4 minute read – The following blog post was written by c. myers and originally published by CUES on September 19, 2022. Targeting younger customers is so common that you could say it’s ubiquitous, but the reasons why are often fuzzy. Gaining traction with this group in a way that benefits both younger people and … Continued
4 minute read – If you have a longer-term financial roadmap, you’re one of a growing group of institutions that have discovered the strategic benefits of this vitally important tool. If you don’t have one, it’s a good time to consider creating one. Much like technology roadmaps, financial roadmaps – also called strategic financial … Continued
3 minute read – The list of pressures on revenue and earnings seems to grow by the day. There are many different drivers of inflation right now, such as food prices, supply chain issues, and wage growth, each of which brings their own unique impacts. Rising rates, recession concerns, and tightening liquidity bring additional pressures … Continued
4 minute read – Why do you want to grow? Financial institutions have many different reasons, but one of them is almost always for scale. Digging deeper, they want to get the boost that size can give in terms of making it easier to grow revenue faster than expenses. Ironically, one of the most … Continued
6 minute read – The NCUA recently released an update to its Interest Rate Risk Supervisory Framework that specifically addresses the NEV Supervisory Test. In short, while the update provides some relief for credit unions, it also increases the amount of judgement in the exam process. This will require credit unions to make sure they … Continued
4 minute read – The competition for talent has been raging for the past few years. While it seemed to come to a head after the pandemic, the demographic underpinnings have been at play for decades. As teams work to meet today’s talent challenges, approaching the situation as if it’s permanent can recast the thinking, … Continued
3 minute read – With inflationary pressure and rapidly changing interest rates creating a lot of earnings uncertainty, leadership teams are laser-focused on increasing revenue streams to help support the bottom line. As important revenue opportunities are explored, frequently refreshing and assessing where to potentially take more risk will be key. A helpful exercise is … Continued
4 minute read – The following blog post was written by c. myers and originally published by CUES on June 1, 2022. It can be a struggle for boards and other stakeholders to consistently connect the organization’s actions and measures of success to its strategy. The strategy that was decided on during planning may become … Continued
Our world is moving fast, and it is more important than ever for organizations to be critical with their approach to people planning. In this c. myers live, we discuss how to become more strategic with your approach to your team and give leaders the right questions to ask. Brian McHenry As one of five … Continued
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
