Remove Community Remove Guidelines Remove Operations Remove Risk Management
article thumbnail

How the OCC risk governance framework applies to community banks

Abrigo

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.

article thumbnail

Opportunities in Partnership: Community Banks Can Benefit from Today’s FinTechs

Independent Banker

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. How to choose the right FinTech partner.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Important Considerations When Growing the CRE Portfolio

Abrigo

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. Learn more about the Sageworks Credit Risk Management Solution.

article thumbnail

6 Recommendations for Cyber Risk Management

FICO

As companies learn their FICO Cyber Risk Score, it raises the question: What are our recommendations for cyber risk management? Managing cyber risk is about managing behavioral risk and skills gaps, as well as technical flaws.

article thumbnail

ALM 101: Introduction to Asset/Liability Management-Part 4: Liquidity Risk

Abrigo

ALM & Measuring Liquidity Risk at Banks and Credit Unions Regulatory agencies expect financial institutions to manage liquidity risk using processes and systems commensurate with the complexity, risk profile, and scope of operations. What events could jeopardize our operational liquidity?

article thumbnail

Data Sharing, XaaS Target SMB Financing Efficiencies

PYMNTS

Foreign exchange and cross-border payments solution provider Currencycloud and cloud-based derivatives and FX firm Derivative Path have announced a partnership aimed at enabling regional and community banks to integrate cross-border payments technologies. Deloitte, Unqork, Plaid Debut Lending-as-a-Service Tool.

Data 167
article thumbnail

Exam Council sets recovery expectations

ABA Community Banking

New FFIEC exam guidelines detail third-party backup plan requirements Risk Management Operational Risk. 1Risk Management'