The Economy The seven-year-old economic recovery in the U.S. real GDP is one of the longest recoveries in the past 100 years. Some would argue that by this duration alone, we are due for an economic slowdown. However, real gross domestic product (real GDP) increased...
Over the last 10 years the deposits in the credit union industry have experienced solid increases. In June of 2015 the savings balances at credit unions hit a milestone and topped $1 trillion. As of June 2016, deposits totaled nearly $1.1 trillion and increased 7.3%...
Expectations for the next federal funds rate increase seem to change on a dime these days. Furthermore, it would seem by some that Federal Reserve Bank authority “media moments” only add to this uncertainty as they often seem to flip from day to day and depending on...
In June the NCUA board reviewed the recommendation by NCUA’s Office of Examination and Insurance to consider releasing a proposal in the coming months to incorporate an “S” to the credit union CAMEL Ratings. The Examination and Insurance staff believe the changing...
Record low long-term U.S. Treasury interest rates and economic growth. The second quarter ended with the 10-year and 30-year U.S. Treasury yields at record lows. To put that in perspective, the U.S. Government has been issuing debt for over 220 years. The U.S....
A rate sensitivity analysis is very useful when attempting to determine how a change in the Fed Funds rate will impact a credit union’s cost of funds. As we have performed these analyses this year to help clients and prospects, we were somewhat surprised to observe...
