c. myblog

March 31, 2011

Lower Earnings Or Increased Interest Rate Risk?

If there is one thing to be said infallibly about risk management, it is never black and white.  The historically-low rate environment coupled with mostly-anemic consumer loan demand has put increased pressure on credit union margins across the nation; moreover, many are reaching their floor with regard to lowering deposit rates.  In light of the […]

January 28, 2011

Threats To Interchange—More Than Just An Income Issue

The financial services industry is still holding its breath awaiting the repercussions of the Durbin Amendment reforming debit interchange.  The initial threat for which many are preparing is a material reduction in non-interest income.  Although the amendment exempts financial institutions with less than $10 billion in assets, opponents argue that merchants will (of course) coerce […]

January 14, 2011

Financial Literacy For Volunteers

Regulations from NCUA released last month are now putting more emphasis on a board of directors armed with enhanced understanding of finance and accounting concepts: Part 701.4 (3) Each Federal credit union director has the duty to… At the time of election or appointment, or within a reasonable time thereafter, not to exceed six months, […]

April 3, 2009

Response to the ANPR for Part 704

Below is an excerpt from our response to the ANPR for Part 704.  We encourage you to read the full nine-page version, which can be downloaded here.  Your thoughts and comments are appreciated. Overview It is apparent that the corporates with expanded investment authority are experiencing greater risk.  However, the range of risk varies in […]

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