By Cynthia R. Walker, CEO, Mark H. Smith, Inc. The adage “A picture is worth a thousand words” appeared in newspapers in the early 1900s and refers to the notion that a complex idea can often be presented more easily with an image. A Napoleon Bonaparte quote is...
By Jason Williams, Financial Analyst The Smithsonian in Washington DC opened an exhibit titled “American Enterprise” on July 1st of this year. The exhibit is the first of its kind at the Smithsonian and makes an attempt to chronicle some of the history of...
By Mark H. Smith, Founder, Mark H. Smith, Inc. and Matthew Jacobsen True to its traditional roots a credit union has tended to fund the balance sheet with retail shares or deposits borrowed directly from its members. Liquidity has been maintained by relying on...
By Jason Williams, Financial Analyst, Mark H. Smith, Inc. Traditionally, inflation is measured by the Consumer Price Index (CPI) which creates a baseline for a basket of goods purchased by a typical household and then measures the increase (or decrease) in the prices...
By Mark H. Smith, Founder, Mark H. Smith, Inc. Segmentation strategies continue to evolve as a tool to manage the cost of funds and optimize the flow of deposits. We began urging clients to consider segmentation strategies in 2001 and continue to advocate their use....
By Mark H. Smith, Founder, Mark H. Smith, Inc. In its IRR Regulation adopted in September of 2012, NCUA clearly defined the responsibilities for managing IRR. In Part 3 of Appendix B, NCUA names the board of directors as responsible for approving policy, major...
