Mark Treichel

In 2022, Beneficial State Foundation (BSF) launched the Equitable Bank Standards. Since then, much has changed in the financial industry and the Standards marketplace more generally. As we prepare to revise the Standards in 2025, we want to hear what you believe is needed for financial institutions to better foster an equitable and regenerative future for all communities. Share your feedback on which standards resonate, and suggest any updates, refinements, or additions that can drive meaningful change. Your insights will guide us in making the Standards more practical, user-friendly, and impactful for the financial industry. #EconomicJustice bit.ly/ebspubliccomment

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Make your voice heard! Beneficial State Foundation is seeking feedback on what equitable banking could look like. In preparation to update the 2022 Equitable Bank Standards, they want to hear from you - there are 3 weeks left! Share your input here: bit.ly/ebspubliccomment Take a look at the current Equitable Bank Standards here: https://lnkd.in/gsN3ZcWy #financialbelonging #financialempowerment #financialwellbeing #financialinclusion #financialaccess #BankOn #BankOnWA

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The current challenges of ACH fraud require an industry wide approach. Download our new infographic, NACHA’s New Rules: What Your Institution Needs to Know, to learn how your institution can be prepared to respond to this evolving landscape. https://buff.ly/3zMrvbh

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Don't get left behind! 🏃‍♂️ Catch up on the latest developments in credit union compliance from the past month. Access to the full newsletter and compliance calendar can be found on our website. 📰&🗓️: https://lnkd.in/gx8RheAJ Written by: Gaye DeCesare #compliance #creditunions #regulatory

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Credit unions, fintechs and non-bank lenders should face the same regulation, guidance and supervisory expectations when involved in the same activities — and doing so is a core concept of financial regulation, according to Federal Reserve Governor Michelle Bowman. #creditunions #bankingindustry #financialservices #fintech #mortgagelending #managementconsulting #money #future

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Are you up to speed with the new Beneficial Ownership Reporting requirements? Check out this video from FinCEN or visit FinCEN.gov/boi to learn more. https://nuvi.me/74yp9b #MainStreetBank #CommunityEngagement #BankLocal #FinCEN #BeneficialOwnershipInformation #BCTA #FinancialCrimeEnforcement

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NCUA just issued its Q2 Credit Union Data Summary. Per Chair Harper: “The credit union system overall remains largely stable in its performance and is relatively resilient against potential economic disruptions. However, challenges persist across the system and at specific institutions,” Chairman Todd M. Harper said. “Notably, an increasing segment of credit union membership continues to experience financial strain as evidenced by a steady increase in the loan delinquency rate, charge offs, and borrowing using the NCUA’s payday alternative loan product. While interest rate and liquidity risks have ebbed recently, we are seeing growing signs of concern in loan performance, capital, and earnings as deposit levels have dropped. Credit union managers must continue to monitor their institution’s performance and balance sheets and act expeditiously to prevent small anomalies from growing into big problems.” The referenced financial strain can be seen in these stats in particular: 1. Delinquency rate increase: Delinquency rose to 0.84 , up 21 basis points from a year earlier. 2. Net charge-offs increase: The net charge-off ratio increased to 0.79% in Q2, up 26 basis points from Q2 2023. This substantial rise in loan losses is impacting some credit unions' profitability and capital positions. 3. Declining ROA: The ROA decreased to 0.69% in Q2 2024, down from 0.80% in Q2 2023. 4. Rapid share certificate growth: Share certificate accounts grew by 30.6% over the year, reaching $528.2 billion. This growth is a "return to the mean". 5. Commercial loan delinquency rate spike: The commercial loan delinquency rate rose to 0.94% in Q2 2024, up 52 basis points from a year earlier. This sharp increase indicate increasing stress in credit unions' commercial lending portfolios. 6. Credit card delinquency rate increase: The credit card delinquency rate rose to 1.98% in Q2 2024, up 44 basis points from a year earlier. This could be an early indicator of broader consumer financial stress. 7. Provision for loan and lease losses increase: This expense increased by 41.4% over the year to $13.0 billion at an annual rate in the first half of 2024. The significant rise suggests credit unions are anticipating higher future loan losses - and is likely also linked to ramifications of CECL. 8. Slower asset and deposit growth: Total assets grew by only 3.5% and total deposits by 2.6% over the year, which is slower than historical averages. When deposit growth is less than cost of funds - its really a decline...

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The #ACHNetwork is constantly evolving. In fact, Nacha's Membership recently approved a number of amendments to the Nacha Operating Rules. To ensure you and your organization are up to date on the latest when it comes to the ACH Network, consider our ACH 101: Fundamentals for Operations & Frontline two-part virtual workshop, taking place May 8 & 9, 9-10:30 a.m. Central. This workshop will provide an overview of the ACH Network including defining the participants, explaining the transaction flow, and reviewing common exceptions. Given the changing environment, whether you are new to ACH or a seasoned pro, this workshop will prove beneficial to you.  https://lnkd.in/eX72cbWH Pam Rodriguez, AAP, CIA, CISA Danita Moss, AAP, NCP Dominic Plumeri, AAP, APRP David P. Catherine Bishop, AAP, APRP, NCP Sandra Parker

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At 2:00 pm ET/ 11: 00 am PT, Lynn Tarantino, CRCM, CAMS Tarantino will moderate the session, “Preparing for Large Bank Status – A Roadmap for Compliance” at the Risk and Compliance Conference hosted by the American Bankers Association. #ABARCC #CenlarIsSubservicing #cenlar #cenlarfsb #riskandcompliance

