CFPB Monitor

DECEMBER 7, 2023

The Office of the Comptroller of the Currency (OCC) has issued a bulletin (2023-37) that provides guidance on managing risks associated with “buy now, pay later” (BNPL) lending. The bulletin cautions banks about the risks to banks and consumers associated with BNPL lending. . Continue Reading

Lending 167

Lending Management 167

Abrigo

DECEMBER 28, 2023

Top banking risk management papers and infographics Abrigo experts' insights on deposit pricing, stress testing, loan review, and CECL were popular with banking risk professionals. Indeed, regulators and management alike focused on these risks more and more in 2023 following the failure of Silicon Valley Bank and repeated rate hikes.

Resources 221

Resources Risk Management eBook Strategy 221

Abrigo

JULY 20, 2024

Ready to catch the next wave of lending growth? Commercial and industrial lending (C&I) will be the next big performance driver for banks and credit unions. You might also like this paper on how institutions can produce smarter, faster lending. C&I lending will be the next “bomb.”

Lending 195

Lending Risk Management Management Capital 195

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 243

Lending St. Louis Community Marketing 243

Abrigo

DECEMBER 18, 2023

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Critical capital Should CRE lending be off the table? You might also like this webinar on credit department housekeeping.

Risk Management 221

Risk Management Management Lending Capital 221

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. Takeaway 2 Ag sector receipts are expected to increase, but so are input costs, so loan demand could pick up by 2023. . Farmers expect worse in 2023.

Lending 195

Lending Kansas City Kansas Resources 195

Abrigo

DECEMBER 20, 2024

Likely trends are shaped by a dynamic rate environment The top issues facing executives managing credit portfolio risk and the balance sheet at financial institutions are shaped largely by the dynamic rate environment, according to Abrigos outlook for major trends in the year ahead. Navigate rate environment uncertainty with confidence.

Management 195

Management Risk Management Trends Lending 195

Abrigo

MARCH 31, 2023

You might also like this webinar: "CECL implementation FAQs: Progress as 2023 approaches" listen Takeaway 1 The National Credit Union Administration emphasized interest rate, liquidity, and credit risk as main concerns. Takeaway 2 Credit unions may still have questions about regulatory expectations for CECL after adopting the new standard.

Risk Management 195

Risk Management Policies Capital Maine 195

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units. He passed away in January 2023.

Fintech 191

Fintech Community Regional Technology 191

South State Correspondent

JANUARY 4, 2023

A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. In the past, you have seen us rank customer relevance and total experience as a top priority for banks – not in 2023. Lending Focus – Interest Rate Sensitivity and Credit Accuracy.

Community Bank 195

Community Bank Capital Marketing Lending 195

Perficient

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. The new federal risk guidance for banks does not remove the need for sound risk management. Introduction It’s not you. It’s the guidance. The complete 60+ page guidance is available to readers here.

Management 221

Management Risk Management Regulation Compliance 221

South State Correspondent

AUGUST 15, 2023

The fear of recession has decreased in 3Q, and the new primary concern shifts back to interest rate risk and deposit cost management. Regarding loan growth, lending continues to be at the slowest pace since 2008. Banks continue to be reluctant to lend, a situation we don’t see changing for the rest of the year.

Trends 195

Trends Community Bank Community Lending 195

Abrigo

NOVEMBER 9, 2022

Financial institutions work to meet Q1 2023 CECL deadline A CECL implementation survey by Abrigo found progress by financial instittuions is mixed ahead of the upcoming deadline. . In many cases, financial institutions adopting CECL for the 2023 deadline are tracking ahead of where SEC registrants were as they faced a 2020 deadline.

Survey 195

Survey Software Resources Meeting 195

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 195

Lending St. Louis Community Marketing 195

Abrigo

OCTOBER 14, 2022

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." Cultivate talent. keep me informed. Know your limits.

Risk Management 195

Risk Management Management Policies Lending 195

Abrigo

NOVEMBER 13, 2024

Bank and credit union leaders can use data to inform small business lending Small businesses are showing resilience. Despite borrowing more and tapping credit lines, they're managing leverage and meeting debt obligations, according to Abrigo's proprietary data. Interest coverage ratios have stayed strong. Nearly all U.S.

Lending 221

Lending Meeting Data Risk Management 221

South State Correspondent

JULY 7, 2024

In commercial banking, lending optionality occurs for liquidity, credit, or interest rates. This example of a two-way asymmetrical liquidity option is common at most banks, and this was the primary cause of several high-profile bank failures in 2023. Liquidity optionality is a common, but manageable, risk in the industry.

Lending 195

Lending Community Bank Community Exercises 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. Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

Management 195

Management Risk Management Policies Lending 195

South State Correspondent

AUGUST 16, 2023

These are cash flow management tools that send a signal of future problems. Volume is not expected to pick up in the second half of 2023. Banks are currently reducing indirect auto financing growth and are managed by greater holdback and fewer exceptions. Banks should put management plans in place now.

