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Articles by Bill Hampel
Loosening the Purse Strings
CUNA’s economists forecast loan growth of 2% this year and 5% next year.
August 22, 2011
The recent pause in economic growth has caused many to wonder whether the economy might be headed for a double-dip recession.
Net Income Will Gain Momentum
Net income should be 60 bp of average assets this year and 70 bp next year.
June 2, 2011
You might be surprised by CUNA’s economic forecasts for 2011 and 2012.
On the Mend
Word of the economic recovery is spreading.
January 31, 2011
Growing signs point to a strengthening recovery in 2011.
Assessments Less Onerous for CUs Than Banks
CUs likely will pay about one-third less than banks over the next 11 years.
November 30, 2010
NCUA assessments are expected to total 90 bp of insured shares by 2021 vs. 144 bp for banks, a CUNA white paper reports.
Today’s ‘Deborrowing’ Consumers
This might be the first year since 1980 that CU loans outstanding declined during the year.
November 1, 2010
The extent of consumers' deleveraging has surprised economists.
A Tale of Two Insurance Funds: NCUSIF vs. FDIC
Costs will be 60% greater to replenish bank fund than for NCUSIF.
October 14, 2010
There's a good chance the ultimate remaining cost will be closer to $5 billion than $8 billion, although this won’t be known until late in the remaining 11-year life of the stabilization program.
A Tale of Two Funds
What will future losses at NCUSIF and FDIC look like?
September 20, 2010
Future deposit insurance premiums are uncertain, both for institutions insured by the National Credit Union Share Insurance Fund and by the Federal Deposit Insurance Corp.
Time to Rethink Mortgages
CUs originated, and sold, record volumes of first mortgages in 2009.
August 2, 2010
Forecasting the 2010 NCUSIF Premium
August 1, 2010
The premium, assessed later this year, likely will be 6 bp to 10 bp.
Credit Union Magazine
October 2014 digital edition
Apple Pay Will ‘Chew Into’ Interchange Revenue
CUNA Tech/OpSS Conference Concludes
Sievewright: Buckle In for a Transformative Decade
Three Components to Meaningful Conversations
Illuminate the Frequency of Fraud
While I thought that the premise of the article was good, I found one point very disturbing. It is that the Visions FCU ages people off their board at age 70. I found that really offensive. It perpetuates what I believe to be the regrettable marginalization of elders in our society, and the often erroneous assumption of debility and decline after a certain chronological age. Lots of folks over 70 are leading dynamic and viable professional lives and contributing to our society. How about Warren Buffet, a number of Supreme Court Justices, Jimmy Carter, the late Nelson Mandela and the late Maya Angelou, to name but a few, along with scads of writers, academics, performers, artists, and often our friends, neighbors and colleagues. If Visions wants new people on their board, it seems as though the term limitations and a nominating committee can accomplish that without aging all people off at age 70. I think that’s so insulting. And if those were paid employment, it would be illegal. I do wish you’d have picked a different credit union to profile---one that perhaps does many of the same things, without the arbitrary age exclusion. There have to be others out there.
David, good point about the "recovering comfortably" comment. That was an editorial addition--which I'll remove.
Many good points but too rosy? Will the "Federal Reserve raise short-term interest rates 1% per year for the next three years, starting in 2015—“probably next year at this time” ? I have heard from other economist that the US government will go bankrupt if that happens due to the QE the fed has done for several years. Also it seems an exaggeration to say “We survived a heart attack,now the economy is recovering comfortably." Comfortably recovering is too ignore the economic stress that many members still live with daily that will eventually affect many credit unions.
Karan, Great article and insight. I would also recommend that you start getting those credit cards into the hands of the youth BEFORE they are in college. One of the best ways to reach this young generation is through mom and dad. Before the student goes to college, get them started with a credit card (even if mom and dad are joint on it). It's never too early to start marketing credit cards. Mark
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