Webpages
Dec 5, 2022
Borrowers Loan Protection is PCBB’s unique hedging solution where you do not have the administrative or accounting challenges of back-to-back swap.
Dec 5, 2022
A selection of market rates, updated daily.
Dec 4, 2022
Learn the frequently asked questions about Borrower's Loan Protection and how BLP works.
Dec 3, 2022
Resources for financial institutions, including bank merger, economic, and market rate trends. Plus checkout podcasts, whitepapers, and webinars and more.
Dec 5, 2022
CECL platform offers embedded data sources for documenting your Q Factors and forecasting options, transparent reporting, access to a team of advisors and more.
Whitepapers
Oct 1, 2021
Everything you need to know about SOFR and using it post-LIBOR.
Jan 1, 2021
Fallback language, economic impact, timeline, and preparation.
Webinars
Feb 27, 2019
In this webinar, hosted by the Western Bankers Association, learn why LIBOR is being replaced, the impact of the replacement, and transition implementation tips.
Economic Indicators
Jun 22, 2022
Bottom Line:  Mortgage applications rose last week, mostly catch-up after a holiday-shortened the prior week. While notable given the record moves in mortgage rates last week, the uptick still barely shows up on a trend basis. Applications for refinancing sit...
Jun 15, 2022
Bottom Line:  Mortgage applications rose last week, mostly catch-up after a holiday-shortened the prior week. While notable given the record moves in mortgage rates last week, the uptick still barely shows up on a trend basis. Applications for refinancing sit...
BID Newsletters
Mar 23, 2022
LIBOR was retired for new contracts at the end of last year. But, many community financial institutions have not started using SOFR, the recommended guidance of the Alternative Reference Rates Committee. Are you one of those institutions? Let’s explore why some institutions are hesitant to transition to SOFR and examine another replacement index option.
Apr 22, 2021
Time is ticking on the transition from LIBOR to SOFR and it is important to keep moving forward. Regulators have advised that using LIBOR for new contracts after 2021 would create safety and soundness risks. Four important reminders allow you to mitigate these risks and prepare for LIBOR’s discontinuation: assess your LIBOR cessation risk, create a plan, devise a solid timeline, and stay on track.
Mar 23, 2021
The transition from LIBOR to SOFR has been in the works for a while. But, now is the time to face it head-on. We give you six important steps to take right now to ensure you are compliant by the time LIBOR retires: organize your team, make a plan, communicate with stakeholders, assess exposures, remediate contracts, and set up operational readiness.
Jan 27, 2021
Since many community financial institutions have syndicated loans that are pegged to LIBOR, its discontinuation is especially important. Here are the next steps to take in the move from LIBOR to SOFR, including contract reviewing and using fallback language, for a seamless transition.
Dec 11, 2020
The LIBOR transition is underway. We outline ARRC's three qualities for a new benchmark and some key dates to keep you on track.
Dec 15, 2021
We have been talking about the transition away from LIBOR for a few years now and the end date is upon us. No new LIBOR exposures are allowed after December 31, 2021. Many community financial institutions are making progress, but only 24% had set a replacement rate, as of this summer. Is your institution prepared for LIBOR’s end date? Here are a few recently released regulatory expectations, to keep you moving for a successful transition.
Oct 13, 2021
The LIBOR transition is well underway. But, how are financial institutions doing in their progress, with the deadline of January 1, 2022, looming? Some institutions have made firm decisions on the replacement index, while others are considering multiple replacement rates. We explore the findings from a recent accounting firm survey to give you an idea of how you compare to your peers in the LIBOR transition.
May 31, 2022
Some community financial institutions may not know the benefits of interest rate swaps. Not only do they help you manage interest rate risk, but they also help you retain customers. Your customers want fixed rates, especially as rates rise. You can help them with interest rate swaps — and you gain noninterest income too. We explain how.
Jan 4, 2021
As we welcome in the new year, there are several regulatory areas to pay extra attention to. We cover COVID-19 flexibility, CECL implementation efforts, the LIBOR transition, CRA changes, and more.
Nov 18, 2022
As financial institutions increasingly rely on artificial intelligence and machine learning to determine lending worthiness, fairness testing software is becoming an important component in verifying that the algorithms lenders are relying on don’t have their own biases built in.