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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

While this might have been the first time many community banks and credit unions have seen returns on a digitization investment, these same automation and efficiency gains can be found in other end-to-end lending solutions. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk.

Lending 259
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Budget Surplus? 5 Ways to Invest in Your Financial Institution with This Year’s Excess Budget

Abrigo

Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report. Credit Risk Management. Lending & Credit Risk. billion from $515.3 billion between Dec. Deposit Modeling.

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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

While this might have been the first time many community banks and credit unions have seen returns on a digitization investment, these same automation and efficiency gains can be found in other end-to-end lending solutions. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk.

Lending 195
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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Community Bank Advisory Council Members. Ballard, Vice President and Director, First Iowa State Bank, Albia, IA. Ian Ayres, William K.

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5 Reasons to Start CECL Implementation Now

Abrigo

Banks and credit unions also need to determine what data has been tested or historically reconciled to make sure that gaps and inconsistencies do not cause problems. See how the Bank of San Antonio eased its CECL transition. Portfolio Risk & CECL. Portfolio Risk & CECL. Portfolio Risk & CECL.

Resources 195