c. myblog

March 10, 2011

Doing More With Less

Experts say one of the biggest outcomes from the current recession will be leaner companies that run more efficiently with less staff.  According to a recent article titled Companies Do More With Fewer Workers (USA Today, 02/23/11), productivity has risen more in the current recovery than previous ones (except for 2001), jumping 3.5% in 2009 […]

February 17, 2011

Shifting Deposit Trends

Over the last couple years, credit unions have grown lower-cost deposits.  This growth has largely been the result of a flight to safety that has occurred due to the economic environment.  Certificates of deposit (excluding IRAs) have decreased from a high of about 28% of funding in late 2007 to about 24% as of 3rd […]

January 20, 2011

When Will Loan Demand Pick Up?

This is the question at the forefront of many people’s minds—particularly as loan balances continue to decline and deposit costs move closer to their floor.  It’s a great question but impossible to answer with certainty.  Since our crystal ball is as cloudy as the next, perhaps a better way to approach the question is to […]

January 7, 2011

Recent Rise in Rates…

Many thought that the recent Fed actions would drive rates lower, or at least help keep them at their extraordinarily low levels.  However, in the roughly seven weeks since the Fed announced the second round of easing, the 10-year Treasury rate has actually increased about 100 bps, from 2.5% to about 3.5%.  Thirty-year fixed mortgage […]

December 17, 2010

Outlook for 2011

As we wrap up 2010, c. myers is interested in the outlook of credit union management teams as they prepare for 2011.   Please take a moment to follow the link below and answer a brief 4-question poll.  Your answers are anonymous and will not be made public.  Thank you for your participation—happy holidays! http://www.cmyers.com/survey/index.php?sid=52415

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