Abrigo

JUNE 18, 2020

Key Takeaways The Paycheck Protection Program (PPP) has been a critical foothold for community financial institutions seeking to obtain and diversify business lending relationships. PPP opens the door for new business lending relationships.

Lending 195

Lending Strategy Resources Community 195

Abrigo

OCTOBER 16, 2023

You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions. Resources for financial crime training can be limited.

Training 195

Training Compliance Fraud Policies 195

Abrigo

DECEMBER 5, 2023

You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." Watch webinar Takeaway 1 BSA Officers are the frontline defenders against financial crimes in banking institutions, and hiring the proper skill set for each BSA position is critical.

Training 221

Training Compliance Regulation Software 221

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

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." Part of the reason for the lack of training may be the absence of any formal loan reviewer training resources, so why don’t we start thinking about what a loan review curriculum might look like?

Training 195

Training Lending Risk Management Guidelines 195

Abrigo

FEBRUARY 14, 2023

Takeaway 2 The rule is aimed at tracking small business credits to enforce fair lending laws and ID and support women- and minority-owned small businesses. The regulation, expected to be finalized in weeks, outranked BSA/AML rules, beneficial ownership requirements, and current expected credit loss (CECL) obligations.

Data 195

Data Lending Compliance Resources 195

Abrigo

JUNE 12, 2020

Key Takeaways The soon-to-begin Main Street Lending Program (MSLP) aims to fulfill a need for mid-sized businesses to access relief funds amid the coronavirus pandemic. Get accurate, up-to-date information and resources on the CARES Act and Paycheck Protection Program. BSA Rules and Regulation. BSA Rules and Regulation.

Maine 195

Maine Lending Regulation Resources 195

Abrigo

MAY 15, 2020

Customer due diligence (CDD) steps that should be taken by the lending institution includes: If the loan is being made to an existing customer and the Customer Identification Program (CIP) information was previously verified, there is no need to re-verify the information. Lending & Credit Risk. Member Business Lending.

Lending 195

Lending Rhode Island Fraud Los Angeles 195

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. You might also like this on-demand webinar, "Identifying emerging CRE risks." help financial institutions adapt quickly to trends.

Report 195

Report Lending Trends Data 195

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Risk Management Software System 195

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members. Talk to a specialist to learn more.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members. Talk to a specialist to learn more.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

OCTOBER 28, 2022

Takeaway 1 Signs point to increased loan modifications and loan workouts, and regulators have urged financial institutions to work prudently with borrowers. . Watch webinar. Meanwhile, regulators are focusing fresh attention on prudent credit risk management of loans, especially CRE, and loan modifications in general.

Management 195

Management Risk Management Policies Lending 195

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . The change reflects regulators’ expectations that financial institutions will develop loan review or credit review systems tailored to their specific risks and circumstances.

System 195

System Lending Policies Regulation 195

Abrigo

JANUARY 8, 2016

The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank. For more help dealing with regulatory challenges, visit Sageworks’ resources section.

Regulation 150

Regulation FDIC Survey Community Bank 150

Abrigo

NOVEMBER 15, 2019

Key Takeaways Effective credit risk review promotes lending agility. Regulators consider an effective loan review system vital for financial institutions’ efforts to meet safety and soundness standards. Regulators consider an effective loan review system vital for financial institutions’ efforts to meet safety and soundness standards.

System 150

System Lending Compliance Risk Management 150

Abrigo

SEPTEMBER 11, 2023

You might also like this webinar, "Banking as a service: Objectives, opportunities, and obstacles." Strategies for adopting AI at your financial institution Abrigo CTO Ravi Nemalikanti offers insights on how banks and credit unions can begin to utilize generative AI.

Risk Management 195

Risk Management Data Technology Fintech 195

Abrigo

MAY 30, 2023

Final rule Effective dates & compliance dates for rule 1071 As they do with any new requirement, financial institutions want to know when the CFPB 1071 rule is effective and when they must begin collecting and reporting data on their small business lending activities. Which lenders are counted as “covered financial institutions”?

Compliance 195

Compliance Lending Data Regulation 195

Abrigo

APRIL 21, 2020

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending.

Lending 195

Lending Capital Minnesota FDIC 195

CFPB Monitor

JULY 22, 2016

As we have reported , the Consumer Financial Protection Bureau (CFPB) released a final rule amending Regulation C, which implements the Home Mortgage Disclosure Act (HMDA), requiring “Covered Institutions” to report certain information about mortgage applications and loans in efforts to create transparency in the mortgage lending process.

Resources 60

Resources Data Lending Regulation 60

CFPB Monitor

SEPTEMBER 8, 2021

(Register for Ballard Spahr’s webinar at the link below). We will hold a webinar to share our thoughts on the consent order and other recent ISA developments on Tuesday, September 21 at 3:00 PM Eastern. Please click here to register.

Resources 78

Resources Lending Regulation National 78

Abrigo

FEBRUARY 23, 2023

You might also like this on-demand webinar: "Problem loans: Identifying warning signs and management options" WATCH Takeaway 1 Executive leaders of small community financial institutions face complex issues, including declining deposits. Check out our 1071 compliance resources. People have other options,” Kirby said.

