c. myblog

December 16, 2011

Aggregating Risks To Net Worth—The Credit Risk Component

During a recent education course, we fielded the following question:  “How do you develop a proxy for a worst-case loan loss assumption when aggregating risks to net worth?” This is a great question and it stimulated lively discussion.  While there is not one right way, the following method has been valuable in developing concentration risk […]

December 8, 2011

Perfecting The Process

Looking over the last 12 months, what has happened to your credit union’s net interest margin? If yours is like most credit unions, the answer is it has declined. Competition for loans and low interest rates continue to erode yield on assets.  Cost of funds has declined but (for most places) not enough to completely […]

December 2, 2011

From January 2010: Effective Project Management Can Improve The Bottom Line

For many credit unions, the margin continues to be squeezed and loans as a percent of assets continue to decline.  For these and several other reasons, strategic allocation of financial and human resources becomes more important every day.  Focusing on things that are in the credit union’s control can be very beneficial.  We feel that […]

November 18, 2011

Student Loan Debt Expected To Top $1 Trillion

According to recent news articles, outstanding student loan debt is expected to hit $1 trillion this year for the first time.  Researchers say that Americans now owe more on student loans than on credit cards. As students are borrowing more than ever, the amount of delinquencies is growing too.  Student loan delinquencies (loans more than […]

November 11, 2011

6 Keys To Credit Union Success

Over the past 20 years, c. myers has worked with many credit unions of varying sizes, and during that time, we have watched credit unions thrive based on a few key factors.  Below is a quick list of observations we call the 6 Keys to Credit Union Success: 1. Strategic Clarity: Successful credit unions know: […]

Start typing and press Enter to search