Six topics for planning season
With planning season in full swing, we highlight six topics that should be top of mind for credit unions in this dynamic market environment: Sources of Liquidity Considering the duration ...
The latest from Michael C. Macchiarola
The Treasury’s emergency capital investment plan is a real boost to 85 credit unions
In December 2020, as part of its COVID relief package, Congress created the Emergency Capital Investment Program (ECIP) to encourage low- and moderate-income (LMI) community financial institutions to augment their ...
NCUA signals that secondary capital is open for business
On September 16, 2019, in a Supervisory Letter to “All Field Staff,” the National Credit Union Administration (NCUA) published new guidance for evaluating secondary capital plans. A separate Supervisory Letter ...
A closer look at the funding options for credit unions
As the chart below illustrates, credit union loan growth has been strong for some time. For example, year-end 2018 data revealed industry loan growth of 9.5% over the previous ...