“Times and conditions change so rapidly that we must keep our aim constantly focused on the future.”
Liquidity Management - Essential to Your Credit Union
Liquidity and liquidity risk management is essential for every FICU, regardless of size and complexity. All credit unions are required to have a policy and process in...
Economic Commentary - Interest Rates, Uncertainties, & 2020 Budget
Following the September 18th Federal Reserve Open Market Committee (FOMC) meeting, the FOMC announced a 25 bp cut in the fed funds rate target range which now stands at...
CECL - What We've Learned that Will Benefit Your Credit Union
This past summer, the Financial Accounting Standards Board (FASB) delayed the implementation of CECL for credit unions moving it to January 2023. Although this will...
Strategic Planning for Growth
The leaves are changing, and the kids are back in school. Another seasonal event for many credit unions is the budgeting and strategic planning for next year. This...
Rates are Falling - Is your ALCO and Board Prepared?
Do you feel like you’ve just gotten used to rates increasing from their historic lows and now talk of rates declining is making your head spin a little? Yes, rates may...
The Risk of Doing Nothing
Credit union managers are faced with a myriad of risk management decisions every day. These decisions have consequences, many of which can affect return on assets and...