Blog & Resources
Economic Risk Monitor – 2024 Q1
We once again find ourselves reversing our position on the overall direction of the economy for 2024, as the resilience of consumer activity drives surprisingly strong output growth that appears to be sustainable.
The Swiss Army Knives of Credit Unions: The Crucial Role of Risk Professionals
In the landscape of the financial services industry, credit unions serve as pillars of trust, stability and support for their members. Amidst the ever-evolving challenges and uncertainties credit unions face, risk...
Economic Risk Monitor – 2023 Q4
“The only constant is change” is a quote that is mistakenly attributed to the Greek philosopher Heraclitus, but the misattribution doesn’t make the axiom any less true.
‘Twas the Night Before New Year’s
2024 is right around the corner and it is certain to be full of new opportunities and unexpected risks. Rochdale would welcome the opportunity to partner with you on your journey as you leverage your risk management program to bring new actionable insights to your organization.
The Myth of Falling Inflation
The headline inflation rate – specifically, the Consumer Price Index (CPI) – has declined on a year-over-year basis from a peak of 8.9% in June of 2022 to 3.2% as of October, the latest reading. Last June’s inflation level...
2023 Q4 – Mid-Quarter Economic Update
These are not insurmountable challenges, and there are strategic opportunities in every downturn for those credit unions willing to take educated, informed risks. Prudent and proactive risk management is the key to being prepared as 2023 comes to a close and 2024 unfolds, and Rochdale can help your credit union face that future with confidence.
The Nature of Risk
Back to the Basics: What is risk? Legendary football coach Vince Lombardi opened training camp for the Green Bay Packers in 1961 in historic fashion. The Packers had blown a 4th-quarter lead in the NFL Championship Game...
Economic Risk Monitor – 2023 Q3
Our Q2 outlook called for an economic downturn commencing in 2024. However, based on the strength of more recent data, we are revising our forecast. It now appears that the Fed may succeed in engineering a soft landing, a...
The Opportunity for Integrating Risk Appetite with Strategic Planning
Strategic planning lies at the heart of credit unions' mission to serve members, foster financial well-being, and thrive in a competitive financial landscape. Yet, one often underappreciated factor in the success of credit...