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What does ECIP mean to your Credit Union?

by Feminella, Amy | May 17, 2021 | Credit Union Advisors

The COVID-19 pandemic brought many changes for credit unions. These changes came in the form of stimulus packages, government programs, excess liquidity on balance sheets, and more. But there’s another important program surfacing that’s important to know about—let’s...
How some credit unions are taking advantage of excess liquidity

How some credit unions are taking advantage of excess liquidity

by Feminella, Amy | Apr 23, 2021 | Credit Union Advisors

At Newcleus CU Advisors, we’ve seen credit unions struggle under the weight deposits inflated by unprecedented government stimulus. As wave 2 of stimulus hit balance sheets in March, credit unions continue to struggle to find ways to deploy excess deposits.  With tax...

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