7 minute read –“Wait…What? My balance sheet structure really hasn’t changed in the last few months, yet the NCUA NEV Supervisory Test now shows that we went from low/moderate risk to high risk, teetering on extreme. Why is there such a dramatic shift in results?” This is an example of recent conversations with credit union … Continued
3 minute read – With the Federal Reserve using monetary policy and increasing rates to combat inflation, there will be different winners and losers. Every financial institution has a unique exposure to rising interest rates. Some financial structures will experience an increase in earnings from higher fed funds and prime rates while others could see … Continued
3 minute read – High-performing organizations need high-performing people, and people need feedback to fully develop into high performers. In our work with financial institutions, we have found that leaders are often unaware of how they are coming across to people and the impact they have on their team. Even if they are aware of … Continued
4 minute read – Competitive pressure on Overdraft Protection (ODP) has become immense. What started as an incoming tide in mid-2021, has turned into a tsunami of pressure at the start of 2022 as more financial institutions are creating market pressure by completely revamping their position with respect to these types of fees. The growing … Continued
4 minute read – Many CFOs and leadership teams of eligible credit unions are evaluating whether secondary capital might be a strategic fit for their business models. Here are two scenarios to consider: Scenario 1 – We want to continue to grow and expand our markets Consider a credit union that has robust growth in their current markets and has … Continued
7 minute read – The following blog post was written by c. myers and originally published by CUES on November 22, 2021. We’re experiencing upheaval and uncertainty in the employment arena. One of the most common issues we’re hearing and talking about in strategic planning engagements is talent—more specifically, how to retain and engage the … Continued
4 minute read – As many leadership teams are in the process of building their 2022 budget, a common theme is emerging and that is an expectation for lower earnings next year. With the potential for less profit, no stone is being left unturned for important revenue generating opportunities. One way to increase Return on … Continued
7 minute read – It’s important for organizations to stick to their plans in order for strategic progress to occur. At the same time, the pace of change is driving a need to adapt faster. What’s the best way to approach decisions when faced with being flexible or staying the course? With the appropriate information … Continued
4 minute read – When we work with leaders and teams, one of the most effective practices we use is working agreements. Often, people have unspoken expectations for their interactions with others, and when these expectations aren’t met, it can create unnecessary frustrations or inefficiencies. A solution to combat this issue is to create a … Continued
4 minute read – The following blog post was written by c. myers and originally published by CUES on June 23, 2021. We often talk about personalization and connecting with the customer, especially as digital adoption grows, but there could be emerging opportunities that are not about forging direct relationships. Consumer behavior continues to shift, … Continued
