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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

September 11, 2001 will stay with Americans forever. T he events that unfolded in that bright blue sky on September 11, 2001 will stay with Americans forever. The importantance of the BSA tole came to be paramount to the entrie risk management program and included as part of the federal safety and soundness examinations.

Training 195
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Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

Indeed, measuring C&I balances from the low to the high of an expansionary period shows commercial lending grew by the following amounts during recent upcycles: 1993-2001: 87.5% Credit risk : In C&I lending, at least part of the collateral is intangible. 2004-2008: 82.6% 2010-2023: 137.3% trillion, Pruis said.

Lending 195
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Key components of credit risk rating systems

Abrigo

In 2001, the OCC published the Comptroller’s Handbook on Rating Credit Risk , which highlighted the expectations of credit risk rating systems: 1. The system should be integrated into the bank’s overall portfolio risk management. The board of directors should approve the credit risk rating system.

System 150
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Solve This Problem with Your Strategic Horizon

South State Correspondent

Risk management also needs to change. Finding your bank tied to a rural area that is decreasing in size and profitable demographics is your bigger risk. Not wanting to further dilute earnings, management sold its digital imaging group to MIT in 1993. By 2001, Polaroid was out of business.

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Signaling Caution

Independent Banker

Obviously these local lenders took notice when the Federal Reserve, the FDIC and the Office of the Comptroller of the Currency recently issued a joint statement pointing out increased risks in CRE lending. CRE loans totaled 869 percent of Oak Valley’s capital in 2001, resulting in a special examination by regulators.

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Both spread inversions precede recession by 13 months (as in 2000 for the 2001 recession) to 26 months (as in 2006 for the 2008-2009 recession). We just beat out the March, 1991 to March, 2001 record of 120 months, making this the longest expansion since 1854. from 1991 to 2001. Thanks to a CNBC article for these statistics).

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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

We have one year to go to match the longest expansion since World War II, which was the prosperous period engineered by Maestro Greenspan from March, 1991 to March, 2001. Economy and Momentum At the end of June, 2018, the current economic expansion turned nine years old. And does the following sound familiar? Thanks for reading!