Abrigo

AUGUST 30, 2024

Takeaway 3 Banks should respond to the reform efforts to ensure contingent liquidity options will remain. Wake of 2023 bank failures Federal Housing Finance Agency review prompts reform The Federal Home Loan Bank (FHLB) system faces potential changes in its structure, operations, and mission that could affect financial institutions.

San Francisco 195

San Francisco Risk Management New York Capital 195

Abrigo

AUGUST 13, 2024

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Bank Slate Convos 6. Main Street Banking: A Podcast for Community Bankers 8. You're not alone.

Fraud 221

Fraud Community Community Bank Lending 221

Abrigo

OCTOBER 22, 2024

Federal Trade Commission (FTC) reported consumers lost more than $10 billion to fraud alone in 2023. Think about it: when a fraudster targets a small business owner or when an individual’s life savings are wiped out, it doesn’t just hurt the bank—it devastates families and communities. It’s about relationships.

Security 221

Security Fraud Community National 221

Abrigo

FEBRUARY 6, 2024

Takeaway 2 Community banks may face challenges seeking reimbursement for breach of warranty claims filed with other FIs. Takeaway 3 Banks and credit unions should leverage new tools to improve check fraud prevention that can ease the burden on their staff and safeguard customers.

Fraud 221

Fraud Training Trends Regional 221

South State Correspondent

JANUARY 30, 2023

Rising funding costs and decreasing liquidity at community banks are causing managers to change pricing methodology for new credits. We estimate that 25% to 50% of community banks have a policy requiring minimum yield or credit spreads for new commercial loans.

Community Bank 195

Community Bank Community Strategy Management 195

South State Correspondent

FEBRUARY 27, 2022

At SouthState, we use a program called ARC (Assumable Rate Conversion) that allows borrowers to pay a fixed rate of interest for as long as 20 years, but the bank retains a floating rate asset. Current Risk in Term Lending. ARC is custom designed to allow community banks to compete anywhere on the yield curve.

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Lending Community Bank Community Meeting 195

Abrigo

MARCH 17, 2022

Why smaller institutions stress test Despite the total assets threshold noted above, regulators continue to emphasize that all banking organizations regardless of size should have the capacity to analyze the potential impact of adverse outcomes on their financial condition. The severely adverse scenario outlines the U.S.

Capital 195

Capital Regulation Risk Management Community 195

South State Correspondent

APRIL 23, 2023

The root cause of Silicon Valley Bank’s (SVB) failure is poor risk management – plain and simple. Bankers need to understand and manage their business on the fair value of assets and liabilities instead of managing their business on net interest margin and the amortized historical cost of assets and liabilities.

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Management Security Risk Management social media 195

South State Correspondent

JANUARY 30, 2024

The good news is that for many other areas, budgets are lower at banks compared to last year, and the fact that IT is still positive underscores the strategic imperative that banks face to digitize traditional operations, reduce costs, gain scale, and improve the customer experience. Technology-forward banks spend as much as 16.4%

Capital 195

Capital Operations Customer Experience Comparison 195

Abrigo

APRIL 22, 2024

The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St.

Lending 243

Lending St. Louis Community Marketing 243

Abrigo

MAY 22, 2024

The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to numbers from the St.

Lending 195

Lending St. Louis Community Marketing 195

Jeff For Banks

MARCH 21, 2024

No one will forget the inflation that followed in 2021 to 2023, started first by supply chain issues, but then fueled by the Fed’s purchases and the obscene amount of cash handed out by the federal government. It was not until May 11, 2023, that the US national emergency was lifted, but sadly, the free cash handouts continue.

Marketing 143

Marketing Policies Report Atlanta 143

Abrigo

JULY 28, 2021

Takeaway 1 The 2023 deadline for CECL implementation is coming, and many SEC filers have said they would have started earlier. . Banks and credit unions also need to determine what data has been tested or historically reconciled to make sure that gaps and inconsistencies do not cause problems. Portfolio Risk & CECL.

Resources 195

Resources San Antonio Data Regulation 195

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. By Katie Kuehner-Hebert. Data privacy and security is a hot topic and is only getting hotter. Bob Hickok.

Data 91

Data How To Community Bank California 91

Jeff For Banks

JULY 1, 2024

Between March 2022, and July 2023, the Fed increased rates by 525 basis points, with Fed Funds at 5.50% ever since. Since April 2023, the B/D ratio accounted for 1.9 Dorothy recently retired from Penn Community Bank where she worked since 2004. Are they restrictive? million, or 56%, of all new jobs.

Marketing 153

Marketing Conference Policies Survey 153

Jeff For Banks

OCTOBER 2, 2024

8% over the low in 2023 of 3.4% trillion in 2023. DLJ 09/30/24 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. 5% in a short period), with the unemployment rate at 4.2%

Marketing 153

Marketing North Carolina US Community 153

Independent Banker

MAY 24, 2016

This leaves federal crop insurance support as a key risk-management tool. However, the farm community already is being forced to defend even this scaled-back safety net. It’s a crucial risk-management tool” for 1.7 million farms and the community banks that lend to them each growing season, Scanlan points out.

Community Bank 70

Community Bank Kansas City Community Iowa 70

Jeff For Banks

NOVEMBER 3, 2023

Financial Markets & Economic Update - Fourth Quarter 2023 Summer Update On this warm October day, I am staring at my Bloomberg screen, still heartbroken over the Phillies Phailure. Interest rates are all elevated, with the 2-year Treasury yield at 5.01% and the 10-year at 4.85%, which is up by over 100 basis points since June 30, 2023.

Marketing 83

Marketing Community Bank Policies Community 83

Jeff For Banks

DECEMBER 8, 2022

The downside to all of the rate hikes is that we face a high risk of recession in 2023. In 2023, we will be there. Recession probability is now very high for 2023 and will get higher if the Fed continues to increase rates. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 78

Marketing Policies Philadelphia Community Bank 78

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

social media 195

social media FDIC Branding Management 195

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 trillion failed.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

MARCH 5, 2022

Investors have seen this movie before and are fearful of recession in 2023 or 2024. in 2023, which is back to the lower equilibrium growth rate of just over 2%. Can the Fed carefully engineer the slowing of growth without risking recession? Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 78

Marketing Policies Community Bank Community 78

Fintech Labs Insights

AUGUST 22, 2024

seed round in Oct 2023 from 8 investors including YC and a16z (scout fund). Remynt : Won a $100k grant from Visa in Oct 2023. Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. QuickFi : Reported a 45% increase in loan volume. Debbie: Raised $2.7M

San Francisco 15

San Francisco New York San Jose Tools 15

Abrigo

SEPTEMBER 14, 2022

The CFPB plans to issue a final rule implementing Section 1071 small-business reporting requirements by the end of March 2023, according to court filing. Many community banks and credit unions have typically been exempted from this data collection in the past. Credit Risk Management. Lending & Credit Risk.

Lending 195

Lending Data Regulation Community 195

CFPB Monitor

JULY 5, 2022

While fair lending has already been identified as a priority for banking regulators by the Biden Administration, the GAO report, particularly its findings regarding the decline in annual fair lending examinations and deficiency findings leading to matters requiring attention at smaller banks, could further fuel the OCC’s focus on fair lending.

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Lending Report Policies Handbook 78