Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. For many, commercial real estate lending may be the ticket. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

OCTOBER 4, 2016

As the leadership teams at many banks and credit unions perfect plans to grow their loan portfolios, management can depend on several key metrics to measure the effectiveness of their plans and execution.

Resources 236

Resources Marketing Strategies Strategy Community 236

Gonzobanker

APRIL 8, 2020

Pages should have calls to action in shareable content like blogs, videos and webinars that encourage consumer and business engagement, and they should be used across digital marketing mediums like blogs, alerts, calling/texting the contact center and auto-scheduling appointments.

Leadership 173

Leadership Analytics System Digital Banking 173

CFPB Monitor

JANUARY 7, 2019

I am pleased to share with our blog readers that Alan Kaplinsky, who leads our firm’s Consumer Financial Services Group, was recently awarded the National Law Review’s Go-To Thought Leadership Award in Consumer Finance for his work on our blog, Consumer Finance Monitor. We certainly hope that our readers will agree.

Leadership 60

Leadership National Lending Industry 60

Abrigo

JUNE 27, 2024

Read this blog to learn the definition of structuring, why it is illegal, and some examples of structuring scenarios that can help banks understand customer behavior and intent. Show your board of directors and leadership an outline of what it will take to prepare for FedNow at your institution.

Examples 221

Examples Fraud Report Training 221

Abrigo

DECEMBER 5, 2023

Leadership and management: Leading and effectively managing a compliance team is a significant part of the role. Working closely with other departments, such as retail and lending, is critical to ensuring enterprise-wide compliance. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

Abrigo

DECEMBER 30, 2019

It is critical for leadership and the Board of Directors to be engaged in all areas of the institution, including compliance with the BSA. Enforcement actions can lead to cease and desist of any mergers or acquisitions, new branches, and in some cases no lending or other growth avenues. Lending & Credit Risk. Learn more.

Training 195

Training Compliance Leadership Fraud 195

Abrigo

MARCH 28, 2016

With more competition, institutions are lending in new areas, adjusting underwriting standards and seeking to grow via mergers and acquisitions. A recent article published on the Small Business Finance Institute’s (SBFI) AdviceOnLoan blog highlighted two key areas to better manage credit risk and credit culture: 1.

Training 150

Training System Leadership Analysis 150

Abrigo

SEPTEMBER 16, 2016

It is crucial for leadership at a bank to understand how the bank compares on key metrics to those institutions considered peers. While those aren’t necessarily bad choices for building peer groups, they may not be the best metrics either.

Analysis 150

Analysis Leadership Groups Case Study 150

Jeff For Banks

DECEMBER 10, 2024

They provide white-label payments and depository services (think Paypal, Chime) and deploy that funding into specialized lending programs such as lending to wealth management firms, commercial fleet leasing, and real estate bridge lending. The Bank is currently offering shares for sale at-the-market to support future growth.

Las Vegas 70

Las Vegas Lending Community Bank North Carolina 70

Abrigo

OCTOBER 20, 2016

As the leadership at banks and credit unions craft their plans for growth, there are several key metrics they should consider, such as optimizing their lending funnel , developing the right marketing strategy , and ensuring that they are taking advantage of unique opportunities with a robust credit analysis processes.

Software 150

Software Lending Community Bank Taxes 150

PYMNTS

MAY 12, 2016

Payday loans and the advertising of some lending products just got a lot less Google-friendly. Google announced that it has updated its AdWords policy to effectively ban advertisers from marketing a number of lending products starting July 13. credit cards).”

Google 100

Google Policies Lending Leadership 100

Abrigo

OCTOBER 11, 2016

While increasing the volume of qualified loan applications is an important component of any growth strategy, leadership at these institutions may not consider that there are ample opportunities already available in their loan application pool. This practice is designed to mitigate risk, but it can also limit lending opportunities.

Analysis 150

Analysis Lending Taxes Software 150

Abrigo

JUNE 22, 2017

How to determine your credit union’s risk appetite In order establish a holistic risk appetite, credit unions should first consider that of individuals in leadership. About Sageworks Sageworks offers lending, credit risk and portfolio risk software to help commercial lenders lower costs and improve the borrower experience.

