May 26 2022

Look Out Banks, Credit Unions Are Moving in on Business Lending

SNL Financial is reporting that business lending at credit unions has increased by 66.47% in the past five years. The driving factors for the rapid increase appear to be a desire for portfolio diversification, increased yield, and NCUA’s proposed changes to its MBL rule that has many credit unions rethinking adding MBL products. The article further states that credit unions are increasingly taking SBA-backed loans away from community banks. [12/24/15]

Risk Watch Plus Webinar 8: Complaint Management

Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.

What is the AffirmX Platform?

Video What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video

About Risk InboX

Each day, teams of subject matter experts and analysts at AffirmX and AdvisX comb through dozens of resources to keep tabs on the latest developments in areas of risk. We share our findings here, along with a brief note about why each item matters.

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