Need anyone that had anything to say about this company.  Last we used was VERIATO and it's time to move on.  

There are only four days left until registration ends for the biggest CECL, portfolio risk, and lending and credit conference of the year - ThinkBIG!

When: September 24-26
Where: Loews Sapphire Falls Resort at Universal Orlando | Orlando, FL
Who: Anyone involved in CECL/ALLL, portfolio risk, or credit and lending. Common titles include CFO, Controller, VP of Finance, Credit Analyst, CCO, CRO, Credit Admin and Loan Admin.

Are you managing risk and driving growth at your financial institution? Do you need ideas to think bigger about portfolio risk, CECL, or lending and credit? The ThinkBIG Conference presented by Abrigo was created to give you the educational tools and concrete ideas to Manage Risk. Drive Growth.  

Hear from FASB's Hal Schroeder, FINCURA's Max Blumenthal, Q6 Cyber's Eli Dominitz, economist Tom Cunningham, PhD, and a full roster of Abrigo's industry experts at this year's conference. 

Be prepared to Think Bigger with insights and information critical to your lending strategies, mitigating credit risk, and the transition to and implementation of the new allowance accounting standard over the course of three days of compelling educational content and networking.  

If you have responsibilities related to CECL and the ALLL at your institution, or if you want to know more about how CECL will impact your institution or you want to grow your loan portfolio quicker and more efficiently while driving profitability, this is the one conference this year you cannot afford to miss.

Earn up to 14 CPEs! 
Register today and save! 

For growth-minded institutions, the recent legislation for cultivating hemp in the US may shed light on a new opportunity regarding the banking and servicing of hemp-related businesses. But the changes tied to the Farm Bill also bring increasing risks for banks and credit unions who take on these clients. In this paper, Abrigo experts outline some of the critical questions that institutions can use to begin evaluating the potential value – and risk – to the institution in taking on cannabis related businesses (CRBs) or marijuana related businesses (MRBs).

Download to learn:

• How to evaluate the opportunity
• The impact of the Farm Bill
• The differences between cannabis, marijuana, hemp, and cannabinoids (CBDs)
• Potential risks of taking on these banking relationships

Click here to download the whitepaper. 

Register today! 

Financial institutions have been conducting stress tests long before the regulatory mandates were put in place after the 2007-2008 financial crisis.  Larger financial institutions have principally adopted the top-down approach (aka CCAR) which focuses on macro-economic changes and the resulting “stress” on large portfolios or individual assets.  Smaller financial institutions ($25B or less) primarily perform the bottom-up “stress” that focuses on the loan transaction risk stemming from changes in micro-economic factors i.e. increasing interest rates or cash flows.  As the goal of both approaches is a test on the capital adequacy of the respective financial institution, with CECL having the same goals, CEIS and Abrigo will examine the “bottom-up” stress test approach and the pros and cons for your CECL program

Join this webinar as we discuss:

1. Data challenges
2. The benefits of bottom-up stress testing
3. Using stress testing data and outcomes in the CECL model development

Wednesday, September 18, 2019
2:00 PM ET / 1:00 PM CT
Partnered with CEIS Review Inc.

Save your seat! 

Wednesday, August 28 | 2 p.m. EST/ 1 p.m. CST
Register today

Hybrid Threat Finance (HTF) is the study of financial movements and patterns of transnational criminal organizations. Typical detection scenarios do little to detect the real money laundering behavior. Instead they generate high levels of false positive ratios and miss some of the patterns that are indicative of real laundering activity. Precision detection can hone in on the real high-risk behavior within your financial institutions. Training your teams and creating precision detection logic can create a very targeted and effective program for detecting and identifying illicit finance.

Join to learn:

• An overview the hybrid threat methodology
• How to create precision detection scenarios and reduce false positives
• How to start the journey toward HTF detection

Earn 1 CAMS, CFCS credit and 1.25 CAFP, CFSSP, CRCM credits

Save your seat

We are currently researching communications providers that service our area. We are a financial institution located in Western New York (near Buffalo). We are wondering what other FI's in our region are using for their communications provider company. What is your honest assessment of their services and support? Thank you....

     Hi. Does anyone have an assumption procedure they are willing to share?

     Originally Posted by Kristi Mullarkey, VP Quality Assurance Manager of Bryn Mawr Trust Company, on 8 May 2019 to CBANC FI Professionals Community.

It's officially been one year since the CDD rule went into affect. Have you had an exam since then? What aspects of CDD and beneficial ownership, if any, did the examiner focus on? 

We're doing a short survey on the impact CDD is having on recent exams and would appreciate if you could take a few minutes to fill it out. We're happy to share the results if you participate. 

Thank you! 

Survey: https://www.surveymonkey.com/r/QCJ33BN

Thursday, June 20 | 1 p.m. CST/ 2 p.m. EST

Elder financial exploitation is a growing concern in our communities, and the more the U.S. population ages the faster crimes against the elderly will grow. Financial institutions have a unique position to observe this early and stop the activity prior to a victim being left financially destitute. In fact, in most states financial institution employees are mandatory reporters of elder abuse. This session will help you identify elder financial abuse in your community and help stop it before it’s too late.

Join to learn:

• Learn the red flags of elder financial exploitation
• How to train your front-line staff in identifying this crime
• When and how to properly file a SAR in an elder financial exploitation case
• Who to report in your state(s) and whether you’re a mandatory reporter

Register here: https://www.abrigo.com/webinars/elder-financial-exploitation-hidden-crime/

ThinkBIG Conference - the premiere conference for CECL/ALLL, credit, lending and portfolio risk!
September 24-26, 2019
Loews Sapphire Falls Resort, Orlando, FL
 Join us for the first ever Abrigo ThinkBIG Conference, formerly Sageworks' Lending & Risk Summit and MST's National CECL Conference. It is the premiere conference around CECL, lending, credit, and portfolio risk.

• Choose from two tracks: Lending + Credit Risk and CECL + Portfolio Risk
• Learn from thought leaders and industry experts
• Network with bank & credit union peers facing similar growth & risk challenges

Take advantage of Early Bird pricing now through May 31.
Learn more and register here.

Hi.  Does anyone have an assumption procedure they are willing to share? 

Did you know that as a community banker, you’re eligible for an exclusive subscription to the Banc Investment Daily (BID)? Get news, facts and opinions focused on issues vital to financial institutions delivered straight to your inbox each day. Sign up today for the preferred daily newsletter of bankers just like you. Register Here

In case you missed our first Regulatory Compliance Update of the New Year, you can catch the recording below! Be sure to give it a listen for the latest updates, upcoming deadlines and more for 2019.

https://www.pkm.com/resource/regulatory-compliance-update-live-january-22-2019/

Does anyone have a sample of a foreign item collection letter. I have a Canadian check that is payable through a domestic bank and I am trying to see if I can collect on it. The MICR line has numbers and letters in it.