Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. For other borrowers, the $596 million-asset community bank allowed deferrals of principal or, in some cases, full payment deferrals. Photo: R.J.

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Community Bank Community Texas Dallas 209

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. The disruption, it turned out, had been caused by a food distribution event.

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Community Bank Community National Fresno 196

Abrigo

JANUARY 30, 2024

Get your ticket now for ThinkBIG, an industry-leading learning and networking event. Attendees return from ThinkBIG energized and informed so they can continue positively impacting their institutions and, more importantly, their communities. Don’t take our word for it, though.

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Independent Banker

NOVEMBER 30, 2022

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Bank of Montana, Missoula, Mont.;

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Community Bank Community Montana Leadership 169

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

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Community Bank Community Texas Leadership 164

Independent Banker

JUNE 30, 2022

A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. David, Community Bank Consulting Services, Inc.

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Lending Strategy Community Bank Community 103

Abrigo

APRIL 8, 2020

Many hopeful participants took to Twitter to express frustrations with their primary lenders not lending or including caveats to borrower eligibility. It would also be remiss in failing to mention that most community financial institutions want to help their local small businesses, but many are overwhelmed by the “how.” Get Started.

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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.

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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

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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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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

South State Correspondent

MAY 28, 2024

This view is reflected by a sharp decrease in the average contractual loan commitment term at community banks and an increase in floating vs. fixed rate structures. However, community banks should carefully consider the prudence of a borrower’s decision based on the risks and rewards outlined below.

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Analysis Community Bank Marketing Community 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.

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How To Community Community Bank Marketing 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.”

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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.

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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 […].

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Community Innovation Marketing Customer Experience 273

Abrigo

JANUARY 29, 2021

You might also like this webinar on human trafficking and major events. Takeaway 3 The pandemic has increased online activity, while in-person events like sporting events and concerts waned. . Lending & Credit Risk. Lending & Credit Risk. SBA Lending. DOWNLOAD/WATCH. An ongoing problem. New trends.

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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

PYMNTS

OCTOBER 31, 2018

Small businesses (SMBs) left behind by their banks, thanks to tightening risk and capital requirements post-financial crisis, certainly left a gap in the SMB lending market that alternative and marketplace lenders rushed to fill. “In micro-lending, P2P and retail, it’s structured data,” he told PYMNTS. In the U.K.,

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South State Correspondent

JUNE 13, 2022

Instantly, the cash flow for those businesses that many community banks lent to is impacted. That is a significant change in risk for a material part of a large community bank’s balance sheet. However, the risk of these two events is not exactly equal. In this case, the expected loss changed by 30%.

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Risk Management Examples social media Management 195

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.

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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.

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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.

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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.

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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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CFPB Monitor

OCTOBER 12, 2015

I arrived early for the class and got to hear a lunch address on fair lending by Patrice Ficklin, Director of the CFPB’s Office of Fair Lending. First, she said that the CFPB was starting its first fair-lending-focused exams of business lenders. In her prepared remarks, Ms. At the conclusion of her remarks, I asked Ms.

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Lending Community Analysis Examples 60

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.

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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.”

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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.

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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.

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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.

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Risk Management Management Denver Conference 170

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.

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Risk Management Management Denver Conference 186

CFPB Monitor

MAY 7, 2020

The CFPB’s annual fair lending report covering its 2019 activities is scheduled to be published in tomorrow’s Federal Register. The Bureau states that an area of innovation that it is monitoring for fair lending and credit access issues is “artificial intelligence (AI), and more specifically, machine learning (ML), a subset of AI.”

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Lending Report FDIC Policies 78

Abrigo

APRIL 18, 2020

We are, however, continuing to accept materials for future applications in the event that additional funds are added.”. Legends Bank in Clarksville, Tennessee, was able to process 228 loans for about $34 million, bank President and CEO Thomas Bates said during a webinar Friday hosted by the Independent Community Bankers of America (ICBA).

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