Abrigo

NOVEMBER 17, 2023

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. According to PWC , rising prices can have substantial implications on fraud risks. The downturn in the economy has undoubtedly affected fraud statistics as well.

Fraud 195

Fraud Training Trends Compliance 195

Abrigo

APRIL 1, 2015

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.

Risk Management 150

Risk Management Community Bank Regulation Boston 150

Jeff For Banks

OCTOBER 29, 2016

In 2006, when the median asset size within my firm's profitability outsourcing service was $696 million, the operating cost per business checking account was $586 per year. billion, and the operating cost per business checking account is $710. Community bankers know the town mayor, and key business leaders.

Training 60

Training FDIC Community Resources 60

CFPB Monitor

JUNE 18, 2019

Even after an acquisition that resulted in the addition of Indianapolis-Marion County to its assessment area, the bank allegedly failed to open or operate a bank branch in any of the county’s majority-Black census tracts. Engaging an independent third party consultant to conduct a community credit needs assessment.

Indianapolis 120

Indianapolis Lending Indiana Community 120