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...
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...
BY MATTHEW JACOBSEN – Vice President In the past couple of years, credit unions have been inundated with the onset of the new FASB CECL standard. Planning process elements include: developing an understanding of the new standard, engaging the necessary credit...
BY CYNTHIA R. WALKER – CEO “New shoes, new shoes, / Red and pink and blue shoes” is the start of one of my favorite childhood rhymes. My sisters and I love shoes, and the beginning of a new school year meant a new pair of shoes. Several of us had narrow, long...
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...
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...