c. myblog

December 17, 2010

Outlook for 2011

As we wrap up 2010, c. myers is interested in the outlook of credit union management teams as they prepare for 2011.   Please take a moment to follow the link below and answer a brief 4-question poll.  Your answers are anonymous and will not be made public.  Thank you for your participation—happy holidays! http://www.cmyers.com/survey/index.php?sid=52415

December 9, 2010

NEV vs. 17-4 Gross Test

Don’t be confused.  The 17-4 Gross Test is not the same thing as net economic value (NEV). NCUA describes the 17-4 as a “quick and dirty” interest rate risk measure.  It is calculated by devaluing fixed-rate mortgages by 17% and adjustable-rate mortgages by 4%.  These devaluation factors represent the price loss on newly issued loans.  […]

December 3, 2010

Corporate Shuffle: Questions To Ask When Searching For Alternative Providers

Many credit unions rely on the corporate credit union system for mission-critical functions; however, changes in the corporate system are imminent. Alternative providers could possibly include other corporates, newly formed CUSOs, the Federal Reserve, large banks and publicly held companies.  It is important to objectively evaluate each on their real merits. Following are just a […]

November 18, 2010

Person-to-Person Payments and the Rise of PayPal

It’s no secret that advanced cell phone technologies have begun penetrating our everyday lives.  Consider that in the third quarter of 2010 alone, 81.1 million Android handsets were sold and 13.5 million iPhones were sold according to International Data Corporation (IDC).  Moreover, according to FierceMarkets, U.S. cell phone penetration reached 101% at the end of […]

November 15, 2010

Do Lower PLL Ratios Mean The Credit Crisis Is Over?

On the surface, recent credit union provision for loan loss (PLL) trends seem encouraging; industry-wide through second quarter 2010, the ratio of PLL to average assets has declined by 31 basis points to an annualized ratio of 0.81%.  However, delinquencies and charge-offs as a percent of loans have only decreased by 11 basis points and […]

Start typing and press Enter to search