by Feminella, Amy | Jan 23, 2022 | Credit Union Advisors, Insights
Welcome to the fifth and final part of our strategic growth series. Throughout our preceding posts, we’ve discussed various topics, including: The rate at which your credit union needs to grow annually just to stay relevant in the CU movement: 9.2% How we arrived at ...
by Feminella, Amy | Nov 16, 2021 | Credit Union Advisors, Insights
In our prior posts we’ve described the need to grow – both from a market relevance standpoint (9.2% per year – sustainably) and from an operating efficiency standpoint (all things being equal, operating expense per unit goes down as assets go up). Now, we...
by Feminella, Amy | Oct 31, 2021 | Credit Union Advisors, Insights
Welcome to post three in our five-part series on strategic growth. In the first part of this series, we introduced the figure 9.2%—the approximate rate at which your credit union must grow annually for the foreseeable future just to keep place with its peer group! In...
by Feminella, Amy | Oct 24, 2021 | Credit Union Advisors, Insights
The supply of available money in the global financial system is growing over time. If we use M2 as the “supply” of money available in the U.S. financial system we can see the trend in growth of money supply using the chart below: Historically, roughly 9 to 10% of that...
by Feminella, Amy | Oct 10, 2021 | Credit Union Advisors, Insights
Congratulations! You’ve made it through one of the most challenging periods on record! This past year has brought a myriad of unforeseen challenges to credit unions—remote work, loan forbearance, PPP small business loans, a flood of stimulus deposits, loan roll-offs,...
