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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

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Top concerns and growth strategies of community banks: Part II

Abrigo

This article is the second in a two-part series on top concerns and growth strategies of community banks. To understand borrower risk, the bank must collect and properly analyze business and personal tax returns including K-1s and financial statements for all entities. • Improper global cash flow analysis. Blog Bank'

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Will Cannabis Banking Turn Over a New Leaf After COVID-19?

Abrigo

CRBs are real, essential businesses paying federal taxes, and many argue that they should be included in federal programs. During the recent Abrigo webinar, “ The Opportunity Cost of Avoiding Cannabis Banking During COVID-19 ,” just 14% of respondents answered that they are already banking CRBs in a poll. learn more. And they have.

Lending 195
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Formula for Business Lending Success: Minimize Delays

Abrigo

Many community bankers expect a recession will start by at least mid-2021, according to the most recent Community Bank Sentiment Index. I’m surprised at how inefficient and poorly automated things are,” said David O’Connell, Senior Analyst with research firm Aite Group , after reviewing the survey results. Lending & Credit Risk.

Lending 243
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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. By construction, significant sums of rent (per acre, megawatt, royalty, or per wind tower) will begin to develop and continue through operations and energy generation. Watch Webinar. Diversification through renewable energy.

Lending 195
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PPP Headaches: As Anti-Fraud Efforts Continue, Borrowers & Lenders Face Challenges

Abrigo

You might also like this webinar: "Detecting PPP Fraud: Optimizing Your AML Solution". 3 asked the Small Business Administration (SBA) to address quickly “significant operational, system and communication challenges,” including applications being erroneously denied due to validation checks in place this round. mail, Craig said.

Fraud 195
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Investing in America: 7 Strategies and 7 Tactics That Can Drive Business

South State Correspondent

By partnering with community leaders, state and federal agencies, local commissions, and commercial customers, banks can be an effective conduit to leverage this public capital better while making sure the funds are fully utilized effectively in the communities we serve.

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