Bank Regional 150

Independent Banker

MAY 25, 2016

Tax credits for Main Street lending. As a small urban community bank, North Valley Bank is increasingly challenged with heavily government-subsidized competition. In response, ICBA is promoting a new tax policy idea as part of its Plan for Prosperity regulatory-relief legislative package. Chuck Johnston.

Community Bank 70

Community Bank Taxes Lending Maine 70

Abrigo

MAY 5, 2022

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. Lending & Credit Risk. Lending & Credit Risk. And all release a new episode at least monthly.

Community 195

Community Lending Maine Resources 195

PYMNTS

JUNE 4, 2019

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Reports said the decision for EY to quit is the latest event to raise concerns over China’s community banking sector.

Regional 100

Regional Community Bank Community Policies 100

ABA Community Banking

MAY 1, 2020

As part of its response to the global coronavirus pandemic, the Federal Reserve is launching a "Main Street Lending Program" to deliver up to $600 billion in credit to small and midsize firms. The post Bonus Podcast: Overview of the Main Street Lending Program appeared first on ABA Banking Journal.

Maine 64

Maine Lending Community Bank Policies 64

Independent Banker

NOVEMBER 30, 2021

Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. Say a scammer calls a community bank customer and gains their trust by using information obtained from a major data breach. By Elizabeth Judd. Examples of remote authentication fraud.

Fraud 160

Fraud Strategy Community Bank New York City 160

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

Community Bank 91

Community Bank Community Software New York City 91