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? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

CFPB Monitor

AUGUST 6, 2018

On July 26, 2018, the Federal Reserve Board (“ FRB “) announced the launch of the “Consumer Compliance Supervision Bulletin” (the “ Bulletin “) and simultaneously published its first issue. With this in mind, the July 2018 Bulletin focuses on a wide-range of consumer protection issues, including: Redlining.

Compliance 68

Compliance Risk Management Lending Training 68

Independent Banker

SEPTEMBER 25, 2014

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. Be aware of existing or emerging risk concerns. By Karen Hoffman.

Compliance 101

Compliance Regulation Community Bank Community 101

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

ABA Community Banking

NOVEMBER 14, 2014

Ongoing debate makes bank policy-setting hazy Compliance Risk Management BSA/AML Compliance/Regulatory. 1Compliance'

Compliance 81

Compliance Risk Management Policies Management 81

Independent Banker

OCTOBER 1, 2022

AmTrust recently worked with one community bank client that was the target of a ransomware attack that shut down its branches for two weeks. Cyber insurance products vary depending on the carrier and how an individual policy is structured, but most companies offer first-party coverage and third-party liability coverage.

Montana 152

Montana Policies Resources FDIC 152

Abrigo

APRIL 12, 2016

Directors overseeing a bank’s operations are important partners in supervisory efforts, the FDIC noted in the article (“A Community Bank Director’s Guide to Corporate Governance: 21st Century Reflections on the FDIC Pocket Guide for Directors.”). Risk management culture What exactly is a risk management culture?

Management 150

Management FDIC Risk Management Community Bank 150

Independent Banker

NOVEMBER 30, 2022

Stacy Watkins (left), president and CEO, and Hilary Nelson (right), senior vice president and director of operations and compliance, at the Las Vegas Strip. When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. I mean, that’s what a community bank does.”. By Tom Groenfeldt.

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC. Mr. Watkins indicated that the CFPB’s no-action letter policy may also be subject to review by the Bureau.

Policies 60

Policies Lending Data Online 60

Abrigo

NOVEMBER 15, 2019

In fact, banking regulators are in the process of issuing updated guidance on loan or credit risk review systems as a standalone document (rather than as part of guidance related to the allowance for credit losses as it is now) to emphasize their importance in broader risk management efforts.

System 150

System Lending Compliance Risk Management 150

NCR

MARCH 1, 2016

As a result of the recession and market volatility, there has been a concerted effort in recent years throughout the banking industry to focus on a holistic approach to an institution’s overall risk management in order to achieve and sustain stability. Compliance Risk – The banking industry is highly regulated.

Risk Management 40

Risk Management Management Operations Meeting 40

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

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

ABA Community Banking

OCTOBER 1, 2019

Heated competition for bank funding is an increasingly important focus for community bank leaders, according to an annual survey released today by the Federal Reserve, the FDIC and the Conference of State Bank Supervisors. The post Survey Finds Cost of Funds Top of Mind for Community Bankers appeared first on ABA Banking Journal.

Survey 49

Survey Community FDIC Community Bank 49

Insights on Business

NOVEMBER 19, 2018

Both fintech firms and traditional enterprises are on the brink of significant disruption as companies leverage the rapid insights generated by AI in banking to drive demonstrable outcomes in customer experience, risk management and cost efficiency. First are API-based models that integrate partner, client and peer communities.

Compliance 177

Compliance Regional blockchain Technology 177

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Maybe this is the new reality for community bankers, but Cornerstone Advisors is seeing little evidence that they’re serious about implementing a comprehensive digital strategy.

Strategy 158

Strategy System Risk Management Technology 158

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. Does it sound like “reality compliance”? 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.

Compliance 70

Compliance Training Community Bank Regulation 70

ABA Community Banking

MAY 17, 2022

Community banks in oil and gas towns grapple with the future of climate risk supervision. The post When climate risk comes home appeared first on ABA Banking Journal.

Community Bank 98

Community Bank Community Risk Management Policies 98

Jeff For Banks

MAY 16, 2015

High level risk management reports (because more granular risk reports are reviewed in Committee) and trends. Compliance and audit reports, not included in 5 above 7. Other business such as approving policy changes, large/exception credits requiring Board approval as per policy.

Report 60

Report Policies Risk Management Meeting 60

PYMNTS

MARCH 14, 2019

and challenging monetary policy, which contributed to an overall decline in corporate confidence. Both corporates and banks have said Know Your Customer ( KYC ) regulations are their most pressing compliance concerns, with nearly three-quarters of businesses with more than $1 billion in revenues pointing to KYC as their top challenge.

