Articles by Mike Schenk

Credit unions want—and need—capital reform. The time is now

Home sales are expected to rise 3% and home prices are expected to rise 2% to 3% in 2013.

There is good and bad news on the economy, says CUNA economist Mike Schenk.

While the economic recovery likely will remain on track, CUNA’s economists now expect marginally slower economic growth.

CUNA economists recently dusted off their crystal ball. The prognostications probably won’t shock you, but you might be pleasantly surprised.

CU earnings took a in third-quarter 2011 due to a hefty corporate stabilization expense, but the days of declining CU ROA likely are behind us.

"Consternation" is a good word to describe CUs' reaction to NCUA's corporate stabilization assessments and insurance premiums.

The jobless recovery lumbers on, with incremental shifts in the economic outlook.

Most credit union decision-makers I know are a restless bunch—constantly looking for ways to improve operations and make (and keep) members happy.

Fed-funds futures trading shows signs of short-term interest-rate increases beginning later in 2011.