c. myblog

June 13, 2013

FASB ALLL Proposed Rule Change

FASB’s proposed rule change on how to account for credit losses has stirred up a lot of conversation, as well as concern, among many financial institutions, trade groups and agencies, including the NCUA. While not final, the rule would essentially change the current historically based method of calculating loan losses, and replace it with a […]

June 6, 2013

Long-term Rates And Mortgages

According to data provided by the U.S. Department of the Treasury, May saw both the lowest and highest 10-year Treasury yields of 2013.  On May 1st the 10-year constant maturity Treasury yield was 1.66%, the lowest level of the year.  On May 31st the 10-year closed at 2.16%, the highest level this year. Speculation about […]

May 30, 2013

To Branch Or Not To Branch

During strategic planning, credit unions often struggle with deciding to add (or close) physical branches. Constantly changing technology often poses the question if branches are necessary, but a big piece of the puzzle is whether branches are valued by members. Consider these research findings by CMB Pulse: 67% of bank customers* say branch proximity is […]

May 23, 2013

Mobile Banking, Evolving Member Behavior and Your Bottom Line

Logically, providing members with on-demand information at their fingertips will influence their decisions and behavior.  Consider these insights on mobile usage reported by the Federal Reserve in a 2012 study: 87% of the U.S. adult population has a mobile phone 64% of mobile banking users have checked their account balance before making a large purchase […]

May 16, 2013

Investment Decisions: Reaching for Yield

As deposits continue to grow and loan growth is a struggle, many credit unions are wondering what they can do with their overnight funds to pull in some extra yield.  Below is a case study of a credit union that has positive earnings and not much interest rate risk as seen by the 9.54% net […]

Start typing and press Enter to search