Abrigo

JULY 28, 2021

Why it makes sense to adopt CECL immediately SEC filers and experts recommend starting CECL implementation ASAP to have the best opportunity for a smooth transition. You might also like this resource: CECL Prep Kit. Benefits of earlier CECL implementation. Start Now’. Start now.” “At

CECL 78

CECL Credit Unions Credit and Collections Credit Risk 78

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Takeaway 1 A system for ongoing, independent credit risk review will not look the same from institution to institution. Recommendations for independent loan reviews.

Credit Risk 78

Credit Risk Credit Unions CECL Credit and Collections 78

Abrigo

FEBRUARY 14, 2024

Applying adverse scenarios while conducting stress tests or sensitivity analysis helps banks adjust risk management processes, capital planning, liquidity management, collateral valuation processes, and workout procedures to prepare for credit risk problems before they impact earnings and capital.”

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

MARCH 21, 2024

Valuation, CECL , and Income Recognition (Day 2) are interconnected. Partnering with a fair value firm can be a game-changer for credit union mergers. Adopt a straightforward format for post-CECL fair value disclosures and valuations with this whitepaper.

Credit Unions 88

Credit Unions CECL Credit Risk Transactions 88

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

CECL 78

CECL Credit Risk Credit Unions Small Businesses 78

Abrigo

JANUARY 24, 2024

How will the acquired portfolio impact your CECL calculations and processes? For example, adopting the current expected credit loss standard (CECL) required a well-planned strategy and ample time dedicated to the operational and technical transition.

CECL 78

CECL Credit Risk 78

Abrigo

NOVEMBER 17, 2023

Many frustrations with the loan application process and underwriting are tied to bank and credit union reliance on manual or paper-based systems. Download this infographic to see how construction loan management compares using a spreadsheet-based systems and a software solution.

Credit Unions 88

Credit Unions CECL Credit Risk Credit and Collections 88

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. You might also like this 7-step guide to a successful software implementation.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

APRIL 12, 2023

Building a strong credit review process A critical element of monitoring is an organization’s credit risk rating system. This blog will examine credit review in more detail. DOWNLOAD Takeaway 1 Loan review, or credit review, must be timely, thorough, and accurate to meet regulatory requirements.

Credit Risk 78

Credit Risk Credit and Collections CECL 78

Abrigo

AUGUST 10, 2023

Streamline the CECL calculation. To learn more about the PD/LGD approach and the pros and cons of using it under the Current Expected Credit Loss Model (CECL), download this infographic, CECL Methodologies: Pros and Cons for Your Portfolio.

Default 78

Default CECL Credit Risk 78

Abrigo

MARCH 13, 2024

keep me informed Download Success story Loan review is critical for identifying emerging credit risks. Learn how Heritage Bank cut days off its processes. Achieve double-digit efficiency gains and reduce losses with Abrigo's automated loan review software. Want to learn more? Talk to a specialist.

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

Abrigo

APRIL 25, 2024

Takeaway 3 With lower interest rates nowhere in sight, lenders need to monitor and adjust lending and underwriting strategies based on their own institution’s credit risk profile. You might also like this guide for smarter, faster small business lending. 1 appeared first on Abrigo.

Small Businesses 88

Small Businesses Credit Unions Credit Risk CECL 88

Abrigo

SEPTEMBER 24, 2015

The Financial Accounting Standard Board’s proposed move to the current expected credit loss, or CECL, is top of mind for many of the bankers and industry experts attending the 2015 Risk Management Summit presented by Sageworks. In the meantime, though, he said institutions should be gathering data now. We have tons of data.

CECL 84

CECL Credit Unions Credit and Collections Credit Risk 84

Abrigo

JUNE 28, 2024

Prepare with this checklist: 4 Areas to check before bank and credit union exams. DOWNLOAD Strategies for 2024 Key components of managing interest rate risk These five areas of focus can help financial institutions improve their standing and prepare for the future. Upcoming exam?

CECL 78

CECL Credit Unions Credit Risk 78

Abrigo

JUNE 27, 2024

Show your board of directors and leadership an outline of what it will take to prepare for FedNow at your institution. Show your board of directors and leadership an outline of what it will take to prepare for FedNow at your institution.

Transactions 88

Transactions CECL Credit Unions Credit Risk 88

Abrigo

OCTOBER 21, 2020

To see more details on these loss rates, download our report here or contact info@trepp.com. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. From CRE to Corporate Culture – BIG Ideas from 2020 ThinkBIG: Manage Risk.

CECL 125

CECL Credit Risk Default 125

Abrigo

MAY 24, 2024

Show your board of directors and leadership an outline of what it will take to prepare for FedNow at your institution.

Credit Unions 97

Credit Unions CECL Credit Risk Transactions 97

Abrigo

APRIL 7, 2023

DOWNLOAD Takeaway 1 Loan review automation can help reduce or eliminate common efficiency problems that financial institutions face. Making a case for greater efficiency Loan review automation eliminates manual processes, saving time and reducing human error. Here's what to say when presenting a case for software at your institution.

Credit Risk 78

Credit Risk CECL 78

Abrigo

MARCH 13, 2023

Stress testing & deposit strategies in the spotlight The failure of Silicon Valley Bank offers other financial institutions the chance to reassess their approaches to and management of interest rate risk, liquidity risk, and credit risk. Liquidity remains the one risk that is hard to fix once broken.

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

JANUARY 3, 2023

During a recent construction lending webinar , lending and credit risk expert Dev Strischek of Devon Risk Advisory Group outlined the keys to construction loan success. Strischek included the following information, which can help lenders avoid risk before the project begins—by planning ahead at the closing table.

