ABA announces four new product endorsements.
Position | ABA RESOURCES |
ABA HAS ANNOUNCED four new product endorsements through Corporation for American Banking (CAB). The endorsements are as follows.
Flood Insurance
To help banks better manage (ending risks as well as risks to their own properties, WNC Insurance Services offers voluntary excess flood and commercial flood products that provide coverage in place of or beyond what is available through the National Flood Insurance Program. WNC is also a long-time member of American Bankers Insurance Association (ABM), and CAB is working as a channel partner to the association's members, who can in turn offer the program through their bank-agencies. www.aba.com/CAB/cab_wnc_excessflood.htm
Commercial Real Estate Portfolio Stress-Testing Solution
To assist banks with managing their commercial real estate portfolio and comply with regulations, Banker's Toolbox provides Crest, a Commercial Real Estate Portfolio Stress-Testing solution. Crest enables community banks to control CRE concentration risk by identifying and segmenting loans with common risk characteristics. Bankers that utilize Crest improve efficiencies and benefit from better decision making and risk reduction through the use of multivariable stress tests unique to their institution and marketplace. www.aba.com/CAB/cab_bankerstoolbox_crest.htm
Executive Benefits Consulting and Bank-Owned Life Insurance
To support banks with executive...
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