Blog & Resources
Twas the night before New Year’s
‘Twas the night before New Year’s, two-thousand-fifteen, A most interesting year on the ERM scene. Consumers were vulnerable to hackers’ reaches, As merchants were “Targets” of broad data breaches. Emerging technologies...
To “wow” your members, you have to “wow” your employees
We hear “Wow!” a lot these days among many of the credit unions we work with, in the context of “Wowing the Member,” or “Wow Member Service.” But here’s a stark truth: you can’t “Wow” your members if you don’t first “Wow”...
Interest Rate Risk
The NCUA is hyper-focused on interest rate risk (IRR). They go so far as to include an “Interest Rate Risk Resources” button on their main webpage that includes, among other items, a video featuring NCUA Chief Economist...
Best Practices in auto lending: Risk vs. Reward
The auto lending arena grows more competitive with each passing year. In a time when the pool of prime borrowers has shrunk significantly, dealers are offering 0% financing to capture a large percentage of new auto...
When good is bad
The latest home price numbers (through May, according to S&P/Case-Shiller) looked pretty solid: the benchmark 20-City Composite measure was up 9.3% year-over-year (YOY). All 20 markets posted gains on an unadjusted...
Strategy Execution: Is it you or the regulator that is the problem?
Rochdale works closely with boards and management teams across the country on strategic planning, enterprise risk management and regulatory assistance, and as a result I have come to one unmistakable observation –...
Every rose has its thorns
A number of economists are presenting a pretty rosy outlook for the U.S. economy over the next several quarters. While I don’t disagree with the general positive direction of their forecasts, nor with the general...
What’s the real story on the NCUA risk-based capital proposed rule?
We have been hearing quite a few stories about the NCUA’s proposed risk-based capital (RBC) rule. Some of the comments might lead us to believe that the proposed rule will be the demise of the entire credit union system,...
Your future is upside-down
No assessment of a credit union’s risk is complete without a macro outlook on the economy and interest rates. But how can a credit union best develop a forward view of economic factors? As the old joke goes, if you line up...