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How can bank boards respond to increased regulatory scrutiny?

Abrigo

While the larger banks are receiving the bulk of attention, boards at smaller, community banks are realizing that they’re not immune to this heightened attention. Lynn McKenzie and Edmund Green of KMPG recently contributed an article to Bank Director on how boards can challenge their banks’ management on risk.

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Financial Markets & Economic Update- Third Quarter, 2019 Summer is upon us and I cannot wait to get to the beach for vacation. Although business confidence fell from the uncertainty, stock markets were reaching new record highs on many of indices. By the way, we will be seeing him at a seminar during August! GDP was +3.1%

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DOJ settles redlining lawsuit against First Merchants Bank

CFPB Monitor

Providing training to all employees with significant involvement in mortgage lending, marketing, or CRA compliance within the lending area, all senior management, and all board members to ensure that their activities are conducted in a non-discriminatory manner. Maintaining a fair lending monitoring program. Investing a minimum of $1.12

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Five Challenges to Your Bank of the Future and Ideas to Overcome Them

Jeff For Banks

I recently mentioned to a community bank management team that community financial institutions are slower to close branches because their decision making goes beyond the spreadsheet and market potential. Community bankers know the town mayor, and key business leaders. deposit market share in 2012 to a 80.7%