c. myblog

March 10, 2011

Doing More With Less

Experts say one of the biggest outcomes from the current recession will be leaner companies that run more efficiently with less staff.  According to a recent article titled Companies Do More With Fewer Workers (USA Today, 02/23/11), productivity has risen more in the current recovery than previous ones (except for 2001), jumping 3.5% in 2009 […]

February 24, 2011

Count Your Business Opportunities

In an effort to improve earnings and enhance member profitability, many credit unions are moving toward more of a cross-selling culture during their account-opening process.  As credit unions do this, they should evaluate their processes and track effectiveness. The most efficient and effective process will vary depending on a credit union’s unique target markets, value […]

February 17, 2011

Shifting Deposit Trends

Over the last couple years, credit unions have grown lower-cost deposits.  This growth has largely been the result of a flight to safety that has occurred due to the economic environment.  Certificates of deposit (excluding IRAs) have decreased from a high of about 28% of funding in late 2007 to about 24% as of 3rd […]

February 15, 2011

Deposit Pricing Lags As Rates Rise

Many financial institutions see an eventual rise in market rates as an opportunity to create greater margin between what they pay on their non-maturity deposits and what they can yield on their new and or variable-rate assets.  This idea is not new.  However, what is different is that many credit unions are building into their […]

February 4, 2011

How Will Corporate Restructure Change Short-Term Investment Strategies?

While much progress has been made toward a revamped corporate credit union system, uncertainty still surrounds the questions of which corporates will emerge and what products and services they will offer.  One thing that does seem certain, though, is the eventual lifting of the Temporary Corporate Credit Union Share Guarantee Program (TCCUSGP). The TCCUSGP is […]

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