Abrigo

MAY 18, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." How broad a field does loan review need to plow to unearth potential credit risks and assess overall credit quality? Scope in loan reviewing What is the scope of an adequate loan review?

Credit Risk 78

Credit Risk Credit and Collections Default Credit Scoring 78

Abrigo

MARCH 13, 2024

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Takeaway 1 Engaging the bank or credit union loan workout team or an outside expert can help restore CRE loans in distress or mitigate their impact.

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

Your Virtual Credit Manager

JUNE 20, 2023

Special Offer: On June 26, 2023, at 1PM EDT, David Schmidt will be leading a live webinar covering “ Strategic Collections: Process Efficiency and Tactics to Drive Superior AR Performance.” In terms of extending credit, tightening credit controls to minimize the risk of bad debt loss is a natural result of this mindset.

Credit Risk 20

Credit Risk Bad Debt Credit and Collections AR Aging 20

Abrigo

SEPTEMBER 29, 2022

Essential technology for modern lending and credit departments. Learn more about what they are and how they help banks and credit unions gain needed efficiency in the loan administration process. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Stay up to date on credit risk.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Transactions 78

Abrigo

SEPTEMBER 28, 2022

Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Stay up to date on credit risk. Watch Webinar. keep me informed.

Credit Risk 78

Credit Risk Credit and Collections 78

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services.

Credit Unions 78

Credit Unions Credit and Collections Credit Risk Small Businesses 78

Abrigo

JUNE 23, 2023

You might also like this on-demand webinar on the new CFPB small business data collection rule Watch Takeaway 1 Banks and credit unions often face challenges implementing data warehouses and are not pleased with the result. Stay up to date on the CFPB 1071 data collection rule and other lending compliance topics.

Credit and Collections 78

Credit and Collections Credit Risk Credit Unions Dashboards 78

Abrigo

AUGUST 30, 2022

Expanding the commercial loan portfolio in today's market With the right strategies, banks and credit unions can expand their commercial loan portfolios successfully. You might also like this webinar on commercial lending strategy. Learn more about credit risk in a rising-rate environment in this video podcast.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Abrigo

DECEMBER 27, 2022

Or they claim their targets have won a foreign lottery or sweepstake, which they can collect for a "fee." Watch the webinar. Lending & Credit Risk. Portfolio Risk & CECL. The post 2023 Fraud trends: What banks and credit unions can expect appeared first on Abrigo. Update and adjust. Whitepaper.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit and Collections 78

Abrigo

NOVEMBER 2, 2022

Sorting, collecting, and integrating that data can be tedious—especially due to errors or the need to make other changes. Watch Webinar. Lending & Credit Risk. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk. Portfolio Risk & CECL.

Credit Risk 78

Credit Risk Credit and Collections CECL 78

Credit Tools

SEPTEMBER 7, 2022

Cash collection, credit risk management, dispute resolution, how to evaluate the performance of your company?

Credit Risk 52

Credit Risk 52

Abrigo

MAY 30, 2023

Timelines for small business loan data collection and reporting Deadlines for complying with the new CFPB section 1071 rule requirements for financial institutions to collect data on small business loan activities. Takeaway 3 The earliest deadline requires financial institutions to begin collecting data Oct.

Credit Unions 78

Credit Unions Credit and Collections Transactions Small Businesses 78

Abrigo

MAY 13, 2020

Key Takeaways While lenders are still awaiting further guidance on PPP loan forgiveness, the SBA has stated that lenders will have to submit an SBA Form 1502 to report on PPP loans and collect processing fees. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Learn More.

