Abrigo

SEPTEMBER 5, 2023

As the FDIC said recently: Exceptions to policy should be few in number and properly justified, approved, and tracked. Get details in "A guide to implementing credit policy." There are certain instances where, for structural or competitive reasons, a guarantee is difficult to obtain. Talk to a specialist to learn more.

Policies 195

Policies Lending Risk Management Examples 195

Jeff For Banks

JUNE 2, 2023

And quite frankly, I did not know there were so many tranches to mortgage-backed securities. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? Most of the more than 500 financial institutions that failed were community banks. We took a serious reputational hit. Good times.

FDIC 78

FDIC Community Bank Regulation Lending 78

Abrigo

JULY 20, 2021

Even if community businesses don’t end up utilizing the federally guaranteed loans , many small businesses have heard of SBA loans and want to explore them. During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

Even if community businesses don’t end up utilizing the federally guaranteed loans , many small businesses have heard of SBA loans and want to explore them. During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp.

Lending 195

Lending FDIC Capital Risk Management 195

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

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. But community banks should not be without hope, nor should they underestimate the significance of customer relationships.

Community Bank 70

Community Bank Community Lending FDIC 70

Independent Banker

DECEMBER 13, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Risk levels have a five-point range. By Ellen Ryan.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Risk levels have a five-point range. By Ellen Ryan.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers. Siphoning customers.

Community Bank 70

Community Bank Community Analytics Lending 70

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

social media 195

social media FDIC Branding Management 195

Independent Banker

FEBRUARY 24, 2016

Welcome to the Crescent City, where the largest educational gathering of community bankers convenes this month. It’s Community Banking LIVE 2016 in New Orleans. Independent Community Bankers of America. Former Major League Baseball player and manager, chief baseball officer for the Arizona Diamondbacks. romerorainey.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. While fraud detection software and robust security measures are essential, educating clients on fraud prevention is equally important.

Fraud 195

Fraud Resources social media Software 195

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Security Bank Midwest.

Community Bank 172

Community Bank Community National Philadelphia 172

Abrigo

DECEMBER 19, 2019

In 2008, there were 7,061 FDIC-insured commercial banks in the U.S. For many community and regional banks looking to compete with larger financial institutions and grow their bank, the answer has been mergers and acquisitions. Mergers become a more viable option for smaller banks struggling to secure more deposits. Learn More.

Lending 195

Lending Fraud Community FDIC 195

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. Credit Risk Management.

Lending 195

Lending Data Regulation Community 195