Fraud 115

Fraud Survey Taxes Regulation 115

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. Kathleen C.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

Independent Banker

FEBRUARY 24, 2016

“I know that unnecessary regulation saps the strength of community banks.” Curry offers a brief update about a few current regulatory issues on his mind, including his agency’s concerns about signs of growing credit risk throughout the banking industry. Curry, U.S. Comptroller of the currency. An interview with U.S.

Community Bank 70

Community Bank Community Regulation Compliance 70

Independent Banker

FEBRUARY 24, 2016

Regulators warn once again about rising CRE concentrations and risks. Just about every community bank makes commercial real estate loans. A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. By Howard Schneider. Responsible lending.

Community Bank 70

Community Bank Lending Community Regulation 70

Independent Banker

JANUARY 28, 2016

As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Safety and soundness concerns will remain a prominent driver of that supervisory dynamic for community banks. What should community banks anticipate here? Anticipating safety and soundness exam issues in 2016.

Community Bank 70

Community Bank Community Regulation Lending 70

Independent Banker

SEPTEMBER 26, 2014

Many community bankers concluded that the EGRPRA is little more than a “check the box” process for regulators. Community Bankers Chosen as CFPB Advisors. The Consumer Financial Protection Bureau named nine community bankers to serve new terms on the bureau’s Community Bank Advisory Council. Starting fresh.

Washington 70

Washington Fort Worth Regulation Community Bank 70

Celent Banking

APRIL 18, 2016

Cash Management and Trade Finance. Security, Fraud, and Risk Management. Vietnam Bank For Social Policies, Vietnam. CBW Bank, US. CIBC, Canada. HBL (Habib Bank), Pakistan. Alfa-Bank, Russia. Legacy Transformation. Sberbank, Russia. Umpqua Bank, US. Model Bank of the Year. Eastern Bank, US. Nucleus Software.

US 100

US Case Study Risk Management America 100

ABA Community Banking

FEBRUARY 27, 2020

In a speech at the Federal Reserve Bank of Atlanta today, Federal Reserve Governor Michelle Bowman discussed how the Fed can help boost transparency and provide more clarity to community banks about relationships with vendors and third-party service providers.

Atlanta 88

Atlanta Community Bank Community Risk Management 88

Gonzobanker

DECEMBER 17, 2021

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. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Like how does that play into our communities?

Fintech 147

Fintech Strategy Leadership Lending 147

FICO

JUNE 23, 2022

In case you missed it, FICO World 2022 was a very welcome return to in-person learning and networking for the global fraud detection and financial crime-fighting community. Unified policies and procedures, and shared governance structures, present the next level of integration. Have lunch with your counterpart in fraud or compliance.

Fraud 52

Fraud Management Data Compliance 52

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. appraisal management) and reporting.

Regulation 60

Regulation Management Community Bank System 60

Abrigo

MAY 8, 2024

Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience.

Examples 195

Examples Fraud Resources Risk Management 195

Abrigo

JANUARY 22, 2024

6 Steps t o mitigate fraud risk tied to new products Your AML and fraud teams' input is key when it comes to offering new bank products. These tips can help ensure compliance while improving your offerings. This step sets the foundation for effectiv e risk management by understanding the unique challenges associated with the product.

Fraud 221

Fraud Training Risk Management Software 221

CB Insights

JULY 20, 2017

Primary categories: Compliance: Companies in this category offer products and services for helping financial institutions meet cybersecurity related regulatory requirements such as Anti Money Laundering (AML), Know Your Client (KYC) regulations, and more. Login and look for Cybersecurity Startups in the Collections tab. 2222+ items.

Security 30

Security Company Compliance Marketing 30

Jeff For Banks

JULY 8, 2017

Janet Yellen, like Ben Bernanke before her, is using the Phillips curve to shape policy. For years, regulatory and compliance costs have been growing dramatically. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. In this environment, it has been an achievement for our economy to grow at 2%.

Marketing 60

Marketing Community Bank Security Data 60

Social Assurance

JULY 1, 2014

Marketing doesn’t have time, compliance doesn’t have time, who has time to manage this? Your local community want to hear from you. Community banks & credit unions have a huge advantage over larger institutions when it comes to social. How in the world do we manage our employees? Why is that?

social media 22

social media Handbook Community Tools 22

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 195

Fintech Community Regional Technology 195