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Maun FCU Has a C.A.M.E.L. Rating of 2, Here’s Why It Matters:  As a federal credit union, Maun FCU is subject to audits by the National Credit Union Association (NCUA) which serve to ensure that Maun’s operations are up to regulatory standards. The C.A.M.E.L. rating system is a method that the NCUA uses to quantify how effectively a credit union adheres to the set standards of practice. The rating system is between 1 and 5, 1 being the highest, and Maun FCU’s rating is 2. This means that Maun FCU has been found to excel in Capital Adequacy, Asset Quality, Management, Earnings, and Liquidity. In short, since our founding in 2021, Maun FCU has continually improved the management and quality of our operations, which is reflected in our high C.A.M.E.L. rating.  #islamicfinance #creditunion #camelrating #maunfcu

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Santander Bank has earned an overall “Outstanding” Community Reinvestment Act (CRA) rating from federal regulators for the second consecutive exam period covering the three-year period of 2020-2022. This represents the highest possible rating and is the result of achieving Outstanding ratings on each of the three tests the Bank is evaluated on: lending, investment and service tests. The Office of the Comptroller of the Currency conducts CRA performance evaluations every three years. The agency found Santander Bank continues to excel meeting the credit needs of the communities the bank operates within, from offering support and flexibility to borrowers and customers during the COVID-19 pandemic to ensuring products and services are made accessible to customers of diverse geographic backgrounds and income levels. Read more here: https://lnkd.in/eNWXUpmv

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The sixth release of Community Banking Connections is available now. This newsletter is a source for information on supervisory guidance, resources, and tools to help community bankers conduct their business in a safe and sound manner. In this issue you'll find information on: • The Federal Reserve’s supervisory approach to complex bank–fintech partnerships and common risk factors associated with them • Security practices for cloud environments • A recap of the Midwest Cyber Workshop To start reading the newsletter, visit https://bit.ly/3V07EwH #FederalReserve #CommunityBanking #Banking #Compliance #Fintech #BankSecurity #CyberWorkshop

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The OCC has issued a cease and desist order and a $450 million penalty against TD Bank, N.A. and TD Bank USA, N.A. for deficiencies in their BSA and AML compliance program. The bank prioritized growth over controls, allowing illegal activities and delaying corrective actions. The OCC’s measures, including an asset cap, aim to improve TD Bank’s compliance.   When a similar asset cap was placed on Wells Fargo in 2018, there was an increase in branch closures, a decline in new branch openings, and the sale of multiple service lines.   With a new asset cap placed on TD Bank last week, we will keep a close eye on them to see if we witness a similar shift in behavior.   If you would like to discuss your bank branch, please reach out to one of our experts.   Ryan Wolf 📞 (972) 755-5207 📧 [email protected]   Luke Sullivan 📞 (972) 755-5198 📧 [email protected] https://lnkd.in/e2pFvMyX   #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #banking

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Are you considering an SBA 7(a) loan to fuel your business growth? Understanding the fundamentals can pave the way for success. Explore the key benefits, eligibility requirements, and strategic ways to leverage SBA 7(a) loans to propel your business forward. https://lnkd.in/gcHFT3EV

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# Regional Banking Sector Disrupted with Seizure of Republic First Bancorp ## Summary In a notable turn of events, U.S. regulators have taken control of Philadelphia-based Republic First Bancorp \(FRBK\), leading to its acquisition by Fulton Bank, a unit of Fulton Financial Corp \(FULT\). This development sheds light on ongoing concerns within the banking sector, indicating vulnerabilities reminiscent of previous disruptions. The seizure and subsequent sale of Republic First Bancorp emphasize the need for cautious evaluation when investing in regional banks. While the banking sector is generally considered stable, occasional disruptions can occur, affecting the performance of individual banks and potentially impacting investors' portfolios. As an experienced investment advisor, it is crucial to stay informed about the evolving landscape of the banking sector. By carefully monitoring regulatory interventions and assessing potential vulnerabilities, investors can make more informed decisions, mitigating the risks associated with disruptions such as this one. # Act Now to Capitalize on Investment Opportunities and Maximize Your HSA Account's Potential ## Summary Don't miss out on potential investment opportunities that can help you grow your Health Savings Account \(HSA\) and secure a healthier financial future for yourself and your family. Take action now to leverage the power of investing in healthcare, wellness, and related sectors. Investing in HSAs presents a unique chance to align your financial goals with your health and well-being. By capitalizing on the robust growth of the healthcare industry, you can earn substantial returns while simultaneously supporting your own health and that of your loved ones. As a veteran investment advisor, I am here to guide you through the investment process. With my proven track record of outperforming even renowned investors like Ray Dalio, you can trust my expertise to help you maximize your HSA account's potential. Don't let the fear of missing out hold you back. Start investing in your health, wealth, and future today. Reach out to me so we can discuss how to make the most of your HSA account. Let's secure a prosperous tomorrow, together! 💪💼📈 #HSA #investing #healthcare #health #family #wellness

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92% of ICBA member banks rely on our Preferred Service Providers, and 52% couldn’t offer certain services without them. At the PSP Engagement Forum, we connected bankers and PSPs to drive innovation, collaboration, and stronger community banking:

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