Independent Banker

DECEMBER 31, 2022

While the pace of bank regulatory changes has diminished from a few years ago, several issues will either become effective or likely develop in 2023. 1, and applicable to the first quarterly assessment period of 2023 with an invoice payment date of June 30, 2023. Source: FDIC. Finalization is expected as early as 2023.

Compliance 100

Compliance FDIC Community Bank Community 100

Perficient

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time. In the first quarter of 2023, these balances plunged over 40% due to reported U.S.

Risk Management 221

Risk Management United States FDIC Compliance 221

Abrigo

AUGUST 7, 2023

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. Model validation is a crucial aspect of model risk management.

Risk Management 195

Risk Management Handbook Analysis Management 195

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." CRE loan accommodations.

Management 195

Management Risk Management Policies Lending 195

South State Correspondent

MAY 7, 2024

With the assistance of the FDIC, Fulton Financial acquired certain assets, debt and deposits of Republic Bank. In fact, until 2023, the bank’s interest expense to average assets was at par with peers. We believe that such simple steps in risk management may help avoid the bank failures we have seen and may continue to see.

Risk Management 195

Risk Management Security Management Groups 195

Abrigo

FEBRUARY 8, 2024

consumers lost billions of dollars due to fraud during 2023. consumers lost more than $7 billion during the first three quarters of 2023, up 5% compared to the same period in 2022. Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior.

Fraud 195

Fraud Resources social media Software 195

American Banker

MARCH 22, 2024

The FDIC Office of Inspector General attributed the downfall of Citizens Bank in November 2023 to lax lending practices and risk mismanagement by the Lange family, causing a $14.8 million loss to the regulator's Deposit Insurance Fund. The OIG saw no grounds for a more extensive review.

FDIC 41

FDIC Risk Management Iowa Lending 41

Abrigo

JULY 26, 2021

Our dedicated risk management experts are ready to help you transition to CECL with confidence. Portfolio Risk & CECL. 4 Steps for Integrating CECL and Other Risk Management Models. Portfolio Risk & CECL. Infographic: 4 Benefits of Integrating CECL and Other Risk Models. Learn more.

Tools 195

Tools Kansas City Kansas Regulation 195

Abrigo

MARCH 17, 2022

Agencies note that existing guidance, including that covering interest rate risk management, commercial real estate concentrations, and funding and liquidity management (among others), continues to apply. Prudent stress testing as a risk management tool helps the enterprise see where the potential pitfalls are in their plans.

Capital 195

Capital Regulation Risk Management Community 195

American Banker

DECEMBER 18, 2024

is considering suing former Silicon Valley Bank executives over risk management decisions, imprudent dividends, and billions in losses that fueled a banking crisis in 2023. The Federal Deposit Insurance Corp.

FDIC 41

FDIC Risk Management Management Compliance 41

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. In effect, Cross River is in time out.

Compliance 109

Compliance FDIC Strategy Fintech 109

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

CFPB Monitor

OCTOBER 21, 2021

The CFPB, Federal Reserve Board, FDIC NCUA, OCC, in conjunction with the state bank and state credit union regulators, jointly issued a statement on managing the transition away from LIBOR (Joint Statement).

Regulation 78

Regulation Management FDIC Risk Management 78

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. M&T assumed their $411 million of loans and securities with a $289 million FDIC loss-share agreement. trillion failed.

FDIC 60

FDIC Community Bank Regulation Lending 60

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. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. The proposed rule , unveiled Sept. C&I Loans.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

DECEMBER 19, 2024

Were glad to see Western Alliance at full tilt after short-sellers and naysayers gave the bank reputational trouble in 2023. Make no mistake, Synovus has broken from tradition in building a regional commercial bank whose stock is up 55% this year, recovering nicely from the industrys rough days in 2023. 45% non-performing loan ratio.

Fraud 78

Fraud Fintech Marketing Industry 78