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

Independent Banker

AUGUST 31, 2022

This month’s Independent Banker focuses on budgeting issues with a special emphasis on the ICBA National Community Bank Service Awards. With that two-pronged concentration, I can’t help but consider the connection between our role of service and the impact regulation can have on our very ability to serve.

Community Bank 163

Community Bank Honolulu Community Georgia 163

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

Community Bank 122

Community Bank Community FDIC Marketing 122

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void.

Community Bank 131

Community Bank Community Fintech Lending 131

Abrigo

SEPTEMBER 22, 2015

Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts. The article allowed banking executives to weigh in on the subject. Sound is a $500 million institution.

Community Bank 150

Community Bank Community FDIC Survey 150

Abrigo

APRIL 23, 2015

A new bill proposed on April 16 aims to increase the exam cycle period for a larger pool of community banks. would make more banks eligible for an 18-month exam cycle as opposed to the norm of a 12-month schedule. If implemented, hundreds of additional banks would be eligible for the longer cycle.

Community Bank 150

Community Bank Community Survey FDIC 150

South State Correspondent

JANUARY 16, 2024

BSBY was not well received by US regulators from its inception, but the market eventually embraced SOFR over BSBY. We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime). Historically, community banks have hesitated to adopt derivatives for several reasons.

Community Bank 195

Community Bank Community Compliance CA 195

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

South State Correspondent

APRIL 15, 2024

As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. Bank leaders must obtain knowledge in person. The Bank aims to be a responsible citizen at the local level in every community where it lends and takes deposits.

Community 195

Community Community Bank Leadership America 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

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

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

American Banker

MAY 13, 2020

The Independent Community Bankers of America refused to rule out legal action if Congress doesn't address the National Credit Union Administration's recent decision expanding the low-income designation.

Community 78

Community Community Bank Regulation America 78

CFPB Monitor

MARCH 30, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions. Section 4010 – Temporary Hiring Flexibility. Section 4011 – Temporary Lending Limit Waiver.

Regulation 122

Regulation United States Community Bank National 122

Abrigo

MAY 8, 2024

GenAI is seeing varied use cases in banking. Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. Harnessing benefits Generative AI use cases are increasing The excitement kicked up by generative AI, or genAI, has some banks exploring its uses.

Examples 221

Examples Fraud Resources Risk Management 221

South State Correspondent

APRIL 24, 2022

Banks have ceased using LIBOR to price assets and liabilities after 2021. However, some community banks are still deciding on the correct term lending index to adopt. Many banks are uncertain that they have chosen the best term index for their products and markets. Banks prefer an index that follows their cost of funding.

Lending 195

Lending Community Bank Community Marketing 195

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

PYMNTS

JANUARY 23, 2020

“The actions announced by the OCC today reinforce the agency’s expectations that management and employees of national banks and federal savings associations provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations,” Comptroller of the Currency Joseph Otting said.

Community Bank 185

Community Bank Regulation Community Meeting 185

Independent Banker

DECEMBER 31, 2022

While the pace of bank regulatory changes has diminished from a few years ago, several issues will either become effective or likely develop in 2023. Community banks must continue to stay focused on regulatory discussions and remain nimble to respond to proposals and address requirements quickly and accurately. Evolving risks.

Compliance 100

Compliance FDIC Community Bank Community 100

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. Name: Locality Bank. Keith Costello, Locality Bank. “We

Florida 91

Florida Community Bank Community FDIC 91

South State Correspondent

NOVEMBER 16, 2014

. Leaders of the G20 Nations met over the weekend and agreed to introduce new banking regulations that will result in deposits being treated more like an investment and less like "cash and cash equivalents." Watch our animated video to learn more and get our take on what it could mean for community banks.'

Community Bank 207

Community Bank Video Community National 207

Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. The better prepared, the less likely they are to run afoul of the continually shifting regulations. Benjamin Franklin famously said that “by failing to prepare, you are preparing to fail.”

Compliance 101

Compliance Regulation Community Bank Community 101

PYMNTS

JANUARY 23, 2020

“The actions announced by the OCC today reinforce the agency’s expectations that management and employees of national banks and federal savings associations provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations,” Comptroller of the Currency Joseph Otting said.

