FORVIS expands financial services offerings with addition of ProBank Austin providers of LoanPricingPRO

NEWS RELEASE  Sep 12, 2022 LOUISVILLE, Kentucky – ProBank Austin, providers of LoanPricingPRO, will join FORVIS, a top 10 accounting and advisory firm, through an asset acquisition effective Oct. 1. The move bolsters the services FORVIS offers clients in the financial services industry. ProBank Austin is a nationally respected provider of education, loan review, regulatory compliance, asset/liability

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Continue Running LoanPricingPRO in Microsoft Edge Web Browser

Follow the steps below to keep running the Silverlight edition in Microsoft Edge Step 1: Change Edge default browser settings. Open Microsoft Edge and go to edge://settings/defaultBrowser. Change the “Allow sites to be reloaded in Internet Explorer mode” drop down box to “Allow”. Click “Restart” to restart your browser. Step 2: After the browser restarts,

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LoanPricingPRO On Demand

Experience the power of LoanPricingPRO® only when you need it and without licensing the software. Submit the details of your deal, and the ProBank Austin LoanPricingPRO® experts will analyze your scenario. The model will be populated with institution specific assumptions based on recent regulatory filings. A sampling of these assumptions include credit loss expectations, product

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LoanPricingPRO Next Generation WPF Desktop Edition Installation Instructions

LoanPricingPRO Silver Edition will be retired in late 2021.  If you are still using the Silver Edition, you will need to upgrade to the newer user interface before October 2021. Read below for install instructions. The team at LoanPricingPRO is excited to launch the new Microsoft WPF Desktop Edition. WPF is a mature technology for

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Loan Pricing Strategies in Current Rate Environment

Between the end of 2016 and 2018, the Federal Reserve incrementally increased the target Fed Funds Rate eight times from 0.50% to 2.50%. During this period, community banks took advantage of this rising rate environment by increasing their Yield/Cost spread. Loan yields increased 45 basis points from 4.65% to 5.10%, while deposit costs only increased 30 basis points from 0.43% to 0.73%. Further, the increase in deposit costs lagged the increase in loan yields, providing further margin enhancement.

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