CUs Must Prepare for Rising Interest Rates, says Berkeley Professor

It’s a central banker’s worst nightmare: The economy is stagnating with a weak labor market, yet inflationary pressures are building. How should CUs prepare?

Puget Sound Area Economy Struggling to Rebound

The first article in our series on the region’s economic health focuses on Seattle, Tacoma, and Everett.

DCBS Finalizes Rules on Community Charter Field of Membership

At the end of 2010, the department issued the final rule on SB 438, which was passed in 2009, clarifying regulations around field of membership.

One-Quarter of NW Banks Still Problematic, say Rating Agencies

Bauer Financial and Highline Financial found that nearly 30 percent of Washington-based banks and 22 percent of Oregon-based banks are considered problematic or troubled.

The Knowledge Curve: Quantifying the Value in Disciplined Investing

One of the most intriguing similarities among credit union management teams is their lack of awareness with regards to the wide disparity between top performing investment portfolios and bottom performing investment portfolios.

Continued Attacks on Revenue Sources Pose Challenges for Credit Unions in 2011

As the Federal Reserve moves closer to implementation of the new interchange law, financial institutions across the country are concerned about how they will be affected by the possible loss of interchange fee income.

Consideration of Bankruptcy the Result of a Poor Economy

Falling home prices, rising medical costs, and a stagnant job market are causing many families in the Pacific Northwest to struggle to keep up with their debt obligations. In this environment, bankruptcy will look like an unwanted, but increasingly attractive option.

Impact of Fed Plan to Purchase Treasury Bonds on Defined Benefit Plans

The plan to buy more Treasury bonds announced by the Federal Reserve on November 3 could increase pressure on credit union’s defined benefits plan in the form of lower funding ratios, larger pension expense.

Oregon Legislative Week in Review

Some Oregon credit unions will be taxed if the state’s banker association gets its way in Salem this year. The Oregon Bankers Association late last week introduced House Bill 3263 to tax state-chartered credit unions and interstate credit unions.

Free Webinar: Is it Over Yet, Or Is This the Calm Before Another Economic Storm?

While the path to recovery is now smoother and wider, significant risks remain. In this Discovery session, CMG Chief Economist Dave Colby will share his economic and credit union forecasts, their operational implications and discuss key risk factors for both the recovery and credit unions’ long-term role in consumer finance.

CMG’s Jeff Post Sees Slow Economic Improvement

Business Solutions: Information from the League’s Business Partners

Bankrate’s First Credit Union Study Sees Positive Signs

Bankrate’s 2010 Credit Union Study, the first of its kind for this financial services research company, indicates that despite speculation that free checking may disappear from many national banks, the consumer-friendly practice is very much alive and well at credit unions.