As we move into 2021, the following topics might be worth discussing and considering with your management team.
Earnings
During the first half of 2020, net interest...
Economic Uncertainties and Interest Rate Certainties - Asset Allocation Assessments and Considerations
Future GDP Projections
In September, the Federal Reserve Chairman spoke publicly on several occasions and reiterated that the central bank is committed to helping the...
What We Can Learn from the Financial Crisis
With the dramatic changes in the economy due to the Coronavirus, credit unions are wondering what they should expect moving forward. Even though this recession is unlike...
Managing Risk - Interest Rates, Net Interest Margin, and Capital
Recent Economic Activity
At the end of the first quarter and throughout the second quarter, the U.S. economy experienced one of the largest, if not the largest,...
Net Economic Value (NEV) and The Current Environment
As interest rates increased from 2016 through 2018 so did concerns pertaining to interest rate risk in the up-rate scenarios. Many credit unions saw an increase in the...
Economic Uncertainties and Scenario Risk Management
Prior to the Coronavirus expectations were for a gradual economic slowdown in 2020, but most economists were not expecting a full-blown recession. The abruptness and...
Opportunities For Credit Unions - People Helping People
In February 2020, I attended the CUNA GAC conference. It was a treat to attend a conference with intelligent, friendly, down to earth people working in the credit union...
As Interest Rates Go Down, What Does That Look Like For ALM?
On December 11th, 2019, the Federal Reserve left short-term interest rates unchanged at a target range of 1.5% to 1.75%. This year, the Federal Open Market Committee cut...
CECL and Your Credit Union’s Investment Portfolio
“Times and conditions change so rapidly that we must keep our aim constantly focused on the future.”