ABA Community Banking

DECEMBER 4, 2019

As one of the country's generation of young bank CEOs, and one whose professional background is in risk management and regulatory compliance, Clayton Legear shares his unique outlook in the latest episode of the ABA Banking Journal Podcast.

Risk Management 95

Risk Management Management Compliance Leadership 95

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release.

Compliance 164

Compliance Software Risk Management Management 164

Abrigo

OCTOBER 8, 2014

This article is the first in a two-part series on top concerns and growth strategies of community banks. Regulatory compliance. Risk management. These are all phrases that resonate with community bankers. Regulatory Compliance. Community bankers are not keeping these concerns to themselves.

Community Bank 191

Community Bank Community Strategy Risk Management 191

Independent Banker

DECEMBER 31, 2022

Community banks must continue to stay focused on regulatory discussions and remain nimble to respond to proposals and address requirements quickly and accurately. The FDIC issued guidance about the consumer compliance risks associated with assessing NSF arising from the re-presentment of the same unpaid transaction. Quick Stat.

Compliance 100

Compliance FDIC Community Bank Community 100

PYMNTS

AUGUST 21, 2019

ADEC Innovations, a global sustainable practice and compliance firm, is partnering with London-based Libryo , a legal tech software as a service (SaaS) company, to help brands understand compliance requirements, ADEC said in a press release on Tuesday (Aug. The software will track chemical use and manage compliance.

Compliance 108

Compliance Innovation Software Risk Management 108

Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” While the final guidance clearly applies to larger financial institutions, community banks should still take note.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

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

Independent Banker

DECEMBER 1, 2021

For community banks who are known for putting their customers first, this could be an area of concern. However, data from PwC shows that community banks are finding complementary partnerships that evolve their operations and the service they provide customers. 18% of these consumers opened an account with an online-only direct bank.

Community Bank 91

Community Bank Community Fintech Guidelines 91

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Legal and regulatory compliance. Risk management policies, processes, and controls.

Community Bank 78

Community Bank Community Fintech Company 78

Perficient

JANUARY 30, 2024

Every voice within our organization holds significance, none more so than Carolyn Lee , a Project Manager (PM) in our Financial Services business unit and a leader in Perficient’s Risk and Regulatory Center of Excellence (CoE). Perficient promises to challenge, champion , and celebrate our people.

Innovation 221

Innovation Risk Management Meeting Management 221

ABA Community Banking

SEPTEMBER 29, 2022

Insights from the 2022 Federal Reserve/CSBS survey of community banks. The post One in 10 community banks planning to launch crypto services appeared first on ABA Banking Journal.

Community Bank 98

Community Bank Community Survey Risk Management 98

Abrigo

OCTOBER 23, 2014

Community banks certainly want to remain conservative with risks and follow regulations. But shareholders also expect profitability and growth, while keeping costs, especially those related to regulatory compliance, down. The regulatory compliance aspect is critical, CEIS notes.

Risk Management 186

Risk Management Management Lending Resources 186

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

ABA Community Banking

JUNE 13, 2023

The latest episode of the ABA Banking Journal Podcast features the winners of ABA's Distinguished Service Awards for Risk and Compliance. The post Podcast: Perspectives from two bank risk and compliance leaders appeared first on ABA Banking Journal.

Compliance 52

Compliance Risk Management Training Leadership 52

Abrigo

FEBRUARY 2, 2015

For most consumers who have a checking account, savings account and maybe a mortgage, the regulations placed on their community bank isn’t given a second thought. Two recent surveys addressing the community banking landscape have pointed to increasing regulations as the primary cause of stress for these institutions.

Community Bank 150

Community Bank Community Regulation Survey 150

PYMNTS

NOVEMBER 17, 2017

And yet, sometimes community banks, opt to stick to their lending knitting, forfeiting the potential to earn non-interest revenue and cementing their ties with both individual and corporate customers. The community banking model is based on customer relationships and the allocation of capital and extending loans.

Community Bank 115

Community Bank Community Cards Lending 115

ABA Community Banking

MARCH 7, 2022

For midsize and community banks, it will be a number of years before OCC examiners conduct climate risk management examinations. The post OCC’s Hsu: Climate Risk Exams for Community, Midsized Banks ‘Number of Years’ Away appeared first on ABA Banking Journal.

Community 59

Community Risk Management Community Bank Management 59

ABA Community Banking

MARCH 18, 2020

Amid the global coronavirus pandemic—and a massive response by policymakers—how can community banks best meet customer and employee needs while managing their balance sheets and loan portfolios? The post Podcast: A Community Bank Coronavirus Playbook appeared first on ABA Banking Journal.

