Financial Performance

Economy

By Jason Haley | July 8, 2019

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Samantha Cristobal | June 27, 2019

What credit unions need to know about members, lending, asset quality, share balances, and more at first quarter 2019.

By Jason Haley | June 7, 2019

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

 

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By Samantha Cristobal | May 17, 2019

Find out how credit unions kicked off the year in shares, asset quality, and income.

By Aman Johal | May 17, 2019

Artificial intelligence and real economics drive the discussion on day two at CU Direct’s annual educational confab.

By Aman Johal | May 15, 2019

It's time for credit unions to respond to changes in consumer expectations in the lending experience.

By Jason Haley | May 3, 2019

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Jason Haley | April 3, 2019

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Aman Johal | April 1, 2019

What credit unions need to know about members, lending, asset quality, share balances, and more at fourth quarter 2018.

By Sharon Simpson | March 28, 2019

Takeaways from ALM First’s Financial Institute.

By Jason Haley | March 6, 2019

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Aman Johal | Feb. 14, 2019

Find out how credit unions performed in 2018, 10 years after the economic downturn.

By Jason Haley | Feb. 5, 2019

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

Having the right strategy in place makes investment decisions fairly independent of interest rate rises and falls.

By Rebecca Wessler | Jan. 14, 2019

Five can't-miss data points this week on CreditUnions.com.

By Jason Haley | Jan. 4, 2019

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Aman Johal | Jan. 1, 2019

What credit unions need to know about members, lending, asset quality, share balances, and more at third quarter 2018.

By Dwight Johnston | Jan. 1, 2019

Lost momentum is hard to get back, and the loss of forward momentum in the U.S. economy has become entrenched.

By Jason Haley | Dec. 6, 2018

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Erik Payne | Oct. 30, 2018

Many Americans live out their financial nightmares every day. This Halloween, Callahan employees share what their nightmares look like.

By Rebecca Wessler | Oct. 15, 2018

Five can't-miss data points this week on CreditUnions.com.

By Jason Haley | Oct. 3, 2018

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Sam Taft | Oct. 1, 2018

What credit unions need to know about members, lending, asset quality, share balances, and more at second quarter 2018.

By Dwight Johnston | Oct. 1, 2018

Industry leaders don’t need a crystal ball to see the future. It’s written in auto, jobs, and housing.

By Sam Taft | Sept. 20, 2018

Callahan’s chief analyst shares his takeaways from ALM First’s Financial Forum.

By Sharon Simpson | Sept. 20, 2018

When and how to reprice deposits, liquidity management, and the potential for a future economic recession are a few of the key themes being discussed during ALM First’s Financial Forum this week.

By Jason Haley | Sept. 7, 2018

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Jason Haley | Aug. 6, 2018

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Erik Payne | July 30, 2018

Technology Credit Union has repositioned its balance sheet to prepare for today’s rate environment.

By Rebecca Wessler | July 2, 2018

Five can’t-miss data points this week on CreditUnions.com.

By Dwight Johnston | July 1, 2018

Look at the shape of the yield curve within the context of other factors in the economy and not as a stand-alone predictor of recession.

By Erik Payne | June 28, 2018

Low unemployment, worker shortages, and normalized bad behavior has given rise to a new trend.

By Jason Haley | June 6, 2018

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Ian Melhorn | June 4, 2018

Speakers at the annual CU Direct conference talk about today’s business environment and tomorrow’s recession.

By Ian Melhorn | April 30, 2018

What credit unions need to know about members, lending, asset quality, share balances, and more at year-end 2017.

By Jason Haley | April 2, 2018

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Dwight Johnston | March 29, 2018

The lion ate the lamb for dinner, but on this last day of the month, the stock market is finally quiet.

By Dwight Johnston | March 22, 2018

Trade news is back in the spotlight after the Trump Administration announced $50 billion in new tariffs aimed directly at China.

By Dwight Johnston | March 15, 2018

The trade story is not done. It’s just in intermission.

By Jason Haley | March 7, 2018

What market drivers could also impact the credit union investment portfolio?

By Dwight Johnston | March 1, 2018

Whether inflation swells or holds steady in the coming year relies on two variables.

By Jason Haley | Feb. 5, 2018

What market drivers could also impact the credit union investment portfolio?

By Dwight Johnston | Jan. 18, 2018

Plus, a congressional spending bill vote looms.

By Jason Haley | Jan. 9, 2018

This monthly market commentary helps credit unions look beyond the headlines to better understand what is driving market trends that could impact the investment portfolio.

By Marc Rapport | Dec. 20, 2017

It may or may not be a bubble, but consumer debt might roil the waters for credit unions and their members. Can machines learn to help with that?

By Dwight Johnston | Dec. 1, 2017

A change in the funds rate and 10-year note would bring the yield curve back into the realm of normal after years of being out of bounds.

By Jason Haley | Nov. 21, 2017

This insightful monthly market commentary will help you look beyond the headlines to better understand what is driving the current market trends that could impact your credit union’s investment portfolio.

By Dwight Johnston | Nov. 16, 2017

Why we might not see a higher funds rate next year.

By Dwight Johnston | Nov. 10, 2017

What the potential for tax reform means for the stock market.

By Dwight Johnston | Nov. 2, 2017

And what we can expect of the new Fed Chairman.

By Dwight Johnston | Oct. 19, 2017

1987 and 2017 share at least one common trait, but remembering Black Monday is not to create fear. It's to encourage watchfulness.

By Dwight Johnston | Oct. 12, 2017

After four consecutive weeks of losses for bonds, the bond market has been up each day this week. Will tomorrow's consumer price index release bring that streak to a halt?

