PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. 15, 2008 fall of Lehman, which filed for bankruptcy that day. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits.

Lending 148

Lending Innovation Fintech Cards 148

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

Community Bank 164

Community Bank Community Texas Leadership 164

Abrigo

NOVEMBER 8, 2019

Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. However, the lack of prescriptive guidance on how to effectively stress the loan portfolio has created challenges for some community financial institutions. Learn More.

Lending 150

Lending Risk Management Analysis Capital 150

PYMNTS

JANUARY 29, 2018

The global financial crisis in 2008 was, in many ways, a catalyst to this innovation, especially in the area of small business (SMB) finance, as banks pulled their services away from SMBs and FinTechs stepped in to offer another option. author of the report and Florida Atlantic University’s Kaye Family Endowed Professor in Finance.

Lending 116

Lending Florida Report Community Bank 116

Independent Banker

JUNE 30, 2022

Working through any difficulty or crisis at your community bank won’t be a walk in the park, but it may lead to an experience for which you’re truly grateful. As a community banker, you’re either going through a crisis or you’re preparing for one. Is there education or training at ICBA Community Banker University that can help?

Community Bank 171

Community Bank Community Lending Management 171

PYMNTS

OCTOBER 1, 2019

India-based financial services provider Reliance Capital has announced it will exit the lending market. 30), Reuters reported , noting that the company is struggling to overcome “collateral damage” resulting from a slowing national economic and a broader “crisis,” the publication said, in India’s lending sector.

Capital 109

Capital Lending Regulation Operations 109

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure. This article explores the risk and what to do about it.

Community Bank 195

Community Bank Community Los Angeles Regional 195

Abrigo

FEBRUARY 14, 2024

Find commercial real estate risks in the loan portfolio Sound risk management practices in commercial real estate lending help lenders manage CRE credit losses and protect the portfolio's profitability. For example, during the 2008 Subprime Mortgage Crisis, commercial real estate prices fell drastically by 30 percent year over year.

Risk Management 195

Risk Management Management Lending Capital 195

South State Correspondent

AUGUST 15, 2023

This article provides an update on pricing trends driven by our Loan Command aggregated community bank data and highlights some working pricing ideas. Regarding loan growth, lending continues to be at the slowest pace since 2008. Total industry loans grew 5.1% for the year compared to last year.

Trends 195

Trends Community Bank Community Lending 195

PYMNTS

SEPTEMBER 14, 2017

In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. Some of the more prominent names in the marketplaces lending space include OnDeck, Kabbage and Orion First. New tools for new FinTechs.

Innovation 191

Innovation Lending Fintech Bitcoin 191

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 2 Far fewer financial institutions regularly participate in SBA (7a) lending than the more than 5,000 that joined the PPP. . Why SBA Lending? Want other articles like this on SBA loan origination in your inbox?

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

DECEMBER 19, 2019

In 2020, we will likely see financial institutions putting more emphasis on automating time-consuming, manual processes that bog down lending decisions. By automating these mundane, laborious tasks, lenders and credit analysts are then able to focus their time on the borrower or member and make faster, more efficient lending decisions.

Lending 195

Lending Fraud Community FDIC 195

South State Correspondent

MARCH 13, 2023

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Notably, most community banks’ duration risk is in the loan portfolio.

Risk Management 221

Risk Management Management Community Bank Community 221

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Ag lending in the South: Relationships matter.

Community Bank 172

Community Bank Community National Philadelphia 172

Abrigo

JUNE 19, 2020

The 2008 financial crisis exposed significant weaknesses of relying on incurred losses. CRE Lending. Lending & Credit Risk. SBA Lending. How the Pandemic and PPP Have ‘Turbo-charged’ New Business Lending Strategies. CRE Lending. Lending & Credit Risk. CRE Lending. C&I Loans.

Lending 195

Lending Data Training Analysis 195

PYMNTS

JUNE 18, 2018

Biz2Credit’s latest Small Business Lending Index found that loan approval rates at alternative lenders stagnated – and at credit unions, they actually fell. SMBs since the 2008 financial recession. percent, while community banks ‘ portfolios grew 14.7 But the story doesn’t end there. percent a month prior.

Lending 112

Lending Community Bank Regional Community 112

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.

Community Bank 70

Community Bank Community Apple National 70

Abrigo

MARCH 6, 2015

While federal regulators only require this small number of banks to be subject to these particular stress tests, as outlined in the Dodd-Frank Act following the economic crisis of 2008, stress testing is becoming a critical part of financial institutions’ risk management strategies, regardless of their asset sizes.

Risk Management 150

Risk Management Capital Community Bank Regulation 150

Abrigo

MARCH 13, 2023

Historic collapse SVB is different from other financial institutions The FDIC closure and assumption of Silicon Valley Bank (SVB) – the largest bank failure since 2008 – is a stark reminder that when a crisis occurs, it can spread as fast as a wildfire in dry fields with a strong wind. Do you get that from your deposit analysis ?

Strategy 195

Strategy Lending Security Analysis 195

TheGuardian

JANUARY 15, 2023

As originally showcased in a 2012 Channel 4 series, it is the true story of how self-made Burnley businessman Dave Fishwick took on London’s elite banking institutions to get a licence to open his own bank serving the local community.

Lending 98

Lending Community Regulation Operations 98

Abrigo

AUGUST 5, 2020

Key Takeaways This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. Learn More. Portfolio Risk & CECL.

