Who Can Predict 2021?

Who Can Predict 2021?

If 2020 has taught us anything, it is that “we can’t predict the future.” Who would have thought that a year that started with wildfires in Australia would end with a global pandemic? Community banks and credit unions saw massive demand on their loan departments....
FastTrack the Management of Problem Credits

FastTrack the Management of Problem Credits

Community financial institutions may soon be facing a large volume of problem credits as small businesses struggle to recover from the economic impact of COVID-19. The Square 1 Credit Suite has the tools needed to manage your collections and work-out efforts, along...
Stress Testing and Projects Help Forecast Problem Credits

Stress Testing and Projects Help Forecast Problem Credits

A part of reviewing a borrower’s credit is forecasting “what could happen next?”  In the next several weeks, borrowers will be providing their updated tax returns as we approach the July 15th filing deadline, and community financial institutions will have their credit...