By Dwight Johnston | Oct. 5, 2017

Friday’s jobs report will be messy and easily forgotten. Traders will go through the motions of reacting, but the numbers will have no staying power.

By Dwight Johnston | Sept. 28, 2017

Don’t be the first or the last financial institution on the block to raise rates.

By Dwight Johnston | Sept. 22, 2017

The markets react mildly to yesterday's Fed meeting.

By Elan Financial Services | Sept. 11, 2017

A focus on growing the credit card portfolio can yield growth among multiple loan touch points.

By Dwight Johnston | Sept. 7, 2017

Uncertainties regarding a new Fed chair, the debt ceiling, budget, and tax reform make it unlikely there will be a carefree Christmas.

By Dwight Johnston | Sept. 1, 2017

With housing trends skewing national in scope, concerns arise that a bubble could blow up.

By Dwight Johnston | Aug. 24, 2017

Stocks, bonds, and the debt ceiling. There's a lot fueling a sense of economic uneasiness.

By Dwight Johnston | Aug. 3, 2017

A snapshot of the bond market reveals bullish speculators are back.

By Dwight Johnston | July 27, 2017

Yesterday's FOMC statement has bond traders thinking Fed tightening might be over.

By Dwight Johnston | July 20, 2017

Speculative bond traders see in Europe the opportunity to put the market back on track.

By Dwight Johnston | July 6, 2017

Why some traders are worried about President Trump’s visit to Europe for the G-20 summit.

By Dwight Johnston | July 1, 2017

Shorter-term rates have moved higher, but the bumps in the overnight rate have had little impact past the two-year note.

By Dwight Johnston | June 22, 2017

Amazon’s purchase of Whole Foods is not a game-changer for inflation or Fed policy.

By Dwight Johnston | June 8, 2017

Thursday offers a lineup of three possible threats to the markets.

By Dwight Johnston | May 18, 2017

Three ways the special investigation into Trump’s presidential campaign could impact the economy.

By Dwight Johnston | May 4, 2017

What traders learned from yesterday's FOMC statement, and how they'll react to the latest health care vote.

By Dwight Johnston | April 20, 2017

Traders and Wall Street are making a big deal out of the French election. Here's what Americans need to know.

By Dwight Johnston | April 13, 2017

The movement in the bond market this week was not based on real concerns about the geopolitical scene.

By Dwight Johnston | April 6, 2017

Fed officials can no longer deny they consider the markets when deciding monetary policy.

By Dwight Johnston | March 31, 2017

Growth in consumer credit has sparked concern about credit quality. How will credit unions know when it’s really time to worry?

By Jay Johnson | March 31, 2017

When employees prioritize what is best for the member, they demonstrate the cooperative difference.

By Dwight Johnston | March 30, 2017

Does the Fed still matter to bond traders?

By Dwight Johnston | March 23, 2017

Will the health care bill make it to the floor? And how will the market respond to Congressional pressuring?

By Sharon Simpson | March 20, 2017

When Keys FCU put itself into voluntary conservatorship in 2009, its leaders and staff knew rebuilding together was the only way to save the credit union.

By Dwight Johnston | March 16, 2017

Bond traders responded fervently to yesterday's rate hike.

By Dwight Johnston | March 9, 2017

Last week's Dow rally fades into memory as the market looks for additional positive reinforcement.

By Dwight Johnston | March 2, 2017

The stock market reacted to Trump’s speech on Tuesday with a triple-digit jump on Wednesday.

By Dwight Johnston | Feb. 23, 2017

The March meeting is the Fed’s best shot to start what it claims will be three tightenings this year.

By Dwight Johnston | Feb. 16, 2017

Wall Street has fought the bull market for the past year, always looking for a better buying opportunity.

By Dwight Johnston | Feb. 9, 2017

The appeals court reviewing the president's travel ban could render a decision before the week's end.

By Dwight Johnston | Feb. 2, 2017

Trump needs to start working on big issues and stay away from the petty stuff or he will destroy what is left of the goodwill in the markets.

By Dwight Johnston | Jan. 26, 2017

Buyer demand for the 10-year is not what traders hoped for.

By Dwight Johnston | Jan. 19, 2017

U.S. employment might be nearing its maximum limit, but there are still pockets of unemployed workers around the country.

By Dwight Johnston | Jan. 5, 2017

The year's first economic reports are out, and at least one is good news for credit unions.

By Dwight Johnston | Dec. 22, 2016

All is calm, but is all bright?

By Dwight Johnston | Dec. 15, 2016

There will most certainly be more liquidation to come unless the market narrative changes dramatically.

By Dwight Johnston | Dec. 8, 2016

News from the European Central Bank is not what traders needed or wanted.

By Dwight Johnston | Dec. 1, 2016

November might have been a nightmare, but today’s Treasury rates aren’t far off 2015.

By Dwight Johnston | Dec. 1, 2016

What would “normal” rates look like in the coming year, and what events might prevent rates from getting there?

By Jay Johnson | Dec. 1, 2016

With a more favorable environment, credit unions are poised to make an even greater impact in the coming year.

By Dwight Johnston | Nov. 10, 2016

The lack of liquidity in the bond market has been an ongoing problem, and now the dam seems to be breaking.

By Dwight Johnston | Nov. 3, 2016

Traders are doing little besides watching the newswires for election news.

By Callahan & Associates, Inc. | Oct. 28, 2016

How crowdfunding provides an actionable game plan for credit unions to help rejuvenate their local economy, and the case for credit unions to get started.

By Dwight Johnston | Oct. 27, 2016

Once the dust settles, why U.S. traders will go back to watching the German market.

