Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. Thirty percent said their institution does not have such a policy or guidance, and another 13% were unsure.

Risk Management 221

Risk Management Lending Policies Management 221

Abrigo

DECEMBER 14, 2023

You might also like this on-demand webinar, "Strategic plan: How to develop and monitor at your financial institution." Start with a survey and pre-planning meetings. Learn how to tap your data to generate management insights. Learn to identify emerging CRE credit risk red flags. These steps can help get you there.

Lending 221

Lending Risk Management Meeting Survey 221

Abrigo

DECEMBER 7, 2021

Takeaway 2 In an Abrigo survey, nearly 2 out of 3 FIs said at least some of the loan review process is performed in-house. How to organize the loan review function. In a recent Abrigo survey , nearly two out of three financial institutions surveyed said that their institution performed at least some of the loan review process in-house.

Risk Management 195

Risk Management Lending Survey Report 195

Abrigo

DECEMBER 1, 2021

How to make loan review more effective When it comes to loan review, there are three key areas to help ensure a more effective process. Takeaway 2 It's imperative that FI senior management demonstrate commitment to a robust loan review program. . Learn how to analyze and approve loans more quickly. Credit Risk Management.

Risk Management 195

Risk Management Lending Policies Management 195

PYMNTS

DECEMBER 5, 2018

The firm released its “Data Risk in the Third-Party Ecosystem” study last month, and found that 59 percent of more than 1,000 executives surveyed said they had experienced a data breach as a direct result of a cyberattack on a vendor or other third-party partner. But the cyber risk is new.”

Security 192

Security Fintech Risk Management Strategy 192

Abrigo

APRIL 21, 2023

How to identify credits for continuous monitoring Identifying loans for limited reviews typically incorporates information and resources outside of financial statements. A survey-based workflow works well for some institutions to help reviewers quickly determine whether the credit looks good or needs more work.

Lending 195

Lending Risk Management Software System 195

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. These findings are true among all generations surveyed. Lending & Credit Risk. Credit Risk Management.

Lending 259

Lending Community San Antonio Survey 259

Abrigo

AUGUST 26, 2016

In a recent online survey of more than 1,000 bankers using Sageworks’ solutions, bankers indicated that priorities are fairly diverse. Sageworks Senior Risk Management Consultant Rob Ashbaugh said many financial institutions are focusing on portfolio growth in order to offset the profit-pinching effects of low interest rates and thin margins.

Survey 150

Survey Risk Management Leadership Strategy 150

Abrigo

MAY 18, 2023

How to evaluate loan review processes based on their scope and depth A closer look at loan review can help your institution determine what steps to take to please regulators and streamline processes. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Training Guidelines Policies 195

Abrigo

JUNE 5, 2015

Sorrentino says, “As the backbone of the US economy, our nation’s growth depends on community banks figuring out how to operate in this ever-increasing regulatory environment. From a governing body’s standpoint, stress testing builds confidence in a bank’s overall risk management strategy. Click here to take the survey.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

Abrigo

NOVEMBER 19, 2015

Bank Director’s 2016 Bank M&A Survey , sponsored by Crowe Horwath, was recently released and offers insight on current M&A trends in the banking industry. The survey comprised 260 current and former directors, CEOs and other senior bank executives, with 76 percent having greater than $250 million in total assets.

Survey 150

Survey Risk Management Industry Compliance 150

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. These findings are true among all generations surveyed. Lending & Credit Risk. Credit Risk Management.

Lending 195

Lending Community San Antonio Survey 195

Abrigo

FEBRUARY 12, 2020

These expectations for CRE growth are reiterated in a soon-to-be released survey of just over 300 bankers by Abrigo. Nearly half of survey respondents (48%) said CRE would have the top focus for growth in their banks’ loan portfolios. Heading into 2020, banks seem to be continuing to respond to risk concerns.

