Independent Banker

DECEMBER 31, 2022

Community banks must continue to stay focused on regulatory discussions and remain nimble to respond to proposals and address requirements quickly and accurately. Evolving risks. Community banks should keep an eye on evolving risks and emerging threats in 2023, including these: Small business data. Climate-related risk.

Compliance 100

Compliance FDIC Community Bank Community 100

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

Abrigo

AUGUST 5, 2020

is officially in a recession, according to the National Bureau of Economic Research. Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution. The national effects remain opaque and will continue to change – do not get complacent.

Management 195

Management Risk Management Trends Industry 195

CFPB Monitor

SEPTEMBER 21, 2020

Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Rebecca Steele, President/CEO, National Foundation for Credit Counseling (Washington, DC).

DC 78

DC Mississippi Washington Oklahoma City 78

Abrigo

SEPTEMBER 26, 2014

What’s been mostly out of the mainstream news cycle, though, is the effects of regulation following the financial crisis on the community banks– specifically, credit unions. Dan Berger, the president and CEO of the National Association of Federal Credit Unions (NAFCU). ” The piece was written by B.

Capital 191

Capital National Regulation Risk Management 191

Jeff For Banks

MARCH 21, 2024

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters. 4Q) is 3.40%.

Marketing 146

Marketing Policies Report Atlanta 146

Independent Banker

SEPTEMBER 25, 2014

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. Be aware of existing or emerging risk concerns. By Karen Hoffman. Tread carefully with loan growth and underwriting.

Compliance 101

Compliance Regulation Community Bank Community 101

Independent Banker

JANUARY 28, 2016

As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Safety and soundness concerns will remain a prominent driver of that supervisory dynamic for community banks. What should community banks anticipate here? Anticipating safety and soundness exam issues in 2016.

Community Bank 70

Community Bank Community Regulation Lending 70

CFPB Monitor

SEPTEMBER 21, 2015

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms. Kathleen C.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

Independent Banker

DECEMBER 13, 2015

Even if you’re not required to use either version of the Cybersecurity Assessment, beta users say it can help your community bank gauge its cybersecurity risks and ultimately guard against cybercrime. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Risk levels have a five-point range.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Even if you’re not required to use either version of the Cybersecurity Assessment, beta users say it can help your community bank gauge its cybersecurity risks and ultimately guard against cybercrime. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Risk levels have a five-point range.

Tools 70

Tools Community Community Bank Security 70

Jeff For Banks

NOVEMBER 3, 2023

Do you remember what it means for Fed policy to be “restrictive?” Mortgage rates are now close to 8.00%; affordability is at its lowest point since 1989, according to the National Association of Realtors. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Are Rates Restrictive ? Be patient.

Marketing 85

Marketing Community Bank Policies Community 85

Independent Banker

SEPTEMBER 26, 2014

Many community bankers concluded that the EGRPRA is little more than a “check the box” process for regulators. Community Bankers Chosen as CFPB Advisors. The Consumer Financial Protection Bureau named nine community bankers to serve new terms on the bureau’s Community Bank Advisory Council. Starting fresh.

Washington 70

Washington Fort Worth Regulation Community Bank 70

Independent Banker

FEBRUARY 24, 2016

“I know that unnecessary regulation saps the strength of community banks.” Curry offers a brief update about a few current regulatory issues on his mind, including his agency’s concerns about signs of growing credit risk throughout the banking industry. Curry, U.S. Comptroller of the currency. An interview with U.S.

Community Bank 70

Community Bank Community Regulation Compliance 70

Gonzobanker

DECEMBER 17, 2021

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats on a brave move and national recognition Jim! Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. From nowhere, sizable regional players are being created. You tell us.

Fintech 147

Fintech Strategy Leadership Lending 147

Jeff For Banks

MARCH 5, 2022

At the same time as Fed tightening, the fiscal policy of handing out “free money” has apparently ended and the consequential explosion of demand will abate. People know the “free money” and easy Fed policy were certainly not “free” and they are paying the price with inflation. Fed policy also works with a lag of six to nine months.

Marketing 78

Marketing Policies Community Bank Community 78

Abrigo

MAY 8, 2024

Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience.

Examples 195

Examples Fraud Resources Risk Management 195

Abrigo

JANUARY 22, 2024

Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. First, they must evaluate whether their institution is prepared to insert AML risk management procedures into the transaction process to match the speed FedNow can offer.

Fraud 221

Fraud Training Risk Management Software 221

Jeff For Banks

OCTOBER 19, 2012

He said that to measure economic progress, we need to gauge “happiness,” because, after all, the ultimate objective of Fed policy decisions is promoting “the enhancement of well being.” Bhutan, a Buddhist nation between India and China, began calculating the Gross National Happiness, or “GNH,” Index in 1972. 6% and 1.2%

National 79

National Security US Massachusetts 79

Abrigo

JULY 28, 2021

Community financial institutions required to complete the current expected credit loss (CECL) standard implementation by 2023 are undoubtedly busy managing record-low net interest margins, pandemic-related uncertainties, and operational issues, as well as their own strategic initiatives. Start Now’.

Resources 195

Resources San Antonio Data Regulation 195

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 195

Fintech Community Regional Technology 195

Abrigo

FEBRUARY 15, 2023

Introduction Incorporating the AML/CFT priorities into a risk assessment Not all risks to a financial institution are equal. Since the AML/CFT priorities are still relatively new, the residual risk is most likely considered low to moderate when solid mitigating processes are in place. from the U.S.

Fraud 195

Fraud United States Training Policies 195

Jeff For Banks

APRIL 22, 2018

This only gives proof that the Fed is still looking at the Phillips Curve (unemployment-inflation tradeoff) to set policy. He is a man with financial markets experience and should understand the effect of Fed policy on the markets. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 60

Marketing Philadelphia social media Taxes 60

PYMNTS

SEPTEMBER 27, 2019

The card networks and nationally licensed banks working across state lines would violate the RICO anti-money laundering laws if they attempted to move the payment. That cash-only policy isn’t limited to transactions for many dispensary owners. However, that situation could potentially be changing if the U.S,

Taxes 151

Taxes Compliance District of Columbia Industry 151

FICO

JANUARY 5, 2023

Policy Predictions for Financial Services Companies. I suspect Yogi would be disappointed to know that after many years of writing a year-end public policy predictions blog post, I am no longer aware of my batting average. Entering 2023, the United States continues to be without a comprehensive national privacy law. FICO Admin.

Policies 52

Policies Company Regulation Risk Management 52