By Dwight Johnston | Oct. 18, 2016

What do jobs, houses, and autos say about the road ahead for credit unions?

By Dwight Johnston | Oct. 13, 2016

In September, China reported a sharper drop in exports than was expected. What does that mean for the bond market?

By Dwight Johnston | Oct. 6, 2016

What should credit unions expect from Friday's barrage of economic reports?

By Dwight Johnston | Sept. 29, 2016

Oil rallies for a day, and stocks tag along for the ride.

By Dwight Johnston | Sept. 22, 2016

Both stocks and bonds rallied yesterday on the heels of two central bank meetings.

By Dwight Johnston | Sept. 15, 2016

Neither stocks nor bonds have made headway in either direction.

By Dwight Johnston | Sept. 8, 2016

Expected news out of Europe has nonetheless piqued the interest of traders everywhere.

By Dwight Johnston | Sept. 1, 2016

The markets were quiet for most of August, and traders are eager for September to bring more activity.

By Dwight Johnston | Aug. 18, 2016

The lack of a unified opinion from the Federal Reserve's Board of Governors will leave the Fed in the dust when rates rise.

By Dwight Johnston | July 4, 2016

How three possible rate paths could throw a curveball during the 2017 budgeting process.

By Sam Taft | July 4, 2016

Credit unions with strong technology offerings outperform their peers in growth, penetration, and average relationships.

By Marc Rapport | June 30, 2016

Future shock, building a credit union blockchain, and a sustainable initiative to create credit union awareness were all topics at America’s Credit Union Conference.

By Dwight Johnston | June 30, 2016

The knee-jerk reaction to the Brexit vote is over, but the extent of the fallout is still unknown.

By Dwight Johnston | June 24, 2016

Against the predictions of traders, the UK voted yesterday to leave the European Union.

By Dwight Johnston | June 23, 2016

The British are at their polling stations, and the Brexit vote is on.

By Dwight Johnston | June 16, 2016

The Fed should admit it plans to raise interest rates only once it sees stronger economic growth, calm global conditions, and a sustainable upward trend in inflation.

By Marc Rapport | June 15, 2016

Credit unions correlate giving back and growing loans, while accounting standards and succession planning spur table talk.

By Dwight Johnston | June 9, 2016

Mario Drahi and George Soros are dinging stocks and giving bond traders a reason to dip below a key level.

By Liz Furman | May 30, 2016

Low oil prices can seem great at the pump, but some states are feeling the pinch.

By Dwight Johnston | May 19, 2016

Despite the strong suggestion by the Fed that it will increase rates in June, two events could cause it to hit the pause button.

By Dwight Johnston | April 7, 2016

What the future might look like should the U.S. Fed adopt the policies of the central banks in Europe and Japan.

By Dwight Johnston | March 31, 2016

Securities end quarter strong, while next quarter could determine rates for years to come.

By Dwight Johnston | March 24, 2016

Fed officials have sounded sounded more upbeat on the economy than Yellen sounded last week.

Safe, liquid investments drive year-end "window dressing" as Feds act on long-awaited rate increase.

By Dwight Johnston | March 17, 2016

The Fed has been throwing off mixed signals for years; yesterday’s FOMC statement was just the latest.

By Dwight Johnston | March 10, 2016

Memo to U.S. traders: Set aside the ECB and focus on what our own Fed might say next week.

By Dwight Johnston | March 3, 2016

Friday's U.S. jobs report is taking on more importance than we have seen in some time.

Blog
Dream Big

By Dwight Johnston | Feb. 25, 2016

Traders have avoided getting caught up in the Chinese stock market, but can they wean themselves away from oil enough to watch fundamentals again?

By Chip Filson | Feb. 22, 2016

Credit unions need to value service as much as profitability and be able to show it.

By Jon Jeffreys | Feb. 10, 2016

Traditional retailers and credit unions are not necessarily on the same side of the digital divide when it comes to moving the model online.

By Marc Rapport | Feb. 2, 2016

Compliance dance card overflows in 2015 while credit union legal beagles see TRID and true changes in 2016.

By Sam Taft | Feb. 1, 2016

In today’s changing and often-uncertain economic environment, balance sheet management is top-of-mind with credit union executives.

By Dwight Johnston | Jan. 28, 2016

Amid volatile movement in the stock market, the Federal Reserve is simply watching the world go by.

By Dwight Johnston | Jan. 21, 2016

New technology has displaced oil’s major role in the global economy.

By Dwight Johnston | Jan. 7, 2016

A drop in the Chinese currency sparks a new wave of selling.

By Dwight Johnston | Dec. 3, 2015

After the big jump in October payrolls, a more normal gain is expected.

By Chris Howard | Nov. 30, 2015

Credit unions should get together to tackle data, overcome challenges, and compete.

By Dwight Johnston | Nov. 19, 2015

Movement in the excess reserve rate could mean a major increase in income.

By Rebecca Wessler | Nov. 18, 2015

Third quarter performance data showcases credit union successes in lending and shares.

By Dwight Johnston | Nov. 12, 2015

Does bad news from the nation's largest retail sales department store bring sad tidings for the holiday season?

By Dwight Johnston | Nov. 5, 2015

If and when the Federal Reserve finally raises the overnight funds rate, the bond market will already be way ahead.

By Dwight Johnston | Nov. 4, 2015

Early warning signs suggest values in hot markets are getting stretched, and increased mortgage rates will send some areas into overvalued territory.

By Dwight Johnston | Oct. 29, 2015

Stock traders like easy money, but they don’t like seeing the Federal Reserve basing decisions on shaky global markets.

By Dwight Johnston | Oct. 15, 2015

Despite a rally in Chinese stocks, traders are looking for bad news.

