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Posts tagged with "dashboard"

08/19/2019

Rates are falling. Margins Are Shrinking. Why, and What Next?

Last month we wrote about an upcoming cut in interest rates. At the time, we wrote about what financial institutions—especially smaller institutions—should expect. A couple of days later the Federal Reserve announced the first target Fed Funds rate cut in a decade. So now we have some clarity—what can we learn? Managing rates is a…

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07/30/2019

Interest rates, market instability, and what it all means

“Turbulent” is probably the safest way to describe the interest rate landscape for financial institutions in 2019. Opinions about upcoming rate movements have taken a rollercoaster ride over the past several months. This is based on comments from Federal Reserve Chairman Jerome Powell, and the Federal Open Market Committee meeting again this week. We will…

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04/22/2019

The yield curve is inverting. That’s signaled recession since the ’60s. Now what?

Can we predict the future by looking at the past? When you’re talking about finance, the answer may well be yes. Every recession we’ve had since the 1960s occurred about a year after an inversion of the Treasury yield curve. And, it looks like that’s starting to happen right now. But it’s not time to…

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03/19/2019

Which accounts are helping your NIM, and which are hurting?

Net Interest Margin (NIM) makes the world go ’round in banking. Most everyone in finance knows it measures the difference between the interest banks pay and the interest they receive. Last year, the average NIM for U.S. banks was 3.2 percent, which was up from a record low of 2.95 percent in 2014, but down…

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03/18/2019

Three things you should be doing for your board of directors

We ask a lot of our boards—sometimes more than the pay or liability risk would warrant! Fortunately, most community banks have board members who are personally engaged and invested enough to go the extra mile for your institution. To my knowledge, no one has studied this, but I expect that the higher the board’s engagement,…

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02/25/2019

How to Get Employees Behaving Like Business Owners

Whether they realize it or not, many of our Dashboard clients practice “open-book management.” In other words, they actively create a culture where employees think, act, and feel like owners. They get their employees engaged in making money for the business. How does open-book management work? According to John Case, who coined the phrase and…

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11/29/2018

Credit Union Puts Data and a Dashboard into More Hands

Chaffey Federal Credit Union of Rancho Cucamonga, CA is expanding its use of Dashboard across the institution. It’s part of a deliberate strategy for Chaffey FCU to increase the use of data to make decisions at every level. The credit union first started using Dashboard to improve the speed, ease, and accuracy of the budgeting…

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