South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

How To 195

How To Community Bank Community FDIC 195

Abrigo

OCTOBER 20, 2020

The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. Drive Growth.

Management 195

Management Lending Community Strategy 195

PYMNTS

APRIL 16, 2019

The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions. Deputy Managing Director of MAS Jacqueline Loh said the relationship demonstrates a FinTech that may extend to other countries in the ASEAN region. The money will be used to build engineering staff.

Fintech 211

Fintech San Francisco National Innovation 211

Abrigo

DECEMBER 17, 2021

Takeaway 3 Many FIs will price-compare vendors, but neglect to consider potential hidden costs , especially when managing multiple vendors. As the saying goes, “the only constant in life is change,” which is certain for the banking industry. Having a cohesive vision from the top down is critical to a culture of innovation.

Fintech 195

Fintech How To Innovation System 195

Independent Banker

JUNE 30, 2022

While it has had some benefits, like stronger risk management for our banks, it has made the customer process much more daunting. But community banks have adapted to address that shift. We, as community bankers, will continue to adapt to meet our customers’ needs. Rebeca Romero Rainey.

Lending 141

Lending Idaho Nevada Oregon 141

Independent Banker

MAY 31, 2021

When I transitioned from a community bank CEO to ICBA president and CEO, my team gave me a beautiful handmade card with notes and best wishes. In this time of change, foundational risk and compliance knowledge will anchor your bank as you navigate new developments. icba.org/events. But it wasn’t all smooth sailing.

Course 104

Course Community Bank Community Compliance 104

South State Correspondent

FEBRUARY 27, 2022

At SouthState, we use a program called ARC (Assumable Rate Conversion) that allows borrowers to pay a fixed rate of interest for as long as 20 years, but the bank retains a floating rate asset. Current Risk in Term Lending. ARC is custom designed to allow community banks to compete anywhere on the yield curve.

Lending 195

Lending Community Bank Community Meeting 195

Abrigo

JUNE 5, 2015

The piece, titled “Why Banks Should Stop Fighting and Learn To Love Regulators,” suggests that while institutions of all sizes are grappling with increased scrutiny and regulation, the reality is that it is here to stay following the financial crisis. The practice of stress testing can also foster a more positive relationship with examiners.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

Independent Banker

NOVEMBER 30, 2022

“This is a Vegas bank,” explains Stacy Watkins, who was named president and CEO of the $237.6 million-asset bank in the early days of the pandemic. “It It was really impactful for us when the lights on the Strip went out—a very emotional, crazy time. I mean, that’s what a community bank does.”. Quick Stat.

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

South State Correspondent

MAY 3, 2023

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management. Specific Example Let us consider First Republic Bank’s (FRB) balance sheet.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management. Specific Example Let us consider First Republic Bank’s (FRB) balance sheet.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management. Specific Example Let us consider First Republic Bank’s (FRB) balance sheet.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

JANUARY 4, 2023

In the past, you have seen us rank customer relevance and total experience as a top priority for banks – not in 2023. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital. Develop a more innovative process. Conclusion.

Community Bank 195

Community Bank Capital Training Lending 195

Gonzobanker

APRIL 28, 2016

According to Cornerstone Advisors research , roughly six in 10 community bank and credit union CEOs are concerned with the regulatory burden. We are hopeful that community banks will also pursue efforts to communicate the real cost of regulatory burden to our friends in Washington. Cockroaches.

Regulation 60

Regulation Management Community Bank System 60

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. Retail locations: Two. Employees: 24.

North Dakota 70

North Dakota Community Bank Community Risk Management 70

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alogent acquired document imaging and tracking solution provider AccuSystems.

Fintech 103

Fintech Software Illinois Lending 103

Abrigo

AUGUST 9, 2017

Avert Risk The OCC’s October 2012 Supervisory Guidance notes that financial institutions that perform stress testing “have the ability to minimize the impact of negative market developments more effectively” than those that do not have a stress testing process in place.

Columbus 150

Columbus Ohio FDIC Strategy 150

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

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. Brandon Koeser, RSM US LLP. By Katie Kuehner-Hebert. Putting technology to work.

Fraud 133

Fraud social media Millennials Examples 133

Jeff For Banks

JUNE 2, 2023

To you, manage your interest rate risk. Before becoming desperate and trading interest rate risk for credit risk. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? Most of the more than 500 financial institutions that failed were community banks.

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FDIC Community Bank Regulation Lending 78

Independent Banker

AUGUST 26, 2015

Today, many community banks are exploring how to “go paperless”—whether for cost reasons, a better customer experience or a deliberate outreach to a younger, technology-oriented demographic. But how does a bank establish that electronic signatures are legally binding—and enforceable?