By Dwight Johnston | Oct. 8, 2015

More good news for the long-term outlook of the housing market.

By Dwight Johnston | Oct. 1, 2015

Stock traders are trying to use Wednesday’s rally as a launching pad for a better fourth quarter, but the market is looking a bit wobbly.

By Dwight Johnston | Sept. 24, 2015

Investors are fed up with market confusion. Will a lecture today by the Fed chair provide any clarity?

By Dwight Johnston | Sept. 17, 2015

How the markets will react to today's FOMC statement is anyone's guess. The markets stopped making sense a long time ago.

By Dwight Johnston | Sept. 10, 2015

Where the markets end price-wise today is anyone’s guess. But we can be certain that the markets will end the day just as uncertainly as they are beginning.

By Dwight Johnston | Sept. 3, 2015

The bond market’s problem isn’t just selling by China.

By Dwight Johnston | Aug. 27, 2015

Although Donald Trump might tell you China is trying to destroy America, the simple fact is the Chinese need to raise money to fund support efforts at home.

By Marc Rapport | Aug. 20, 2015

Surging credit union metrics combine with startling measures of Americans’ financial woes to paint picture of opportunity and challenge.

By Erik Payne | Aug. 19, 2015

Second quarter performance data showcases current and future areas of growth for credit unions, including loans, shares, and variety of income.

By Dwight Johnston | July 30, 2015

This indecision over whether to tighten rates is wasted angst.

By Dwight Johnston | July 23, 2015

A slow summer day, mixed earnings for two symbolic companies, and dropping oil prices present a mixed bag for a sluggish global economy.

By Dwight Johnston | July 16, 2015

Traders shrug at the deal struck between the European Union and Greek Parliament but turn their attention to ECB president Mario Draghi.

By Dwight Johnston | July 9, 2015

Hopefully, U.S. traders are not really focusing on Chinese markets. Why optimism over Greece in Europe is growing also is unclear.

By Dwight Johnston | July 2, 2015

Regardless of what happens in Europe, we can expect one outcome on Monday.

By Jay Johnson | July 1, 2015

Good decision-making and a focus on the fundamentals has helped cooperatives shape their local economies.

By Dwight Johnston | June 25, 2015

The rhetoric out of Greece suggests the crisis could be resolved as early as next week.

By Dwight Johnston | June 18, 2015

This data-dependent board of governors will do nothing until evidence slaps it in the face.

By Dwight Johnston | June 11, 2015

Minor consumer splurge in May drives first strong numbers in many months.

By Dwight Johnston | June 4, 2015

The German bond market led the way on Wednesday as the 10-year note closed the day at 0.85%.

Blog
China Blue

By Dwight Johnston | May 28, 2015

Global stock markets are having a sympathetic reaction to the Shanghai Composite.

By Dwight Johnston | May 21, 2015

The markets are trading quietly as the Fed takes a wait-and-see approach on raising interest rates.

By Dwight Johnston | May 12, 2015

Bond traders are on their tiptoes in an effort to not disturb the German beast.

By Dwight Johnston | May 6, 2015

Fed chair Janet Yellen’s comments during an IMF conference on Wednesday contributed to a global sell-off of stocks last night.

By Janet Lee | May 4, 2015

Credit unions are increasing their holdings in securities available-for-sale while banks are increasing their holdings in securities held-to-maturity. How do these different strategies relate to price risk?

By Dwight Johnston | April 30, 2015

Dow futures are down 20 points in preopening trading and bond prices are close to unchanged to start the last day of April.

By Dwight Johnston | April 23, 2015

The NASDAQ teeters on the precipice of breaking even after 15 years, and the German 10-year yield sneaks a surprise attack on the bond market.

By Dwight Johnston | April 16, 2015

Disappointing numbers in U.S. housing starts could be a lingering effect of the winter blues.

By Callahan & Associates | April 15, 2015

Does the future look bright for U.S. credit unions? Industry leaders weigh in on where they see opportunities and challenges.

By Dwight Johnston | April 9, 2015

In yesterday's FOMC minutes, the Fed laid out three conditions that must be met in order for it to consider the first tightening.

By Jay Johnson | April 6, 2015

Credit unions owe their outstanding annual performance not just to economic fortune but also their desire for shared benefit.

By Dwight Johnston | April 2, 2015

The bond bulls and economic bear crowd is over-hyping the potential for tomorrow’s jobs number to be a game changer.

By Dwight Johnston | March 26, 2015

Reversals and consistency in stocks and bonds.

By Dwight Johnston | March 19, 2015

March's statement and forecast proves the central bank is as vulnerable to short-term factors as any short-term trader.

By Dwight Johnston | March 12, 2015

Poor weather and cloudy consumer moods drag down retail performance, to the apparent surprise of economists.

By Dwight Johnston | March 5, 2015

Bonds are down, jobless claims are up, and the 10-Year Treasury yield could hinge on February's jobs reports.

By Dwight Johnston | Feb. 26, 2015

Watch for frenzied news coverage at month's end as stock traders target two landmarks for the Dow and NASDAQ.

By Callahan & Associates, Inc. | Feb. 23, 2015

Callahan & Associates analyzes checking account penetration data as a part of Trendwatch 4Q 2014.

Credit unions are keeping their powder dry waiting for rates to rise.

By Callahan & Associates, Inc. | Feb. 13, 2015

Callahan & Associates chairman Chip Filson and analyst Sam Taft discuss merger pitfalls and alternative organizational designs.

By Kevin Heal | Feb. 6, 2015

Rising wages, employment may be greeted by rate hikes as Fed works to direct economic harmony.

