7 minute read – As rates have increased materially, and liquidity pressure continues to build, leaders will continue to be faced with high-impact decisions that can have longer term consequences. Reliable and timely financial decision-information is a huge component of a successful decision-making process. This blog on Static Balance Sheet Analysis (sometimes referred to as … Continued
As we enter a new year with strategic plans concluded, it is now time to hit the ground running on the list of key projects that will move the strategy forward. After receiving great feedback on this c. myers live we posted last year, we want to remind executives of a few ways to keep … Continued
4 minute read – Thriving leaders embrace the fact that they are in the people business, first and foremost. They realize and appreciate that – regardless of the external forces they face, how advanced technology becomes, and whether they are poised for rapid growth or preparing for recession – they still need to prioritize … Continued
4 minute read – The following blog post was written by c. myers and originally published by CUES on November 7, 2022. Asset/Liability Committee meetings are an opportunity to create compelling collaborations that are interesting, relevant, and result in better member value and better asset/liability management – AND you get to check the compliance box. If … Continued
3 minute read – When the going gets tough, the tough get going, but the tough might also be getting tired. Knowing that the world isn’t slowing down any time soon, it is essential that you are taking actions to ensure that you can sustain your leadership team and your financial institution through the next … Continued
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
