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How To Do Better Against National Bank Lending Competition

South State Correspondent

Many existing community bank customers and prospects are also national bank customers. Community bankers must understand how and why the country’s largest banks compete for the most profitable local deposit and loan customers and be able to respond to that competitive threat.

National 195
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How to Practice Loan Pricing Discipline

South State Correspondent

Objectives of Loan Pricing We believe that all national banks and most banks over $10Bn in assets (regionals) are using some version of a risk-adjusted return on capital (RAROC) loan pricing model. The national and regional banks originate about 85% of all domestic loans, and community banks hold the remainder.

How To 195
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How to Manage Your Efficiency Ratio with Loan Size

South State Correspondent

The national banks have already indicated how they plan to reverse the efficiency ratio increase – through headcount reduction. The national banks have been clear and loud about how they intend to decrease their efficiency ratios – with headcount reductions.

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BSA and AML Day National 2020 Celebration

Abrigo

Honor BSA/AML Professionals on October 26th Professionals across the nation are encouraged to celebrate National Financial Crime Fighter Day. . How to Celebrate Find ways to honor and celebrate BSA/AML professionals. National Day Calendar Get more resources on this nationally recognized day. It's National Day!

National 195
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How to Set Your Strategic Planning Time Horizon

South State Correspondent

A three-year time horizon isn’t long enough if say you want to take your lending platform nationally such as specializing in lending on robotics. The process is everything, so figuring out how you are going to decide on strategy, customers, deposits, etc. You can’t develop lending expertise overnight. is step one.

How To 195
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Member business lending: How to leverage MBL for credit union growth

Abrigo

By navigating these challenges with a well-thought-out approach, credit unions can successfully contribute to individual and national economic growth. How robust is your compliance program?

Lending 221
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Smishing: Text messaging fraud and how to avoid it

Abrigo

Preventing SMS phishing, or "smishing: A financial institution's guide to smishing scams, why they work, and how to avoid them. According to the Credit Union National Association , the most common example is when someone impersonates an employee's boss, asking the employee to buy gift cards and forward the numbers and codes via text.

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