By Callahan & Associates, Inc. | Dec. 8, 2014

Callahan & Associates chairman Chip Filson and industry analyst Janet Lee discuss how to examine a credit union's ALM trends and identify how those trends compare to peers.

Investment balances decline with consumer lending at a record pace.

By Marc Rapport | Nov. 25, 2014

Millennials are not saving, but holiday spending is up.

By Erik Payne | Nov. 24, 2014

From months of planning to guest speakers from the industry, these credit unions know how to prepare for the biggest meeting of the year.

By Callahan & Associates, Inc. | Nov. 17, 2014

Callahan's quarterly Trendwatch presentation is now available. Learn how credit unions performed in 3Q14 and find new opportunities in today's encouraging economic environment.

By Jay Johnson | Oct. 1, 2014

Jay Johnson, managing partner of Callahan & Associates, describes macro environment trends, how these may affect 2015 assumptions, and potential scenarios to be ready for.

By Erik Payne | Sept. 23, 2014

Three days of takeaways from the ACUMA’s 2014 fall conference.

With the Fed tapering its buying of assets, it will be interesting to see who comes in to support the market and at what levels. Credit unions will need to remain vigilant when managing the investment portfolio amid a back drop of new regulations and continued lower short term rates.

By Chip Filson | Sept. 2, 2014

The ability to manage interest rate risk is another advantage of the cooperative model.

By Callahan & Associates | July 16, 2014

Maryland credit unions have achieved solid results through the beginning of the year.

By Dwight Johnston | July 16, 2014

It’s a constant struggle to separate illusion from future vision, but here are three likely paths that the evolving rate situation may take in the year ahead.

By | May 27, 2014

Callahan's quarterly Trendwatch presentation is now available in its entirety. Learn how credit unions performed in 1Q14 and find new opportunities in today's economic environment.

By Chip Filson | April 16, 2014

Backtesting NCUSIF reserve expenses for losses shows no link to actual losses for past five years

By Chip Filson | Feb. 24, 2014

A credit union owner's analysis reveals a $357 million real loss of market value in the National Credit Union Share Insurance Fund over the past 12 months.

By Chip Filson | Feb. 5, 2014

If the tables were turned, how would an NCUA examiner respond to NCUA's own management of NCUSIF funds?

By Drew Grossman | Oct. 28, 2013

Four state realtor associations talk about the housing market in some of the country’s most active regions for credit unions.

By Mark Reed | July 22, 2013

An examination of the planned merger of Pioneer and Capital credit unions in Wisconsin.

By Jay Johnson | June 17, 2013

Credit unions fought back growing competition to post strong first quarter performance.

By Chip Filson | June 10, 2013

Co-Ops for Change is crowd-sourcing data on each corporate credit union’s portfolio that was taken to collateralize the NCUA Guaranteed Notes (NGN).

By Chip Filson | June 10, 2013

No credit union in America has come close to the bottom-line financial results of Arrowhead Credit Union’s 3.75% ROA for both 2011 and 2012.

By Drew Grossman | June 10, 2013

Credit unions have much to learn from the online retail giant that is building an entire community around its headquarters in downtown Las Vegas.

By Drew Grossman | June 10, 2013

Northwest Community Credit Union is moving its headquarters to downtown Eugene, OR, in the hopes it will help revitalize an under-utilized area.

By Drew Grossman | June 10, 2013

GTE Financial struggled alongside its neighbors during the Great Recession. Now, a renewed focus on community engagement is strengthening all parties.

Partner Perspective
Mobile Mania

By PSCU | April 15, 2013

Smartphones have become a driving force for innovation and credit union relevance.

By Chuck Purvis | April 15, 2013

After a period of rebuilding, Coastal Federal Credit Union posts three record-breaking years.

By Jay Johnson | April 15, 2013

Credit unions ended 2012 with record results across a range of measures.

By CU Student Choice | March 18, 2013

National data provides a reality check regarding the perceived direness of the student loan environment.

By Greg Gibson | Feb. 4, 2013

Northwest FCU shares the strategy behind its recent repositioning.

By Michael J. Sacher | Jan. 18, 2013

Mike Sacher and Alix Patterson review issues related to the allowance for loan losses including the latest data on credit union asset quality trends, given the recent changes in regulatory reporting, and what credit unions need to consider for the coming year. 

By Jay Johnson | Jan. 15, 2013

As consumers examine their financial services options, the credit union approach of putting members’ needs first is opening new opportunities for the industry.

By Rebecca McClay | Nov. 28, 2012

Credit unions can soothe members' confusion about how looming tax increases will affect their finances.

By Rebecca McClay | Nov. 19, 2012

If recently released U.S. population trends are any indication, credit unions’ member base is likely aging, according to the U.S. Census Bureau.

By Rebecca Wessler | Nov. 5, 2012

Reports on jobs, consumer confidence, and housing point to a slow but steady recovery.

By Rebecca McClay | Oct. 29, 2012

Job fairs, management training programs, and loan relief benefit local employment rates.

By Rebecca McClay | Oct. 19, 2012

A dour employment rate can have several consequences for credit union if the trend continues.

By Rebecca McClay | Oct. 15, 2012

Credit unions boost entrepreneurialism through filling the demand for small business loans.

By Rebecca McClay | Oct. 15, 2012

Credit unions are triggering local economic rebounds in housing, employment, and small businesses.

By Jay Johnson | Sept. 14, 2012

Consumers have emerged from the economic downturn with new power and are contributing to credit unions' record assets and new highs in lending activity and core account relationships.

By Michael Emancipator | Sept. 14, 2012

Credit unions can expect The Fed’s third round of quantitative easing to keep rates at record lows through at least 2015.

