The latest from Gregg Stockdale

Aug 13, 2014 - by Gregg Stockdale, 1st Valley Credit Union

The problem with assumptions in a 300bp instantaneous rate-shock: Reality!

We’ve all been required to shock our balance sheet. We’ve all done it and for the most part, it’s 100% wrong! The biggest problem is that our ...

Apr 8, 2014 - by Gregg Stockdale, 1st Valley Credit Union

NCUA’s risk based capital – Numbers don’t tell the story

The assumption that a Call Report tells the full story of capital risk is both flawed and dangerous.  Never mind the philosophical assumption that all risks can be measured.  I’...

Oct 31, 2013 - by Gregg Stockdale, 1st Valley Credit Union

What’s in a name? Quite a bit, actually!

The CFPB has been “heck bent” on the “P” part of their acronym.  They have been handing out fines, and crafting one-sided rules for a while now.  However, there has ...

Oct 17, 2013 - by Gregg Stockdale, 1st Valley Credit Union

To QM or not to QM? That’s the question now!

We choose to make Non-QM mortgage loans, and I hope you do as well.  We are a small creditor (Under $2 Billion) Two helpful tools from CFPB’s website helped ...

Aug 13, 2013 - by Gregg Stockdale, 1st Valley Credit Union

Your Focus of Collaborating is Probably Wrong. Ours Was!

Everyone I’ve ever ran into has stated that the larger credit unions have “economies of scale” and that’s why they are more efficient than smaller credit unions.  The ...

Apr 19, 2013 - by Gregg Stockdale, 1st Valley Credit Union

Stretch Investments for Better Yields

How to become more profitable with the assets you currently have.  You wouldn’t be talking merger if you were profitable, would you? For the last few years, we’ve ...

Feb 13, 2013 - by Gregg Stockdale, 1st Valley Credit Union

The Way That You Do It

By Gregg Stockdale, 1st Valley Credit Union The CFPB’s 10-step solution to home loan woes meets BANANARAMA with THE FUN BOY THREE in:  “It ain’t what you do ...

Oct 23, 2012 - by Gregg Stockdale, 1st Valley Credit Union

“Now or Not-Now” What’s a Credit Union to Do?

“Now or Not-Now” – It’s been said that those inside the beltway operate on that mantra. While that’s a questionable practice as a long time operational mode; we as ...