Abrigo

DECEMBER 19, 2019

Due to new and emerging technologies, changing regulations, and ever-evolving customer expectations, banks and credit unions across the country are taking an assortment of different strategies to achieve their growth goals in 2020. In 2008, there were 7,061 FDIC-insured commercial banks in the U.S.

Lending 195

Lending Fraud Community FDIC 195

Abrigo

DECEMBER 9, 2014

Community banks are expanding their loan portfolios to include more small business loans, according to the most recent Community Bank Performance report by the FDIC. Loans across categories increased, with commercial and industrial loans growing at the fastest rate, roughly 5.3 percent over the 3rd quarter of 2013.

Training 170

Training Policies Analysis Community Bank 170

Jeff For Banks

OCTOBER 4, 2014

We do it by implementing "me too" or business as usual strategies in a changing world. Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. The other day I was in a strategy discussion formulating the tasks to execute strategy. And I believe him. We do it by dismissing change.

Technology 104

Technology Cyber Security FDIC Strategy 104

Abrigo

FEBRUARY 8, 2024

The FTC and the OCC have resources available for financial institutions to use for client education, and so do other agencies and groups: The FDIC has a fraud education web page for students, parents, and teachers to help young people learn ways to protect themselves and to quiz youngsters on spotting scams.

Fraud 195

Fraud Resources social media Software 195

Independent Banker

APRIL 30, 2022

Whether it’s products and services, technology strategies or employee benefits, independent community banks decide on their own terms what’s best for their business and their customers. Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. What fits one does not fit all.

Community Bank 172

Community Bank Community Montana Taxes 172

Jeff For Banks

JULY 24, 2010

But because financial information on competitors is so readily available in banking (we must report to the FDIC our quarterly results and it is available to all), we become over-reliant on them. But UBPRs are done by asset size and region. My company uses them to determine where a company is at a point in time. That came first.

Groups 60

Groups Portland Strategy Oregon 60

FICO

DECEMBER 20, 2018

Indeed, we are already starting to see signs of distress among community and regional banks that lack the advertising budgets and sophisticated digital capabilities of the big national banks. In response to this competitive pressure, top 100 banks will invest in an area that has been neglected for too long — deposit pricing strategy.

Trends 73

Trends Lending Fraud Exercises 73

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Additionally, if recent trends are any indication, physical bank branches stand to lose a lot of ground in the near future.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Jeff For Banks

FEBRUARY 3, 2018

In 2013, there were 6,812 FDIC-insured financial institutions. That yielded 291 total institutions, broken down by region. Some regions are experiencing slightly elevated non-performers from the previous year. Are these anomalies due to region, competition, or business models? I'm sure that strategy works well.

Taxes 60

Taxes Regional Industry Trends 60

American Banker

OCTOBER 3, 2016

Total deposits at U.S. banks climbed nearly 6% year over year, to $11.3 trillion, even as the total number of banks and branches declined.

FDIC 49

FDIC Branch Strategies Community Bank Regional 49

FICO

JANUARY 6, 2020

top 100 banks will invest in an area that has been neglected for too long — deposit pricing strategy.”. 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.”. Digital Transformers Will Realize They Have a Silos Problem. “In

Data 52

Data Analytics Lending Trends 52

CB Insights

DECEMBER 4, 2019

While the anticipation for Amazon’s plunge into banking gets louder each year, it’s important to first understand Amazon’s existing strategy in financial services — what Amazon has launched and built, where the company is investing, and what recent products tell us about Amazon’s future ambitions. Closing thoughts.

Cards 101

Cards Lending Strategy US 101

Independent Banker

FEBRUARY 24, 2016

State/Regional Partners Reception*. State/Regional Affiliate Associations & Exhibitor Receptions*. So we want our checking accounts to be FDIC insured. Monday, March 7. Registration/Banquet Reservations Desk. Concurrent Workshops. General Session. Lunch with Exhibitors in Expo. Roundtable Discussions. Tuesday, March 8.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

American Banker

AUGUST 31, 2016

Plenty of banks have ended their federal loss-share deals early, but despite the incentives to wind them down, plenty more still have these crisis-era arrangements in place. It may be due to varying deadlines, mistakes calculating loan values or worries that they still might need the coverage for home equity lines.

FDIC 28

FDIC CA Community Bank Regional 28

CFPB Monitor

JUNE 25, 2020

Until the FDIC and Board of Governors of the Federal Reserve System take action, state nonmember banks and state member banks will continue to comply with the current rule, as codified in 12 CFR Part 228 and Part 345. Small and intermediate banks must comply with the rule by January 1, 2024.

Community 97

Community Lending Meeting Retail 97

American Banker

DECEMBER 15, 2016

Popular Inc. in San Juan, Puerto Rico, will absorb another hit to its earnings tied to a dispute with the Federal Deposit Insurance Corp.

Puerto Rico 28

Puerto Rico FDIC Regional National 28

American Banker

OCTOBER 11, 2016

Large banks are outpacing community banks in deposit gathering because new liquidity rules make deposits more valuable to the biggest banks, mobile banking has been a deposit magnet for the heavyweights, and regional and midsize players hold certain advantages over smaller rivals, too.

Community Bank 28

Community Bank Regional Community Mobile 28

American Banker

OCTOBER 11, 2016

Large banks are outpacing community banks in deposit gathering because new liquidity rules make deposits more valuable to the biggest banks, mobile banking has been a deposit magnet for the heavyweights, and regional and midsize players hold certain advantages over smaller rivals, too.

