If your credit union runs a Net Economic Value (NEV) analysis as part of the A/LM process, how do you determine the credit union’s loan discount rate assumptions? Sometimes we hear credit unions say that their current loan offering rates are used as the discount rates in their NEV models. We do not believe this […]
Nobody will argue that the way we search for information over the last 10 years has changed dramatically. Gone are the days of bulky Yellow Pages and encyclopedias; if someone—especially the younger generation—wants information, they turn to search engines. According to the Pew Internet & American Life Project (January 2009), 87% of Gen Y use […]
Consider that… “25.5% of consumers, nearly 43.4 million people now have a credit score of 599 or below.” Who knows where credit ratings will be when the economy settles down. We think it would be helpful for decision-makers to have a strategic discussion on the role credit scores will play in lending decisions: Will the […]
