Remove Lending Remove Management Remove Ohio Remove Security
article thumbnail

CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Critical capital Should CRE lending be off the table? You might also like this webinar on credit department housekeeping. CRE loans make up 28.7% at big banks.

article thumbnail

Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

Lending 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How the PPP + Technology Means MBL Growth and More for Credit Unions

Abrigo

Secure online portals allowed PPP loan applicants to upload required documents, and many credit unions finalized borrower applications with electronic signatures. In fact, it was Ohio’s top SBA lender among credit unions. But historically, SBA lending and member business lending isn’t a major focus among credit unions.

article thumbnail

SAFE Banking Act returns to Congress: Is safe harbor for cannabis banking on the horizon?

Abrigo

Bipartisan support The SAFE Banking Act's long road to the Senate Many in the AML/CFT community have been watching the unfolding of the Secure and Fair Enforcement (SAFE) Banking Act for some time now with no significant progress. Sherrod Brown, D-Ohio, in the same hearing.

Lending 195
article thumbnail

Does KBA Have A Place In Online SMB Credit Checks?

PYMNTS

That does not mean older verification methods are obsolete, however: Many companies still rely on knowledge-based authentication (KBA) methods like passwords or security questions, even in areas like business lending — where stringent verification is crucial. Another form of identity security is biometrics.

Online 144
article thumbnail

Activist Investor's Unusual Demand: Lend More, Don't Sell

American Banker

Lance Osborne is vying for two board seats at First Niles Financial in Ohio, but he isn’t pushing the thrift to sell itself. Rather, he wants management to pull money out of securities to make more loans.

Ohio 28
article thumbnail

Activist Makes Unusual Demand of Bank: Lend More and Don’t Sell

American Banker

Lance Osborne is vying for two board seats at First Niles Financial in Ohio, but he isn’t pushing the thrift to sell itself. Rather, he wants management to pull money out of securities to make more loans.

Ohio 28