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Kleptocracy – What Does it Mean to Community Financial Institutions?

Abrigo

What about our small to mid-sized community financial institutions? Many community financial institutions believe that kleptocracy is not a risk for their institution’s profile as they conduct few foreign transactions, such as wires and ACHs. The post Kleptocracy – What Does it Mean to Community Financial Institutions?

Community 265
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Community Bank Performance – 2Q Lessons

South State Correspondent

In this article, we analyze the underlying data for community banks and focus on the Chairman’s view of the future of bank performance. Community banks were challenged with increasing deposit costs and a lower increase in loan yield than the industry average, leading to a decline in NIM.

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Food for Thought: A Policy on Credit Exceptions

Abrigo

When and how to cite credit exceptions A policy on credit exceptions can address many factors that can lead financial institutions to diverge from loan policy and miss signs of potential trouble. Takeaway 3 A credit exception policy should spell out what one is, when it can be used, and how to clear it.

Policies 195
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Preparing For the 7 Waves From The Fed Hike

South State Correspondent

For the past 14 years, the monetary policy in the U.S. This regime is now changing, and community banks need to position their lending and deposit portfolios for a period of monetary tightening. This regime is now changing, and community banks need to position their lending and deposit portfolios for a period of monetary tightening.

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FinCEN Releases AML/CTF Priorities: Implications for Community Financial Institutions

Abrigo

Takeaway 1 FinCEN published its first list of priorities for AML/CFT policy, as required by the Anti-Money Laundering Act of 2020 (AMLA). Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. Would you like others articles like this in your inbox? financial system.

Community 195
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Perficient Named one of Charlotte’s 2020 Best Places to Work

Perficient

The Charlotte Business Journal runs this program each year to recognize outstanding companies whose benefits, policies and practices are among the best in the region. The Impact of Community Service. When they aren’t out in the community helping others, the team can be found enjoying all that Charlotte has to offer.

Charlotte 508
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Red Hat Acquires StackRox, Key To Containers and Kubernetes-Native Security

Perficient

This means enterprises can more easily control and enforce policies using the same approach to Kubernetes to scale their applications while maintaining the necessary security. They will continue to support the KubeLinter community as well as new communities as Red Hat works to open source StackRox’s offerings.

Security 433