By Rebecca McClay | Sept. 7, 2012

When it comes to employment reports, any shred of good news is welcome.

By Andrew Bolton | July 2, 2012

Credit unions receive a boost from improvements in states’ economies, but they can also drive that growth.

By Dwight Johnston | July 2, 2012

The European Union summit outcome offers no real game-changers.

By Dwight Johnston | July 2, 2012

The European Union summit outcome offers no real game-changers.

Partner Perspective
Will Bernanke Keep His Promise?

These six signs could indicate an earlier-than-expected increase in interest rates.

By Dwight Johnston | May 21, 2012

With a housing market rebound likely to continue, credit unions can start to think about how to create new mortgage lending service.

By Aaron Pugh | May 16, 2012

Here are three trends to expect with products that draw consumers to pay up front, even when they have to pay more.

By Rebecca McClay | May 15, 2012

As Facebook prepares for its IPO this week, credit unions can be grateful they’re not driven by stockholder satisfaction.

By Victoria Taylor | May 9, 2012

A victim of a stolen license and credit cards finds herself in a never-ending circle of questions about how her information is being used.

By Rebecca McClay | May 3, 2012

Credit unions fearing the Durbin Amendment would hurt interchange revenue can rest assured – the law has had little impact so far, according to a Federal Reserve study.

By Bailey Reutzel | May 1, 2012

In a world that is rapidly becoming more globalized, credit unions can show they value the community by opening to global neighbors.

By Lydia Cole | March 12, 2012

Bank delinquency figures have declined faster than credit unions’ delinquency rates, but remain elevated compared to the unemployment rate.

By Kelley Blue Book | March 5, 2012

Once upon a time, auto financing was easy. With the right approach and the right information, it can be again.

By Callahan & Associates | March 1, 2012

Builder of WesCorp and 30-year Marine Dick Johnson reflects on what it takes to sustain an organization over the long term.

By Rebecca Wessler | Feb. 22, 2012

Look to Veridian for a standout example of leadership and engagement.

By Callahan & Associates | Jan. 1, 2012

It's been a disappointing economic recovery since the end of the financial crisis in mid-2009, with US gross domestic product growing by only about 2% in real terms. The main result of this disappointing growth has been the persistently high number of unemployed in the US. The current rate of GDP growth is insufficient to dent the huge pool of long-term unemployed.

By Callahan & Associates | Jan. 1, 2012

As credit unions set the course for the new year, they must decide whether to evolve the cooperative model or borrow strategic principles from their for-profit competitors.

By Rebecca Wessler | Jan. 1, 2012

Credit unions are turning single-product users into robust cooperative members.

By Aaron Pugh | Oct. 3, 2011

CommunityAmerica uses diverse branch types and an emphasis on relationships to ensure brick and mortar is worth building.

By Callahan & Associates | Oct. 1, 2011

Credit unions posted strong financial performance in a volatile marketplace.

By Callahan & Associates | Oct. 1, 2011

It's been a disappointing first half of the year for the US economy, with a particularly weak second quarter. In our view, there are three issues in particular weighing on growth: high gas prices, fiscal tightening in the US and fiscal stress in Europe, and potential bright spots including improved household debt levelsand potential for improvement in cyclicals.

Partner Perspective
Cash When You Don’t Need It

Low interest rates and higher yielding agency securities that are maturing are leaving credit unions with surplus cash.

By Chip Filson | Sept. 12, 2011

Credit unions can meet the collective goal of supporting more than 1 million jobs this year.

Partner Perspective
Prepare For The Next Refi Boom

By myCUmortgage | Aug. 22, 2011

How can credit unions use the drops in 30- and 15-year fixed mortgage rates to deepen member relationships?

By Alix Patterson | July 18, 2011

Indirect lending is one route to attracting auto loans in a tough economy.

By Aaron Pugh | July 2, 2011

Credit unions with a local commitment and a national eye can learn a lot from United Federal's example of growth.

By Lydia Cole | July 1, 2011

The team at GTE FCU managed the credit union through home price declines and high unemployment.

By Aaron Pugh | July 1, 2011

Economic turbulence had an entire Florida community singing the blues, but the reinvigoration of a cooperative vornerstone is set to change the outlook in 2011.

By Callahan & Associates | July 1, 2011

We believe that a number of factors will support an ongoing expansion of the US economy. However, there are several risks that could temper economic growth in the coming months.

Feature
Data Snapshot

By Callahan & Associates | May 1, 2011

Credit Unions Role in America’s Economic Recovery

By Callahan & Associates | April 1, 2011

The industry responded to member need in 2010 and positioned itself for the tremendous opportunity for the coming year.

By Aaron Pugh | April 1, 2011

Take an in-depth look at how GTE got going in tough times.

By Callahan & Associates | April 1, 2011

News in recent months have caused us to be more optimistic for the US economy's prospects in 2011. Despite a strong view on growth, we believ core inflation is likely to remain low and that higher interest rates will not derail the recovery.

By Chip Filson | Jan. 24, 2011

Desert Schools FCU manages foreclosures and competes at the extreme end of the real estate value chain.

Feature
Death and Taxes

By Aaron Pugh | Jan. 17, 2011

Credit unions can’t do much about the first of these absolutes, but a variety of options are available to position members for success with the second.

By Rebecca Wessler | Jan. 3, 2011

Credit unions use profitability management to enhance membership value.

By Nick Connors | Jan. 3, 2011

A focused peer group comparison yields sharp insight.

By Callahan & Associates | Jan. 1, 2011

As 2010 comes to a close, economic releases are revealing surprising strength in the U.S. economy.

