STORIES OF IMPACT

STORIES OF IMPACT


ARTICLES BY ENDURANCE     SEE ALL

  • 2024 CRE Crisis

    Lineage Bank - Lessons for Banks of all Stripes by Stephen Curry

    March 7, 2024 On February 23rd, the Federal Deposit Insurance Corporation (FDIC) announced a consent order with Tennessee-based Lineage Bank regarding its third-party risk management program and financial technology (fintech) partners. This order underscores the regulatory attention on BaaS banks and fintech clients, signaling concerns about potential risks in the financial system.

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  • 2024 CRE Crisis

    2024: Regulatory Intensity Ahead by Stephen Curry

    January 23, 2024 Last year saw turmoil in the banking industry. The multiple bank failures of 2023 sparked regulatory intensity that will undoubtedly continue into 2024 and the federal agencies’ commitment to addressing key priorities before the fall election will fan the flames.

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  • 2024 CRE Crisis

    Navigating Your Bank’s M&A Opportunity in 2024 by Endurance Advisory Partners

    January 23, 2024 In 2023, bankers faced their most prolonged challenges to mergers since the 2008–2009 Global Liquidity Crisis. Optimism prevails for 2024. According to Bank Director's 2024 Bank M&A Survey, sponsored by Crowe, approximately one-third of bank executives and directors anticipate their bank will acquire another institution by the end of 2024.

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  • 2024 CRE Crisis

    2024 – A Growing Commercial Real Estate Crisis by Endurance Advisory Partners

    January 22, 2024 Rising interest rates, structural shifts in remote working, and changes in retail sales and distribution are having a dramatic impact on commercial real estate. While delinquencies, distress, and fire sales haven't been widespread so far, there's a looming concern as a maturity refinancing wall approaches this year. Underwriting and valuations are expected to undergo significant changes in 2024.

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  • view from ground of three surrounding skyscrapers

    Important Considerations for Banks with High CRE Exposure by Stephen Curry and Jason Pumpelly

    December 20, 2023 The FDIC issued a new FIL directive targeting institutions with high concentrations in Commercial Real Estate (CRE). Their guidance outlines specific criteria triggering heightened regulatory monitoring, signaling increased scrutiny during the next examination, or possibly sooner.

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  • The New CRA Summary by Steven Patrick

    The CRE Storm: Proactive Measures Amidst the Growing Crisis by Steve Everbach, Joe Siegel and Steven Patrick

    November 30, 2023 Rising interest rates and the structural shift towards remote work are significantly impacting commercial real estate. While delinquencies, distress, and fire sales haven't been common to date, this may soon change. Banks play a crucial role in commercial real estate projects, and many loans made in better times are now maturing in challenging times.

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NEWSLETTERS     SEE ALL

  • This Week at Endurance Newsletter

    This Week at Endurance Newsletter #31

    December 22, 2023 - BANKADELIC: THE COLORFUL SIDE OF FINANCE TODAY - The marketing team at the popular Bankadelic podcast rolled out their final edition of 2023 featuring our leader, Stephen Curry. Read More

  • This Week at Endurance Newsletter

    This Week at Endurance Newsletter #30

    December 21, 2023 - IMPORTANT CONSIDERATIONS FOR BANKS WITH HIGH CRE EXPOSURE BY STEPHEN CURRY AND JASON PUMPELLY - Monday, the FDIC issued a new FIL directive targeting institutions with high CRE concentrations. Read More

  • This Week at Endurance Newsletter

    This Week at Endurance Newsletter #29

    December 1, 2023 - THE CRE STORM: PROACTIVE MEASURES AMIDST THE GROWING CRISIS BY STEVE EVERBACH, JOE SIEGEL, AND STEVEN PATRICK - Rising interest rates and the structural shift towards remote work are significantly impacting commercial real estate. While delinquencies, distress, and fire sales haven't been common to date, this may soon change. Read More

  • This Week at Endurance Newsletter

    This Week at Endurance Newsletter #28

    October 13, 2023 - UNDERWRITE THIRD PARTY RISK MORE CAREFULLY THAN CREDIT RISK BY STEPHEN CURRY - As the financial landscape continues to transform with the increasing involvement of non-bank financial institutions, it is imperative that banks recognize and manage the significant risks associated with these partnerships, and treat them with a higher level of diligence and scrutiny then they apply to credit risk management. Read More

  • This Week at Endurance Newsletter

    This Week at Endurance Newsletter #27

    October 6, 2023 - MODEL RISK MANAGEMENT BY PRAFUL MAINKER - The banking landscape has become significantly more intricate in the last decade, with an increased reliance on data, analytics, automation, processing vast amounts of information for customer acquisition, and dependence on third-party providers. This proliferation and diversity of data and analytics underscore the critical need for a robust MRM program within banks. Read More

  • This Week at Endurance Newsletter

    This Week at Endurance Newsletter #26

    September 15, 2023 - A PERSONAL PERSPECTIVE BY STEPHEN CURRY - From our perch on the 48th floor of 9 West 57th, we had a sweeping view of Central Park on one side of the building and a clear view of the twin towers about 4 miles to the south. As I was settling in that day, my assistant came running in, exclaiming that there had been a plane crash. Read More

ARTICLES PUBLISHED IN THE MEDIA     SEE ALL

  • Scott Flowers

    Flowers: What is the ‘new normal’ for small businesses?

    As business confidence rises Scott Flowers discusses how business has changed in five key areas: employees, suppliers/partners, customers, community and technology.

