Coronavirus News and Resources

Manage Today's Changing Economy at Your Financial Institution

get the support you need
Resources to Help

When Regulations Meet Reality: Coronavirus Crisis

Partnering with You

Community financial institutions are at the crossroads of local businesses and the national economy; however, regulatory obligations create unique challenges in responding to customers, employees, and other stakeholders as the coronavirus and its health and economic impacts spread.

Abrigo is here to provide up-to-date information and free resources to aid institutions in this time of rapid change and ambiguity. Our team of former financial institution C-suite, credit and risk executives, accountants, bank examiners, and BSA officers can provide additional support and guidance on coronavirus issues.

GET RESOURCES   SPEAK TO A SPECIALIST

Access Abrigo's SBA Lending Resources for the CARES Act
and Paycheck Protection Program
get resources

Top 6 Areas We're Covering for You

Asset/Liability Management

A higher proportion of loans with lower credit ratings and the resulting increased need for liquidity; loan and deposit pricing, funding, and capital planning.

Portfolio Risk

How to stay on top of the risk in your portfolio by managing troubled debt, predicting expected credit losses, and evaluating the impact of current and future scenarios.

Lending and Credit

How to manage origination in the current environment, how to become more efficient in credit analysis, processing, and loan reviews without adding risk.

Regulatory News

Efforts by banking regulators to ensure financial institutions remain compliant with everything from capital ratios to SARs filing; relief proposals by regulators.

Operational Challenges

Business Continuity Plan issues such as work-from-home and staffing, as well as new cybersecurity threats and pivoting to new areas of demand.

Recovery Efforts

Proposals for new Small Business Administration funding as well as other initiatives to provide assistance and progress toward recovery.

Coming together is the beginning, staying together is a process,
and working together is success.
- Henry Ford
let's work together
Access The Latest

Abrigo Resources

How Are PPP Loans Forgiven? What We Know Now
Lenders furiously funding Paycheck Protection Program (PPP) loans are keeping one eye on the SBA as they anxiously await additional guidance on how borrowers might receive forgiveness for all or a portion of their loans. Here's what we know now.

Read now

The Opportunity Cost of Avoiding Cannabis Banking During COVID-19
Many states have declared CRBs essential businesses so providing banking services is more important than ever. Join us on May 12 at 2 p.m. ET for a discussion on how serving underbanked CRBs can be beneficial to your community and your bottom line.

register now

Four Sure Signs Your PPP Loan Will NOT Be Forgiven
The PPP loan forgiveness process is one of the most important aspects of the program to both borrowers and lenders, and it is one of the biggest areas of uncertainty. Read the four ways to almost guarantee your PPP loan will not be forgiven.

read now

Effective Loan Pricing & Decisioning: The Impact of COVID-19 on CRE Strategies
Are you struggling with how to price loans in a changing rate environment and how to stay competitive on the right deals? Register for this webinar to learn how to avoid some common pitfalls in loan pricing decisions and assessing overall customer profitability.

Register now
Additional Resources

Blogs

Abrigo is here to help

We've helped community financial institutions manage risk and drive growth for more than two decades – through expansion years and uncertain times, such as the 2008 financial crisis and after 9/11. Our team can help with your needs, from portfolio risk and CECL, BSA/AML and fraud, or asset/liability management and deposit pricing. 

Advisory Services

Manage heightened liquidity and funding needs

ALM Advisory Services

Price loans, deposits for rapidly changing economic environments

Deposit Pricing Advisory Services

Understand depositor behavior, improve pricing betas, and update your ALM model with institution-specific assumptions

Core Deposit Advisory Services

Receive guidance on your expected credit losses and learn how your portfolio will react to different scenarios

Portfolio Risk/CECL Advisory Services

Get short- or long-term staffing relief with the help of our CAMS-certified staff for Suspicious Activity Report filing

BSA/AML Advisory Services

SPEAK TO AN ADVISOR

Solutions

Allow borrowers to apply for loans without visiting a branch

Lending software

Speed up credit analysis without adding risk

 credit risk software

Streamline the loss allowance and manage troubled debt restructurings

ALLL Software

Identify problem loans through precise risk ratings

Risk Rating Software

Streamline SARs preparation and filing

BSA/AML Software

Stay ahead of the latest fraud trends and stop criminals

Fraud Prevention Software

Demo Abrigo Software

Other Resources

FFIEC | FDIC | NCUA | American BankerICBA | ABA | Aite Group

Looking for Banker’s Toolbox? You are in the Right Place!

Banker’s Toolbox is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to Banker’s Toolbox Community Online.

Make yourself at home!