Community Bank 136

Community Bank Regulation Community Meeting 136

Jeff For Banks

JULY 6, 2013

Why don''t we play a critical role in solving the nation''s retirement problem? government controlled or heavily regulated. But I disagree with greater control of a national pension system in Washington. Why can''t community financial institutions band together to help customers prepare for retirement? that reads.

Community Bank 104

Community Bank Community National Iowa 104

CFPB Monitor

OCTOBER 25, 2022

Quinn: This settlement reflects a striking departure by DFS from the current approach of virtually every federal and state banking regulator and enforcement agency on fair lending cases involving dealer [markups]. Dealers, not banks, determine how much markup to charge customers.

New York 78

New York Lending Community Bank Community 78

PYMNTS

MARCH 13, 2017

President Donald Trump said reducing Dodd-Frank regulations would benefit SMEs struggling to access financing, according to reports. Community banks are the backbone of small business in America.”. Rebeca Romero Rainey, head of Centinel Bank of Taos in New Mexico, agreed. “We

Community Bank 101

Community Bank New Mexico Community Meeting 101

Gonzobanker

FEBRUARY 22, 2024

Community banks need to analyze the demographics and varied business segments to identify the growth potential of each market. Another key player for successful small business banks is the vice president of business lending, who manages the relationship managers and reports to the chief lending officer.

Lending 78

Lending Community Bank Community Strategy 78

PYMNTS

APRIL 16, 2019

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The banks have also agreed to share data on emerging markets. . In one example, the Singapore FinTech Association inked a pact with FinTech Australia to further the development of FinTech across those nations.

Fintech 211

Fintech San Francisco National Innovation 211

CFPB Monitor

AUGUST 20, 2020

federal and state financial institution regulators have taken meaningful, proactive steps to acknowledge financial inequality issues, reach out to traditionally underserved populations to expand access to credit, and further protect consumers from discrimination. This blog post contains a summary of those efforts.

Regulation 78

Regulation FDIC Community Lending 78

Abrigo

JULY 16, 2021

Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. While these are general today, the AMLA requires that regulations be written around each Priority, as appropriate. There is no doubt that the Priorities are broad, as regulations have yet to be written.

Community 195

Community Regulation Training Policies 195

Abrigo

MARCH 17, 2022

The Stress Test Scenarios for Big Banks Are Useful for Smaller Institutions' Own Tests Banking regulators recently released the 2022 scenarios for upcoming stress tests by the biggest banks. But small banks and credit unions can benefit from the stress test scenarios, too. Related Subhead.

Capital 195

Capital Regulation Risk Management Community 195

Jeff For Banks

FEBRUARY 20, 2016

On February 14-17 the American Bankers Association held their National Conference for Community Bankers. I made my first trip to the conference because I was asked to moderate a CEO Exchange, where bank CEOs sat, round-table style, discussing their most pressing issues. Regulators frequently drive risk mitigation.

Conference 60

Conference Community National Millennials 60

Finer Points

SEPTEMBER 20, 2016

So in some ways ICBA’s federal lawsuit against the National Credit Union Administration for its […]. As the legacy of a group of colonists who stared down and defeated the world’s greatest empire, it’s virtually our birthright as Americans.

Regulation 100

Regulation National Groups Washington 100

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. Synctera Brings 'FinTech As A Service' To Community Banks. Plus, online lending startup SoFi is looking to go public through a SPAC.

San Francisco 130

San Francisco Community Bank Video Capital 130

Abrigo

JUNE 5, 2015

In a recent Forbes article, Frank Sorrentino, Chairman and CEO of ConnectOne Bank, offered his take on how financial institutions should flip their mindset on regulators and examinations. Stress testing is one such area where many smaller banks are feeling the weight of regulation.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

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. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. Bob Hickok.

Data 91

Data How To Community Bank California 91

Abrigo

JULY 23, 2021

The regulations are forthcoming, but institutions now should begin the process of performing a threat-focused risk assessment which will guide them where to focus their efforts. It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world.

National 195

National Training United States Regulation 195