Abrigo

AUGUST 6, 2021

according to FFIEC and FDIC data. Community banks are critical to ag lending and small business lending. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management. Even though community banks make up a small share of total assets and deposits, 13.5%

Community Bank 195

Community Bank Community Kansas City Lending 195

Abrigo

APRIL 21, 2020

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. How to fund PPP loans.

Lending 195

Lending Capital Minnesota FDIC 195

CFPB Monitor

APRIL 7, 2022

The FDIC has issued the March 2022 edition of Consumer Compliance Supervisory Highlights which includes a description of some of the most significant consumer compliance issues identified by FDIC examiners during consumer compliance examinations conducted in 2021. Fair lending.

FDIC 78

FDIC Compliance Lending Regulation 78

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The FDIC’s announcement said a private placement offering will raise at least $25 million for the bank ahead of its launch. Bloomberg listed Casey G.

Community Bank 122

Community Bank Community FDIC Marketing 122

Perficient

NOVEMBER 10, 2023

Retail banks respond to the Federal Reserve’s short-term interest rate adjustments with corresponding changes in lending and deposit rates. This analysis helps both current and potential clients understand the resilience of different deposit types to rising interest rates.

Risk Management 221

Risk Management United States FDIC Compliance 221

PYMNTS

JANUARY 24, 2019

In a press release , Fundation said it is collaborating with Banc of California to develop a streamlined, digital small business lending and line of credit solution that the bank can offer to its small business clients. SMBs can use the tool to apply for financing through an online application on the Banc of California website. .

California 122

California Lending FDIC Online 122

PYMNTS

MARCH 6, 2019

Marketplace lending has emerged as a growing force in the small business lending space, particularly as FinTechs explore ways to connect small businesses with capital without actually providing the financing themselves. a figure it says surpasses that of many traditional institutions in the country.

FDIC 116

FDIC Lending Capital Analysis 116

Abrigo

AUGUST 3, 2017

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent.

Oklahoma City 150

Oklahoma City FDIC Handbook Oklahoma 150

South State Correspondent

AUGUST 21, 2022

Lending Discipline: Hedging programs make loan pricing more transparent and force bankers to exercise sensible pricing methodologies. Second, community banks should use FDIC-insured institutions as hedge providers, and the hedges must be structured as qualified financial contracts (QFC). Conclusion.

How To 195

How To Community Bank Community FDIC 195

Abrigo

NOVEMBER 11, 2019

Bankers since the financial crisis have become accustomed to seeing language like the following: “The FDIC is re-emphasizing the importance of prudent interest rate risk oversight and risk management processes to ensure FDIC-supervised institutions are prepared for a period of rising interest rates.” FDIC FIL-46-2013 October 8, 2013.

Management 150

Management FDIC Community Risk Management 150

CFPB Monitor

JUNE 13, 2022

One issue raised in the RFI is “to what extent should the CFPB be consulted by the FDIC when considering the convenience and needs factor and should that consultation be formalized?”. Whether the FDIC finds these arguments persuasive is yet to be seen.

FDIC 78

FDIC Groups Community Meeting 78

Abrigo

MARCH 13, 2023

Takeaway 2 A good deposit analysis helps institutions do more than simply understand how to manage non-maturity balances in the ALM model. Banks in rural America are not going to have the same kind of lending activities, or depositor relationships as this bank seemingly had. Do you get that from your deposit analysis ?

Strategy 195

Strategy Lending Security Analysis 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

CFPB Monitor

JUNE 29, 2020

The FDIC has issued its widely anticipated final rule resolving the uncertainty caused by the Second Circuit’s Madden v. Although the press release accompanying the FDIC’s final rule states that the “FDIC’s action mirrors” the OCC final rule, the two final rules are not identical in every respect. Midland Funding decision.

FDIC 60

FDIC National Analysis Regulation 60

Abrigo

SEPTEMBER 5, 2023

unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit). As the FDIC said recently: Exceptions to policy should be few in number and properly justified, approved, and tracked. Get details in "A guide to implementing credit policy."

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

DECEMBER 22, 2023

Probability of default and how it's used for expected loss Probability of Default/Loss Given Default analysis is a method used by larger institutions to calculate expected loss. Click the header next to each number to visit the corresponding top blog post.

Risk Management 221

Risk Management Regulation Management Lending 221

CFPB Monitor

DECEMBER 19, 2019

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal. ” Click here to register. Our thoughts.

FDIC 78

FDIC Regulation Community Retail 78

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports.

Lending 60

Lending Regulation Community Community Bank 60

South State Correspondent

APRIL 30, 2022

Historical Cost of Funds Analysis. While we have covered the impact of the Fed on lending ( HERE ), we want to focus on the liability side of the balance sheet. We examine the roughly four thousand FDIC-insured commercial banks and S&L associations over the last four decades.

Community Bank 195

Community Bank Strategy Community FDIC 195

CFPB Monitor

JUNE 1, 2020

In its analysis accompanying the final rule, the OCC observed that, while Section 85 clearly establishes a national bank’s authority to make and transfer loans, it does not expressly address how the exercise of that authority affects the interest term. The FDIC has not yet acted on its proposal. 85] [12 U.S.C

FDIC 78

FDIC National Lending Analysis 78

CFPB Monitor

DECEMBER 5, 2019

The OCC, Federal Reserve Board, FDIC, NCUA and CFPB have issued an “ Interagency Statement on the Use of Alternative Data in Credit Underwriting.”. The statement sets forth the agencies’ recognition of the benefits of using alternative data (AD) in credit decisions.

