c. myblog

November 3, 2011

Lessons From Bank of America’s Scrapped Fee

Bank of America announced Tuesday that it would not proceed with its plan to charge its customers a $5 per-month debit card usage fee.  The announcement has been claimed as a victory by many groups, such as the “Occupy Wall Street” movement, but for businesses everywhere, including credit unions, the announcement reinforces some lessons. The […]

October 28, 2011

Survey: Bank Transfer Day

Bank Transfer Day is next week.  Please click here to respond to our survey and let us know what you think will happen on November 5, 2011.

October 20, 2011

Record Low 10-Year Treasury Rates and Net Interest Margin

On September 22nd, the 10-year Treasury Rate touched another historic low with a yield close to 1.7%.  This is a critical measure, as many credit union assets are priced off of the longer end of the yield curve.  There are many factors contributing to the low yield, including: The Fed’s decision to sell some shorter-term […]

October 14, 2011

Setting Board Expectations

Setting board expectations has always been key.  However, it is increasingly important as many credit unions are seeing their ROA jump—largely due to falling provision ratios.  Over the last two years, the industry average PLL has declined from its peak of just over 1% in 2009 to about 0.50% as of the first quarter in […]

October 7, 2011

Survey: Loan Approval And Funding

We are currently gathering information on loan approval and funding rates in the credit union industry.  Please click here to take our brief survey.  Thanks!

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