Credit Risk 78

Credit Risk CECL Law Firms Credit Unions 78

Abrigo

MARCH 17, 2022

But small banks and credit unions can benefit from the stress test scenarios, too. Takeaway 1 The 2022 stress test scenarios released by banking regulators for DFAST institutions can help smaller banks and credit unions analyze the potential impact of adverse outcomes. Download Infographic. Portfolio Risk & CECL.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

NOVEMBER 2, 2022

DOWNLOAD . Lending & Credit Risk. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk. Portfolio Risk & CECL. Lending & Credit Risk. Here's what to look for in a software. Watch Webinar. Construction Lending. Learn More.

Credit Risk 78

Credit Risk CECL Credit and Collections 78

Abrigo

AUGUST 24, 2023

Read about four areas likely to receive examiner atttention in upcoming exams keep me informed Download We can help you navigate changing interest rate environments. Blog Asset/Liability Credit Risk Management Lending & Credit Risk Q&A: What “higher for longer” interest rates mean for U.S.

Credit Risk 78

Credit Risk CECL Credit Unions 78

Abrigo

JANUARY 25, 2022

Change Management Helps Financial Institutions with Digitalization Bank and credit union executives who manage the people side of digital transformation have more success. . Takeaway 2 Look for signs that indicate a planned software implementation or other technology change might be at risk of failure or poor return on investment. .

Credit Unions 78

Credit Unions CECL Credit Risk Transactions 78

Abrigo

APRIL 7, 2022

You might also like this webinar, "Mergers & Acquisitions in a CECL Environment." For example, adopting the current expected credit loss standard (CECL) requires a well-planned strategy and ample time dedicated to the operational and technical transition. Download this three-step AML checklist for mergers and acquisitions.

CECL 78

CECL Credit Unions Transactions Credit Risk 78

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.

Credit Unions 97

Credit Unions Small Businesses Credit and Collections Credit Risk 97

Abrigo

MAY 10, 2021

This credit risk analysis should incorporate custom metrics for the financial institution, real-time credit scores imported, as well as a global debt-service coverage ratio when necessary. You might also like "Leading a Successful Software Implementation" DOWNLOAD whitepaper. Lending & Credit Risk.

CECL 78

CECL Credit Risk Credit Scoring 78

Abrigo

MAY 2, 2024

DOWNLOAD Takeaway 1 Your loan policy sets the tone for the institution's approach to risk appetite, risk tolerance, lending philosophy, and organization of the lending function. You might also like this guide for smarter, faster small business lending.

Small Businesses 88

Small Businesses Credit Risk Credit Unions CECL 88

Abrigo

DECEMBER 1, 2020

If the borrower does need to fill out the form, the lender will need to download the appropriate form (either for a for-profit business or a non-profit firm) and send it to the borrower within five days of receiving the SBA notice. Lending & Credit Risk. Portfolio Risk & CECL. Lending & Credit Risk.

CECL 78

CECL Credit Risk Dashboards Small Businesses 78

Abrigo

DECEMBER 17, 2021

DOWNLOAD WHITEPAPER . Download Guide. Lending & Credit Risk. Portfolio Risk & CECL. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. Risk Ratings. Learn top best practices for leading a successful software implementation.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.

Credit Unions 78

Credit Unions Small Businesses Credit and Collections Credit Risk 78

Abrigo

DECEMBER 13, 2019

After pricing the loan to be competitive in the market, assigning credit risk value, and adding up annual service fees, the ROE falls short of the 10% goal at 4.85% and the ROA is just shy of the 1% target at 0.97%. CECL Regulation. Lending & Credit Risk. Portfolio Risk & CECL. Learn More.

CECL 78

CECL Credit Unions Credit Risk 78

Abrigo

APRIL 12, 2021

You might also like this report on commercial loan automation systems DOWNLOAD. Takeaway 2 Once a bank or credit union understands the need for an LOS, it develop one or use a third-party vendor. Credit Analysis Training. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk.

Credit Unions 135

Credit Unions Credit Risk Credit and Collections Cybersecurity 135

Abrigo

OCTOBER 4, 2022

DOWNLOAD . Takeaway 1 Banks and credit unions can increase earnings in a rising-rate environment with careful asset/liability management. Lending & Credit Risk. Portfolio Risk & CECL. Lending & Credit Risk. Portfolio Risk & CECL. keep me informed. Whitepaper.

CECL 78

CECL Credit Unions Credit Risk 78

Abrigo

FEBRUARY 14, 2023

You might also like this checklist for preparing for the CFPB 1071 rule DOWNLOAD Takeaway 1 Bank and credit union executives are worried about complying with the CFPB's upcoming final rule on small business loan application data.

Small Businesses 78

Small Businesses Credit and Collections Credit Unions Credit Risk 78

Abrigo

DECEMBER 2, 2021

Lending & Credit Risk. Portfolio Risk & CECL. Credit Risk Management. Lending & Credit Risk. Streamline loan review. Learn how to satisfy regulators and yield more useful information in this whitepaper, "Effective Loan Review". Asset/Liability. Fraud Prevention. Budget Surplus?

Credit Unions 78

Credit Unions Credit Risk CECL Transactions 78

Abrigo

JUNE 7, 2021

Risks ALM Addresses Will Affect Performance and Strategy Asset/liability management models and processes address credit risk, liquidity risk, and interest rate risk. . Takeaway 1 The pandemic has shown that financial institutions deal with a variety of risks that can impact cash flow and capital. .

Credit Unions 78

Credit Unions Credit Risk CECL 78