Lending 150

Lending Meeting Survey Capital 150

CFPB Monitor

JUNE 16, 2021

Specifically, the report examines how the CFPB has (i) managed the reorganization of its Office of Fair Lending and Equal Opportunity and related risks during 2018, (ii) monitored and reported on its fair lending performance, and (iii) used new HMDA data fields to analyze and support its fair lending activities.

Lending 78

Lending Report Data Policies 78

CFPB Monitor

MARCH 9, 2021

Providing further confirmation that the CFPB plans to ramp up its enforcement efforts under its new leadership, the CFPB is recruiting one or more attorneys from other federal agencies to work in its Office of Enforcement.

Leadership 78

Leadership Policies Lending Regulation 78

CFPB Monitor

MAY 26, 2022

Under Director Chopra’s leadership, the CFPB has regularly been sounding alarms about the potential for discrimination arising from the use of so-called “black box” credit models that use algorithms or other artificial intelligence (AI) tools.

Compliance 143

Compliance Regulation Leadership Technology 143

CFPB Monitor

FEBRUARY 19, 2019

The report represents the CFPB’s first semi-annual report under the leadership of Director Kathy Kraninger. Mulvaney’s leadership of issuing semi-annual reports that were substantially shorter than those issued under the leadership of former Director Cordray. The Bureau also found that entities satisfied (i.e.

Report 68

Report Leadership Lending 68

CFPB Monitor

JULY 27, 2020

In addition to discussing ongoing or past developments that we have covered in previous blog posts, the report includes the following noteworthy information: In October 2019, the Bureau created a Taskforce on Federal Consumer Financial Law.

Report 78

Report Lending Leadership National 78

CFPB Monitor

OCTOBER 18, 2018

On October 17, the Bureau released its Fall 2018 Rulemaking Agenda , but it included a surprise for those interested in fair lending. prevent the Bureau from applying any different standard for disparate impact retroactively upon a change in leadership at the agency. We blogged about the HUD rulemaking most recently here.

Leadership 74

Leadership Lending Regulation Community 74

CFPB Monitor

FEBRUARY 5, 2020

In addition, the Bureau provided supervisory recommendations “relating to supervisory concerns related to weak or nonexistent fair lending policies and procedures, risk assessments, fair lending testing, and/or fair lending training.”.

Report 78

Report Lending Leadership Training 78

Abrigo

AUGUST 26, 2016

Does senior leadership do a good job of communicating its top priorities? Or to learn about hfow various players in the lending process can work together to ensure credit quality, listen to the on-demand webinar, " How To Maintain Credit Quality During Growth Periods.".

Survey 150

Survey Risk Management Leadership Strategy 150

CFPB Monitor

DECEMBER 22, 2016

Earlier this week, we blogged about reports that Director Cordray has no plans to leave the CFPB before his term expires in July 2018. ” The groups are the Leadership Conference on Civil and Human Rights, NAACP, National Council of La Raza, and National Urban League. ” .”

Groups 60

Groups Leadership Community National 60

CFPB Monitor

JULY 27, 2015

It is noteworthy, however, that the settlement does not include payment of any monetary penalties by AHFC, which perhaps reflects statements in the DOJ’s and CFPB’s press releases praising AHFC for its industry “leadership” in agreeing to change its policy. When the settlement was announced, we prepared a detailed legal alert.

Policies 60

Policies Leadership Company Lending 60

PYMNTS

SEPTEMBER 27, 2019

Colombian alternative small business lending platform Sempli announced $8 million in funding this week from Oikocredit and Incofin CVSO, according to a press release. digital bank Mercury announced $20 million in Series A funding in a blog post. Developed as an online bank for startups, Mercy launched in April of this year. OfBusiness.

Payments 149

Payments Capital Taxes Lending 149

CFPB Monitor

APRIL 13, 2022

Since Rohit Chopra was sworn in as CFPB Director in October 2021, the report only reflects CFPB activity under the leadership of former Acting Director Uejio.

