c. myblog

October 25, 2017

Strategic Questions around Indirect Auto Lending and Member Growth

How does your credit union define success when it comes to growth?  For some credit unions it might be asset growth, growth in loans, or growth in membership.  If one of your credit union’s key strategic objectives is growing membership, having the business intelligence to understand where new members are coming from becomes important.  This […]

October 19, 2017

Concentration Risk Limits on Mortgage-related Assets and the Unintended Consequences

Not all mortgage-related assets are created equal.  Therefore, using a one-size-fits-all approach in establishing concentration risk limits can lead to missed opportunities or a false sense of security. Concentration risk policies are intended to reduce the impact a risk event could have on a credit union’s balance sheet, financial structure, and/or business model.  The NCUA […]

October 4, 2017

The Equifax Data Breach and Some Important Considerations

The true consequences of the Equifax breach will remain unknown for quite some time to come. During our recent strategic planning sessions, the business impact of this breach has been a high priority for management teams. They are discussing various issues, such as: Should we change our account opening process? If yes, How should we […]

September 28, 2017

Driverless Car Innovation Drives Impact on Financial Services Industry

It’s not too soon to start thinking about the possible strategic implications of driverless cars and driverless car technology on the financial services industry. Billions of dollars are being invested by numerous companies and sectors to propel the use of driverless technology. The impacts can be far reaching. To leverage possible opportunities requires advanced critical […]

September 21, 2017

C. MYERS IS EXPANDING AND ON THE MOVE

We are growing and expanding! And because we’re expanding, our office is moving.  But it’s pretty sweet that our suite number and address are not changing.  Our contact information will remain the same. Be sure to check back next week when we resume our blog.

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