Gonzobanker

JUNE 1, 2023

The strong Gonzo Bankers have managed through the short-term challenges of slowing deposit outflows, shoring up liquidity and capital positions, and communicating with customers. It’s important to demonstrate that management is deeply engaged in responding to outside conditions and all the bank’s stakeholders.

Capital 151

Capital Strategy social media Analysis 151

Abrigo

SEPTEMBER 5, 2023

Portfolio segments should be monitored and managed, not get buried in exception counts. This is particularly true of credit exceptions related to account management (e.g., As the FDIC said recently: Exceptions to policy should be few in number and properly justified, approved, and tracked. It just stays on forever.

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

MARCH 25, 2020

Garver Moore, Managing Director of Abrigo Advisory Services, said the regulators’ statement provided helpful communication for community financial institutions and their borrowers and members during the responsive phase of the pandemic. Modifications not automatically TDRs. Get support on Coronavirus-related issues. speak to a specialist.

FDIC 150

FDIC Regulation Exercises Community 150

Abrigo

MARCH 17, 2022

Agencies note that existing guidance, including that covering interest rate risk management, commercial real estate concentrations, and funding and liquidity management (among others), continues to apply. Prudent stress testing as a risk management tool helps the enterprise see where the potential pitfalls are in their plans.

Capital 195

Capital Regulation Risk Management Community 195

Abrigo

NOVEMBER 3, 2014

The challenge, as Fischer mentions, is many board members at smaller banks see their self-assessments as routine, “check-the-box” exercises. Access to management and regulators – Is there a need for increased interactions? In addition, bank boards perform annual self-assessments.

Meeting 170

Meeting Policies Training Exercises 170

CFPB Monitor

JUNE 1, 2020

In its analysis accompanying the final rule, the OCC observed that, while Section 85 clearly establishes a national bank’s authority to make and transfer loans, it does not expressly address how the exercise of that authority affects the interest term. The FDIC has not yet acted on its proposal.

FDIC 78

FDIC National Lending Analysis 78

Abrigo

FEBRUARY 8, 2024

Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior. As financial transactions become increasingly digital, consumers and businesses must be equipped with the knowledge to navigate day-to-day business securely.

Fraud 195

Fraud Resources social media Software 195

CFPB Monitor

AUGUST 4, 2020

Among other things, the examination procedures instruct examiners on how to assess the effectiveness of a bank’s compliance management system in managing UDAP and UDAAP risks, and provides red flags and risk indicators that can be used to identify acts or practices that may raise UDAP/UDAAP concerns.

Handbook 78

Handbook Regulation CA Exercises 78

Jeff For Banks

AUGUST 2, 2021

2/ @Schornack The primary asset of the organization was Flagship Bank Minnesota, a Member FDIC and Equal Housing Lender with two locations in the Twin Cities Metro Area. 14/ @Schornack Strong expense management structures allow the SMB more flexibility then to further invest in strong staff and improved client experiences.

Community Bank 78

Community Bank Community Minnesota Metro 78

Jeff For Banks

AUGUST 2, 2014

Aside from the clear lack of analytic rigor you exercised to come to this conclusion, it is important to remind you that estimating future negative events that impact our capital is guesswork. In the management section, you had two items for us: our succession plan and strategic risk. You opined they lacked analytic rigor.

Regulation 89

Regulation DC FDIC Analytics 89

FICO

DECEMBER 20, 2018

The annual exercise of staring into our crystal balls and making predictions for the coming year has begun. We began to see a resurgence in small-dollar lending in 2018 with new regulatory guidance from the OCC and FDIC encouraging banks to compete with payday lenders. Payday Lenders Will Face More Robust Competition.

Trends 73

Trends Lending Fraud Exercises 73

Jeff For Banks

APRIL 29, 2021

I will be attending the Financial Managers Society FMS Forum this upcoming June. But for this exercise, I leaned on my family. The subtitle came from a virtual conference where Jelena McWilliams, the FDIC Chair, said those words. I attended the Pennsylvania Bankers' Association Women in Banking Conference the next day.

Conference 78

Conference social media Capital Marketing 78

Abrigo

NOVEMBER 22, 2021

Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. Numerous regulatory resources go into detail, including fair lending videos from the FDIC and examination procedures published on the Consumer Financial Protection Bureau’s website.

Compliance 195

Compliance Lending Risk Management Regulation 195

Independent Banker

JANUARY 31, 2023

Sound compliance management requires consistent written disclosures, procedures and actual practices. The CFPB exercises direct supervision and examinations for banks with total assets over $10 billion, whereas most community banks are directly supervised by the FDIC, Federal Reserve or OCC,” Marshall says.

Community Bank 91

Community Bank Community Compliance Regulation 91