Boards should develop a revised framework now to evaluate their executive team’s individual performance, given the shift in priorities of the business since the onset of the Covid-19 pandemic.
The lack of fully online lending programs at community banks encourages small businesses to look elsewhere for institutions that make the process easier and more seamless.
Seven months into the Covid-19 pandemic, it’s still too soon to make an accurate assessment of the banking industry’s loan quality.
Demand for PPP loans led many banks to stand up online loan applications, revealing key areas where technology can provide immediate value for commercial lending.
A bank’s loan review process has never been more important than it will be in the second half of 2020.
Once the coronavirus crisis leeches into credit, a growing number of banks may need to record goodwill impairment charges.
There are some credit risk management best practices executives can use in their approach to the loan portfolio during the coronavirus-induced economic crisis.
Banks need to strengthen their internal controls to meet today’s unique challenges.
Bank Director’s Jack Milligan explains what boards and management teams should consider as they manage the bank’s balance sheet during this extraordinary time.
How does a board’s compensation mix affect its total pay? Find out in this exclusive analysis for Bank Services members.