It’s no secret that credit unions have tons of data that can be turned into actionable decision information. There are numerous options for financial institutions to take data, apply it to marketing efforts, and help enhance ALM results. Here is just 1: Focusing on the source of new members and the age of new members […]
Many credit unions are telling us that money markets are walking out the door. How concerned are you about this trend over the next 2 years? Let us know by taking our poll.
With market interest rates on the rise for the first time in nearly 15 years, comes a host of new considerations for the credit union industry. Among them is an understanding that many Interest Rate Risk (IRR) policy limits are in fact a moving target. Whether rates stay put, continue to increase, or possibly head […]
Being an Asset/Liability Committee (ALCO) member is one of the most exciting roles in the credit union. If you have the urge to roll your eyes right now, read on. Asset/liability management (A/LM) touches almost every area of the credit union and connecting all those dots is not only exciting, it can be hugely impactful. […]
If you’re not already taking a closer look at the real estate lending side of your business, there are plenty of reasons to do so. Home shortages, rising rates, competition, and tax law changes are some of the forces at work that warrant a renewed look at mortgage lending. Many credit unions will find they […]