Credit unions are continuing to focus on their operations, while also monitoring their liquidity and credit risk to try to understand their exposure in light of the pandemic. The NCUA appears to be on the same track. Last week, the NCUA released Letter 20-CU-12 – Outreach Related to COVID-19 Impact, asking credit unions to answer […]
We recognize that credit union leaders are facing uncertainties now more than ever. Conversations with our clients are happening daily to help with strategic thinking, strategic planning, and financial modeling. C. myers live is an opportunity to take these conversations to the masses. Your preparedness and the industry’s preparedness affect your ability to address a […]
7 minute read – We are having numerous discussions with CEOs and CFOs regarding liquidity and while none of them are exactly the same, there are two common themes. One is a great concern for a liquidity crunch and the other is a concern for flight to safety. Since the industry has more recent experience […]
We recognize that credit union leaders are facing uncertainties now more than ever. Conversations with our clients are happening daily to help with strategic thinking, strategic planning, and financial modeling. C. myers live is an opportunity to take these conversations to the masses. There is an unlimited number of paths that the future may hold. […]
To listen to an audio version of this blog, click here. By now, we are all aware that our current environment is changing by the minute and uncertainty drives behaviors. While we are not yet hearing huge rumblings in the credit union industry on the cash and liquidity front, it is prudent to consider the […]
