There is a lot of uncertainty these days in the economic and interest rate environments. This has made decision-making at credit unions more difficult. In January 2019, we wrote a blog on some ways to manage through an environment with a flattening yield curve. Since that time, the yield curve has not only flattened, but […]
In a previous napkin math video, we demonstrated an easy way to approximate the change in value when interest rates increase or decrease for bullet and amortizing products. This latest entry in our Napkin Math video series shows how you can use that same approach to calculate how value has changed in the current rate […]
Excerpt from CUToday – published on May 20, 2019. “There is a side of CECL many are overlooking,” said Sally Myers, principal with c. myers corporation. “CECL requires a mindset shift. Initially, it is counterintuitive. Perhaps not to you, but certainly to other C-Suite executives and board members. There will be a disconnect between your […]
In a past edition of our c. notes, we discuss the Key Competencies of Strategic C-Suite Teams. While in the c. notes we explore 7 key competencies, in this blog we focus on the 6th competency – masters of the “so what” of the numbers and data to strategically drive the credit union forward, so […]
This excerpt comes from a webinar conducted by CUES where we discuss deposit acquisition. In less than 4 minutes, we discuss 4 questions you should answer if deposits are declining. To view the entire 1-hour CUES webinar, titled Dust off Your Deposit Acquisition Strategy, click here.