Independent Banker

MAY 31, 2022

Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge. Fraud and cyber attacks are on the rise, and at great expense to the industry.

Community Bank 134

Community Bank Community Fraud Texas 134

PYMNTS

JUNE 19, 2020

In today’s top news, Congress is considering passing another round of PPP loans for certain small and medium-sized businesses (SMBs), and Alibaba and JD.com recorded record sales figures in their annual 618 shopping event. Alibaba, JD.com Net $136B In China’s Biggest Annual Shopping Event. The 18-day event delivered $136.5

Payments 141

Payments social media Tools Resources 141

South State Correspondent

SEPTEMBER 4, 2023

We analyzed the loan performance (return on equity, loan yield, fee income, and loan size) of hedged borrowings in a large group of community banks and compared this to the community bank industry averages. The table below shows a summary of our analysis (community banks are defined as banks under $10B in assets).

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Analysis Community Bank Community Training 195

South State Correspondent

APRIL 9, 2024

We estimate that the average contractual loan commitment for term credit at community banks has decreased from just under five years in 2022 to just under three years currently. Community banks should carefully consider the prudence of such a strategy from both a risk and revenue perspective.

How To 195

How To Community Community Bank Marketing 195

Abrigo

NOVEMBER 8, 2019

Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. However, the lack of prescriptive guidance on how to effectively stress the loan portfolio has created challenges for some community financial institutions.

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Lending Risk Management Analysis Capital 150

South State Correspondent

OCTOBER 17, 2022

In a previous article ( HERE ), we discussed the concept of Funds Transfer Pricing (FTP), why systemically important banks and large regional banks incorporate FTP, and why community banks should also consider implementing FTP. In this article, we look at using FTP attribution to better understand lending profitability.

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How To Community Bank Community Capital 195

CFPB Monitor

FEBRUARY 23, 2021

The New York Department of Financial Services (DFS) recently announced that it has entered into an agreement with Hunt Mortgage , a licensed mortgage banker, to address the DFS’s findings that there was a “demonstrable lack of lending to minorities and in majority-minority neighborhoods in Western and Central New York by Hunt Mortgage.”

New York 78

New York Lending Report Policies 78

Abrigo

MAY 5, 2022

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Main Street Banking: A Podcast for Community Bankers 8. And all release a new episode at least monthly. NextGen Banker 10.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. The rise of FinTech offers a bit of a prism through which to view those events. As for lending to businesses, banks have still been a bit hesitant to lend to smaller firms.

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Lending Innovation Fintech Cards 148

Bank Innovation

MARCH 26, 2020

Despite market strains caused by the novel coronavirus, providing funds for communities shouldn’t be a major issue for banks, according to Mike McCrary, first vice president of LSBX, Lincoln Savings Bank’s innovation lab.? “The The strength of […].

Community 273

Community Innovation Marketing Customer Experience 273

South State Correspondent

OCTOBER 23, 2022

This rapid change in interest rates requires careful planning, product selection, and new lending and deposit-gathering strategies. Application to Community Banks. In today’s lending market, borrowers start from historically low interest rates, making the DSCR deterioration much more likely. Higher Rates Due To A Suprised Fed.

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Community Bank Community Meeting Lending 221

CFPB Monitor

AUGUST 23, 2018

The CFPB’s Office of Fair Lending and Equal Opportunity has announced that it will hold a day-long symposium, “Building a Bridge to Credit Visibility,” to “explore challenges many consumers face in accessing credit.”. The event will also be livestreamed on the CFPB’s website.

Lending 60

Lending Community Strategy Groups 60

ABA Community Banking

JANUARY 16, 2020

Speaking to attendees at a mortgage industry event in Kansas City, Missouri, today, Federal Reserve Governor Michelle Bowman expressed optimism about the trajectory of the housing market but raised concerns about the declining number of community banks remaining in the consumer real estate mortgage market.

Community Bank 80

Community Bank Kansas City Community Missouri 80

Abrigo

OCTOBER 20, 2020

From economic forecasts to company culture, there were important takeaways for all community financial institutions. . Millennium Bank, like many community financial institutions, is heavily concentrated in commercial real estate (CRE). Drive Growth. Understanding the current state of banking and future expectations.

Management 195

Management Lending Community Strategy 195

PYMNTS

APRIL 17, 2020

is in the thick of the crisis and still in the early days of attempting to gain back ground lost to the black swan event that shut down the world. A difficult turn of events, Webster noted, as a credit crunch coming as consumers are facing furloughs, halted paychecks and unemployment is a tough pairing. It is fair to say that the U.S.

Community 162

Community Cards Payments ATM 162

Abrigo

DECEMBER 2, 2021

Takeaway 3 Signing up for 2022 conferences is another smart use of surplus budget funds, because some events are offering early-bird discounts. Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report.

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Conference San Antonio Lending Fraud 195

Jack Henry

DECEMBER 9, 2021

Investments in financial technology have been increasing for years, but the events of the last 18 months have created a new sense of urgency for community banks and credit unions to fine-tune their digital strategies across the spectrum of various fintech investments.

Strategy 148

Strategy Digital Strategies FDIC Community Bank 148

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. For many, commercial real estate lending may be the ticket. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

PYMNTS

MARCH 15, 2019

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on Thursday (March 13) said the financial institution remains undeterred by the challenge. “In the event we acquire Hana or any other type of SBA business, that will be an add-on.”