Community Bank 109

Community Bank Community Meeting Management 109

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

ABA Community Banking

SEPTEMBER 29, 2021

On the latest episode the ABA Banking Journal Podcast, Berkshire Bank President and CEO Nitin Mhatre discusss Berkshire Bank's "BEST Community Comeback," a new $5 billion ESG-focused initiative at the Massachusetts-based midsize community bank.

Community 81

Community Strategy Massachusetts Community Bank 81

Banking Exchange

APRIL 20, 2020

million applications Compliance/Regulatory Credit Risk Community Banking Business Credit The Economy Compliance Risk Management Feature3 Feature Management. The Paycheck Protection Program ran out of funds last week after approving more than 1.6

Risk Management 78

Risk Management Community Bank Compliance Community 78

Banking Exchange

MAY 4, 2020

Some states are phasing out stay-at-home orders and allowing businesses to reopen after nearly two months of lockdown Customers Branch Technology/ATMs Compliance Management Operational Risk Compliance/Regulatory Community Banking The Economy Feature Management Duties Feature3 Risk Management.

Risk Management 78

Risk Management ATM Community Bank Compliance 78

American Banker

NOVEMBER 10, 2023

Regional and community banks, meanwhile, were plagued by IT problems and risk management struggles. In its biannual report on supervision and regulation, the Federal Reserve Board noted an uptick in governance issues with large banks.

Risk Management 90

Risk Management Community Bank Regional Community 90

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

Banking Exchange

APRIL 22, 2020

House of Representatives will vote on the bill this week after extensive lobbying by banks and financial institutions Compliance Risk Management Community Banking Feature Feature3 The Economy.

Risk Management 78

Risk Management Community Bank Compliance Community 78

ABA Community Banking

MAY 18, 2023

The post Podcast: The anatomy of a community bank ransomware attack appeared first on ABA Banking Journal. The cover story of the latest issue of the ABA Banking Journal features an unprecedentedly transparent look into what happens inside a financial institution during and after a ransomware attack.

Community Bank 52

Community Bank Community Risk Management Compliance 52

ABA Community Banking

JULY 27, 2016

But challenges remain in integrating technologies Compliance Risk Management Compliance Management Operational Risk.

Risk Management 40

Risk Management Management Compliance Operations 40

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. But a community financial institution often has different needs related to origination than those of a giant lender. Experts say that would be a mistake.

Technology 195

Technology Lending Community Software 195

Abrigo

NOVEMBER 10, 2014

According to CB Insight , community bankers felt Q3 was a light one in terms of regulatory compliance. However, the Q3 2014 Banking Compliance Index (BCI), shows otherwise. For most community banks, this is difficult to address, especially if regulatory changes continue to increase. Very few universities in the U.S.

Risk Management 170

Risk Management Community Bank Compliance Community 170

Abrigo

FEBRUARY 14, 2023

Data collection requirements The CFPB 1071 rule is a top compliance concern According to a recent survey , financial institution executives’ top regulatory compliance concern is the final rule from the Consumer Financial Protection Bureau (CFPB) on data collection for small business loan applications.

Data 195

Data Lending Compliance Resources 195

ABA Community Banking

JANUARY 31, 2018

Regulatory outlook for 2018, rule by rule with links Compliance Risk Management Compliance Management Compliance/Regulatory.

Compliance 40

Compliance Risk Management Management 40

Perficient

FEBRUARY 4, 2021

Many communities of people with disabilities are very close-knit and if your site is recognized as accessible, this ends up being a competitive advantage. It helps in other crucial areas of your organization, such as search engine optimization (SEO) and legal risk management. Accessibility Belongs in the Design Phase.

UX 531

UX Guidelines Compliance Study 531

Abrigo

SEPTEMBER 7, 2023

They can result in sub-optimal lending for community banks and credit unions as well as the communities they serve across the country. Workflow reports – Bottlenecks Community financial institutions are acutely aware of their advantages and disadvantages relative to the large banks across the country.

Report 195

Report Lending Trends Data 195

ABA Community Banking

JANUARY 7, 2019

Continuity recently shared its perspective on surprises in 2018 and what lies in store for 2019 Financial Research Feature Financial Trends Compliance Risk Management Compliance Management Operational Risk Compliance/Regulatory Consumer Compliance Mortgage Compliance Feature3 Fintech.

Compliance 45

Compliance Trends Management System 45

Abrigo

NOVEMBER 17, 2023

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. According to PWC , rising prices can have substantial implications on fraud risks. The downturn in the economy has undoubtedly affected fraud statistics as well.

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Fraud Training Trends Compliance 195