Management 195

Management Risk Management Trends Industry 195

PYMNTS

APRIL 19, 2017

When the Small Business Borrowers’ Bill of Rights was developed in 2015, it appeared as if alternative SME lenders were collectively taking a stance against predatory lending practices in an effort to protect small businesses. “Bank lending has still not recovered from 2008. Loan sizes have gone up.”.

Lending 116

Lending Resources Community Capital 116

Abrigo

DECEMBER 22, 2023

keep me informed watch SVB: Early lessons for all financial institutions from Silicon Valley Bank’s failure The FDIC closure and assumption of Silicon Valley Bank (SVB) – the largest bank failure since 2008 – is a stark reminder that when a crisis occurs, it can spread as fast as a wildfire in dry fields with a strong wind.

Risk Management 221

Risk Management Regulation Management Lending 221

PYMNTS

AUGUST 25, 2016

Though small businesses have suffered from a gap in financing availability post-2008, the demographic continues to shape the financial markets. One of these lenders, Clearinghouse Community Development Financial Institution , better known as Clearinghouse CDFI, offers an interesting view into the state of SME finance. A Regional Reach.

Regulation 100

Regulation Lending Community California 100

Jeff For Banks

APRIL 30, 2022

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. By the time the FF hit zero at the end of 2008, CRE was the last product standing. Bank Senior Lender: Not when you consider the whole relationship. But we have work to do.

Lending 78

Lending Massachusetts Taxes Community Bank 78

PYMNTS

JUNE 26, 2018

CPAs [(certified public accountants)] play a key role in the small business community as trusted business advisors,” said AICPA Vice President of Small Firm Interests Carl Peterson in a statement. The SBA and AICPA have been working together since 2008, the entities noted.

Groups 101

Groups National Compliance Lending 101

Abrigo

MARCH 20, 2015

For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. California is also a healthy state for banking – with 15 of 20 banks on the Western list in the Golden State.

Texas 150

Texas Regional California Community Bank 150

PYMNTS

APRIL 24, 2017

The Dodd-Frank Wall Street and Consumer Protection Act was supposed to prevent another 2008 banking meltdown — and solve the problem of “too big to fail.” Louis Fed estimated that community banks pay an estimated $4.5 Since the passage of Dodd-Frank, over 1,700 U.S. banks have disappeared. billion annually in compliance costs.

St. Louis 105

St. Louis Regulation Compliance Community Bank 105

American Banker

APRIL 22, 2020

The program, created in response to the 2008 financial crisis, generated $19 billion in small-business loans. It could be used as a viable path out of the coronavirus pandemic.

Lending 62

Lending Community Bank Community 62

PYMNTS

OCTOBER 9, 2018

The alternative finance boom post-2008 financial crisis undoubtedly provided more options for small business (SMB) borrowers, but that doesn’t mean the industry is guaranteed to become a staple among entrepreneurs seeking financing.

National 167

National Regulation Capital Industry 167

American Banker

SEPTEMBER 12, 2016

While troubling factors such as higher risk profiles may be behind the recent lending boom, the industry could also just be returning to the historical average for loan growth following the "Great Panic" of 2008-2010.

Lending 28

Lending Industry Community Bank Community 28

PYMNTS

APRIL 2, 2020

There are a lot of retailers that are now looking to their local community to effectively prepay through gift cards to sustain themselves in the short term,” he said. They have strong balance sheets and the ability to lean in and lend, which is very important.”.

Cards 130

Cards Payments cryptocurrency Lending 130

Abrigo

APRIL 7, 2022

At recent Abrigo CECL Kickstart webinars, consultants demonstrated CECL implementation practices with an emphasis on the needs of community banks and credit unions. What if our lending footprint is very small and not affected by macroeconomic factors such as unemployment? Reasonable, defensible, data-based CECL models.

Policies 195

Policies Data Examples Lending 195

PYMNTS

APRIL 28, 2016

But researchers found troubling patterns in the ways SMEs access the capital they need, and it goes beyond issues of complicated lending processes or distrust of a bank. And the statistics, Wesleyan said, suggest that small businesses have gotten used to a lack of traditional bank funding following the 2008 financial crisis.

Survey 100

Survey Lending Capital Report 100

CFPB Monitor

MARCH 30, 2020

Section 4011 – Temporary Lending Limit Waiver. Section 4012 – Temporary Relief For Community Banks. Pursuant to the EGRRCPA, Bank regulators had announced the Community Bank Leverage Ratio at 9% of Total Assets. This section provides that Section 131 of the Emergency Economic Stabilization Act of 2008 (12 U.S.C.

Regulation 122

Regulation United States Community Bank National 122

PYMNTS

JULY 10, 2018

Today, Australian FIs are facing increased pressure from regulators, especially when it comes to small business banking and lending. In May, the nation’s Big Four lenders offered testimony as part of a Royal Commission inquiry into small business banking, and all four admitted to wrongdoings related to their SMB lending practices.

Fintech 106

Fintech Regulation Innovation Data 106

PYMNTS

MAY 5, 2017

Although there were early inklings of the technology dating back to 1991, it wasn’t until 2008 when Satoshi Nakamoto implemented it as the base component of bitcoin currency that it really took off. IBM and Sovrin have contributed the Hyperledger software and infrastructure to the open source community.

blockchain 110

blockchain Bitcoin Regulation Industry 110