The potential financial impact of the COVID-19 Pandemic and reflecting on the economic aftermath relative to previous crises. We are sharing with you some insights and reflection on how credit professionals within US lending institutions can prepare to defend their portfolios against the forthcoming turmoil from the COVID-19 Pandemic. Note that while the analysis and […]

Over the past 8 weeks impacts of the actions taken to safeguard everyone from the virus and “flatten the curve” have forced many changes on both our personal and professional activities. As we begin the task to assess these changes and their potential impacts we need to also evaluate what tools are available to help […]

Ten years ago, in the aftermath of the financial crisis the banking community and regulatory authorities embraced the use of enhanced modeling and stress-testing to ward against a future event having such an significant impact on the Nation’s banking environment. Those efforts aided by strong economic recovery, have resulted in increased capital levels and stronger […]

CEIS Review understands that banks have heightened their consideration of “today’s” reserve level adequacy and plans for near to medium term provisions. Reserve levels are currently being impacted by a number of events, some of which are difficult to quantify and will only emerge over time. Decisions need to be made and there are several […]

In response to the COVID-19 the Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, National Credit Union Administration , and Office of Comptroller of the Currency issued a joint statement, on March 26th encouraging banks, savings associations and credit unions to offer responsible small-dollar loans to consumers […]

The US Department of Commerce has created a dedicated website to aid small business owners regarding the Federal Governments CARES Act and obtaining Grants or Loans. The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated almost $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the […]

The Federal Reserve Bank regulatory announced, they are supporting the flow of credit to the economy, the final rule is to ensure that financial institutions well be able to enhance the liquidity and functioning of its crucial state and municipal money markets. The Federal Reverse Board launched Money Market Mutual Fund Liquidity Facility, or MMLF […]

CEIS Review recognizes that the coronavirus pandemic is causing tremendous hardship across the world. It is everyone’s priority to care for those afflicted and to minimize the further spread of the virus. While great uncertainty remains, it has become clear that our economy will face severe disruptions. Challenges in the Financial Institutions Regulatory agencies recognize […]

The FDIC has released their “Quarterly Banking Profile: Fourth Quarter 2019” report (1), which provides for a comprehensive summary of the most current financial results for the banking industry. The FDIC’s Quarterly release analyzes the economic and banking trends at the national and regional levels. Following is our summary of the reported data, which is […]

To our valued clients, friends, and associates, As we are all carefully navigating the COVID-19 (Coronavirus) global pandemic, CEIS Review has actively taken steps to ensure the safety of our staff and the continuity of operations for our valued client Institutions. Our business continuity plans are designed to have minimal impact on our firm’s operations […]