By Callahan & Associates | Jan. 1, 2011

As we anticipated, the economic recovery has moderated in recent months. Against this backdrop, we expect to see the Federal Reserve revert to further easing to stimulate the economy and avert a double-dip recession.

By Aaron Pugh | Dec. 27, 2010

Credit unions are refortifying modification efforts and balancing risk and reward for short sells and foreclosures.

By Callahan & Associates | Oct. 1, 2010

Credit unions are facing an incredible opporunity to be an engine for economic growth in their communities by using record liquidity to refinance member loans.

By Callahan & Associates | Oct. 1, 2010

The second half economic slowdown begins.

By Aaron Pugh | July 12, 2010

The Fed’s recovery strategy increases attention to small businesses. Is the credit union system aligned in meeting this need?

By Chip Filson | July 1, 2010

A look at Bank of America and the credit union system during the Great Recession.

By Callahan & Associates | July 1, 2010

While the U.S. economy has strengthened, we think growth is likely to moderate in the second half of the year. Looking further out, our forecast calls for moderate growth, low inflation, and low interest rates over the next year.

By Chip Filson | April 12, 2010

The soul of credit unions is to lend for the common good; increasingly that is exactly what is needed for the soul of the country.

By Nick Connors | April 12, 2010

Vehicle sales are rising, but declining volume over the past two years made indirect lending a crucial source of auto loan growth.

By Callahan & Associates | April 1, 2010

Converting opportunity into results is an industry challenge for 2010.

By Callahan & Associates | April 1, 2010

Economic growth in the U.S. turned positive during the second half of 2009. The question now is, how strong will the recocery be as we move through 2010? Based on a number of macroeconomic trends, we expect to see slower growth than the consensus.

By Callahan & Associates | Jan. 1, 2010

Throughout the financial crisis, credit unions have proven themselves as the most osund segment of financial institutions, but 2010 may bring greater uncertainty as growth begins to slow.

By Callahan & Associates | Jan. 1, 2010

While we are currently experiencing positive economic growth, we believe it will slow down next year.

By Callahan & Associates | Jan. 1, 2010

Engage early. Engage often. Lawmakers need to hear from credit unions.

By Brooke C. Stoddard | Jan. 1, 2010

Dealing with regulation is taking time away from helping members; we have to be vigilant and ramp up our lobbying efforts.

By Callahan & Associates | Dec. 1, 2009

Keep persons in their homes, keep the father cutting the grass, keep the kids in the schools they are used to. Give people time to work things out, because generally they will reward you with their loyalty decades into the future, and with their business and the value they create.

By Callahan & Associates | Dec. 1, 2009

Credit unions remain a safe haven for deposits and a source of credit. What else has the recession taught us?

By Chip Filson | Dec. 1, 2009

Insurance funds like the FDIC were set up to pay off relatively small claims, not solve problems during systemic failure. NCUSIF in 1984 and the CLF were set up differently, with capital. The financing now facing credit unions is best solved not with an “insurance” mindset but a capital one.

By Elliott Kashner | Nov. 30, 2009

Credit unions fared better than FDIC-insured institutions in the recession, but the financial landscape may be changed for a long time to come.

By Lydia Cole | Oct. 1, 2009

After a lengthy re-scoring process of 35,000 credit card holders, SAFE Credit Union used their service bureau's Trigger Alerts to help manage the process.

By Callahan & Associates | Oct. 1, 2009

Economic stabilization is in sight, but meaningful recovery won't happen for quite some time.

By Callahan & Associates | Oct. 1, 2009

California and Texas, two of the largest credit union states, are forerunners of national trends. By analyzing these two states, we can develop a framework to help us better understand national trends moving forward.

By Callahan & Associates | Oct. 1, 2009

With the country facing its highest unemployment rate in decades, a new solution emerges for credit unions.

By Callahan & Associates | Oct. 1, 2009

Credit unions are seeing the benefits of innovation and spending more of their budgets on technology.

By Callahan & Associates | July 1, 2009

While we expect to see the recession end in 2009, the recovery will likely be extremely sluggish.

By Callahan & Associates | July 1, 2009

How much are credit unions spending on technology and is it more than last year?

By Callahan & Associates | July 1, 2009

Technology, the way members use it, and the way they perceive it, is sensitive to a shifting economic environment.

By Callahan & Associates | June 1, 2009

Credit unions are leading America's economic recovery by lending, capturing deposits and attracting new members at record pace in the first quarter.

By Callahan & Associates | April 1, 2009

Callahan asks credit unions, CUSOs, and businesses what its 2009 industry outlook is and what it intends to do to help the industry move forward.

By Callahan & Associates | April 1, 2009

The U.S. economy is likely to contract sharply and remain sluggish for the foreseeable future.

By Callahan & Associates | April 1, 2009

The optimism of equity traders faded quickly as performance worsened in January and the proceeding winter months.

Feature
All Eyes on DC

By Callahan & Associates | April 1, 2009

The credit union industry faced dramatic revelations at the onset of 2009.

By Brooke C. Stoddard | April 1, 2009

San Antonio Federal Credit Union takes a wide as well as close view of what credit unions could be doing to survive and thrive.

By Callahan & Associates | Jan. 1, 2009

Credit unions post record results in lending even after the unprecedented change in the financial services market.

By Callahan & Associates | Jan. 1, 2009

It is our view that the U.S. economy will experience a fairly significant recession, with unemployment moving higher than consensus expectations.

By Callahan & Associates | Oct. 1, 2008

Many credit unions are not looking at loan protfolios heavily populated with fixed-rate loans originated during a (fairly lengthy) period of historically low-term interest rates.

