http://www.smslp.com Knowledge RSS Feed en Sheshunoff Consulting + Solutions Copyright Sheshunoff Consulting + Solutions. All rights reserved. 2011-05-24T12:09:50+00:00 http://www.smslp.com/knowledge/overdraft-protection/ http://www.smslp.com/knowledge/overdraft-protection/#When:12:09:50Z In the last few months, overdraft protection programs have been under fire. From the FDIC’s new rule to recent lawsuits, all types of overdraft protection programs are at risk and should be carefully reviewed to identify compliance issues before your examiners find them. 2011-05-24T12:09:50+00:00 http://www.smslp.com/knowledge/the-evolution-of-the-bank-board-post-economic-crisis/ http://www.smslp.com/knowledge/the-evolution-of-the-bank-board-post-economic-crisis/#When:14:54:31Z The director and officer liability stakes are getting higher, the bar is being raised, and most bank boards of directors are saying how high should I jump? 2011-05-04T14:54:31+00:00 http://www.smslp.com/knowledge/draft-your-electronic-delivery-channel-strategy-before-the-component-parts/ http://www.smslp.com/knowledge/draft-your-electronic-delivery-channel-strategy-before-the-component-parts/#When:16:27:16Z Smartphones. Emerging payment systems. Web 2.0 developments like social media. These are new technologies. Now, throw in a trend like demographic shift. What does the convergence of these technologies and changing demographics foretell for the industry? 2010-12-14T16:27:16+00:00 http://www.smslp.com/knowledge/analysis-of-the-fdic-final-overdraft-program-guidance/ http://www.smslp.com/knowledge/analysis-of-the-fdic-final-overdraft-program-guidance/#When:19:04:15Z On November 24th 2010, the FDIC issued its final guidance and supervisory expectations for overdraft payment programs (see FIL-81-2010; the proposed guidance FIL-47-2010 was published in August 2010). The guidance has a mandatory compliance date of July 1, 2011. In this whitepaper, we discuss the potential impacts of the final guidance, what financial institutions should consider to help alleviate examiner concerns, and which parts of the guidance require institutions to construct their own roadmap. Unfortunately, the final guidance is very similar to the proposed guidance in that both use similar language and reference similar items for banks to “consider”. It’s this ambiguousness that has created an environment which increases the potential for disagreement about how to respond. 2010-12-12T19:04:15+00:00 http://www.smslp.com/knowledge/on-the-origin-of-income/ http://www.smslp.com/knowledge/on-the-origin-of-income/#When:18:07:45Z The landscape for mortgage-broker compensation is changing. Are you ready? Here’s a look at what’s coming and how brokers — and their lenders — can evolve their payment models and prepare for the future. 2010-11-01T18:07:45+00:00 http://www.smslp.com/knowledge/to-disclose-or-not-to-disclose/ http://www.smslp.com/knowledge/to-disclose-or-not-to-disclose/#When:22:37:56Z With the implementation of Regulation E, it appears that the dynamics associated with a financial institution’s overdraft program yet again have come under review. One of the key points of discussion is whether a financial institution should disclose or not disclose its overdraft program and the corresponding limit to its customers. The intent of this paper is to discuss the overall environment, outline how to evaluate whether a disclosed program is right for you, and what role Deposit Score can play. Management Consulting 2010-09-08T22:37:56+00:00 http://www.smslp.com/knowledge/what-lessons-can-be-learned-from-the-wells-fargo-203m-lawsuit/ http://www.smslp.com/knowledge/what-lessons-can-be-learned-from-the-wells-fargo-203m-lawsuit/#When:21:22:50Z On August 10, 2010, a large “ripple” emanating from San Francisco was felt throughout the banking world.  The “ripple” was caused by the Federal District Court’s finding that Wells Fargo’s method of posting debit card transactions from high to low is unfair and deceptive under California Law.  The court also required restitution of approximately $203 million. Wells Fargo is intending to appeal. 2010-08-30T21:22:50+00:00 http://www.smslp.com/knowledge/wireless-wan-security/ http://www.smslp.com/knowledge/wireless-wan-security/#When:16:44:00Z Banks have an ever-increasing need for Wide Area Network (WAN) services to transfer information among their central locations, branches, and remote facilities. 2010-08-24T16:44:00+00:00 http://www.smslp.com/knowledge/how-to-interpret-the-latest-fdic-proposed-overdraft-program-guidance/ http://www.smslp.com/knowledge/how-to-interpret-the-latest-fdic-proposed-overdraft-program-guidance/#When:15:54:12Z Late last week the FDIC came out with their FIL-47-2010, which detailed its latest supervisory expectations, and asked for comment on them.In general, these would appear to be a wholly reasonable set of suggestions, and in fact, are largely a subset of what was published in the 2005 Inter Agency Guidance. 