By Matthew Jacobsen After 7 years of historically low rates, the Federal Open Market Committee (FOMC) increased the Fed Funds target rate by 25 basis points. The committee cited various positive economic data as its basis for the action. However, the press release of...
By Cynthia Walker, CEO and Jeffrey Johnson The January 2016 Consumer Report magazine front cover reads, “Get the Bank of Your Dreams.” The focus of their main article ties in very closely with the topic I want to address. When people I meet find out I work...
By Mark H. Smith, Founder ALM models have come a long way. Over the last three decades they have evolved from simple spreadsheets estimating a gap between the repricing points of assets and liabilities to sophisticated computer-driven software that considers a...
By Mark H. Smith, Founder As we close out 2015 the credit union system will complete its seventh year hobbled by historically low interest rates. The Fed pushed the rates down to these historic lows in the fourth quarter of 2008. Most of us assumed that it would be a...