Trends 195

Trends Cards Capital Data 195

Abrigo

MARCH 21, 2023

You might also like this video on managing interest rate risk. Takeaway 3 Diving deeper into depositor pricing and evaluating loan pricing to ensure compensation for the risk are among strategies to manage interest rate risk. 4.75% over the course of 2022 and 2023. 4.75% over the course of 2022 and 2023. billion – a 39.7%

Risk Management 195

Risk Management Management Strategy Lending 195

South State Correspondent

JUNE 13, 2023

When interest rates rise, lenders struggle to manage revenue and economic capital; when rates fall, borrowers can commonly refinance the debt at lower rates. This allows management to better manage credit, interest rate, and operational risk in business units. Better products create win/win outcomes for lenders and borrowers.

Marketing 195

Marketing Examples Capital Management 195

South State Correspondent

FEBRUARY 27, 2022

Current Risk in Term Lending. The market expects the FOMC to raise short-term rates over six times in the next 12 months and the Fed Funds rate to reach over 1.60% by February of 2023. The post Our ARC Lending Tactic For Quality Loan Growth appeared first on SouthState Correspondent Division. Why ARC Makes Sense.

Lending 195

Lending Community Bank Community Meeting 195

Independent Banker

APRIL 30, 2022

Ashley Horner (right), senior vice president and SBA loan administrator, shown with portfolio manager Melanie Elmore, says Summit Bank is on track to make $30 million in SBA loans this year. Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Quick Stat.

Lending 158

Lending Community St. Louis Community Bank 158

FICO

FEBRUARY 27, 2023

Home Blog FICO Meet The 2023 FICO Decisions Awards Winners! In 2023, we have 15 winners across 10 award categories representing companies from every corner of the globe. There was plenty of creativity and moxy in the approaches, business models and technologies deployed by the class of 2023.

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Meeting social media Management Analytics 98

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. Short-term rates are also likely to continue to climb through 2023. This secular change will allow better-managed banks to outperform their peers. The Fed Hike and Current DOT Plot.

Community Bank 359

Community Bank Policies Community Marketing 359

Abrigo

OCTOBER 19, 2023

G2 is the world’s largest and most trusted tech marketplace where users can discover, review, and manage software. On the loan origination side, Abrigo’s Sageworks Lending product was lauded for its ease of use. “We have been using the Sageworks Lending software for over three years,” said one reviewer. “It

Software 221

Software Lending Resources Community 221

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Takeaway 2 Management reports, probability of default, and model validation topics were found in the top blogs for risk professionals.

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

MAY 30, 2023

DOWNLOAD Takeaway 1 The effective date of the CFPB's new rule based on Section 1071 of the Dodd-Frank Act is June 28, 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. But compliance deadlines are tiered.

Compliance 195

Compliance Lending Data Regulation 195

Abrigo

AUGUST 30, 2024

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. These FHLBs continued to lend to the member banks despite clear deterioration of their financial status.

San Francisco 195

San Francisco Risk Management New York Capital 195

Gonzobanker

DECEMBER 7, 2023

It’s time for banks and credit unions to finally execute those C&I lending priority initiatives. Senior bank and credit union executives have ranked commercial and industrial (C&I) loans as a top lending priority over the past several years in Cornerstone Advisors’ annual What’s Going On in Banking research.

Lending 123

Lending Analysis Strategy Management 123

Gonzobanker

AUGUST 24, 2023

Holding these assets can impact profitability because banks can’t lend those funds out or invest them at higher rates. The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however. Commercial real estate loans.

Innovation 141

Innovation United States Technology Industry 141

Perficient

NOVEMBER 21, 2024

The compliance deadline, however, depends on the firm’s total receipts from calendar years 2023 and 2024. Impact on consumers Without open banking, consumers struggle to switch between bank deposit and lending offerings. The ruling demands action from all non-depository firms (e.g.,

Compliance 221

Compliance Data Cards Meeting 221

Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. They also give the lender tools to monitor and manage the situation.

Risk Management 221

Risk Management Lending Policies Management 221

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. By Beth Mattson-Teig.

Community Bank 91

Community Bank Community Tampa North Carolina 91

South State Correspondent

MAY 9, 2023

private and public lending markets are the world’s envy, with a wide availability of financing options for many capital seekers across the entire capital stack. The proper function of a free-market economy is to allow outperforming managers to succeed in their businesses and underperforming managers to exit their businesses.

FDIC 195

FDIC Regulation Capital Management 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. . 2023 CECL Deadline? Each quarter represents an opportunity to refine the CECL model prior to 2023. The time is now to ensure you are ready for January 1, 2023.” The time is now.'.

Community Bank 195

Community Bank Community Data Analysis 195

Perficient

NOVEMBER 1, 2024

The following year, in December 2023, the US Treasury Department issued an RFI that sought input to inform its development of a national financial inclusion strategy; that RFI included questions related to the use of technologies such as AI in the provision of consumer financial services.

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Regulation US Community National 221