Authors

ARTICLES BY Mike Philbin

By Mike Philbin | Feb. 5, 2013

Some credit unions are finding that contrary to common experience, 15-year mortgages are lasting longer than 30s and, in certain markets, 30-year mortgages are the safer bet.

By Mike Philbin | Feb. 1, 2010

Considering notional versus marginal costs is vital for deposit pricing during a period of sustained low interest rates.

By Mike Philbin | Sept. 28, 2009

The Federal Open Market Committee (FOMC) Statement released last Wednesday had no major surprises. As the Fed recognized improvement in economic conditions, there are two important phrases that could influence the way credit unions manage their investment portfolios.

By Mike Philbin | Sept. 7, 2009

What are the key assumptions underlying Net Economic Value (NEV) and Net Interest Income (NII)? How do changes in member behavior affect your set assumptions?

By Mike Philbin | May 11, 2009

The most recent economic forecasts, while not suggesting a robust turnaround for the economy, are forming a consensus: the period of contraction may be ending sometime this summer. In his own words, Bernanke's challenge now is “how to wind down the federal balance sheet and avoid inflation.”

By Mike Philbin | April 20, 2009

There are factors suggesting the global economy could very well be headed into an inflationary period – and sooner than some might think.

Feature
Playing to Win

By Mike Philbin | Jan. 9, 2006

Concentrate on defense and play conservatively? Get aggressive and air it out? In benchmarking and football, it is whether you win or lose and how you play the game.

By Mike Philbin | Dec. 19, 2005

The margins on the traditional business model are being squeezed due to the current interest rate environment. Many credit unions are preparing for increased margin compression in 2006. There are strategies a credit union can implement to better handle the tough road ahead.

By Mike Philbin | Nov. 7, 2005

A multi-faceted benchmarking process can help credit unions extract more value from their investment portfolios

By Mike Philbin | Oct. 17, 2005

Investment portfolio benchmarks can provide insight into return, risk, and value added – but the insight is only as good as the benchmark itself.