c. myblog

May 26, 2016

FinTech Lending – Don’t wait for strategic planning to have this strategic discussion

While some FinTech lenders may be struggling, credit unions should not assume the threats are going away. FinTech lenders have taken a huge bite out of the lending pie.  Consider the following: It is no secret that FinTech lenders have recently taken a big hit.  However, even if Lending Club, Prosper, or OnDeck are not […]

May 19, 2016

CECL’s Threats To Your Business Model: Six Questions To Consider

CECL is a new set of rules that every credit union eventually will have to play by. While it may not be in effect until 2021, many credit unions could find that they need all that time to reposition their business models to prepare for its impact. Keep in mind that the impact being discussed […]

May 12, 2016

5 Things Not To Do With Your Investment Strategy

1. Don’t manage investments in a silo. Investments are an integral component of the business strategy. Investment strategy should be developed in light of a credit union’s unique financial structure and strategic objectives. Understand how the whole financial structure works together. For example, if the lending portfolio includes a significant amount of long-term loans, investments […]

May 6, 2016

Don’t Let the HOW Stand in the Way of the WHAT in Strategic Planning

We find that one of the pitfalls of the strategic planning process is that too much focus is placed on the “how” (implementation) before the “what” (strategy) has been decided. Often, decision-makers will gravitate toward the “how” because it feels more tangible but also because it seems to help determine the likelihood of success. This […]

April 29, 2016

Of Bulls and Bears – Margin Impact from Changing Yield Curves

After the blog published on April 21, 2016, we have received a number of comments regarding why we were silent on the industry “conventional wisdom” that a wider yield curve can provide stronger net interest margin, and that a narrower yield curve can squeeze the margin. This can be true, but often is not. All […]

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