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Posts tagged with "interest rates"

09/20/2017

Lending in Rising Rate Environment: A Look at HELOCs

Of course, there’s no such thing as free money, but the historically low interest rates of the past few years have been about as close as most consumers will ever get to the concept. Those low rates meant many consumers decided it was worth a few bucks in closing costs to refinance their higher-rate variable…

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08/09/2017

Strategic Responses to the Rising Rates Environment

Air travelers largely fall into two categories: those who pay attention to the safety instructions and mentally plan how they’ll respond in different emergency scenarios, and those who ignore the flight attendant and just keep doing whatever they were doing before the safety announcements began. The current rising rates environment is like a plane full of bankers…

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09/23/2015

Leave the Boy Alone. It’s the Fed Who Cried Wolf.

Give me your tired, your poor, your huddled masses yearning for interest rates slightly higher than the infinitesimal chance I have of winning the Powerball! Maybe I’m being a bit dramatic, but the Fed has been beating their metaphorical drum about rate hikes being ‘just around the corner’ for what seems like an eternity. It…

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09/09/2015

Change Your Routine and Boost Revenue $100K Per Year

This week’s post comes direct to you from the Happiest Place on Earth. You guessed it. Walt Disney World. Before we left, I had an image of myself writing this while sitting on the terrace of our villa overlooking the lake and watching the Magic Kingdom fireworks dance across the sky. This is the part…

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05/19/2015

Banishing Boardroom Boredom: Tips for better board packages

Audience: Credit Unions – May 19 | 1 pm ET | 12 pm CT Webinar Details The buzz about interest rates is sure to be a hot topic at your next board meeting. But you don’t want your board to get stuck on that topic alone. There is a lot of other content to cover,…

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05/05/2015

What Goes Down Must Come Up: Is your FI ready to bounce?

Barring a catastrophic and unforeseen spike in the unemployment rate, shrinkage in the gross domestic product or severe fluctuations in other key drivers of economic growth, it seems likely the Federal Reserve will raise its interest rate in 2015. In fact, as recently as April 29, the Fed was predicting that growth would rebound, despite…

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08/18/2014

Did I Contradict My Own Advice?

When you read my recent post that was negative toward using staff member photos to promote your banking accounts and services (The Face That Opened 1,000 Accounts — Really?), you might think I contradicted myself at the end. My post concluded with this sentence: “Except in rare occasions, like a grand opening, avoid the staff…

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