Liquidity – Part of a Three-legged Stool

BY CYNTHIA R. WALKER – CEO NCUA’s Supervisory Focus for 2017 and 2018 included both interest rate risk and liquidity risk. I expect both will remain on their supervisory priority list for 2019. We have observed that regulators have been monitoring liquidity more...

Current Economic Outlook and Interest Rates

BY MATTHEW JACOBSEN – VICE-PRESIDENT Are we seeing clouds gathering on the horizon for economic growth? Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the third quarter of 2018 according to the “third” estimate. As seen in the...

Alternative Liquidity Funding Sources

BY MATTHEW JACOBSEN – VICE-PRESIDENT True to its traditional roots, a credit union has tended to fund the balance sheet with retail shares or deposits borrowed directly from its members. Liquidity has been maintained by relying on the corporate credit union...