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How to Choose a Hedge Provider as a Bank

South State Correspondent

We compared and contrasted the two strategies and sized the market for community banks. Lending Discipline: Hedging programs make loan pricing more transparent and force bankers to exercise sensible pricing methodologies. We also shared a table that summarized the two strategies.

How To 195
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The Risk Your Asset/Liability Management Process Might Be Missing

Abrigo

ALM | 4 minute read Key Takeaways Many financial institutions view asset/liability management as a "check-the-box" regulatory exercise. FDIC FIL-46-2013 October 8, 2013. However, back when the FDIC sent that 2013 letter mentioned above to financial institutions, the effective federal funds rate was 0.09%.

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In Rough Times, a Confident Board is the Best Asset

Gonzobanker

Increase both the frequency and specificity of board updates As board members scroll headlines and hear pundits daily, it’s critical that management provides flash industry updates outlining overall industry market moves and how these shifts do or do not correlate to the bank’s specific conditions.

Capital 158
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Another Maryland threat to bank partner model lending

CFPB Monitor

They also argue that the court should exercise supplemental jurisdiction over the claims against Atlanticus/Fortiva because they are bank service companies and part of the same case or controversy as the completely preempted claims against the Bank. million in penalties against CashCall.

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California court rejects OppFi’s attempt to block DFPI’s “true lender” challenge to loans made through bank partnership

CFPB Monitor

As alleged the Commissioner is not attempting to regulate the transfer of loans in the secondary market. Rather, the focus here is on the identity of the lender in the primary market. The FDIC’s view at that time was that state law controls when a loan is made by a state bank and the FDIC could not preempt state law on this issue.

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Food for Thought: A Policy on Credit Exceptions

Abrigo

As the FDIC said recently: Exceptions to policy should be few in number and properly justified, approved, and tracked. Get details in "A guide to implementing credit policy." Generally speaking (subject to Regulation B), business loans should be guaranteed by the principals of the borrower.

Policies 195
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Consumer Banking Predictions 2019: Four Trends to Watch

FICO

The annual exercise of staring into our crystal balls and making predictions for the coming year has begun. Siloed business units and technology stacks for credit risk, marketing, fraud and compliance work extraordinarily well for maintaining the status quo, but poorly when it comes to large-scale transformation.

Trends 73