Dashboards 78

Dashboards Credit and Collections Credit Risk Small Businesses 78

Abrigo

JULY 20, 2021

In a recent survey of more than 250 bankers representing banks and credit unions, 61% of respondents said their financial institution plans to maintain or increase SBA lending this year and beyond. Offering SBA lending at the institution is a good way to “get in the door” with good credits. 1 and Sept.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Abrigo

JULY 20, 2021

In a recent survey of more than 250 bankers representing banks and credit unions, 61% of respondents said their financial institution plans to maintain or increase SBA loan origination this year and beyond. Offering SBA lending at the institution is a good way to “get in the door” with good credits. 1 and Sept.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Abrigo

JANUARY 11, 2022

You might also like this webinar, "ALM Basics: Best Practices in Measuring, Monitoring, and Controlling Interest Rate Risk" WATCH. Takeaway 1 ALM in banking means managing the cash flows of assets and liabilities to increase profitability, manage risk, and maintain safety and soundness. . A second ALM goal is to manage risks.

Credit Unions 78

Credit Unions Credit and Collections Credit Risk Default 78

Abrigo

JULY 30, 2019

Why is writing effective credit memos so vexing? Given that a credit memorandum is one of the most critical documents in the life of the loan, it would seem like a straightforward process. However, lenders, credit analysts, and other banking staff frequently seek tips for writing better credit memos.

Credit Risk 60

Credit Risk Credit and Collections CECL Credit Unions 60

FICO Blog

MAY 2, 2023

This will reduce consumer harm by reducing unaffordable lending decisions and inappropriate restructures within collections, by reducing the reliance on assumptions and averages within affordability calculations. I will be discussing Consumer Duty implications as part of my upcoming webinar about consumers and delinquencies.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk 52

Abrigo

FEBRUARY 5, 2021

You might also like this webinar: "Detecting PPP Fraud: Optimizing Your AML Solution". Andy Snow, Senior Vice President of Customer Success for Abrigo, a leading technology provider of compliance, credit risk, lending, and asset/liability management solutions to community financial institutions, said some lenders have been very frustrated.

Credit and Collections 78

Credit and Collections Credit Risk Small Businesses 78

Abrigo

JUNE 3, 2016

The Financial Accounting Standards Board’s (FASB) long-awaited final guidance on its new standard for measuring expected credit losses is expected to be released in June, a step that will be a major milestone in the multi-year development of the current expected credit loss (CECL) model. The replay of that webinar is available here.

Credit Unions 68

Credit Unions CECL Credit and Collections Accounting Firms 68

Abrigo

JANUARY 27, 2022

You might also like this webinar, "ALM Basics: Best Practices in Measuring, Monitoring and Controlling IRR" WATCH . Takeaway 2 If the market trends downward for long, banks and credit unions could actually see another increase in deposits. Lending & Credit Risk. Portfolio Risk & CECL. Interest Rates.

Credit Unions 78

Credit Unions Credit and Collections CECL Credit Risk 78

Abrigo

APRIL 21, 2020

million, with 450 in-process from current and new customers collectively seeking more than of $100 million in loans. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. CDFI rapidly implemented PPP loan processing platform. The bank began funding the loans April 15.

Small Businesses 78

Small Businesses Credit Risk Credit and Collections 78

Abrigo

MARCH 21, 2023

WATCH Takeaway 1 Earning more income and mitigating interest rate risk isn’t as simple as charging higher rates on loans and earning higher rates on the investment portfolio. Takeaway 2 Some banks and credit unions were late movers and are now scrambling to lock in funding for the short term to meet liquidity and capital needs.

Credit Unions 78

Credit Unions CECL Credit and Collections Credit Risk 78

Abrigo

FEBRUARY 10, 2021

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. Watch Webinar. There is significant revenue from each turbine and how many megawatts it generates and rent collections for roads used for transmission. Lending & Credit Risk. Lending & Credit Risk.

Credit Risk 78

Credit Risk Bankruptcy Credit and Collections 78

Abrigo

DECEMBER 23, 2022

The blog considers the potential consequences of using incorrect or misapplied models to conduct  stress testing , assess capital adequacy, estimate credit losses, or  monitor and manage high-risk customers. Liquidity risk Regulators expec t banks and credit unions to maintain adequate levels of liquidity. Learn more.

