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Taking Advantage of Higher Yields

On September 27, 2022, Posted by , In Weekly Market Commentary, By , With No Comments

The LPL Research Strategic and Tactical Asset Allocation Committee is increasing its recommended interest rate exposure in its tactical allocation from underweight to neutral. Now that interest rates have moved substantially higher, we believe opportunities in fixed income have improved and are looking to add back to certain areas within…

Weekly Bottom Line

On September 27, 2022, Posted by , In Weekly Bottom Line, By , With No Comments

The Federal Reserve raised interest rates by 75bps for the third consecutive meeting, bringing the federal funds rate to its highest level in 14 years FOMC Chair Powell reiterated his Jackson Hole speech, stating that the Fed is willing to tolerate slower growth and higher unemployment to bring inflation back…

How Credit Unions Can Use Fintech to Create a Digital-First Organization

On September 21, 2022, Posted by , In Fintech, By ,, , With No Comments

When you think of a digital-first organization, you may imagine the opposite of a personalized and thoughtful experience. However, “C.U. on the Show” guest Thomas Novak shares that’s exactly what his team is creating at Visions Federal Credit Union through strategic innovation and a buy, build, or partner approach to…

How Treasury Management Services Can Give Credit Unions a Competitive Advantage

From scalability to increased fee revenue to capturing more non-interest-bearing deposits, there are several reasons credit unions would want to expand their offerings to business members. However, until recently, big banks have generally cornered the business services area of the market. Many credit unions have lacked the resources, expertise, or…

I Bonds: What to Know Before You Invest

On August 29, 2022, Posted by , In Videos, By , With No Comments

Our clients have been asking a lot of questions about I Bonds recently. In this video, Doug English, CFP® and Wes Johnson, CFP® discuss I Bonds including when they may be a good fit for your investment strategy and what to know before you invest.

How Fintech Can Help Credit Unions Stay Competitive

JPMorgan Chase currently invests $12 billion in technology annually, which is twice as much as the IT budget of credit unions nationwide—combined. For this reason, it’s becoming increasingly challenging for credit unions to keep pace with the technology, research, and development of larger financial institutions. To stay relevant and continue…

How Credit Unions Can Develop “Ready-Now” CEO Candidates

Executive succession planning and finding someone to step into a CEO position is a critical role of your credit union’s board. When done strategically, an active approach to succession planning can help organizations develop internal candidates into “ready-now” executives and position them for a CEO role years before a current…

July 2022 Market and Portfolio Video Update

On August 3, 2022, Posted by , In Doug English CFP®,Videos, By , With No Comments

Doug English, CFP® discusses the markets and what we did in our clients portfolios in July 2022.

Fortify Your Credit Union Exit

If you haven’t built a legacy plan, you could be missing unexpected opportunities and insight that could benefit your organization today, even before you leave. Maurice Smith, CEO of Local Government Federal Credit Union, shares the many lessons he learned from his legacy planning coaching and how he’s using his…

Is the Design of Your Credit Union’s Split-Dollar Plan Sustainable?

Collateral assignment split-dollar plans are a powerful executive benefit with favorable tax treatment that can incentivize retention and offer credit union leaders a long-term income stream in retirement. However, while many credit unions have collateral assignment split-dollar plans as part of their executive benefits mix, it is no secret that…