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Banks Navigate Surging Deposits, Tepid Loan Activity since COVID-19 Onset

Carl White

Two years ago, community banks cited the availability and cost of funding as their greatest challenges, according to the Conference of State Bank Supervisors’ 2019 National Survey of Community Banks. Interest rates had recently risen, increasing the cost of deposits and prompting more reliance on wholesale funding.

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The Federal Reserve Offers Community Banks a New Tool to Meet Accounting Change

Carl White

The Federal Reserve recently unveiled a tool to help small community banks—those with less than $1 billion in assets—comply with a new accounting standard they are required to implement by 2023. The standard is the current expected credit loss (CECL) methodology for setting banks’ loan loss allowances, and the tool is called SCALE—the Scaled CECL Allowance for Losses Estimator.


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Banks See Challenges from Fintech Disruption

Carl White

This month, we are examining how these entrants have affected competition in the provision of financial services. Fintech firms have been labeled “disrupters.” Whether teaming up with financial institutions or going it alone, fintech firms—or neobanks—are rapidly gaining market share in several areas formerly dominated by financial institutions, such as payments and consumer loans.

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