Abrigo

MARCH 17, 2022

The Stress Test Scenarios for Big Banks Are Useful for Smaller Institutions' Own Tests Banking regulators recently released the 2022 scenarios for upcoming stress tests by the biggest banks. The 2022 stress test scenarios provide a blueprint for community banks and credit unions to get started on their own stress tests.

Capital 195

Capital Regulation Risk Management Community 195

Abrigo

JULY 25, 2022

Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. The outlook for ag lending has its share of uncertainty. Inflation, rates are factors in ag lending outlook. Farmers expect worse in 2023. Rising inputs.

Lending 195

Lending Kansas City Kansas Resources 195

Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022.

Lending 158

Lending Community St. Louis Community Bank 158

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Takeaway 2 Loan decisioning allows institutions to efficiently allocate credit analysts’ time for profitable small business lending.

Lending 195

Lending Community Bank Community Analysis 195

Independent Banker

JANUARY 31, 2023

Inspired by the entrepreneurship of lemonade stands, Scottsdale Community Bank created a microloan program. Photo by Brandon Sullivan De novo Scottsdale Community Bank set out to provide microloans to small and mid-size businesses, family organizations and nonprofits—a project that was inspired by the humble lemonade stand.

Community Bank 172

Community Bank Community Phoenix Arizona 172

CFPB Monitor

JUNE 9, 2022

Proponents of the Payday Loan Interest Rate Cap ballot initiative in Michigan met the June 1, 2022 deadline to appear on the November 2022 ballot in the state. Michiganders for Fair Lending – the initiative’s sponsor – collected over 570,000 signatures of which it submitted (after a quality control process) 405,265.

Michigan 78

Michigan Lending District of Columbia Community 78

Abrigo

FEBRUARY 25, 2022

Personalized Touch with Efficient Service Can Boost Lending Banks and credit unions can boost business lending by combining a relationship focus with transaction-oriented processing. . This competition can only increase as the lending landscape continues to shift. Streamlined, Quick. Win more business loans you want.

Lending 195

Lending St. Louis Community Survey 195

Abrigo

FEBRUARY 12, 2021

Preparing for 2023 While community banks have until 2023 until they must comply with CECL, there is likely less time than expected. . Takeaway 3 In 2022, consistency is key. While community banks have until 2023 until they must comply with CECL, there is likely less time than expected. 2023 CECL Deadline? Start CECL prep early.

Community Bank 195

Community Bank Community Data Analysis 195

Independent Banker

FEBRUARY 28, 2023

wanted to be a financier before finding his way to community banking. Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. That love of community has defined his career.

Community 172

Community Community Bank Georgia San Antonio 172

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

Independent Banker

JUNE 30, 2022

But there are ways community banks can help mortgage-seekers get on the property ladder. year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR). Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich.

Community Bank 143

Community Bank Community Millennials Resources 143

Independent Banker

JUNE 30, 2022

As we kick off this year’s lending issue, I want to pause for a moment to reflect on just how much lending has changed. But community banks have adapted to address that shift. So, while this next round of uncertainty will bring with it new challenges, the strength of the community bank business model remains intact.

Lending 141

Lending Idaho Nevada Oregon 141

ABA Community Banking

NOVEMBER 29, 2022

More than half of community bankers in a recent survey cited small business loans as a high priority in 2022, with most small business owners saying in the same poll that they plan to borrow an average of $2 million over the next two years.

Community Bank 111

Community Bank Survey Community Lending 111

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. Clearly, community banks in the region have plenty of opportunities to do what they do best: forge deep and lasting relationships with their customers and communities. These include family-owned businesses, community businesses and operating companies.

Texas 182

Texas San Antonio Community Bank Community 182

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

Community Bank 159

Community Bank Community Fintech Risk Management 159

ABA Community Banking

MAY 16, 2022

The Community Development Financial Institutions Fund today opened its funding round for fiscal year 2022 funding for its small-dollar loan program. The post CDFI Fund Now Accepting Applications for Small-Dollar Lending Program Funds appeared first on ABA Banking Journal.

Lending 90

Lending Community Community Bank 90

Independent Banker

JANUARY 31, 2022

These community banks are working to fix that through microlending programs. Now, some community banks are launching microlending programs to redress the balance. That realization sparked the idea at Summit Bank to create a microloan program that would target underserved groups in its communities. By Beth Mattson-Teig.

Lending 150

Lending Community Community Bank Compliance 150

Perficient

NOVEMBER 1, 2024

In November 2022, the Treasury Department explored opportunities and risks related to the use of AI in its report assessing the impact of new entrant non-bank firms on competition in consumer finance markets, for which the department conducted extensive outreach.

Regulation 221

Regulation US Community National 221

Bobsguide

APRIL 21, 2022

Finastra appoints Isabel Fernandez to accelerate lending business growth. Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities.

Lending 109

Lending Leadership Community Software 109

Independent Banker

FEBRUARY 28, 2022

As we look into 2022, expert opinions on the direction of interest rates are mixed. Les Parker, Managing Director for Transformational Mortgage Solutions for example, predicts that interest rates could fall temporarily below 1 percent in 2022 as continued COVID outbreaks spark economic uncertainty. How to turn insight into action.

