This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. Compliance with investment accounting and reporting requirements plays a central role in ensuring operational efficiency and regulatory adherence.
As rates stay high, concerns about credit risk and borrower health are top of mind for bank and credit union leaders, especially as it relates to lending to small businesses. However, recent data from Abrigo shows that privately held companies across the U.S. are displaying their financial resilience. Nearly all U.S.
Our recognition as the #3 communitybank in the state by GOBankingRates in 2025 reflects our commitment to Growing, Together with the communities we serve. Yet, the banking industry is at a turning point. My goal is to convince you to approve a pilot program that will cement our position as a leader in communitybanking.
Ken Finley, president of Johnson City Bank, in downtown Johnson City with Shannon Sultemeier, executive vice president (left); and Brenda Haynes, vice president/cashier (right). Here’s how four communitybanks are thriving in this environment. Many of the bank’s clients share that conservatism. Photo by Dennis Burnett.
We asked both leaders and staffers to tell us what makes their communitybanks stand out as employers. Key CommunityBank: Leading by example. Key CommunityBank. At the heart of Key CommunityBank’s work culture is connection. Greg Dennis, Key CommunityBank. “We
This month saw investment in digital leadership and compliance, as C-suite positions were filled with new faces at JPMorgan Chase, Citi and Independent Financial, as well as at MoneyGram and Fiserv.
FinCrime fighters aren’t just checking boxes for compliance. At Abrigo, we’ve always focused on helping financial institutions thrive—not just for their own benefit but for the sake of the communities they serve. Making a difference in communitiesBanking is more than just numbers and transactions.
Independent Banker ’s annual CommunityBank CEO Outlook survey reveals how communitybank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, CommunityBank of Santa Maria. So, what’s at the top of communitybank leaders’ to-do lists?
This advice led me to a new way of contemplating leadership. It’s our teams—our employees in every level of the organization, with their varied experiences, strengths and skills—who help us grow as leaders and as banks. A checklist for effective community continuation. Because someday in life, you will have been all of these.”.
In a survey of communitybanks 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. This reflects a larger industry trend. For many, commercial real estate lending may be the ticket.
If communitybanks put in the effort to foster a sense of belonging, the result is a stronger workplace culture, greater employee loyalty and, ultimately, a better experience for customers. So, how can communitybanks build truly inclusive cultures, where everyone feels like they belong? Misti Stanton, Mercantile Bank.
A communitybank’s practical guide to compliance cost control. When it comes to reducing compliance costs, recommendations typically fall into complicated territory. Complicated or not, one thing is certain: Communitybanks can’t afford to skimp on their compliance efforts. By Jim Kisch.
Compliance measures: Ensuring adherence to Reg CC and FedNow operating procedures. Many of Abrigo's 2,400 communitybank and credit union clients plan to incorporate the FedNow Service into their product offerings. Transaction management: Procedures for accepting, rejecting, or accepting without posting transactions.
New BSA guidance reinforces having an appropriate ‘culture of compliance’. Communitybankcompliance professionals know three things about effective compliance management: It starts at the top. It permeates all of the policies, processes and procedures of the bank. By Mary Thorson.
Note their asset size, because their value as the BaaS bank for Chime is that they are under $10 billion in total assets and not subject to the Durbin Amendment portion of the Dodd-Frank Act that fixes interchange income pricing. First Citizens Bank was founded in North Carolina in 1898 as the Bank of Smithfield. NasdaqGS: FCNC.A)
Cloud migration was a big deal for banks before COVID, but it kicked into a higher gear than ever as the pandemic drove virtual banking, digital workflows and remote work across the industry. The post Podcast: A communitybank CEO’s perspective on cloud migration appeared first on ABA Banking Journal.
The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, communitybank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.
These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues communitybanks grapple with. The ICBA Leadership Development Conference will take place Sept. Bank Director Program. Lead FWD Summit.
For more than 30 years my communitybank has offered college scholarships to local high school students. Through this process we at Centinel Bank of Taos have the opportunity to learn about their dreams and goals for the future. Our future is bright because community bankers recognize the importance of investing in our people.
Lindsay LaNore is responsible for ICBA’s new Community Banker University. She leads a team that works to identify, develop and offer courses that meet communitybanks’ educational needs. Her role is to make certain that relevant education is provided in a responsive manner to all communitybank members. “I
It allows us to absolutely enjoy and appreciate our small-community environment, but there’s just enough opportunity to do some exploring in those larger markets. IB: Describe your compliance officer role at CSB Bank. It is so valuable as a compliance officer to be able to understand processes throughout the bank.