Community Bank 70

Community Bank Minneapolis Community Online 70

Independent Banker

AUGUST 26, 2015

Forming new business lines—if carefully planned and considered—can be a potentially significant way for a community bank to boost revenues and profits. But just as their upsides are significant, the downsides of new propositions for community banks can create more problems than opportunities.

Operations 70

Operations Community Bank Community Management 70

Jeff For Banks

DECEMBER 9, 2020

Start integrating the financial risks from climate change into governance frameworks, risk management processes, and business strategies. And a bureaucrat waves the magic wand to cut off financial services or make it so difficult for the financial institution to bank your "favored" cause that it wouldn't be worth it.

Lending 78

Lending Regulation Community National 78

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

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

Jeff For Banks

MARCH 21, 2024

It was not until May 11, 2023, that the US national emergency was lifted, but sadly, the free cash handouts continue. This development could give us good news on inflation. High debt levels continue to harm GDP as the US Treasury issues new debt with abandon and the politicians hand out money like candy. 2024 could exceed -$2.0

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Marketing Policies Report Atlanta 146

Jeff For Banks

NOVEMBER 3, 2023

Now the harsh reality will sink in and El Nino is sure to give us a cold winter. Do not ignore this and other indicators as they always teach us something. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. and ate out at their favorite restaurants. but it takes time and patience.

Marketing 85

Marketing Community Bank Policies Community 85

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. By Mary Thorson Wright.

Compliance 70

Compliance Training Community Bank Regulation 70

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. In other words, be a General Bank.

Community Bank 60

Community Bank Community Baltimore Lending 60

Jeff For Banks

MAY 4, 2020

Readers note: You can also view this post on Penn Community Bank's website. We found that our government response was to declare emergencies and have us stay at home, confined, quarantine, lock down, and self-isolating, except for essential trips for food or medicine, or to go to work if you are an essential business employee.

Marketing 78

Marketing Philadelphia Community Bank US 78

Jeff For Banks

OCTOBER 25, 2018

The Fed has now given us eight rate increases totaling 2.00% since December, 2015. US Government debt is at 104% of GDP at the end of the second quarter of 2018 and the ratio is likely higher in the third quarter. Even US growth is weaker than average. US household debt is at $13.3 Should inflation worry us?

Marketing 66

Marketing US Taxes Trends 66

CB Insights

FEBRUARY 20, 2020

Two of the most recent unicorns are vertical payments processor Flywire , which raised a $120M Series E from Goldman Sachs, Temasek, Tiger Global, and Adage Capital Management in February 2020 at a $1B valuation, and point-of-sale payments startup Pine Labs, which closed a corporate minority round from Mastercard in January 2020 to reach a $1.6B

Fintech 80

Fintech US Lending Cards 80

Jeff For Banks

AUGUST 1, 2019

Financial Markets & Economic Update- Third Quarter, 2019 Summer is upon us and I cannot wait to get to the beach for vacation. Today, the yield curve is telling us that growth is coming under pressure but it is not forecasting recession at this time. We are in for a period of low interest rates, until recession is behind us.

Marketing 60

Marketing US Community Bank Community 60

Jeff For Banks

AUGUST 12, 2018

By the time it was clear to all of us that the economy was being dragged down by the housing and mortgage crisis, the Fed finally lowered rates, but it was too late. US Treasury debt now stands at 103.9% We have to live with national interest rates and the Fed and the yield curve affect us all. since that time. Life is good!

Marketing 60

Marketing Philadelphia Omaha US 60

Jeff For Banks

DECEMBER 8, 2022

The yield curve is inverted in both important spread measures- the 10 year-2 year and the 10 year-3 month, and history tells us that recession follows inverted curves with a lag. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Government debt remains high, at $31.3

Marketing 78

Marketing Policies Philadelphia Community Bank 78

Jeff For Banks

APRIL 27, 2019

The yield curve had begun to invert in early March, 2019 in response to economic slowdown fears and a flight to quality began where demand for US Treasury bonds increased, pushing longer-term rates down. I along with countless other managers and investors were finally happy. He watched others take the lead and then lose it…to him.

Marketing 60

Marketing Community Taxes Community Bank 60

Jeff For Banks

NOVEMBER 1, 2017

Neither GDP or inflation look to soar anytime soon, leaving us with Fed actions that will put upward pressure on short term and long term that will lead to lower GDP growth and lower inflation. We managed to score some of the eclipse glasses and observe the 80% eclipse here in PA).

Marketing 60

Marketing Taxes DC Community Bank 60