Report 78

Report Leadership Analysis Lending 78

CFPB Monitor

SEPTEMBER 14, 2018

While it’s noteworthy as the Bureau’s first new case under current leadership, the action continues the CFPB’s focus on companies that offer settlement and pension advances, which began under Director Cordray and has continued under acting Director Mulvaney.

Leadership 68

Leadership California Lending Regulation 68

PopularBank

SEPTEMBER 23, 2020

Joseph Culotta Brings More Than 18 Years of Leadership and Wealth Management Expertise to Popular Bank. We are thrilled to welcome Joe to our Wealth Management leadership team to head our Popular Investments business,” said Ford. The post Popular Bank Appoints Director of Wealth Management appeared first on Blog Popular Bank.

Management 52

Management Leadership New York New Jersey 52

PopularBank

DECEMBER 11, 2023

Under her leadership, the team has quadrupled in size and has originated more than $5 Billion in association loans as well as more than $1.6 PAB has provided banking and lending services to community associations since 1994. PAB has an active lending platform in over 30 states. Billion in deposits.

Management 52

Management Florida Community Leadership 52

Jeff For Banks

JULY 28, 2012

Volunteer for a leadership position in at least one. Participate in social media efforts by contributing blog posts and managing FI-branded Twitter account geared toward small business. Portfolios should include all forms of business lending within the FIs capability and strategy and consistent with risk appetite.

Community 65

Community social media Strategy Lending 65

CFPB Monitor

OCTOBER 26, 2018

This treatment of card payments can only be ascribed to the hostility to high-rate lending characteristic of the former leadership of the Bureau. Earlier today, the Bureau of Consumer Financial Protection released a Public Statement Regarding Payday Rule Reconsideration and Delay of Compliance Date.

Compliance 60

Compliance Texas Leadership Industry 60

CFPB Monitor

MARCH 17, 2022

Consistent with expectations that the CFPB under Director Chopra’s leadership would take an expansive view of its statutory authorities, the CFPB has announced its intention to use its authority to prohibit unfair, deceptive, or abusive acts or practices (UDAAPs) to target discriminatory conduct, even where fair lending laws may not apply.

Policies 78

Policies Analysis Marketing Leadership 78

CFPB Monitor

MARCH 30, 2015

On March 26, the CFPB held a public hearing on payday and auto title lending, the same day that it released proposed regulations for short-term small-dollar loans. Michael Calhoun, President, Center for Responsible Lending. Wade Henderson, President and CEO, The Leadership Conference on Civil Rights and Human Rights.

Virginia 60

Virginia Lending Regulation America 60

PYMNTS

MAY 16, 2016

We feel we owe the team at Lending Club special thanks for getting the week started off with a bang. The hits just kept on coming from there, and Lending Club’s stock price has taken a rather expected beating in subsequent days (as did most other marketplace lenders, who were apparently ruled guilty by association). credit cards).”.

Google 101

Google Data Policies Lending 101

Jeff For Banks

MARCH 6, 2011

"He''s not ready" is the response I often hear when I ask why a sharp banker is not part of the FIs senior leadership team. For community FIs to remain relevant to customers and prospective customers, we must choose a strategy that delivers either a competitive advantage through differentiation or cost leadership. link] William C.

Strategy 70

Strategy Leadership Training Industry 70

PopularBank

OCTOBER 2, 2020

And now, we are working diligently to help our commercial clients explore financing options through the CARES Act Main Street Lending Program. The post Popular Celebrates 127 Years of Service to our Communities appeared first on Blog Popular Bank. We remain financially strong and look forward to the next 127 years.

Community 98

Community New York New Jersey Meeting 98

Jeff For Banks

DECEMBER 10, 2023

They provide white label payments and depository services (think Paypal, Chime) and deploy that funding into specialized lending programs such as lending to wealth management firms, commercial fleet leasing, and real estate bridge lending. Jeff Note: I make no investment recommendations in this article or this blog.

Fresno 101

Fresno North Carolina Raleigh FDIC 101