by Jeff Owen | Oct 16, 2024 | Client Satisfaction, Enterprise Risk Management, Operational Risk Assessment, Risk Appetite Assessment, Risk Management, Strategy, Vendor Management
At the heart of Rochdale’s credit union strategy, risk and vendor management consulting and software firm lies a commitment to excellence and client satisfaction. Our clients’ success stories are a testament to the transformative impact of our solutions. From...
by Brian Hague, CFA | Oct 7, 2024 | Economics, Enterprise Risk Management, Lending, Operational Risk Assessment, Press, Risk Appetite Assessment, Risk Management, Strategy
The big economic story for Q3 was the long-anticipated commencement of easing by the FOMC. Contrary to popular opinion, it was not overdue. In this writer’s opinion, the magnitude of the cut – 50bp – was entirely unjustified by the prevailing data; indeed, one could...
by Brian Hague, CFA | Jul 7, 2024 | Economics, Enterprise Risk Management, Lending, Risk Appetite Assessment, Risk Management, Strategy
As with last quarter, the focus is on the labor market. The pattern of surprisingly strong nonfarm payroll releases followed by outsized downward revisions continues, such that it’s surprising that the large initial prints even produce a market reaction anymore. In...
by Brian Hague, CFA | Jan 2, 2024 | Economics, Enterprise Risk Management, Risk Appetite Assessment, Risk Management, Strategy
“The only constant is change” is a quote that is mistakenly attributed to the Greek philosopher Heraclitus, but the misattribution doesn’t make the axiom any less true. In the 2023 Q2 report, we anticipated an economic downturn beginning in 2024. By the following...
by Brian Hague, CFA | Dec 30, 2023 | Economics, Enterprise Risk Management, Risk Appetite Assessment, Risk Management, Strategy, Vendor Management
‘Twas the Night Before New Year’s, twenty-twenty-four, And all of us wondered what might lay in store For the coming new year. What would twenty-four bring? Just what to expect had us all pondering. The Fed, they appear to be done with their hiking; A prospect...
by Jeff Owen | Sep 19, 2023 | Enterprise Risk Management, Operational Risk Assessment, Risk Appetite Assessment, Risk Management, Strategy
Strategic planning lies at the heart of credit unions’ mission to serve members, foster financial well-being, and thrive in a competitive financial landscape. Yet, one often underappreciated factor in the success of credit unions’ strategic initiatives is...
