c. myblog

March 20, 2019

Benefits of Focusing on Data Integrity

We live in a data driven world, but the data is far more useful if it is accessible and reliable. Ask yourself – do you view the reliability and accessibility of your data as a competitive advantage or a frustrating drag?  Do you have multiple sources of information that sometimes show conflicting information, especially when […]

October 31, 2018

Budgeting Your Cost of Funds Won’t Be Boring This Year

Some have described 2018 as a sweet spot, benefiting from some higher yield opportunities while not having to pay much extra on non-maturity shares. As short-term market interest rates have increased nearly 200 basis points in the past two years, most credit unions have seen the cost of funds increase only 5-10% of the change […]

September 5, 2018

Managing Operating Expenses When Your ROA is Under Pressure

Some credit unions are feeling margin pressure as deposit rates are starting to rise. Pressure from the evolving competitive landscape is an increasing challenge as well. The squeeze in margin is starting to hit earnings, and is impacting expectations for earnings as we look ahead to 2019 and beyond. So as we enter the fall, […]

August 22, 2018

Planning for the Unexpected?

Although the economy is humming along nicely right now, a survey of U.S. economists conducted by the National Association of Business Economics in May of 2018 suggested things could be changing. The results revealed that a full two-thirds of those surveyed believe the U.S. will experience a recession by the end of 2020. Numerous potential […]

November 29, 2017

Elevate Your Budgeting Process

The following article was written by c. myers and originally published by CUES on November 20, 2017. More and more credit unions are recognizing the value of elevating budgeting to expand strategic thinking and drive better business decisions.  The strategic budgeting process is an ideal avenue for connecting strategy, desired financial performance and risk appetite. To […]

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