Community Bank 28

Community Bank Regional Community Mobile 28

The Financial Brand

AUGUST 24, 2023

Regional bank failures and troubles in early 2023 may bear bitter fruit for the institutions in that size class and beyond that survived. This article How Proposed Capital Rules Could Hit Credit Cards, Mortgages and More appeared first on The Financial Brand.

Capital 29

Capital Cards Regional Branding 29

Banking 2020

MARCH 10, 2015

According to FDIC Data Calls as outlined in the Forbes , in the 4th Quarter of 2014, traditional banks’ commercial loan portfolios saw a 3.1% Banks could reverse engineer this strategy, and have their local branches act like independent small businesses. reduction, while alternative lenders experienced a 175% gain (FIGURE 1).

Community 40

Community Lending Capital Conference 40

American Banker

JANUARY 5, 2017

2016 was very good to these financial services executives, who succeeded where others failed, sold their businesses for large sums, felt the love of regulators or could finally breathe a sigh of relief.

Regulation 48

Regulation FDIC Community Bank Regional 48

American Banker

JUNE 20, 2016

Financial incentives leading firms to strengthen risk governance internally is better than regulators mandating risk management standards.

Risk Management 47

Risk Management Regulation Management FDIC 47

American Banker

JUNE 20, 2016

First Citizens BancShares in Raleigh, N.C., has terminated five of its nine loss-share agreements with the Federal Deposit Insurance Corp.

Raleigh 39

Raleigh FDIC Regional National 39

American Banker

AUGUST 29, 2016

Park Sterling in Charlotte, N.C., has negotiated an early termination of loss-share agreements with the Federal Deposit Insurance Corp. for about $15.5 million in assets.

Charlotte 34

Charlotte FDIC Community Bank Regional 34

American Banker

MAY 27, 2016

In addition to credit risk from leveraged loans and other types of assets, an added worry for participations is how they would be treated in a failure of the originating bank.

FDIC 31

FDIC Regional National Strategy 31

William Mills

SEPTEMBER 9, 2016

Demo: Customer Insight Dashboard for Regional Manager who can view their forward looking metrics such as customer attrition and look forward several quarters. This sounds like the best of both worlds – social funding for SMB’s with the backing of their FDIC-insurance bank. Built a solution called Customer Insight for banking.

social media 40

social media ATM Mobile Customer Experience 40

American Banker

DECEMBER 20, 2016

The banking system ultimately needs a balanced approach to capital, which allows banks to efficiently function while also maintaining financial stability.

Capital 28

Capital System FDIC Regional 28

American Banker

OCTOBER 12, 2016

Heightened regulatory scrutiny, stricter credit-quality reviews by buyers themselves, cautiousness over systems conversions and other factors have added about three weeks to deal closings in recent years. There are inherent risks in that trend and ways to minimize them.

Trends 28

Trends System FDIC Community Bank 28

American Banker

SEPTEMBER 15, 2016

BB&T in Winston-Salem, N.C., has terminated its loss-share agreement with the Federal Deposit Insurance Corp. tied to the 2009 failure of Colonial Bank.

FDIC 28

FDIC Regional National Strategy 28

American Banker

AUGUST 21, 2016

Bancorp is the latest big bank to offer an overdraft-free account. Skeptics are questioning how many Americans are benefiting from these products, and want banks to do more to market them.

Marketing 28

Marketing Branch Strategies FDIC Regional 28

American Banker

JUNE 10, 2016

A recent op-ed warning of the risks to participation holders in bank failures missed several important points about today's loan market.

Marketing 28

Marketing FDIC Regional National 28

American Banker

MAY 13, 2016

Approval from the Federal Reserve Board is all that stands between Bank of the Ozarks in Little Rock, Ark., and two acquisitions that will add $6.1 billion in assets.

FDIC 28

FDIC Community Bank Regional National 28

American Banker

APRIL 25, 2016

A decline in expenses and a modest rise in lending income boosted first-quarter profit at Popular in San Juan, Puerto Rico.

Puerto Rico 28

Puerto Rico Lending FDIC Regional 28

American Banker

APRIL 13, 2016

The world knows JPMorgan's quarterly profits fell and that it flunked the living wills test. But underneath all that were solid first-quarter results in its core lending businesses that bode well for other banks at the start of earnings season.

Lending 28

Lending FDIC Regional National 28

American Banker

MARCH 16, 2016

Loans outpacing GDP and the expressed optimism of CEOs on recent earnings calls are among the signs that growth figures are too good to be true.

FDIC 28

FDIC Community Bank Regional National 28

American Banker

FEBRUARY 26, 2016

The bank's approval last year to buy OneWest Bank included a condition to submit an updated Community Reinvestment Act plan, but the CRA program now being presented by CIT is far from adequate.

Community 28

Community California FDIC Regional 28

Jeff For Banks

SEPTEMBER 10, 2011

Neither supported this regional president''s opinion. In 1994, with a total of five banking offices in rural Arkansas markets, Bank of the Ozarks launched an aggressive growth strategy to expand the number of banking offices and product and service offerings. If our industry is to change, then who should be change agents?

Arkansas 65

Arkansas South Carolina FDIC Georgia 65