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

JUNE 27, 2018

Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most common concern among surveyed corporate treasurers. Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms.

Strategy 134

Strategy Risk Management Management cryptocurrency 134

PYMNTS

MARCH 16, 2018

TMS providers have great platforms, and we have a great position in risk management as it relates to FX.”. FX management today has a more prominent role in the treasury department than in the past. Enabling small businesses to grasp FX risk mitigation and hedging can be a challenge, but analysts warn it cannot be ignored.

Risk Management 134

Risk Management Survey Management Fintech 134

Abrigo

DECEMBER 19, 2022

Couple this whitepaper with the on-demand webinar, “ Crypto in financial institutions – How to detect suspicious activity within your institution ,” and you’ll have a basic understanding of what AML programs need to do. This whitepaper explains the basics of crypto and blockchain technology. Free newsletter. Stay updated on AML, fraud trends.

Resources 195

Resources Training Fraud Compliance 195

PYMNTS

OCTOBER 18, 2017

“We’re starting to see momentum in the market as banks recognize the benefits that the cloud has to offer, and how those outweigh the perceived risk that comes with implementing new technology, especially around those of replacing aging payments systems,” explained Darryl Proctor, product director, Payments, at Temenos.

Risk Management 122

Risk Management Meeting Survey Payments 122

Abrigo

JULY 25, 2022

You might also like this webinar, "How to Position Yourself for High-Yielding Ag Loan Growth." producers responding to Purdue University’s latest survey for its Ag Economy Barometer expect their farms to be worse off financially a year from now -- the most negative response received to this question since the survey began in 2015.

Lending 195

Lending Kansas City Kansas Resources 195

Abrigo

NOVEMBER 11, 2019

Bankers since the financial crisis have become accustomed to seeing language like the following: “The FDIC is re-emphasizing the importance of prudent interest rate risk oversight and risk management processes to ensure FDIC-supervised institutions are prepared for a period of rising interest rates.” Lending & Credit Risk.

Management 150

Management FDIC Community Risk Management 150

PYMNTS

JULY 24, 2019

to prepare for Brexit by bolstering their cash flows, analyzing their current supply chains, and speaking with their banks about how to protect themselves post-EU exit, particularly amid growing concerns that U.K. KPMG recently advised small businesses in the U.K.

Policies 143

Policies Survey Capital Marketing 143

PYMNTS

AUGUST 13, 2019

importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. Last month, reports in the Financial Times made clear that businesses will increasingly be faced with decisions they must make about how to manage foreign exchange volatility. importer said. “We importer said.

Strategy 181

Strategy Risk Management Management Tools 181

Abrigo

AUGUST 10, 2015

In the same way, financial institutions conducting stress tests to satisfy prudential regulators’ queries on reserves and capital can generate additional benefits from this process, according to Elizabeth Williams, managing director of financial consulting firm CEIS Review Inc.

Risk Management 150

Risk Management Exercises Capital Regulation 150

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. How to choose the right FinTech partner. Increasing role of technology. If you’re looking for all of the above, BHG is the answer.

Community Bank 91

Community Bank Community Fintech Guidelines 91

Abrigo

AUGUST 11, 2020

Authorizing Officials (AOs) of PPP l enders who are currently in the CAFS/E-Tran system should have already received a welcome email from the SBA ( PPPForgivenessRequests@SBA.gov ) with instructions on how to access this new platform.? Lending & Credit Risk. Portfolio Risk & CECL. Credit Risk Management.

Lending 195

Lending Risk Management Training Analysis 195

Abrigo

AUGUST 1, 2017

In the recent CECL Webinar: Data Quality for Credit Unions , Sageworks Risk Management Consultant Danny Sharman discusses the three different types of methodologies for data collection. They can help determine which data to send and how to send it, which fields to include and how often to send.

Data 150

Data Resources System Risk Management 150

Abrigo

NOVEMBER 13, 2023

Streamline your annual review process Which loans need them, what processes to avoid, and how to save time working with borrowers' complex credit needs.

