Liquidity remains a relevant topic, and we have written several blogs recently dealing with this important issue: Deposit and Liquidity Concerns and Is Your Certificate Promotion Doing What You Want?. Some places are seeing liquidity tighten due to outflows in deposits, though for many credit unions liquidity pressures are being driven primarily by growth in loans. […]
The following blog post was written by c. myers and originally published by CUES on January 2, 2019. 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 […]
We have been talking about expectations of deposit and liquidity pressures for the last several years. Now, for many places those concerns are becoming reality. Loan growth for the industry has averaged about 10.6% for the last 4 years, while deposit growth has averaged about 6.1% for the same time frame. At the end of […]
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.
As liquidity and cost of funds pressures continue to be a focus, credit unions are exploring possible funding options within the liquidity toolbox. Among them, certificate promotions which, in this rate environment, are becoming a more frequently used tool. On the surface, attracting liquidity through certificates seems straightforward. Offer a competitive rate, promote it, and […]