By Callahan & Associates | Oct. 1, 2008

It is our view that a number of factors will cause the U.S. economy to weaken as the year progresses and we could experience an extended period of below trend growth.

By Callahan & Associates | July 1, 2008

With gas and food prices, layoffs and buyouts up, consumers are recognizing the value of the cooperative model with membership topping 88.9 million and lending and share balances quickly growing.

By Callahan & Associates | July 1, 2008

Credit unions, especially those that used economic consensus for "plan rates" in 2007, might need to make mid-course corrections.

By Callahan & Associates | July 1, 2008

In a recent speech, Federal Reserve Chairman Bernanke stated that due to recent Fed intiatives, credit markets are functioning more efficiently but are still far from normal.

By Callahan & Associates | Jan. 1, 2008

As a credit union executive who has led three workouts, I can testify to the importance of a good support system, of patience, and of providing leadership confidence.

By Callahan & Associates | July 1, 2007

Goldman Sachs predicts GDP growth of 2%, lower inflation and a Fed easing.

By Callahan & Associates | Feb. 1, 2000

Jim Leach, the Republican Chairman of the House Banking and Financial Services Committee, believes the banking and financial services industry is in desperate need of reform (see sidebar). In his recent comments, he may not have been thinking about credit unions -- his attention seems to be focused on banks -- but in general what he is saying about the need to rewrite banking law to the realities of the 21st century is as true of banks as it is of credit unions, actually truer.

By Callahan & Associates | Jan. 1, 2000

Happy New Year. Or should I say, Happy Election Year, because, like it or not, this is an important election year. The Presidency is up for grabs, and so, too, at least, the House of Representatives. If we are silent now, when the candidates are running, you can bet they will be pretty silent in return when we ask for their support on important legislative votes. We have to go to work now, and stay at it all the way through November so that when the persons who are elected assume office they will know who we are and what we need, and will respond in kind.

By Callahan & Associates | July 1, 1999

A few months ago we were victorious in overcoming the biggest political challenge ever faced by credit unions...defeating the Bankers and winning the decisive passage of HR 1151. Now multiple common bond credit unions can begin adding new SEGs and serving additional employers, their employees, and their families, who have been waiting, some for over two years, for access to credit union service. Right? Not so fast!

By Callahan & Associates | Dec. 1, 1998

The prompt correction action regulation now being contemplated by the NCUA will make the earlier HR 1151 controversies seem mild. The history of recent regulatory initiatives by NCUA -- such as the FOM proposal which contained many questionable restraints or constraints on FOM activities, and the earlier regulations such as the Investment (703) and the Corporate (704) which showed a lack of sensitivity to credit union needs -- paint a predictable pattern of NCUA's promulgation and issuance of regulations. Unfortunately, these, coupled with HR 1151's disregard of credit union professionalism by setting into law that no more than one person with credit union experience can serve on the NCUA Board, call into question the neutrality of the federal government regarding credit unions. There are no comparable restrictions on appointments by bankers to the Treasury Department, the FDIC or the Federal Reserve.

By Callahan & Associates | Nov. 1, 1998

Like that irrepressible scary-movie character Freddy Krueger, the bankers will be back. They have not finished with us. They have not gotten what they wanted. Our association execs can pop the champagne corks and pat themselves on the back on account of our recent legislation. The bankers, however, are not calling it quits. We may have won a battle this year, but we did not win the war. The war is still going on. We are having our party inside the tent, while the bankers are circling on the outside and sharpening their weapons. Why?

By Callahan & Associates | March 1, 1998

The waiting is over. The Supreme Court has spoken, and the words are grim. But the verdict is even more dire than as reported in the press. The banks seem to be saying publicly that they are not going to press the divestiture issue, but in fact, in their formal pleadings before the Court, they asked for divestiture. If nothing changes, they could force it. Make no mistake, our movement is very much wounded and the hyenas are circling.

By Callahan & Associates | Feb. 1, 1998

Jim Leach, the Republican Chairman of the House Banking and Financial Services Committee, believes the banking and financial services industry is in desperate need of reform (see sidebar). In his recent comments, he may not have been thinking about credit unions -- his attention seems to be focused on banks -- but in general what he is saying about the need to rewrite banking law to the realities of the 21st century is as true of banks as it is of credit unions, actually truer.

By Callahan & Associates | Dec. 1, 1997

Bankruptcy as a national trend is a disaster waiting to happen. A principal reason is that bankruptcy law no longer serves the people for whom it was written. The law -- and the handling of it -- has evolved to where it is something used by people as a retirement or welfare program, like an entitlement. Their attitude is: "We're entitled to it, so we'll do it."

By Chip Filson | Oct. 1, 1997

The Age of Global Economics has arrived. "WWW" is not just a technical prefix for access to instant world-wide communication; the World Wide Web also brings global markets to local firms and global competition to local markets. The credit union movement also extends beyond national boundaries. For U.S. credit unions, one of the most valuable connections we may wish to make may be with the Canadian credit union system, and not just because they are close at hand. Although Canadian credit unions do not record the same financial outcomes as U.S. credit unions, I believe that in their business plans, the largest Canadian credit unions are "getting to the future" faster than their American counterparts.

By Chip Filson | Sept. 1, 1997

Imitation may be the sincerest form of flattery. But what happens when a mega-competitor claims to have reinvented your business and then turbo-charged it? That is the claim of Merrill Lynch, which has launched its Employee Access Account in May and now has some results to crow about. Their product, offered through employers, provides unlimited check writing from a money fund and is designed to encourage direct deposit. The yield on the money fund is around 5%. The lineup of other Merrill products includes a debit card, access to 65 Merrill no-load funds, discounted stock trades and a gold credit card with no annual fee.