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  • cityscape with banking digital overlay

    Business viewpoint: Improving efficiency, implementing new technology, can generate big business improvements

    Stephen Curry discuses the acceleration of digitization, and how the pandemic has forever changed how customers interact with businesses. Delaying adoption of digital will only limit your ability to compete and shorten the future of your business.

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  • Person climbing mountains

    CURRY: FINANCIAL INSTITUTIONS MUST EMBRACE DIGITAL

    Stephen Curry discuses why it is imperative that financial institutions embrace digital strategies that encompass consumer-friendly digital platform in his byline for The Journal Record.

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  • Person climbing mountains

    Developing a Client Selection Strategy

    It is imperative for banks of all sizes to have a stated client selection strategy. In this article, Dr. Kathleen Gowin, offers a guide for sales management and provides insights for those in the role of compliance and audit with regards to the development of a client selection strategy that fits the needs of their bank.

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  • People pulling large puzzle pieces together

    Exiting Relationships: Ten Steps to a Successful Client Exit Strategy

    Client selection strategies can be used to guide the sales organization in client acquisition. If after the implementation of your client selection strategy, you discover current client relationships that fall outside the acceptable parameters of your strategy, it may be time to exit those relationships.

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  • Outside of a bank building

    Should your firm join the mortgage IPO boom? Consider these facts first

    Stephen Curry provides insights around the mortgage IPO boom in his byline for National Mortgage News.

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ENDURANCE IN THE NEWS     SEE ALL

  • Endurance Advisory Partners Expands its Advisory Board with the Addition of Roger Beverage

    Endurance Advisory Partners Expands its Advisory Board with the Addition of Roger Beverage

    Endurance Advisory Partners announced that it named Roger Beverage to its advisory board. Roger will serve a pivotal role and advise Endurance as it expands the business with a focus on helping financial institutions in the areas of strategic initiatives, risk, technology and operational insights to thrive in the competitive market of banking.

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  • Person climbing mountains

    Stephen Curry Comments on Banking deals snapshot

    A downturn in deals throughout 2020 meant that many banks paused efforts for growth, a position that can only be sustained for so long. Now, the challenges and changes wrought by the pandemic have a flip side: new opportunities for growth...“Consolidation is definitely in the winds,” said Stephen Curry, CEO of the bank consulting firm Endurance Advisory Partners.

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  • People pulling large puzzle pieces together

    The Role of Predictive KYC in Fighting Money Laundering | Bank Info Security

    Two of our experts, Larry Gordon and Dr. Kathleen Gowin, offer discussion about leveraging both technical and non-technical solutions to improve customer KYC processes in a video interview with Bank Info Security.

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  • Outside of a bank building

    Steven Patrick offers insights into the risks and rewards of holding Bitcoin

    “Those businesses expect ongoing cash inflows and outflows in Bitcoin, so it makes sense for them to hold a little excess Bitcoin to smooth the payment process. For them, holding Bitcoin is like a jeweler holding gold,” Patrick points out.

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  • Hand holding smartphone with digital banking image overlays

    Scott Flowers provides commentary in “How going green can help the planet and your bank”

    Scott Flowers, the managing director for retail and small business for Dallas-based Endurance Advisory Partners, says community banks should use electronic signature vehicles like DocuSign while paying “specific attention to regulatory required wet signatures.”

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  • Hand holding smartphone with digital banking image overlays

    Stephen Curry Discusses Why “Banking is evolving, but customer service still vital”

    “By the end of this year, there will be close to $2 trillion in banks that have digital online account-opening capabilities,” Curry said in an episode of JR/Now, hosted by Journal Record Interim Editor Joe Dowd.

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White Papers     SEE ALL

  • Managing Commercial Real Estate Concentrations in a Challenging Economic Environment

    Managing Commercial Real Estate Concentrations in a Challenging Economic Environment

    This advisory to insured state non-member banks and savings associations (FDIC-supervised institutions) reemphasizes the importance of strong capital, appropriate credit loss allowance levels, and robust credit risk-management practices when managing commercial real estate (CRE) concentrations. This advisory replaces an advisory issued in 20081 that emphasized these same points during a time when CRE market conditions had weakened, most notably in the construction and development (C&D) sector.

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  • Ten Key Regulatory Challenges of 2024

    Ten Key Regulatory Challenges of 2024

    We are experiencing a level of regulatory intensity rarely seen— not the simple effect of “net-new” regulations but the combination of a high-volume of regulatory issuances, the complexity and breadth of regulatory supervision, and the impact that these changes impose across the organization.

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  • Person climbing mountains

    A Spartan Race Is Scheduled For Some Office Owners

    One year ago, today the country shut down and I left my office for what I thought may be a few weeks. A few has turned into 52 and a new pandemic has changed the commercial office market in ways we never imagined a year ago.

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  • People pulling large puzzle pieces together

    Affiliate Restrictions Considerations For Non-banks Converting To, Or Acquiring, A Bank

    Many non-banks consider acquiring a bank (or establishing a de novo bank) to serve their customers and capture benefits afforded to a bank.

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  • Outside of a bank building

    Important Synergies And Complexities For Non-bank Conversions To A Bank

    Before embarking on this strategy, it is critical to determine the order of magnitude of the benefits as well as the costs of operating in the tightly controlled bank environment.

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  • Hand holding smartphone with digital banking image overlays

    Digital Banking Strategies For Community Banks

    Does your institution have a plan for digital? Your team should have a sense of the gaps in your platform required to enable a full digital experience.

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