National 139

National Community Bank Metro Lending 139

Independent Banker

JUNE 30, 2020

A crescendo of events drove actions that ultimately led to the birth of a new nation. Today, as our country continues to grapple with the COVID-19 pandemic and the heavy hearted weight of racial tensions, we must remember that as Americans, and as community bankers, we have an opportunity to make decisions that will shape our future.

Community Bank 184

Community Bank Community social media National 184

Jack Henry

OCTOBER 7, 2021

The events of the past year have reinforced the notion that healthy loan portfolios feed much more than the financial institution and its shareholders. They feed the communities served by those institutions. They nurture the nationwide economy. Most importantly, they help form the conditions that ensure future economic growth.

Management 158

Management Community Lending 158

Abrigo

JULY 13, 2017

In September 2016, more than 240 bankers and industry experts from both community banks and credit unions attended the Risk Management Summit in Austin, Texas. For more information on the 2017 Risk Management Summit, or to register, visit Sageworks.com/Summit or email events@sageworks.com. Here are the 2016 Summit Takeaways.

Risk Management 170

Risk Management Management Denver Conference 170

South State Correspondent

JANUARY 2, 2024

Bankers must be able to present the current (spot) and forward interest rate lending curve to clients. Below is a graph showing the forward lending curve from one month to ten years using the same assumptions we made for the spot (current) yield curve. That dispersion is about 95bps for one standard deviation in today’s market.

How To 195

How To St. Louis Lending Marketing 195

Abrigo

MARCH 22, 2017

In September 2016, more than 240 bankers and industry experts from both community banks and credit unions attended the Risk Management Summit in Austin, Texas. For more information on the 2017 Risk Management Summit, or to register, visit Sageworks.com/Summit or email events@sageworks.com.

Risk Management 186

Risk Management Management Denver Conference 186

Abrigo

SEPTEMBER 5, 2023

unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit). For example, the lack of guarantee may not cause a charge-off, but it limits options in the event of a workout. The following is an example of how I would address the structural exception of non-recourse lending.

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

MARCH 6, 2017

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. His recent research reports have covered SMB lending, alternative lenders and automating commercial lending.

social media 150

social media Lending Community Community Bank 150

PYMNTS

MAY 31, 2019

PayPal Hits $10B SMB Lending Milestone. How Contactless Payments Could Beat Summer Event Heat. The firm said a design defect in one of its applications may have exposed the data of its customers. The company said it hired an independent security forensic company to make sure there wasn’t access to sensitive customer data.

Lending 122

Lending Payments Apple social media 122

Independent Banker

OCTOBER 1, 2022

An event at EMS in June brought together (L–R) Clear Mountain Bank president/CEO Dave Thomas, ICBA president Rebeca Romero Rainey, FHLBank Pittsburgh president/CEO Winthrop Watson, and Tim Critchfield, EMS owner/president. Consider, for example, its commercial lending approach. Bringing BOB into the mix. Quick Stat. million in funding.

West Virginia 91

West Virginia Virginia Community Bank Community 91

Perficient

DECEMBER 1, 2022

She had a list of eligible prospects from community events she had recently attended, as well as current clients in mind that would benefit from tax-aware asset location. The list of “perfect” targets for her campaign was just 35 individuals.

Taxes 294

Taxes Customer Experience Marketing Compliance 294

Abrigo

JUNE 5, 2023

Naturally, all financial institutions come under increased regulatory scrutiny after such newsworthy events as those, too. the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio). Visualizing the institution’s lending footprint can lead to improved targeting of growth areas.

Report 195

Report Risk Management Capital Data 195

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 195

Fintech Lending Software Compliance 195

Abrigo

AUGUST 9, 2019

Modernization of the Community Reinvestment Act. Crenshaw’s presentation, “The Myth of Multitasking and Change Management,” will kick off day one of the three-day ThinkBIG conference, which is consistently rated a top industry event by attendees. The current expected credit loss model, or CECL.

Management 150

Management Conference Lending Training 150

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

Jeff For Banks

MAY 21, 2022

I'm growing more concerned about the time and effort by community financial institutions to understand the needs of next generation shareholders and build a strategy around shareholder succession. You may be aware that Wellington is a significant institutional investor in community bank stocks. Make shareholder meeting an event.

Community 78

Community Lending Community Bank Meeting 78

Gonzobanker

JUNE 18, 2018

We all figured it would happen sooner or later, and now it has – by Thoma Bravo , which, as part of the deal, merged MeridianLink with CRIF Lending Solutions’ ACTion, Synergy and Achieve divisions. That dispute (speculatively) set off a chain of events that ultimately led to the Thoma Bravo announcement last week.

Lending 60

Lending Leadership Community Bank System 60

FICO

NOVEMBER 29, 2018

The programs and NAGGL event attract mostly community banks and credit unions across the US because the SBA is known for connecting businesses with their local providers. Small business lending was strong in 2018 and pro small business growth policies have been conducive to that growth. Or visit our website.

Community 67

Community Community Bank Policies Leadership 67

PYMNTS

JULY 16, 2019

The event occurred in the beginning of Q3. The bank also recently announced an initiative to help local communities. Shares fell on the news. In a K-8 filing, KeyCorp, which is based in Cleveland, said the fraud involved a “business customer” and that it was discovered “on or about” July 9. KeyBank’s five-year, $16.5

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Fraud Cleveland Indiana Community 142