by Feminella, Amy | Dec 12, 2021 | Bank advisors, Compensation Advisors, Insights
We know, every advisory says they’re different from the rest. But the difference is, at Newcleus, we are. Today, we have Richard Pearson, EVP and Chief Operating Officer at Newcleus, on video talking about what makes Newcleus, well, Newcleus. Rich is a graduate of...
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 | Bank advisors, Compensation Advisors, Insights
In 2016, Bank Director conducted research about the retention rates of different generations within the banking space. They found that only two-thirds of banks surveyed were actively trying to attract millennials as employees at the time. However, out of those...
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...
