Blogs

The Changing Tides of Non-Interest Income

BY JEFFREY JOHNSON   Average fee and other operating income were both increasing leading up to the financial crisis. However, since the financial crisis, fee income has been steadily decreasing and other operating income has been increasing. The increase in other...

ALCO – Always Looking Constructively

BY CYNTHIA R WALKER, CEO   The Asset Liability Committee plays a large role in the strategizing and performance of a credit union. Understanding the ALCO’s role and how to organize and utilize an effective ALCO can be ever changing and worth reviewing. Whether you...

Consumer Lending: Leave No Stone Unturned

BY SCOTT BUTTERFIELD, GUEST AUTHOR   Today’s competitive landscape requires many different loan-growth strategies that range from squeezing a little more from indirect auto channels, to a plan to increase higher-yielding consumer loans. Today’s lenders are always...

Minding the Margin

BY MATTHEW JACOBSEN   The Federal Funds rate has now been increasing since December of 2015. The current Federal Funds target rate is 1.75% at the time of this writing. The U.S. Treasury curve three-month to five-year terms have also been increasing during this time...

Mary, Mary, Quite Contrary

BY CYNTHIA R. WALKER, CEO   “Mary, Mary, quite contrary, how does your garden grow?” is the beginning of a popular nursery rhyme and comes to mind while thinking of how the credit union system has grown and changed over the last 10 years. As of June 2007, total shares...

Ensuring Data Completeness and Integrity

BY MATTHEW JACOBSEN Achieve Better Measurement, Performance, and Member Service As data storage, computation, and analysis technology continues to advance, many financial institutions continue to leverage this evolution to improve performance and customer service. At...

Credit Union, Economic and Interest Rate Outlook

By Matthew Jacobsen, VP In 2017, credit unions continued to see solid loan, share, and membership growth. Growth in these areas has been consistent since the last recession, and loan growth has slightly picked up the pace in recent years. Loan portfolio credit...