How Credit Risk Management Software Will Help Streamline the CECL Implementation Process The Financial Accounting Standards Board, better known as the FASB, is giving smaller lenders like community banks and nonprofit credit unions more time to prepare for and...
Portfolio and Credit-related stress testing are key components of a risk management strategy for both community banks and credit unions. In its most simplistic definition, portfolio stress testing is the process of determining the effect of a change to your portfolio...
With interest rates still historically low, and the current administration pressuring the Federal Reserve to keep them that way, community banks and credit unions are in a position to benefit from borrowers who want to take advantage of these rates while they can....
If bankers learned anything from the Great Recession, which is now over a decade in our collective rearview mirrors, it’s this: In both good and bad economic times, bankers must keep a watchful eye out for risks in their loan portfolios. The high level of vigilance...
Preparing for a Financial Institution Safety and Soundness Exam In today’s recessionary economy, decreasing real estate values, and an increasing number of loan defaults, regulatory enforcement actions are on the rise. This environment has been a source of increasing...
Offered the first and third Wednesday of each month, these are free live webinars on specific topics. Each session is approximately 30 minutes in length and conducted by a knowledgeable training specialist, with time at the end of the session to ask questions. Log-in to our Support Portal for information on how to join and upcoming topics. Click here to register for sessions You must be a current Suntell customer to attend.
