Articles by Mike Schenk
CUs need it, regulators support it, and legislation has been introduced.
April 22, 2013
Credit unions want—and need—capital reform. The time is nowRead More
CUs have doubled their share of mortgage originations in less than a decade.
January 6, 2013
Home sales are expected to rise 3% and home prices are expected to rise 2% to 3% in 2013.Read More
Bureau of Labor Statistics sends mixed signals about labor market health.
November 1, 2012
There is good and bad news on the economy, says CUNA economist Mike Schenk.Read More
It might take a bit longer to dig out of the Great Recession’s very deep trough.
August 20, 2012
While the economic recovery likely will remain on track, CUNA’s economists now expect marginally slower economic growth.Read More
Expect modest growth and stronger earnings in the months ahead.
May 1, 2012
CUNA economists recently dusted off their crystal ball. The prognostications probably won’t shock you, but you might be pleasantly surprised.Read More
While ‘normal’ ratios are still elusive, we’re moving in the right direction.
February 1, 2012
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.Read More
Here’s some good news about corporate losses, stabilization assessments, and insurance premiums.
November 14, 2011
"Consternation" is a good word to describe CUs' reaction to NCUA's corporate stabilization assessments and insurance premiums.Read More
CUs can expect only modest improvements in financial and operating results through 2012.
October 10, 2011
The jobless recovery lumbers on, with incremental shifts in the economic outlook.Read More
Efficiency ratios don’t necessarily measure what they claim to measure.
September 12, 2011
Most credit union decision-makers I know are a restless bunch—constantly looking for ways to improve operations and make (and keep) members happy.Read More
It’s vitally important to measure, monitor, and control all risk.
June 14, 2011
Fed-funds futures trading shows signs of short-term interest-rate increases beginning later in 2011.Read More