Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

Community Bank 159

Community Bank Community Fintech Risk Management 159

Jeff For Banks

JANUARY 26, 2023

I recently spoke to a community group, and subsequently a community bank all-staff meeting regarding the definition of a community bank. The FDIC has defined community banks in their December 2020 Community Banking Report that either exclude or include the following criteria: Seems complicated.

Community Bank 147

Community Bank Community FDIC Risk Management 147

Abrigo

JULY 25, 2017

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. In other words, HVCRE is all ADC loans except for loans that meet certain criteria. How did we get here? What are HVCRE loans? Raw land - 65% 2.

Risk Management 150

Risk Management Management Capital Lending 150

Abrigo

OCTOBER 23, 2014

But how can this growth be managed appropriately? Community banks certainly want to remain conservative with risks and follow regulations. As a result, many are seeking growth in these areas, and others, as the recent financial crisis falls into the more distant past.

Risk Management 186

Risk Management Management Lending Resources 186

Abrigo

AUGUST 6, 2021

How can community financial institutions thrive in 2021? Community banks provide unique and important banking services for their customers, but they also face significant obstacles. Takeaway 1 Community banks play an important role in the economy and their communities, but they face significant obstacles.

Community Bank 195

Community Bank Community Kansas City Lending 195

Abrigo

FEBRUARY 6, 2025

Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. Investment accounting compliance not only minimizes operational risks but also reduces regulatory scrutiny.

Compliance 195

Compliance Technology Operations Risk Management 195

Abrigo

MAY 8, 2015

In recent months, the momentum around reducing the regulatory burden on the nation’s community banks has continued to gain steam. However, the regulatory landscape continues to evolve, leaving resource-constrained community banks to cope with new demands. The second idea is community bank exemption from the Volcker Rule.

Community Bank 150

Community Bank Community How To Meeting 150

Abrigo

DECEMBER 22, 2023

download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Abrigo

FEBRUARY 25, 2025

Automation fosters efficiency, accuracy, and the support that community businesses need. It can automatically access credit scores and run loan details and borrower information against the financial institutions risk management policies.

Lending 195

Lending FDIC Policies Analysis 195

ABA Community Banking

MARCH 18, 2020

Amid the global coronavirus pandemic—and a massive response by policymakers—how can community banks best meet customer and employee needs while managing their balance sheets and loan portfolios? The post Podcast: A Community Bank Coronavirus Playbook appeared first on ABA Banking Journal.

Community Bank 109

Community Bank Community Meeting Management 109

Abrigo

NOVEMBER 10, 2014

According to CB Insight , community bankers felt Q3 was a light one in terms of regulatory compliance. In addition, there was a 26 percent increase in the number of hours needed to meet these regulatory changes, which results in an average of 1.86 However, community banks are well equipped to solve this issue. Involve the Board.

Risk Management 170

Risk Management Community Bank Compliance Community 170

Independent Banker

MAY 31, 2022

Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge. Fraud and cyber attacks are on the rise, and at great expense to the industry.

Community Bank 134

Community Bank Community Fraud Texas 134

Abrigo

APRIL 18, 2025

Software providers work together to improve treasury teams' workflows Integrating ledger accounting and risk management software offers treasury departments for banks and credit unions a streamlined workflow without a heavy IT lift. See how our investment accounting software can help simplify accounting complexities.

195

195

Abrigo

MARCH 31, 2017

Commercial real estate lending continues to receive regulatory scrutiny and reminders for financial institutions to practice solid risk management. Eberley, director of the FDIC's Division of Risk Management Supervision wrote in the publication. Image credit: Benjamin Child via Unsplash.

FDIC 186

FDIC Risk Management Analysis Lending 186

PYMNTS

NOVEMBER 17, 2017

And yet, sometimes community banks, opt to stick to their lending knitting, forfeiting the potential to earn non-interest revenue and cementing their ties with both individual and corporate customers. The community banking model is based on customer relationships and the allocation of capital and extending loans.

Community Bank 115

Community Bank Community Cards Lending 115

Abrigo

DECEMBER 28, 2023

Top banking risk management papers and infographics Abrigo experts' insights on deposit pricing, stress testing, loan review, and CECL were popular with banking risk professionals. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Here are the top resources.

Resources 221

Resources Risk Management eBook Strategy 221

South State Correspondent

JUNE 25, 2024

In a previous article [ here ] we discussed why community banks need product managers to ensure that financial products and services are effectively developed, launched, and managed to meet customers’ evolving needs and the bank’s risk and profitability goals. Not all customers are the right fit for the product.

Lending 195

Lending Management Community Bank Community 195

South State Correspondent

APRIL 30, 2024

An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks do this profitably by turning transactional accounts into relationships.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks do this profitably by turning transactional accounts into relationships.

Community Bank 195

Community Bank FDIC Community National 195

Jack Henry

OCTOBER 22, 2014

This helps me understand the FI’s products/services, business culture, and face to the community. I also like to check for staff pictures on the chance that I can put a face with a name for the particular employee that I am working with on IT regulatory compliance and risk management efforts.

