Be sure to check out the Spring 2024 edition of Community Banking Advisor. The newsletter is a wealth of information, articles include: • Federal court: financial institution liable for AHC fraud losses • FAQs about selling mortgages on the secondary market, know your risks • Staying atop the new-and-improved CRA rules • Bank wire

Be sure to check out the Spring 2024 edition of Community Banking Advisor. The newsletter is a wealth of information, articles include: • Federal court: financial institution liable for AHC fraud losses • FAQs about selling mortgages on the secondary market, know your risks • Staying atop the new-and-improved CRA rules • Bank wire

Adoption of ASU 2016-13 Measurement of Credit Losses on Financial Instruments (CECL) will have a significant impact on financial institutions and their allowance for loan and lease loss (ALLL) calculation. After many delays, the effective date of CECL for private companies is less than a year away.