CECL 78

CECL Credit Unions Credit and Collections Credit Risk 78

Abrigo

DECEMBER 4, 2020

The first rule in the NPR is the Recordkeeping Rule , which requires financial institutions to collect and retain information on certain funds transfers and transmittals. There is belief that the burden of requiring information collection and retention for these transactions in not significant. Watch Webinar. keep me informed.

Credit and Collections 78

Credit and Collections Transactions Credit Risk 78

Abrigo

JUNE 29, 2017

During a recent Sageworks webinar , Linda Keith, CPA, covered the top questions she gets from bankers on k-1’s, pass-throughs and global cash flow analysis. Keith collected data from her website, where articles answering these questions collectively received over 66,700 views.

Credit and Collections 60

Credit and Collections Credit Unions Credit Risk 60

Abrigo

NOVEMBER 9, 2022

Takeaway 1 10% of banks and credit unions have completed CECL adoption, according to Abrigo's CECL implementation survey. With just weeks left to complete CECL implementation, how are banks and credit unions doing? What are their biggest challenges with the current expected credit loss model?

CECL 78

CECL Credit Unions Credit and Collections 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. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S.

Credit Unions 97

Credit Unions Small Businesses Credit and Collections Credit Risk 97

Your Virtual Credit Manager

JUNE 13, 2023

Open Credit Terms dominate the Business-to-Business (B2B) marketplace. Photo by Jamie Street on Unsplash There are two types of credit risk that arise from selling on open credit terms: Customers paying beyond terms (past due) reduce your cash flow. These bad debt losses can put your own business at risk of failure.

Credit and Collections 26

Credit and Collections Bad Debt Default Credit Risk 26

Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

Credit Risk 88

Credit Risk Credit Unions Credit and Collections Small Businesses 88

Abrigo

OCTOBER 9, 2014

C&I loans require a different type of financial data than the bank may be accustomed to collecting or analyzing. To understand borrower risk, the bank must collect and properly analyze business and personal tax returns including K-1s and financial statements for all entities. These include: • Different data sources.

Credit and Collections 94

Credit and Collections Credit Risk 94

Abrigo

AUGUST 18, 2020

Look at the customer due diligence ( CDD ) information or run a credit check to look for loan stacking , and make sure the number of employees makes sense for their payroll. Lending & Credit Risk. The coronavirus pandemic has created a “new normal” for many industries, including the financial industry. Asset/Liability.

Cybersecurity 78

Cybersecurity Credit and Collections Transactions Credit Risk 78

Due

MAY 28, 2023

Banks, by nature, face numerous risks. These risks include credit risk, meaning loans may not be paid turning them into non-performing assets, and liquidity risk, which is when withdrawals from the bank are more than the bank’s available funds. What Is a Bank Crisis?

Bankruptcy 53

Bankruptcy Credit and Collections Business Bankruptcy Small Businesses 53

Abrigo

APRIL 2, 2024

You might also like this SMB Lending Insights report for banks and credit unions Download report Takeaway 1 Banks need to implement good business strategies to attract new customers and build on existing relationships. While banks collect various metrics, two critical items to track are business development (BD) activities and referrals.

Credit Risk 68

Credit Risk Credit and Collections Credit Unions Small Businesses 68

Abrigo

AUGUST 28, 2022

You might also like this webinar, "Position yourself for high-yielding ag loan growth." Takeaway 3 Better ag lending workflows streamline document collection and management and increase credit analysis accuracy. . Inconsistencies in the application of institutional lending policies are a recipe for risk management challenges.

Credit and Collections 78

Credit and Collections Credit Unions Credit Risk 78

Serrala

SEPTEMBER 7, 2023

Read more Bild Collections & Disputes Automate and optimize collections processes and improve customer engagement. Reduce DSO and optimize working capital with the most comprehensive collections software. Read more Bild Collections & Disputes Automate and optimize collections processes and improve customer engagement.

DSO 98

DSO Credit and Collections Order to Cash Cash Applicator 98