Community 83

Community Meeting Compliance social media 83

Abrigo

APRIL 12, 2016

Directors overseeing a bank’s operations are important partners in supervisory efforts, the FDIC noted in the article (“A Community Bank Director’s Guide to Corporate Governance: 21st Century Reflections on the FDIC Pocket Guide for Directors.”). Risk management culture What exactly is a risk management culture?

Management 150

Management FDIC Risk Management Community Bank 150

Perficient

JANUARY 30, 2024

Learn More: Risk and Reputation Matter Meet Carolyn Introduce yourself and provide an overview of your role at Perficient: I am a project manager within Financial Services (FS). I joined Perficient through the Management Consulting business unit and started with FS a year ago.

Innovation 221

Innovation Risk Management Meeting Management 221

Abrigo

APRIL 19, 2016

In the paper, the OCC defined responsible innovation as: The use of new or improved financial products, services, and processes to meet the evolving needs of consumers, businesses, and communities in a manner that is consistent with sound risk management and is aligned with the bank’s overall business strategy.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Takeaway 3 Financial institutions can use focused tech spending to make sure solutions will meet needs and provide appropriate ROI. Don’t be Southwest Airlines.

Technology 195

Technology Lending Community Software 195

PYMNTS

MARCH 12, 2020

Equiniti Eyes APIs for Risk Management. Equiniti Group recently revealed its adoption of Codat’s accounting integration API for its Equiniti Riskfactor solution, a tie-up that will see Equiniti’s risk management operations embrace API technology to promote automatic data sharing from small businesses.

Lending 194

Lending Risk Management Fintech Community 194

South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

How To 195

How To Community Bank Community FDIC 195

Perficient

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Control Testing and Gap Analysis: Evaluate controls to gauge their effectiveness in mitigating risks.

Compliance 221

Compliance New York Regulation Analysis 221

Abrigo

JUNE 4, 2024

You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance." Takeaway 3 Attracting new and younger customers is a top priority for community financial institutions. The panel provided a few ideas on balancing services to meet these customers' needs.

Compliance 221

Compliance Community Community Bank Conference 221

South State Correspondent

JUNE 22, 2023

Conducting an Effective Meeting – The L10 You have undoubtedly been bored on a Zoom call and counted up the cost of an internal meeting. According to the last Readytalk survey, bankers spend an average of 33% of their time in meetings having 62 meetings each month for 31 hours of questionable productivity.

Tools 195

Tools Meeting Management Leadership 195

Abrigo

JUNE 5, 2015

Sorrentino says, “As the backbone of the US economy, our nation’s growth depends on community banks figuring out how to operate in this ever-increasing regulatory environment. It will require transparent communication and consideration of examiners on all levels of the bank’s functions.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

Perficient

FEBRUARY 15, 2024

The NYSDFS Part 500 amendments signal a crucial shift in the financial services regulatory landscape and underscore the importance of robust governance, risk management, and compliance frameworks. Control Testing and Gap Analysis: Evaluate controls to gauge their effectiveness in mitigating risks.

New York 221

New York Compliance Regulation Analysis 221

Abrigo

JUNE 7, 2021

Banks and credit unions that continue to use their ALM models to manage risk and plan strategically during the projected recovery will generate sustainable earnings that allow them to maintain capital to grow, add shareholder return, or continue bringing value to their communities in other ways. Which risks does ALM address?

Management 195

Management Risk Management Capital Regulation 195

Abrigo

APRIL 1, 2015

While the larger banks are receiving the bulk of attention, boards at smaller, community banks are realizing that they’re not immune to this heightened attention. Meetings between regulators and directors have increased, sometimes happening more frequently than the board itself meets. How complex is the bank’s operating model?

Risk Management 150

Risk Management Community Bank Regulation Management 150

South State Correspondent

JULY 29, 2024

Regardless of who wins, our national debt will continue to increase, and community banks should be prepared for its consequences. Our discussion below focuses on 10 year (and longer trends) and not on the FOMC’s next few meetings. The ability to predict and measure risk-adjusted return on equity will be paramount for bank survival.

Community Bank 195

Community Bank Community US Taxes 195

Abrigo

FEBRUARY 27, 2020

This means having processes and people in place for bringing in borrowers, identifying the right loans to book, pricing them correctly, and closing loans quickly and efficiently enough to meet customer needs and institutional goals. The types of inefficiencies and delays are those that can also result in unhappy customers and staff.

Lending 243

Lending Survey Data System 243

Independent Banker

JUNE 30, 2022

While it has had some benefits, like stronger risk management for our banks, it has made the customer process much more daunting. But community banks have adapted to address that shift. So, while this next round of uncertainty will bring with it new challenges, the strength of the community bank business model remains intact.

Lending 141

Lending Idaho Nevada Oregon 141

Abrigo

DECEMBER 17, 2021

Many financial institutions that were already on the path of digitalization have continued expanding their digital offerings to meet the needs of their customers and members. For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards.

Fintech 195

Fintech How To Innovation System 195