By Mark H. Smith, Founder

Credit unions and like-minded small businesses across the country are the heart and soul of the US economy. While big business focuses on...

By Cynthia R. Walker, CEO

At the time of the Great Depression, most home mortgages were short-term. The common term was three to five years, with no amortization,...

By Mark H. Smith, Founder

ALM models have come a long way. Over the last three decades they have evolved from simple spreadsheets estimating a gap between the repricing...

By Mark H. Smith, Founder

As we close out 2015 the credit union system will complete its seventh year hobbled by historically low interest rates. The Fed pushed the...

By Jeff Johnson

Early withdrawal penalties are designed to be a deterrent to members from withdrawing their certificates of deposit before the maturity date. In the...

By Mark H. Smith, Founder, Mark H. Smith, Inc.

Rates have been at historic lows for over six years. The Fed has (sort of) promised a modest rate hike later in 2015. The...

By Cynthia Walker, CEO, Mark H. Smith, Inc.

Exposure to IRR Remains a Top Priority for NCUA

By Mark H. Smith, CEO, Mark H. Smith, Inc.