CPI is a vital risk management program that involves member service interruption and has negative consumer connotation within the Credit Union community. Due to the economic and market conditions over the last 30 months, many [...]
On a seasonally-adjusted basis, overall consumer prices rose 1.2 percent in March, with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew by 8.6 percent over the 12-month period. [...]
With delinquencies expected to increase as government stimulus funds dry up, financial intuitions’ net interest margins will likely continue to be squeezed. As new car sales improve, 2022 should be a solid year for collateral [...]
On a seasonally-adjusted basis, overall consumer prices rose 0.9 percent in October, with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew 6.2 percent over the 12-month period. In [...]
On the road of life, we all face obstacles. Some we can avoid with careful planning, and others are outside of our control. In your personal life, minimizing catastrophe may involve wearing a seat belt [...]
As I mentioned at the end of my last article, I’m going to discuss the unique economics of a collateral protection insurance (CPI) program, including who pays and who benefits. It’s really unparalleled [...]
On a seasonally adjusted basis, overall consumer prices increased 0.2 percent in December following a 0.3 percent rise in November. NAFCU's Curt Long, in a new Macro Data Flash report, attributed the growth [...]
Your auto portfolio is key to your credit union, and you watch its performance carefully. You underwrite prudently and put measures in place, such as collateral protection insurance (CPI), to safeguard against loss due to [...]
When we initially tell our Collateral Protection Insurance (CPI) clients that although an effective CPI program is a critical risk management tool, there are other options that can accomplish their goals without putting their borrowers [...]
by: Tina Orem There’s always more to learn, which is why Docia Myer, who is vice president of financial sales for Littleton, Colo.-based card manufacturer CPI, stood before a crowd of credit union [...]
Consumer prices were unchanged in November as energy price declines offset other increases, said NAFCU Research Assistant Doug Christman. For the 12-month period, overall consumer price index growth was 1.2 percent, up from 0.[...]
The Federal Reserve Board and the CFPB announced on Wednesday they would increase the dollar thresholds for exempt consumer credit and lease transactions in Regulations Z and M, which implement the Truth in Lending and [...]
Declining gas prices were a key factor behind the decline in the overall consumer price index to a seasonally adjusted 0.3 percent in November, according to data released Friday by the Bureau of Labor [...]