Community Bank 195

Community Bank Kansas City Community Lending 195

Abrigo

NOVEMBER 1, 2021

Takeaway 3 Cyberattacks are also on the rise, lending even more importance to communication and collaboration among the BSA, fraud, and IT functions. Watch this webinar for resources and info on pros/cons. Watch Webinar. food supply, energy resources, and other high-profile breaches. BSA Rules and Regulation.

Fraud 195

Fraud Video Training Compliance 195

Abrigo

NOVEMBER 21, 2019

If you already have certifications and need to obtain continuing education credits , I would focus on the following topics: cannabis-related businesses , cybersecurity and lending and underwriting. Financial institutions will need to continue to devote resources to protect themselves and their customers. Change it up. Cannabis Banking.

Compliance 195

Compliance Training Fraud US 195

Abrigo

NOVEMBER 9, 2022

In addition, as FASB officials have noted, internal and external resources become more stretched and valuable the closer the deadline. Technology can ease pressure on staffing and internal resources, a category identified by 42% of respondents as one of their biggest challenges so far. CECL Regulation. keep me informed.

Survey 195

Survey Software Resources Meeting 195

Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. Here are the top resources. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

Resources 221

Resources Lending Risk Management Policies 221

Abrigo

DECEMBER 16, 2019

Regulators, investors, and other stakeholders will be watching and listening for updates on the impacts of the accounting change. During the webinar, Felicity Ours, CPA, CRC, of Summit Financial Group (NASDAQ: SMMF), a $2.2 said financial institutions must devote the appropriate resources to the CECL process. “We

West Virginia 195

West Virginia Virginia Data Community 195

Abrigo

JULY 6, 2017

It’s been more than six months since the National Credit Union Administration (NCUA) issued its revised member business lending (MBL) rule in January 2017. The NCUA recently updated the Examiner’s Guide to include what it described as a clear framework for supervisory expectations for managing a commercial lending program.

Risk Management 170

Risk Management Lending Policies Management 170

Abrigo

JUNE 28, 2023

It also provides justification for more resources when needed. Use the opportunity wisely by planning ahead, utilizing resources, and building relationships with the board every chance you get. Include metrics around the number of alerts/cases/SARs generated, worked, and filed or closed. Top of the funnel CTA.

Compliance 195

Compliance Fraud Report Trends 195

Abrigo

APRIL 14, 2020

For more information on the CARES Act and the Paycheck Protection Program, visit our resource page. Stay up-to-date with all of the changes and concerns around coronavirus and your institution on our coronavirus resource page. . Stay up-to-date on the latest news surrounding the coronavirus. learn more. Artificial Intelligence.

Policies 195

Policies Software Resources Compliance 195

Abrigo

DECEMBER 27, 2022

You might also like this resource: "BSA/AML Risk Assessment Checklist." Risks will differ among institutions based on size, location, and client base, but each institution must be able to justify implemented controls to their banking regulators. Watch the webinar. Lending & Credit Risk. DOWNLOAD . Keep me informed.

Fraud 195

Fraud Trends cryptocurrency Software 195

Abrigo

NOVEMBER 25, 2019

Cooley, who recently led two Abrigo webinars, “ Best Practices for Credit Analysts at Banks ” and “ Credit Union Best Practices for Credit Analysts ,” recommends asking your credit analysts a series of questions that can help get to the bottom of issues that might be stalling some loans or reducing efficiency. BSA Rules and Regulation.

Analysis 195

Analysis Training Management Industry 195

CFPB Monitor

DECEMBER 4, 2015

The CFPB released the Home Mortgage Disclosure (Regulation C) Small Entity Compliance Guide on December 1, 2015. We will be further discussing the implications of the final HMDA Rule for mortgage lenders during our webinar on January 7, 2015. Registration for the webinar is available at this link. Wendy Tran and Richard J.

Compliance 60

Compliance Resources Regulation Data 60

Abrigo

APRIL 30, 2020

Key Takeaways Federal and state banking regulators have eased coronavirus workout pressures. There has been an influx of calls from consumers who can no longer pay their loans, and this will quickly follow suit on the commercial lending side. Lenders should develop a comprehensive workout strategy. Artificial Intelligence.

Strategy 195

Strategy Meeting Software National 195

Abrigo

DECEMBER 28, 2023

Here are the top resources. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Indeed, regulators and management alike focused on these risks more and more in 2023 following the failure of Silicon Valley Bank and repeated rate hikes.

Resources 221

Resources Risk Management eBook Strategy 221

Abrigo

DECEMBER 30, 2019

In a recent Abrigo webinar presentation by John Geiringer, partner at the law firm Barrack Ferrazzano , John recapped exam findings and consent orders from 2019. Their commitment should be visible within the organization, and if it is not, regulators will take notice. Ensure There Are Adequate Resources. Learn More.

Training 195

Training Compliance Leadership Fraud 195

Independent Banker

JULY 29, 2016

It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. Another important dimension of certification programs is the continuing education resources available to community bankers from Community Banker University. Education Resources.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70