From the Experts

Lawyers and Money

Posted August 15, 2017 by Stephen D. Heckard in From the Experts.

No bank wishes to needlessly increase expenses, however, when it comes to contract negotiations the services of a qualified attorney is a justifiable expense. It is an absolute must and it will be well worth the money spent. Today’s technology service agreements have become significantly complex, overly complex. Every year contract complexity seems to increase. While the agreement defines the services being offered, a substantial portion of each agreement is devoted to marginalizing vendor risk in the event your bank does not complete the contract’s term, if the vendor does not perform, or if new regulations are passed…and so on and so on.

Read Full Post

When It Comes to Core Conversions, Look Before You Leap

Posted July 31, 2017 in From the Experts.

Bank recently published an article by Jack Milligan, Editor-in-Chief for Bank Director Magazine,”When It Comes to Core Conversions, Look Before You Leap” (Link Below) which features helpful information for financial institutions faced with choosing a core provider from Steve Heckard, Senior Consultant, Technology Solutions, ProBank Austin.

Read Full Post

How Long is too Long?

Posted July 26, 2017 by Stephen D. Heckard in From the Experts.

No one knows better than a bank that time is money. The longer a customer can commit their funds, the better the rate a bank will pay on their deposit. The same applies to technology contracts. The longer your bank is willing to commit to your vendor, the better the rate and/or discount your bank will receive.

Read Full Post

CRE Guidance: Could Require more Expertise/Equity/Examination/Experience/Energy/Effective oversite

Posted July 24, 2017 by Michael M. Moran in From the Experts.

Quite possibly, all or most of the above will apply as we take a slightly tongue-in-cheek spin on one of the industry’s better-known acronyms, and the accompanying regulatory guidance that likely becomes elevated in future exams. In our February post, Do the CCAR Scenarios Signal Regulatory Focus? (February 16, 2017 - link below), we expressed the belief that the annual CCAR and DFAST process might foretell potential regulatory “hot buttons” and/or primary areas of focus for the banking sector. This past year’s hypothetical severely adverse scenario depicted, among other things, a swift and dramatic decline in commercial real estate (CRE) values:

Read Full Post

We All Have Standards, Right?

Posted June 27, 2017 by Stephen D. Heckard in From the Experts.

Each one of us has our own set of standards, what we understand to be acceptable and what isn’t acceptable. Standards define a minimally acceptable behavior. Standards define how we live our lives. If we don’t live up to personal standards, then we must answer to ourselves and possibly to others. Standards certainly apply to our professional lives. Standards can be identified in how we conduct business, and how well we perform our daily responsibilities. In fact, every employee at your bank has a responsibility to demonstrate standards of performance.

Read Full Post
Next Page