TOPIC: Small Banks

How to Manage Credit Risk in a Recession: A Series Examining Best Practices | Webinar Series

Credit risk management is a cornerstone of community banking. How can your financial institution grow while also effectively managing the risk in the portfolio? Many bankers are asking this question right now, given that this could be their first recession in banking or because this recession is so different than previous ones due to the COVID-19 pandemic.

In this 4-part webinar series, join credit risk experts as they walk through best practices for operating in this unique credit environment.

Session topics are: 
  • Part 1: Credit Memo (7/22) 
    • How does an economic downturn alter the credit memo’s content and process?
    • What are the right questions to ask and how can those answers be factored into future recommendations?
  • Part 2: Loan Grading (7/29)
    • How should institutions tweak loan grading in the face of a recession?
    • How should specific sectors be treated?
  • Part 3: SBA 7(a) Lending (8/5)
    • How can this program be used to hedge credit risk?
    • What would an institution need in order to get going?
  • Part 4: Loan Pricing (8/12)
    • Should pricing vary by loan type?
    • How should strategies change during a recession?

Register for the series. 

    Virtual Conference | ThinkBIG: Manage Risk. Drive Growth. | Sept. 22 - 23

    Registration is now open for our annual conference ThinkBIG: Manage Risk. Drive Growth. As we keep public health in mind, we've switched to a fully virtual format this year, bringing together industry thought leaders and experts, financial institution peers, CPAs, auditors, and regulators for two days of compelling educational content and networking.

    This conference will cover a variety of topics in CECL and portfolio risk, lending and credit risk, and ALM. Register today for the industry-leading conference that brings together over two decades of knowledge and experience (combining the former Sageworks Summit and MST National CECL Conference).

    Register now
    Sept. 22 - 23 

      OFAC Sanctions Webinar | Earn 1 CFCS and 1.25 CRCM and CAFP credits

      Tuesday, June 23, 2020
      2:00 PM ET / 1:00 PM CT
      Register today

      OFAC is targeting the most prolific economic sectors within nations of interest with a “maximum pressure” strategy to identify and starve out bad actors. This webinar highlights the strategy in addressing current geopolitical challenges, providing an update on the ever-evolving sanctions regimes imposed against Iran, Russia, Cuba, North Korea, and Venezuela and what that means for your institution. The session will also discuss the Framework of OFAC Compliance Commitments released in 2019, current case studies, and enforcement actions, and best practices.

      Join this session to learn:
      • The latest OFAC updates
      • How our changing world impacts regulations
      • Best practices for maintaining OFAC compliance
      • How these sanctions impact your financial institution
      Save your seat

        Optimizing Your Digital Banking Experience for the New Normal

        The Coronavirus crisis has forced the banking world to compress years of change into weeks.

        For much of the last few years, the focus has been on the technology required to enable digital banking transactions. As we adjust to the realities of the new normal and fewer face-to-face in-branch interactions, banks and credit unions must now deliver an excellent customer experience, digitally.

        Register for this webinar on Thursday, June 25th at 2 pm to learn actionable steps and best practices that  banks and credit unions of any size can easily implement that will allow you to: 
        • Improve the customer experience by providing automated self-service 
        • Increase technology adoption while reducing the number of calls and emails
        • Drive more product adoption via your mobile and online banking 

        We'll be sharing a free digital self-assessment your institution can use to identify areas for improvement in your digital banking experience.

        Can't make it? Register anyways and receive a copy of the recording to watch when you have a chance!

          Effective Loan Pricing & Decisioning: The Impact of COVID-19 on Your CRE Strategies

          Having a hard time discerning whether your lending team is originating both high quality and profitable loans?

          In a webinar next Thursday, June 25, 2:00 PM ET you will learn how to avoid some common pitfalls in loan pricing decisions and assessing overall customer profitability. We will discuss risk-based pricing methods, blended funding concepts, and profitability calculations. Trepp will also be sharing insights into the current state of the commercial real estate (CRE) sector and what they are hearing, including the changes they think CRE will see due to this pandemic.

