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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

In Abrigo’s 2020 Business Lending Readiness Survey , conducted in late Q4 2019, community financial institutions revealed numerous ineffective, poorly automated areas within their banks or credit unions, including manual data entry, re-keying customer information numerous times, and using Excel spreadsheets to manage the borrower pipeline.

Lending 259
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Budget Surplus? 5 Ways to Invest in Your Financial Institution with This Year’s Excess Budget

Abrigo

Using information from the core deposit study, bank or credit union management better understands depositor behavior and has critical information to develop pricing strategies and manage funding costs. You can also incorporate the results into the asset/liability management model and develop stress testing scenarios down the road.

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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

In Abrigo’s 2020 Business Lending Readiness Survey , conducted in late Q4 2019, community financial institutions revealed numerous ineffective, poorly automated areas within their banks or credit unions, including manual data entry, re-keying customer information numerous times, and using Excel spreadsheets to manage the borrower pipeline.

Lending 195
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CFPB announces new appointments to advisory groups

CFPB Monitor

Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Paulina Gonzalez, Executive Director, California Reinvestment Coalition, San Francisco, CA. Paulina Gonzalez, Executive Director, California Reinvestment Coalition, San Francisco, CA. Jacksonville, FL. William Howle, Head of U.S.

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5 Reasons to Start CECL Implementation Now

Abrigo

Community financial institutions required to complete the current expected credit loss (CECL) standard implementation by 2023 are undoubtedly busy managing record-low net interest margins, pandemic-related uncertainties, and operational issues, as well as their own strategic initiatives. Portfolio Risk & CECL. Learn More.

Resources 195