Abrigo

JANUARY 19, 2015

The BASEL Committee, in a January 2014 article , acknowledged four components of a capital planning process: 1. Capital policy and risk structure 3. Internal control and governance 2. Forward-looking review 4. Management framework for preserving capital.

Credit Unions 89

Credit Unions CECL Credit Risk 89

Abrigo

JANUARY 18, 2017

Indeed, almost half of owners of small and medium businesses surveyed in 2014 said they wanted a CPA who is proactive in helping them plan and implement technology changes, but almost 80 percent said their current CPA isn’t helping in this regard.

Days Sales Outstanding 88

Days Sales Outstanding Credit and Collections Credit Card Payments Dashboards 88

Abrigo

AUGUST 20, 2015

According to recent data from the Agricultural Finance Databook , non-real estate farm loan volumes continued to rise in the second quarter of 2015, increasing by five percent over the second quarter of 2014. The Fed report said that average risk rating for all farms loans was approximately three, meaning moderate risk.

Credit Risk 60

Credit Risk Credit Unions 60

Abrigo

OCTOBER 29, 2014

• Reasonable interest rate risk limits. • Liquidity risk management and adequacy of contingency funding plans. Credit Risk: The OCC states that the low interest rate environment, modest loan demand and lower revenue from fees is forcing banks to adapt and come up with new business models and increasing risk tolerances.

Credit Risk 94

Credit Risk 94

Abrigo

DECEMBER 30, 2019

One of the more important takeaways from 2019 is that all institutions, regardless of size or risk profile, must have a strong culture of compliance, as directed by FinCEN’s advisory in 2014. Lending & Credit Risk. Portfolio Risk & CECL. Cyber Complications for Vendor Risk Management. Learn More.

Law Firms 78

Law Firms CECL Transactions Credit Risk 78

Abrigo

AUGUST 28, 2022

The most recent Iowa Farm and Rural Life Poll on farmers’ use of communications and computing technologies found in 2020 that 66% of farmers said they use a smartphone, up from 30% in 2014. Forty-one percent use a tablet computer like an iPad that has mobile access to the Internet, up from 19% when the question was first asked in 2014.

Credit and Collections 78

Credit and Collections Credit Unions Credit Risk 78

Abrigo

NOVEMBER 10, 2020

Key Takeaways FinCEN has issued a new advisory in identifying and reporting human trafficking, supplementing its 2014 guidance. In addition to the original 10 red flags in the 2014 guidance, FinCEN identified 10 more indicators FinCEN noted ten behavioral indicators FIs should be aware of. Lending & Credit Risk.

Credit Risk 131

Credit Risk CECL Transactions 131

CreditStrong for Business

MARCH 23, 2023

However, more options are typically available to borrowers with thin credit profiles than to borrowers with a bad credit score because of a historical poor repayment history. There are many different types of credit scores, as providers create them to serve different purposes. What Is a FICO Score?

Credit Scoring 59

Credit Scoring Credit Reporting Agencies Credit Card Companies Credit Risk 59

Fundera

JANUARY 21, 2016

It didn’t have much of a following, though, until the Small Business Administration started using the score in its 7(a) loan application process in 2014, which was a pretty big deal. As we mentioned earlier, the SBA started taking the FICO SBSS into account when considering applications for its 7(a) loan program in 2014. Okay, okay.

Credit Scoring 59

Credit Scoring Small Businesses Credit and Collections Credit Card Payments 59