The latest episode of the ABA Banking Journal Podcast features the winners of ABA's Distinguished Service Awards for Risk and Compliance. The post Podcast: Perspectives from two bank risk and compliance leaders appeared first on ABA Banking Journal.
On the latest episode the ABA Banking Journal Podcast, Berkshire Bank President and CEO Nitin Mhatre discusss Berkshire Bank's "BEST Community Comeback," a new $5 billion ESG-focused initiative at the Massachusetts-based midsize communitybank.
As one of the country's generation of young bank CEOs, and one whose professional background is in risk management and regulatory compliance, Clayton Legear shares his unique outlook in the latest episode of the ABA Banking Journal Podcast.
This suite of systems can take banks from chaotic and fragmented operations to a smart, scaled future. A striking dynamic has occurred among regional and communitybanks over the past 10 years: their assets have grown much faster than their maturity. 4: The GRC System Ugh!
The programs and NAGGL event attract mostly communitybanks and credit unions across the US because the SBA is known for connecting businesses with their local providers. FICO similarly works to help communitybanks and credit unions understand how they can increase loans given to those underserved businesses and do so profitably.
Management and leadership are soft skills that are not on a financial institution's priority list. In that post, I wrote of a former military commander that worked for a large corporation that incorporated leadership into their development program. Aside from compliance and functional training, develop them to hit their next level.
How banks and credit unions responded to the pandemic can help them solve thorny technology, data, leadership and culture challenges. The post COVID Lessons Community Financial Institutions Must Apply in 2021 appeared first on The Financial Brand.
For bank marketers, vendors are synonymous with risk assessments, compliance hurdles, financial analysis and reference checks – not to mention a whole lot of paperwork and expense. Given this, why on earth would a bank marketer ever jump ship and start working for a bank vendor? Well, this bank marketer did just that.
Our leadership team sent each employee a gift card to a local ice cream shop with the suggestion of taking a fun photo of our purchase. Highlight Your CommunityBank or Credit Union. Small Business Saturday on November 28th has turned into a nationwide movement to encourage community members to #shoplocal. We can help!
SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Seacoast Bank is at it again… and this time it is blowing past $10B in a big way. In just five months, Seacoast announced three bank acquisitions ( Drummond, Apollo , and Professional ) totaling a little over $4.7B Goes to CSI.
This is a formidable challenge for communitybanks. The event feature from LinkedIn enables financial brands to showcase products and services, promote events, celebrate community involvement and philanthropic efforts, and demonstrate expertise at your organization for social selling and thought-leadership.
This is a formidable challenge for communitybanks. The event feature from LinkedIn enables financial brands to showcase products and services, promote events, celebrate community involvement and philanthropic efforts, and demonstrate expertise at your organization for social selling and thought-leadership.
In a world where bank CEOs often reach the corner office via serving as chief financial officer or building a career on the lending side, Clayton Legear did things differently. The post CEO Q&A: Preparing for the Storms of Banking appeared first on ABA Banking Journal.
In this feature, we’ll look at a number of ways you can continue to build trust—an especially crucial task as the pandemic continues, telecommuting persists and consumer banking practices evolve. But for most communitybanks, building a trustworthy brand isn’t a conscious effort. billion-asset communitybank.
Themis: Raised $9M, compliance and governance tech gaining steady traction, particularly with larger corporate clients. Long Game (acquired by Truist Bank): Gamified financial savings app, introduced new features to boost user savings, growth in user base. Glia: Expanded customer service technology offerings with AI enhancements.
Not the financial industry’s “Troublemakers ” – those regional and communitybanks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking.
The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. Lucci said the entities required to collect more data will include more than just banks and credit unions.
The slimming of our branch networks, both in number, square footage, and number of staff was used to increase our technology spend, compliance costs, or dropped to the bottom line. Because what I hear in communitybank strategy sessions, the branch is an important if not critical portion to an enduring future. Sorry youngster.
To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. Communitybank marketing resources. Popular CommunityBank in Miami. Did we hear a whaaaa?
THE BANKING AWARDS. Rainbolt has quietly built a communitybank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. Best Bank Sale of the Year – Although it was early in the year, the Bank of North Carolina’s (BNC Bancorp) sale to Pinnacle Financial wins.
GonzoBanker of the Year – Bank. There are lots of entrepreneurial leaders in the banking space today, but this year the nod goes to Randy Chesler at Glacier Bancorp. The Bank That Gets Fintech. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Goes to Eric Sprink, Coastal CommunityBank , Everett, Wash.
Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hats off to a decade of strong leadership and hard work. Gonzo Lifetime Leadership Award – John Glenn.
Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hats off to a decade of strong leadership and hard work. Gonzo Lifetime Leadership Award – John Glenn.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content