Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. Bob Hickok.

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Data How To Community Bank California 91

Independent Banker

MARCH 27, 2016

I learned about it firsthand as a cadet at the Virginia Military Institute. That’s why community banking resonates so strongly with me. Community bankers aren’t just there for their customers during work hours on weekdays. Of course, the megabanks want the public to believe that all banks are the same.

Community Bank 70

Community Bank Community Washington Virginia 70

Abrigo

DECEMBER 16, 2019

Regulators, investors, and other stakeholders will be watching and listening for updates on the impacts of the accounting change. Even now, however, banks and credit unions with 2023 deadlines are seeking information about what the earliest adopters have learned so far in their implementation efforts. Be willing to change as needed. .

West Virginia 195

West Virginia Virginia Data Community 195

American Banker

NOVEMBER 5, 2021

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Virginia 58

Virginia Community Bank Community Compliance 58

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers.

Community Bank 70

Community Bank Community Analytics Lending 70

Independent Banker

FEBRUARY 24, 2016

Three steps to strengthen your bank’s customer complaint management. Yet community banks, as relationship builders, don’t like to hear customer complaints. Customer complaint management, now considered a component of a bank’s compliance management, has become a rest stop during compliance exams. By Mary Wright Thorson.

Compliance 70

Compliance Regulation Community Bank Virginia 70

Independent Banker

AUGUST 25, 2016

The result will be more Bank Secrecy Act/anti-money laundering information collection and recordkeeping for community banks, says Lilly Thomas, ICBA vice president and senior regulatory counsel. Mary Thorson Wright , a former Federal Reserve manager, is a financial writer in Virginia. CFPB Updates. Servicing Rules.

Compliance 70

Compliance Community Bank Training Virginia 70

American Banker

NOVEMBER 17, 2016

Carter Bank in Virginia had been enjoying record profit until it was ordered to beef up Bank Secrecy Act compliance. The institution is the latest community bank to take a hit from enhanced oversight.

Virginia 28

Virginia Community Bank Compliance Community 28

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. The rule defines a “creditor” as a business that is engaged in extending consumer credit and meets the criteria under Regulation Z with respect to extensions of consumer credit to covered borrowers. By Mary Thorson Wright. Beginning Oct. 3, 2016, compliance date.

Lending 70

Lending Compliance Regulation Virginia 70

Independent Banker

AUGUST 25, 2016

Community bank compliance officers spend the lion’s share of their time executing compliance management programs by learning about and analyzing regulatory requirements, providing training on them and helping business units implement them. In compliance management, the process is only as effective as the bank’s efforts to.

Compliance 70

Compliance Training Community Bank Regulation 70

Independent Banker

JULY 28, 2016

The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. Just how can your community bank do all of those things? What agency is our prudential federal regulator?

Compliance 70

Compliance Training Community Bank Regulation 70

Independent Banker

JULY 1, 2015

When another lender left the $103 million-asset community bank, Harms picked up her client load for months without complaint and then trained the new replacement staffer. And even as new regulations make the mortgage environment increasingly challenging, he just smiles, adapts quickly and gets back to business.

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Cleveland Wisconsin Arizona Virginia 70

Independent Banker

OCTOBER 29, 2014

Community bank compliance 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. Mary Thorson , a former Federal Reserve managing examiner and compliance consultant, is a financial writer in Virginia.

Compliance 80

Compliance Leadership Resources Virginia 80

Jeff For Banks

DECEMBER 12, 2017

Their non-performing loans (NPL)/total loans ratio peaked at 12.54% in 2010, and between 2009-12, the Bank charged off over 11% of its loan portfolio. That got regulator's attention in the form of a May 2011 Consent Order (CO). is the holding company for Parke Bank, a $1.1 But they didn't bury their head in the proverbial sand.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Independent Banker

JANUARY 31, 2023

Illustration by Jozefmicic/Adobe The CFPB recently issued new guidance on overdraft fees that was unanticipated by community banks. Learn what this means for the industry and how community banks can stay in compliance. In March 2022, the CFPB noted in its blog that “overdraft fees can price people out of banking.”

Community Bank 91

Community Bank Community Compliance Regulation 91

Independent Banker

MARCH 15, 2015

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. Large Community Bank Council, member. Membership-Marketing.

Ohio 70

Ohio Community Bank Community Lending 70

Gonzobanker

DECEMBER 17, 2021

The Bank That Gets Fintech. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Eric has always been a student of innovation, and now at Coastal, this fearless leader has spearheaded a number of high-profile banking-as-a-service partnerships.

Fintech 131

Fintech Strategy Leadership Lending 131

CFPB Monitor

MARCH 20, 2017

Professor Saikrishna Prakash, James Monroe Distinguished Professor, University of Virginia School of Law. In his testimony, he mentioned that he and his then law firm colleagues were co-counsel to a small community bank in State National Bank of Big Spring v. Adam White, Research Fellow, Hoover Institution.

Virginia 74

Virginia Community Bank America Policies 74