Analysis 195

Analysis Lending System Survey 195

South State Correspondent

JANUARY 4, 2023

The irony here is that more than half the banks we recently surveyed had some goal and metric around asset growth. While we will discuss how to raise deposit rates in the future, the New Year’s resolution should be to find other ways to raise deposits without resorting to rate increases. Why “Growth” is Not on The List.

Community Bank 195

Community Bank Capital Lending Training 195

Abrigo

AUGUST 3, 2017

Hosted several industry outreach meetings to help prospective institutions better understand how to apply for deposit insurance 5. Learn more about how Sageworks can help banks and credit unions grow profitably and mitigate risk.

Oklahoma City 150

Oklahoma City FDIC Handbook Oklahoma 150

Abrigo

AUGUST 11, 2020

Authorizing Officials (AOs) of PPP l enders who are currently in the CAFS/E-Tran system should have already received a welcome email from the SBA ( PPPForgivenessRequests@SBA.gov ) with instructions on how to access this new platform.? Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk.

Lending 195

Lending Risk Management Payments Survey 195

Abrigo

AUGUST 23, 2017

“When considering member business lending and the consumer portfolio where many credit unions focus, change management to prepare for CECL can be even more difficult with a credit union,” says Danny Sharman, risk management consultant at Sageworks during a recent CECL webinar – Data Quality for Credit Unions.

Data 150

Data Lending Meeting System 150

Abrigo

FEBRUARY 25, 2022

In 2022, look for better guidance on how to use software and how to use your institution’s data. Safe harbor laws If a bad actor is pushing money through your financial institution, you do not want the reputational risk of keeping the account open. Stay up to date with changing BSA/AML regulations. Thinking Ahead.

Regulation 195

Regulation Policies Compliance Washington 195

PYMNTS

APRIL 27, 2016

The conversation about exposure to FX risk continues to mount alongside the strengthening U.S. More than half of treasury departments surveyed by the firm, however, say that a lack of visibility into their corporations’ exposure to this risk, as well as unreliable FX forecasts, are their top challenges.

Analytics 100

Analytics Risk Management System Survey 100

Abrigo

DECEMBER 2, 2021

Two years ago, more bankers surveyed for that report named core deposit growth as their greatest challenge than any other issue. But this year, only 15% described core deposit growth as a “very important” risk. Learn how to satisfy regulators and yield more useful information in this whitepaper, "Effective Loan Review".

Conference 195

Conference San Antonio Lending Fraud 195

FICO

JUNE 15, 2023

FICO’s latest 2023 Global Scams Survey reported that 90% of all consumers worldwide have sent a real-time payment, 62% use real-time payments more than 5 times per month, and 52% plan to use them even more. The main reason behind this is nearly 80% of consumers like how easy real-time payments are to use. Is Sending Money Too Simple?

Fraud 52

Fraud South Carolina Survey Management 52

Gonzobanker

JUNE 26, 2020

Eighty-one percent of FI executives surveyed by Digital Banking Report believe there will be an even greater remote working opportunity in the future. Meanwhile, bank and credit union customers are learning, by necessity, how to access their accounts, sign critical documents and close on loans without going to a branch.

Survey 158

Survey Exercises Guidelines Operations 158

Gonzobanker

JULY 8, 2022

Many organizations lack the talent necessary to deploy, manage, and maintain the aforementioned technologies. In Cornerstone’s What’s Going On In Banking report , 67% of surveyed bank executives listed the ability to attract qualified talent as their top concern in 2022—up from just 19% last year. 2: Talent Shortage. and a shocking 1.3%

Resources 139

Resources Leadership Technology Management 139

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. How long is your to-do list? Several things were not much of a concern at all for bankers in the survey. By Katie Kuehner-Hebert.

Community Bank 144

Community Bank Community Lending Louisiana 144