Abrigo

FEBRUARY 12, 2025

Reduce approval layers According to the FDIC, 73% of banks have at least three levels of approval for small business loans. Simplify underwriting criteria and eliminate unnecessary documentation. 62% even require board approval. Removing excessive approval layers can significantly speed up loan decisioning.

Lending 195

Lending Risk Management Community Fintech 195

Abrigo

MARCH 18, 2025

Office of the Comptroller of the Currency (OCC) & Federal Deposit Insurance Corporation (FDIC) Supervise banks and credit unions for compliance and risk management related to payment systems. Consumer Financial Protection Bureau (CFPB) Regulates consumer payment protections under Reg E and related laws.

System 195

System Payments Fraud Regulation 195

Perficient

AUGUST 9, 2022

Greenwood operates completely online, but they partner with FDIC-insured banks and are part of a global ATM network that allows members to use more than 100,000 ATMs fee-free when they need to withdraw and deposit physical cash and checks.

Community 275

Community Customer Experience ATM Examples 275

Abrigo

FEBRUARY 8, 2024

Some options include: In-person fraud prevention seminars, either held at a branch location or a local community center. Ideas for banking fraud awareness Ways financial institutions can provide fraud education So, how do banks and credit unions go about teaching customers and members the actions they can take to head off and detect fraud?

Fraud 195

Fraud Resources social media Software 195

Jeff For Banks

OCTOBER 29, 2016

In my firm's most recent podcast , we discussed the recently released FDIC Summary of Deposits data that showed, with all of the negative price surrounding large financial institutions, FDIC-insured banks with >$10 billion in assets moved from an 80.6% deposit market share in 2012 to a 80.7%

Training 60

Training FDIC Community Resources 60

Filene

OCTOBER 3, 2016

A 2013 FDIC National Survey of Unbanked and Underbanked Households showed that more than 30% of household members under the age of 24 are unbanked—significantly higher than older generations. Low-income teenagers in particular are living in financial service deserts.

Video 64

Video Millennials Training Resources 64

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% For instance, they could offer light advisory services or seminars to business owners who have working capital lines of credit. Streamline the loan decision process by investing in technology.

Community 40

Community Lending Capital Conference 40