c. myblog

January 7, 2010

Big Questions For 2010

2010 begins with an immense question attached to it:  Where will the economy go this year?  Confounding any sort of clear answer are the conflicting signs of continued recovery and renewed downturn that came with the close of 2009: The housing market has seen home prices rise for the sixth straight month in October.  However, […]

December 14, 2009

The Internet—Strategic Delivery Channel Issues And Differentiation

Evolving consumer behavior and internet usage trends may have an even more significant impact on the fundamental way credit unions strategically manage their business model and create differentiation in the future—and these trends aren’t necessarily isolated to a particular generation.  Consider the following statistics from the Pew Internet & American Life Project, January 2009: Today, […]

December 7, 2009

Will A Shift In Long-Term Borrowing Capacity Of Consumers Impact Your Business Model?

In February 2009, we published a c. notes article titled, Liquidity: 9 “What-Ifs” Worth Exploring.  Even though liquidity is not a concern now for many credit unions, events outside of their control could quickly make it a serious issue.  The article encourages credit unions to answer key valid questions to help prepare them for the […]

November 23, 2009

Tips For Avoiding Overstating Loan Income In The Budget Process

Loan interest income may be overstated in the budget if there is a large balance of non-performing loans.  This occurs if loan income is budgeted based on what the members are contractually obligated to pay rather than the actual payments received on performing loans. Here are the two most common ways credit unions are adjusting […]

November 23, 2009

Lessons Learned: Are You Passing Up A Great Opportunity?

The frequency and magnitude of surprises in 2009 have created a unique learning opportunity that should not be passed up.  Too often, after navigating through a strategic challenge or opportunity, managements move on to the next issue without identifying the lessons learned from the most recent experiences.  This need not be a complex exercise.  In […]

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