5 minute read – When optimizing earnings, choosing a range of environments to plan on is an important strategic decision for any leadership team. Focusing on a range of expected rates, rather than a single rate environment, can help leaders embrace uncertainty – expanding information and encouraging discussions on actions that can improve earnings across … Continued
3 minute read – The following blog post was written by c. myers and originally published by CUES on December 10, 2020. You know you need to move the business forward, but an uncertain financial future makes it tough to decide which strategic investments should be made now and which can wait. Seeking the best … Continued
6 minute read – Many financial institutions are preparing for earnings pressure to continue in 2021. Short-term rates near zero and record low long-term rates are squeezing net interest margins. Gains on mortgage sales have helped, but that level of income can’t continue forever. Understanding where your financial structure is making money, losing money, or … Continued
3 minute read – The following blog post was written by c. myers and originally published by CUES on June 11, 2020. Waiting for the storm to blow over won’t work; instead do judicious budget trimming that puts strategy first. Like in the Great Recession, decision-makers are facing a margin squeeze, credit risk is unknown … Continued
3 minute read – Heading into 2020, consumer experience continues to be a top focus for credit unions and banks. Delivering the experiences that target markets value is almost universally understood to be foundational to a sustainable future. As financial institutions make critical choices in where to focus their consumer experience efforts, more are using their … Continued
We live in a data driven world, but the data is far more useful if it is accessible and reliable. Ask yourself – do you view the reliability and accessibility of your data as a competitive advantage or a frustrating drag? Do you have multiple sources of information that sometimes show conflicting information, especially when … Continued
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. … Continued
How will you respond? Imagine a world where member deposits are harder and harder to come by—a world in which slow leaks in the potential deposit pool have become a steady drain. As you imagine that world, the time to think strategically about how you could respond is now, before it actually happens. People have … Continued
