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Member business lending: How to leverage MBL for credit union growth

Abrigo

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. Takeaway 3 The specific policy areas outlined below should be carefully considered by credit unions engaged in member business lending.

Lending 221
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Federal Reserve Board Launches “Consumer Compliance Supervision Bulletin”

CFPB Monitor

On July 26, 2018, the Federal Reserve Board (“ FRB “) announced the launch of the “Consumer Compliance Supervision Bulletin” (the “ Bulletin “) and simultaneously published its first issue. Mortgage Target Pricing.

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10 Reports every bank and credit union should run NOW

Abrigo

In addition, even before the recent banking troubles, regulators have emphasized the financial institution’s responsibility to provide leaders with information on key areas of planning, operations, and risk management. Regulators review them to assess safety and soundness.

Report 195
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Data-driven strategies for banks and credit unions: Start here

Abrigo

Before finalizing this goal, management should consider the following: Historical trends Current CRE concentrations Market analysis Loan pricing considerations Real estate industry performance and Peer comparisons. For example, your top goal for next year might be to expand your lending geographic footprint.

Strategy 195
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The importance of balancing loan portfolio growth and risk management

Abrigo

Community banks certainly want to remain conservative with risks and follow regulations. But shareholders also expect profitability and growth, while keeping costs, especially those related to regulatory compliance, down. The regulatory compliance aspect is critical, CEIS notes. First, independence and objectivity are critical.

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Alt-Lenders Vow Transparency After Prospa Backlash

PYMNTS

Reports in The Australian Financial Review on Friday (June 29) said that six alternative lending players have committed to sign a “code of lending practice,” a move that garnered praise from the nation’s small business ombudsman.

Lending 100
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OCC and FDIC issue joint proposal to revise CRA regulations; Ballard Spahr to hold Jan. 29 webinar

CFPB Monitor

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal. Our thoughts.

FDIC 78