Articles by Steve Rick
Less household debt and the improving labor market bode well for CU lending.
May 17, 2013
Expect CU loan balances grow 5% to 6% in 2013.Read More
The Fed’s QE-4 plan will keep pressure on CUs’ net-interest margins.
February 11, 2013
The Fed is saying it’s willing to accept an inflation rate that is higher than its target of 2%.Read More
CUNA economist says the deal will boost household and business confidence.
January 12, 2013
The fiscal cliff agreement will have a net positive effect on the average American.Read More
How to stimulate both short-term economic growth and long-term fiscal responsibility.
December 10, 2012
These suggestions aren’t politically palatable, but at least you have options.Read More
Mortgage balances are growing and delinquency ratios are dropping.
September 1, 2012
In the first half of 2012 credit unions reported improving financial results.Read More
But future asset growth will be limited by capital growth.
June 1, 2012
In March 2012, the credit union movement’s total assets reached $1 trillion for the first time in history.Read More
The Fed projects low short-term interest rates through 2014.
March 12, 2012
In January, the Federal Reserve announced that projected economic conditions would warrant exceptionally low short-term interest rates “at least through late 2014.”Read More
CU net interest margins could drop below 3% for the first time in history.
December 12, 2011
Don't expect a turnaround until 2013.Read More
Will the Fed institute QE3, extend QE2, or shrink its balance sheet?
July 1, 2011
Should the Federal Reserve start a new round of quantitative easing (QE3) to ensure the economic recovery, or is it time to let the market determine interest rates and let economic chips fall where they may?Read More
How does your CU plan to rebuild its loan portfolio this year?
April 11, 2011
The flood of new regulations makes this an ideal time to discuss the CU difference with your members.Read More