Reevaluating Policy Limits

Reevaluating Policy Limits

As we all know, credit union net interest margins have declined since 2009. Based on call report data the average net interest margin in 2009 was 363 basis points (bps) and in September 2016 was 311 bps. Investment portfolios fully matured and reinvestment options did...
Managing and Controlling Your Sales Culture

Managing and Controlling Your Sales Culture

Measured by total loans, Wells Fargo Bank is the largest bank in America. It is also one of the largest when measured by retail deposits. Over the past six months, Wells Fargo has become the poster child for how not to develop and manage a sales culture....
Economic and Interest Rate Commentary

Economic and Interest Rate Commentary

The Economy The seven-year-old economic recovery in the U.S. real GDP is one of the longest recoveries in the past 100 years. Some would argue that by this duration alone, we are due for an economic slowdown. However, real gross domestic product (real GDP) increased...
Utah First FCU Success In The Face Of Intense Competition

Utah First FCU Success In The Face Of Intense Competition

Utah First Federal Credit Union continues to succeed and outperform the majority of its peers. Based in Salt Lake City, Utah, Utah First is not lacking for competition. It’s true that at $304 million, the credit union has resources that many small credit unions don’t....