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The importance of balancing loan portfolio growth and risk management

Abrigo

But how can this growth be managed appropriately? Community banks certainly want to remain conservative with risks and follow regulations. When these reports aren’t provided, the bank is at risk of suffering loan portfolio quality problems that aren’t easily remedied.

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10 Reports every bank and credit union should run NOW

Abrigo

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. Regulators review them to assess safety and soundness.

Report 195
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Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation

Bobsguide

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Global Head of PR. T +44 (0)7917 613586.

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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. Some risks occur slowly; others strike quickly and hard. Optimizing Risk. The Comparison of Risk.

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5 Reasons to Start CECL Implementation Now

Abrigo

Community financial institutions required to complete the current expected credit loss (CECL) standard implementation by 2023 are undoubtedly busy managing record-low net interest margins, pandemic-related uncertainties, and operational issues, as well as their own strategic initiatives. Start Now’.

Resources 195
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Federal Reserve Board Launches “Consumer Compliance Supervision Bulletin”

CFPB Monitor

Aimed at “senior executives in banking organizations,” the Bulletin is published by the FRB’s Division of Consumer and Community Affairs with the intent to provide high-level summaries of various consumer protection issues and to enhance the transparency of the Federal Reserve’s consumer compliance supervisory program.

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

Jeff For Banks

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

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