c. myblog

July 14, 2011

Do You Have A Clear Philosophy On Fees?

With fee income under fire, it is becoming more important than ever for credit union boards and managements to be able to articulate their philosophies on fees.  Simply saying, “We don’t like to fee our members” is not enough.  Most credit unions are already considering, if not implementing, new fees and fee increases—not because they […]

June 10, 2011

Concentration Limits

When setting concentration limits, one path credit unions have gone down is to set limits as a percent of portfolio (loans or investments).  Consider the following example when setting a limit like that. Credit Union A and Credit Union B are both $500M in assets and have 8% net worth.  Credit Union A has a […]

April 26, 2011

Proposed Interest Rate Risk Regulation

Newly proposed regulations would require federally insured credit unions to not only have an effective interest rate risk management program, but also a written policy addressing interest rate risk management.  The NCUA has taken this step due to concerns about the level of interest rate risk being taken by many institutions, as material concentrations in […]

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 […]

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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