June 12 2024

Top Reason for Community Bank Shrinkage is Regulatory Burden (Surprise!)

Top Reason for Community Bank Shrinkage is Regulatory Burden (Surprise!)

Community banks constituted 64% of total banking assets in 1992. By 2015, their market share had dropped to 19%. Yet community banks still account for the largest share of small-business loans. The top reason for the shrinkage is regulatory burden, such as Call Reports that have grown from 53 items in 1970 to 2,379 items last quarter. [1/25/16]

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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