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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

according to FFIEC and FDIC data. One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management.

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New CECL Excel SCALE Tool from Federal Reserve

Abrigo

Our dedicated risk management experts are ready to help you transition to CECL with confidence. It’s up to management to make adjustments up or down.” . They also said it doesn’t ensure compliance with U.S. Portfolio Risk & CECL. Portfolio Risk & CECL. Portfolio Risk & CECL. Learn more.

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