Articles by Mike Schenk
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
Taxation, interchange, capital reform, and business lending are top priorities.
March 8, 2011
Industry leaders face many challenges. It’s time to make your voices heard!Read More
One-quarter of American home borrowers owe more on their homes than the homes are worth.
December 7, 2010
Looking for the bottom in the housing market? Don’t hold your breath.Read More
A recent report shows how government intervention helped avert 'Great Depression 2.0.'
October 10, 2010
Has government action hurt or helped the economic recovery?Read More
CUs have a strong and visible presence in economically challenged areas.
August 2, 2010
For decades, bankers have complained that credit unions don’t adequately serve consumers of modest means. But nearly all data prove otherwise.Read More