By Fred Johnson

… But not in the way you might expect.

By Fred Johnson

By Fred Johnson

By John Dolan-Heitlinger

Now we all know that the net worth ratio is an important measure of the ability of a credit union to withstand financial losses. Capital is accumulated to mitigate unforeseeable credit risk, interest rate risk, asset liability mismatching, natural and economic disasters, uninsured losses, criminal activity, staff ineptitude, etc. (1)

By Franck Schuurmans, Ph.D., CAE In recent years many clients of Decision Strategies International have made the switch from a multi-SEG credit union to a community charter. Erosion of the SEG relationship, the need to grow a more diverse base and the need for accelerated growth all drove this development. Yet hanging out a different shingle does not necessarily bring success. Simply changing the charter, without truly changing your market view, is a recipe for disappointment and can lead to loss of focus and declining revenue and net income.