BY CYNTHIA R. WALKER, CEO Fed fund rates have increased 100 basis points since December of 2015 and yet credit unions, or for that matter, other financial institutions have not increased their deposit rates much over the same time frame. The last 12 months defies many...
There is a time and season for many events. At our house, we have a birthday season because a majority of my family have birthdays grouped into two consecutive months. There are other seasons such as school starting, spring, or the holidays. As we enter the 4th...
Have the ALCO minutes for your interest rate risk reviews started to feel a little stale? It’s important to keep in mind that even though interest rate risk analysis can seem monotonous, especially during flat interest rate environments, it’s an important monitoring...
The second estimate of the U.S. GDP annualized growth rate for the second quarter of 2017 was 3.0%. This was a much sharper increase than expected and a significant increase over the first quarter annualized growth rate of 1.2%. This was the highest annualized growth...
Deposit rates have been at historic lows for several years. The Federal Reserve has raised their target federal funds rate a few times, causing credit union managers to wonder, “Should we raise our deposit rates?” There are many reasons a credit union may feel...
Segmentation strategies continue to evolve as a tool to manage the cost of funds and optimize the flow of deposits. In 2001, we began urging clients to consider segmentation strategies, and we continue to advocate their use. The objectives of a segmentation strategy...