Data 97

Data FDIC Compliance Analysis 97

CFPB Monitor

JUNE 12, 2020

Marlette Funding, LLC et al , arises from an enforcement action filed in 2017 by Colorado’s UCCC Administrator challenging a bank-model lending program involving a New Jersey state-chartered bank. It found the Second Circuit’s analysis of Section 85 in Madden “to be persuasive and applicable to this matter and analysis of Section 27.”

Colorado 78

Colorado FDIC Analysis National 78

Abrigo

JUNE 28, 2024

Planning ahead The impact of changing rates on bank margins With unusually high interest rates comes an exceptionally high increase in basis points—and Sharbel estimates that across all FDIC institutions, banks and credit unions have seen a rise of 525 basis points.

Community Bank 195

Community Bank Strategy Community Management 195

Abrigo

MARCH 17, 2022

The Federal Reserve Board, OCC, and FDIC provided two hypothetical scenarios: baseline and severely adverse. With most institutions being tied directly to either 1-4 family lending or commercial real estate lending, the scenarios outlined here would result in dire circumstances for many community financial institutions.

Capital 195

Capital Regulation Risk Management Community 195

CFPB Monitor

OCTOBER 6, 2022

In our view, the court’s analysis is misguided. According to both courts, a “substance over form” analysis is inappropriate when assessing whether a transaction or a party to the transaction falls under a constitutional or statutory exemption from the usury prohibition. Opportunity Financial, LLC and Beechum v. Navient Solutions, Inc.,

California 78

California FDIC Analysis Utah 78

Abrigo

JUNE 4, 2019

The Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC) have put out a joint statement addressing many frequently asked questions about the new standard.

Policies 186

Policies Capital Report FDIC 186

Jeff For Banks

FEBRUARY 3, 2010

But the FDIC has approximately 5,000 employees and examines about 5,160 banks (see [link] That’s almost one to one. I understand the FDIC also manages the insurance fund and has a consumer protection arm. They also perform industry analysis. It could mean the end of character lending, too.'

FDIC 60

FDIC Conference Analysis Lending 60

Abrigo

NOVEMBER 9, 2022

The 2022 CECL implementation survey is the fourth such analysis since 2017 by Abrigo, which has worked with hundreds of financial institutions on CECL implementation. Banks and credit unions will undoubtedly need to update CECL models and operational aspects of allowance calculations as the lending, risk, and regulatory environments change.

Survey 195

Survey Software Resources Meeting 195

CFPB Monitor

AUGUST 5, 2021

Mr. Hsu indicated that such reliance “raised a lot of flags” and stated that “excessive fees on overdrafts, predatory lending, high-cost debt traps” should be prohibited and “don’t have a place in the federal banking system.” Hsu as to whether he considered such reliance a safety and soundness concern. Community Reinvestment Act.

Data 78

Data FDIC Community Analysis 78

CFPB Monitor

JUNE 22, 2022

Large banks would also be required to delineate retail lending assessment areas where a bank has concentrations of home mortgage and/or small business lending outside of its facility-based assessment areas. See our prior blog post for a detailed explanation and analysis of the four tests.) Performance Tests and Standards.

Regulation 78

Regulation Community Lending Retail 78

CFPB Monitor

JULY 14, 2022

The other provision is Section 22324 which prohibits “contract[ing] for or “negotiat[ing] in this state for a loan to be made outside of the state for purpose of evading or avoiding” California lending law. OppFi also argues in the Demurrer that the DFPI’s other CFL claims fail as a matter of law.

California 78

California Innovation Utah Texas 78

CFPB Monitor

NOVEMBER 24, 2020

In its background discussion explaining its rationale for the proposal, the OCC takes aim at denials of financial services by banks to categories of customers “even when an individual customer would qualify for the financial service if evaluated under an objective, quantifiable risk-based analysis.”

Operations 78

Operations Industry Analysis Policies 78

CFPB Monitor

JUNE 15, 2020

According to the agency’s press release , the final rule is designed to increase CRA-related lending, investment and services in low- and moderate-income (“LMI”) communities where there is significant need for credit, responsible lending, and greater access to banking services.

Community 60

Community FDIC Lending Examples 60

FICO

JANUARY 6, 2020

any bank that can’t grow (or at least sustain) its deposits base will face shrinking net interest margins and a competitive disadvantage in their consumer lending businesses….top We began to see a resurgence in small-dollar lending in 2018 with new regulatory guidance from the OCC and FDIC encouraging banks to compete with payday lenders.”.

Data 52

Data Analytics Lending Trends 52

ForwardBanker

APRIL 30, 2018

The post How Community Banks Can Resecure Their CRE Lending Business appeared first on Deluxe FS. Long before the Great Recession made everyone in the banking industry rethink nearly everything about how they did business, numerous community banks were highly dependent on CRE loans for revenue.

Community Bank 33

Community Bank Community Lending Industry 33

CFPB Monitor

MAY 6, 2019

. § 520(e)(1), which contains a sentence that directly justifies the SPNB charter: “A special purpose bank that conducts activities other than fiduciary activities must conduct at least one of the following three core banking functions: Receiving deposits; paying checks; or lending money.” Supreme Court’s 1984 decision Chevron U.S.A.

Fintech 68

Fintech New York National Regulation 68

American Banker

AUGUST 8, 2016

Under pressure from regulators to beef up risk management in commercial real estate lending, banks are using new software tools to improve analysis.

Big Data 28

Big Data Risk Management Data Analysis 28