2010-08-23T15:54:12+00:00 http://www.smslp.com/knowledge/the-inevitable-conversion-achieving-faster-return-on-investment/ http://www.smslp.com/knowledge/the-inevitable-conversion-achieving-faster-return-on-investment/#When:14:02:06Z Whether banks approach them as positive or negative, technology conversions are inevitable at every institution. Each year, nearly 1,100 banks replace their core systems, and countless others undertake less critical application transfers. Despite the prolific nature of conversions, it’s the unusual bank that achieves ROI as quickly as they hope. 2010-08-09T14:02:06+00:00 http://www.smslp.com/knowledge/core-deposits-more-critical-than-ever-to-bank-profitability/ http://www.smslp.com/knowledge/core-deposits-more-critical-than-ever-to-bank-profitability/#When:14:17:18Z The financial services market continues to be fragmented, with profitable customers sharing their wallets among two, three, or sometimes more financial institutions. 2010-08-05T14:17:18+00:00 http://www.smslp.com/knowledge/are-you-ready-for-an-operational-risk-management-solution/ http://www.smslp.com/knowledge/are-you-ready-for-an-operational-risk-management-solution/#When:13:34:34Z So you survived the chaos of 2009 but it's time to fast-forward to 2010. How about focusing the second half of 2010 on delivering value to your financial institution through more effective risk and compliance management? 2010-08-05T13:34:34+00:00 http://www.smslp.com/knowledge/seeing-versus-knowing/ http://www.smslp.com/knowledge/seeing-versus-knowing/#When:21:51:39Z The press has been talking about it for a while. If you Google it, you find almost a half million hits: try it- corporate governance failure- failure of corporate governance. I’ve been in the banking industry for almost 30 years, know many bank board members, and just find this to be a strange notion- that they are failing. 2010-07-26T21:51:39+00:00 http://www.smslp.com/knowledge/capital-planning/ http://www.smslp.com/knowledge/capital-planning/#When:15:56:52Z At a minimum, each organization's Capital Plan should address the organization's current and future capital requirements. 2010-07-20T15:56:52+00:00 http://www.smslp.com/knowledge/focus-on-succession-planning/ http://www.smslp.com/knowledge/focus-on-succession-planning/#When:17:54:07Z Given the current state of the economy, it's no surprise that many financial institutions are re-evaluating their current staffing structure as part of their overall planning process. From realignment of organization structure to reduction in force, community banks are doing whatever they can to help them survive these tough times. It might be hard to recognize, but making these kinds of short and long term staffing decisions also provides banks with a perfect opportunity to evaluate their current succession plans. Risk Management 2010-07-12T17:54:07+00:00 http://www.smslp.com/knowledge/vendor-management/ http://www.smslp.com/knowledge/vendor-management/#When:20:01:20Z It may be understandable that with many of the issues taking place in the industry today that vendor management might be far priority list. But should it? 2010-06-21T20:01:20+00:00 http://www.smslp.com/knowledge/keep-checking-the-rear-view-mirror-to-avoid-disaster/ http://www.smslp.com/knowledge/keep-checking-the-rear-view-mirror-to-avoid-disaster/#When:18:00:41Z Objects in our industry's mirror change on a rear-view basis. General Business 2010-06-15T18:00:41+00:00 http://www.smslp.com/knowledge/the-importance-of-technology-in-managing-your-institutions-liquidity/ http://www.smslp.com/knowledge/the-importance-of-technology-in-managing-your-institutions-liquidity/#When:20:40:43Z Liquidity management has evolved from a minor element of risk execution to its current status as one of the four risk management areas (liquidity, market, credit, and operational) the regulators, policymakers, and legislators identified as essential to our financial crisis recovery. Likewise, the use of technology in managing risk has become increasingly crucial in this financial climate, along with the inclusion of the information technology (IT) department up front when instituting any liquidity management technology- a strategy that can no longer be an afterthought. 2010-05-25T20:40:43+00:00 http://www.smslp.com/knowledge/gen-y-in-community-banking/ http://www.smslp.com/knowledge/gen-y-in-community-banking/#When:18:57:40Z We hear a lot about Gen Y – the Millennials, the Echo Boomers, the Net Gen. They are between the ages of 15 and 32, and at about 70 million strong they represent one of the biggest buying markets in the world. At a time when the financial system itself is in crisis, what does that mean for the industry in terms of Gen Y, both as customers and as employees, and ultimately as executives? 2010-05-12T18:57:40+00:00 http://www.smslp.com/knowledge/bank-capital-is-king-but-how-much-is-too-much/ http://www.smslp.com/knowledge/bank-capital-is-king-but-how-much-is-too-much/#When:14:44:51Z Although the banking industry continues to labor under the weight of billions in nonperforming assets, we think we can spot some early signs of stabilization. With these signs of stabilization, why would bank regulators decide that now is the time to increase required capital levels, when, in fact, it is precisely the wrong time? 2010-05-10T14:44:51+00:00