CEO Corner

CEO Corner

Suntell CEO Corner Who is ready for 2020 to be over? I am quite certain that I am not alone when I say this year cannot end soon enough! Fatigue is sitting in on all things related to Covid 19. For our banker friends that fatigue is likely related to PPP loans and...
Determining the Risk in Your Document Exceptions

Determining the Risk in Your Document Exceptions

Ongoing exception management is a never-ending task. Each newly originated loan adds a new set of documents that need to be reviewed upon loan closing, and then ongoing tracking for recurring items. When determining “how” to track different requirements within a...
Take Steps to Protect Your 2021 Profits

Take Steps to Protect Your 2021 Profits

The largest potential impact to a bank or credit union profitability occurs when there is a larger than normal charged expense to the Allowance for Loan and Lease Losses (ALLL) resulting from rising problem loans. With PPP business stimulus ending, commercial loan and...
Employee Spotlight: Gail Loewen

Employee Spotlight: Gail Loewen

Gail Loewen, a Sr. Quality Analyst, is this month’s employee spotlight. She is creative, thorough, and tenacious and we have been lucky enough to have her on our team for over 16 years! When asked what product she would use in a bank or credit union, Gail would use...
Regulatory Exams and Covid-19: Are You Ready?

Regulatory Exams and Covid-19: Are You Ready?

On June 23, 2020 per FIL-64-2020, Interagency guidance for assessing safety and soundness was issued. This guidance outlines how examiners should respond to Covid-19 when evaluating financial institutions. Per this guidance, examiners will take into account the...
We are celebrating 24 years!

We are celebrating 24 years!

As we approach our quarter century company formation milestone, I want to celebrate our 24th anniversary this month by acknowledging the two things that made this anniversary possible. First is the dedication and loyalty of each of our employees, some which have been...