Abrigo

MARCH 17, 2022

However, community financial institutions can incorporate the new scenarios for their own stress tests to help determine how their capital levels will fare in severe economic situations. The 2022 stress test scenarios provide a blueprint for community banks and credit unions to get started on their own stress tests.

Capital 195

Capital Regulation Risk Management Community 195

Abrigo

AUGUST 3, 2015

The ABA’s 2015 Survey of Bank Compliance Officers , conducted February through March 2015, had participation from more than 450 financial institutions, with almost 80 percent being community banks. ABA president and CEO, Frank Keating, commented that Dodd-Frank has impacted banks, their customers and the communities they serve.

Compliance 150

Compliance Community Bank Community Survey 150

Abrigo

JULY 10, 2023

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 AI can enhance our efficiency, but financial institutions must be on guard against AI fraud. Here are several suggestions for tightening security.

Fraud 150

Fraud How To social media Security 150

Abrigo

SEPTEMBER 14, 2022

2) To enable communities, governmental entities, and creditors to identify business and community development needs and opportunities of women-owned, minority-owned, and small businesses. In fact, it took a lawsuit initiated by a California community group in 2019 to get things moving. Those implementing regulations were coming.

Lending 195

Lending Data Regulation Community 195

Abrigo

DECEMBER 22, 2023

To learn more about the PD/LGD approach and the pros and cons of using it under the Current Expected Credit Loss Model (CECL), download this infographic, CECL Methodologies: Pros and Cons for Your Portfolio , or read about how one financial institution incorporated PD/LGD into its allowance calculation.

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

AUGUST 9, 2017

As the 2012 FDIC Supervisory Insights suggests, “Stress-test results for individual loans can be used by loan officers and credit committees to better understand a borrower’s or property’s risk characteristics and position the bank (as lender) for unexpected adverse circumstances.”

Columbus 150

Columbus Ohio FDIC Strategy 150

Abrigo

MARCH 13, 2023

DOWNLOAD Takeaway 1 Silicon Valley Bank's failure is a stark reminder for other financial institutions that when a crisis occurs, it can spread rapidly. The unknown in this is the role if any that the credit conditions played on loans that are not typical across community banking institutions.

Strategy 195

Strategy Lending Security Analysis 195

Abrigo

NOVEMBER 9, 2022

You might also like this: "Beyond CECL: Stress testing, ALM, and financial planning" DOWNLOAD. For community banks specifically, they’re already reserving for a lifetime of credit losses,” he said. Banks regulated by the Federal Reserve, the OCC, or the FDIC made up the bulk of institutions represented by survey-takers (73%).

Survey 195

Survey Software Resources Meeting 195

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Independent Banker

AUGUST 26, 2015

Community banks and their customers don’t need to be concerned about the legality of digitally signed documents. Webster says FDIC officials had “no issue” with the mortgage company’s use of electronic signatures during a recent exam of PrivatePlus Mortgage. Legal aspects. We get great feedback from customers.”.

San Francisco 70

San Francisco Lending System Atlanta 70

Jeff For Banks

APRIL 14, 2022

First he had to download some obscure app that must read bindings. Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. Bye Bye Banks: The End of Community Banking as an Engine of Economic Growth 2010 Robert H. Two hundred and forty three. How do I know? He sent me his list.

America 78

America National Denver United States 78