          Register now:

            Free Webinar | Qualitative Adjustment In Times of Crisis and Stress (Testing)

            Wednesday, June 3, 2020
            3:00 PM ET / 2:00 PM CT
            Save your seat

            Join us for this free webinar as we discuss our approach to establishing qualitative adjustments as the 6.30.2020 statement date approaches and the full impacts of the pandemic and energy crises are not yet specifically knowable.  By constructing straightforward credit models using available internal and public data, we can perform an estimate to substantiate 6.30.2020 qualitative adjustments (and beyond). Additionally, those same models can be used to perform a top-down stress testing estimate under a variety of forecasting scenarios. Those models can also be used to inform estimates under the CECL standard so that an institution is prepared to adopt without significant additional effort. **Please note this webinar is intended for public and private institutions that have not yet adopted the forward-looking CECL standard.**

              State of the Financial Services Industry Survey - Last Chance for Participation

              We're polling hundreds of financial institutions to better understand concerns in today's changing economy. The survey areas covered include the Paycheck Protection Program, M&A, loan workouts, CECL, and more. With your insights, Abrigo can create educational resources catered to your top priorities:

              You'll be entered to win a Starbucks gift card just for completing the 5 min. survey.

                How to Optimize Your Digital Banking Experience for the New Normal

                The Coronavirus crisis has forced the banking world to compress years change into weeks. As we adjust to the realities of the new normal and fewer face-to-face in-branch interactions, credit unions must now deliver an excellent member experience, digitally. 
                Register for this webinar on Wednesday, May 20th at 2pm to learn actionable steps and best practices that credit unions of any size can easily implement that will allow you to: 
                • Improve the member experience by providing automated self-service 
                • Increase technology adoption while reducing the number of calls and emails
                • Drive more product adoption via your mobile and online banking 
                Can't make it? Register anyways and we will send you the recording afterwards!

                  PPP Loan Forgiveness | Webinar

                  Free webinar
                  Solving the PPP Forgiveness and Administration Enigma
                  Friday, May 8 | 3 p.m. ET

                  You've secured funds for small business borrowers through the Paycheck Protection Program (PPP), but the work is far from over once loans are issued. It’s time to consider the loan forgiveness process – one of the most important aspects of the program to both borrowers and lenders. It’s also one of the biggest areas of uncertainty.
                  In this session hear what lenders have learned so far about the forgiveness process, based on the CARES Act, interim final rules published by the SBA, and other guidance published on the SBA and Treasury websites.

                  Join to learn:
                  • What the guidance says so far about the forgiveness of Paycheck Protection Program loans
                  • How to streamline the SBA forgiveness process with the Sageworks SBA Lending solution
                  Click here to register 

                    PPP Funding Out, But Not Necessarily Over - Lenders Should Prepare | Blog

                    Funding for the $349 billion Paycheck Protection Program (PPP) may be depleted, but many financial institutions are continuing to take new applications and process those in their pipelines in anticipation of a new appropriation. Should new funding be approved, you can anticipate a flood of questions from existing applicants and new applicants looking to get their loans processed. In our latest blog, we discuss the steps lenders can (and should) take now to be prepared when the funding is approved.

                    Read it now

                    For more information on the PPP loans and SBA lending under the CARES Act, visit our SBA lending resource page. 

                      An SBA Story: PPP Lessons Learned and What’s Next | Free Webinar

                      Thursday, April 23 | 2 p.m. ET/ 1 p.m. CT
                      Register here

                      Since the passage of the CARES Act and the Paycheck Protection Program (PPP), a lot has happened in a condensed timeframe. The PPP’s goal of supporting small businesses through this difficult time was welcomed with open arms, but the rollout was met with confusion and frustration from both lenders and hopeful borrowers. Last–minute changes to forms and guidance, uncertainty around promissory notes, and unclear forgiveness guidelines have left many financial institutions wary to participate. However, those that did participate have upheld their reputation to serve their local communities and have been praised by their customers.  

                      Join us for this free webinar to learn from those that successfully participated in the initial program and discover ways to be more effective and efficient in handling PPP loans as we prepare for a second round of funding. 

                      Click here to register

                        Main Street Lending Program Offers Loan-Purchase Option to Lenders Helping Businesses | Blog

                        While community financial institutions have been focused on the Small Business Administration’s Paycheck Protection Program (PPP), the Federal Reserve recently unveiled a new loan-purchase program, the Main Street Lending Program (MSLP). Under the Main Street Lending Program, the Fed has pledged $600 billion to help middle-market businesses weather the economic shock caused by the coronavirus pandemic. The MSLP establishes two new loan facilities, the Main Street New Loan Facility and the Main Street Expanded Loan Facility.

                        Learn more about what the MSLP is and the important role your institution plays in our latest blog:   Read now