Leadership 91

Leadership Strategy Lending Community Bank 91

South State Correspondent

JANUARY 20, 2023

2022 will go down as one of the worst years for community bank loan mispricing when viewed on a spread basis. ROE Targets Moved up in 2023 As was the theme for most of 2022, the target risk-adjusted return on equity increased from 15% at the start of 2022 to 24% at the beginning of 2023. Multifamily is the other call-out.

Lending 195

Lending Community Bank Community Data 195

South State Correspondent

JUNE 8, 2022

For decades community banks have structured fixed-rate loans with adjustable features – the most popular structure is a ten-year fixed-rate loan with a five-year reprice. With short-term interest rates expected to rise through 2022, many community banks are reconsidering their ALCO strategies.

Community Bank 195

Community Bank Community National Strategy 195

CFPB Monitor

JUNE 22, 2022

banking regulators (the “2022 Joint Notice” or the “Proposal”). 1) Assessment Areas and Areas for Eligible Community Development Activity. Banks would also receive CRA credit for any qualified community development activity, regardless of location. Performance Tests and Standards.

Regulation 78

Regulation Community Lending Retail 78

BankInovation

SEPTEMBER 30, 2022

Teslar Software is preparing to launch a new indirect lending solution for community banks. based software-as-a-solution (SaaS) platform showcased its new product, which automates and digitizes the underwriting process, during the recent FinovateFall 2022 in New York City. The Springdale, Ark.-based

Lending 52

Lending New York City New York Community Bank 52

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Community Kansas City Lending 195

Gonzobanker

FEBRUARY 8, 2023

billion in Q4 2022, down 79% from Q4 2021. The total number of deals funded dropped from 423 in Q4 2021 to 342 in Q4 2022, representing a 73% decline in the average funding amount per raise from $43 million down to $11.4 Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists.

Community Bank 97

Community Bank Community Fintech Leadership 97

Jeff For Banks

DECEMBER 16, 2022

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 9, 2022 was -1.21%. The bank consists of two segments: 1) the traditional community bank, and 2) CCBX, which is its Banking as a Service (BaaS) division started in 2018. Silvergate Capital Corporation (NYSE: SI) #2. Nasdaq: TBK) #4.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

South State Correspondent

JULY 10, 2023

Next week’s article will consider the challenges and possible solutions for community banks to adopt loan hedging programs. The largest 20 banks in the country by asset size and their interest rate notional swap position at the end of 2022 are shown below. Of the largest 250 banks, 90% use interest rate hedges. On average, 80.4%

Community Bank 195

Community Bank Community Tools Management 195

Abrigo

DECEMBER 2, 2021

Takeaway 1 Some financial institutions have a budget surplus this time of year, and these funds can be spent now to help growth in 2022. Takeaway 3 Signing up for 2022 conferences is another smart use of surplus budget funds, because some events are offering early-bird discounts. Streamline and systematize loan review for 2022.

Conference 195

Conference San Antonio Lending Fraud 195

South State Correspondent

OCTOBER 23, 2022

This rapid change in interest rates requires careful planning, product selection, and new lending and deposit-gathering strategies. The FOMC members revised their end-of-2022 Fed Funds target rate by 3.75% over nine months. Mar 2022 – Sep 2022. Application to Community Banks. Mar 1988 – May 1989.

Community Bank 221

Community Bank Community Meeting Lending 221

CFPB Monitor

OCTOBER 25, 2022

Following up on a threat it made back in 2018 , the New York State Department of Financial Services (DFS) announced on October 6, 2022 that it entered into a consent order with Rhinebeck Bank (“Rhinebeck”) to settle discrimination claims involving discretionary dealer markups on retail installment contracts with minority borrowers.

New York 78

New York Lending Community Bank Community 78

Abrigo

MAY 30, 2023

Takeaway 2 Reporting tiers and their deadlines are based on the number of covered transactions to small businesses that a lender originated in 2022 and 2023. The CFPB small business lending regulations are being included as subpart B of Reg B and aim to support and enforce the fair lending requirements.

Compliance 195

Compliance Lending Data Regulation 195

South State Correspondent

JUNE 21, 2022

This regime is now changing, and community banks need to position their lending and deposit portfolios for a period of monetary tightening. The market expects a 75bps increase in July, two more 50bps increases, and another 25bps increase in December 2022. The Fed Hike and Current DOT Plot. Conclusion.

Community Bank 359

Community Bank Policies Community Marketing 359

South State Correspondent

MAY 3, 2023

As a side note, FRB’s long-term fixed-rate loans had a carrying value of $137Bn at the end of 2022 but a fair value of $118Bn, or a loss that more than wiped the bank’s $14Bn in capital. In fact, we had a conversation just last week with the head of a lending division at a large regional bank.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

As a side note, FRB’s long-term fixed-rate loans had a carrying value of $137B at the end of 2022 but a fair value of $118Bn, or a loss that more than wiped the bank’s $14B in capital. In fact, we had a conversation just last week with the head of a lending division at a large regional bank.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

As a side note, FRB’s long-term fixed-rate loans had a carrying value of $137B at the end of 2022 but a fair value of $118Bn, or a loss that more than wiped the bank’s $14B in capital. In fact, we had a conversation just last week with the head of a lending division at a large regional bank.

Lending 195

Lending Capital Management Tools 195

FICO

FEBRUARY 21, 2023

Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. Inflation is easing as funding rates have risen to 15-year highs, but the technology sector is beginning to lay off employees in masses – through 2022 low levels of unemployment kept the U.S.

Trends 52

Trends Industry US Cards 52