by Brian Hague, CFA | Dec 18, 2023 | Economics, Enterprise Risk Management, Risk Management, Strategy
The headline inflation rate – specifically, the Consumer Price Index (CPI) – has declined on a year-over-year basis from a peak of 8.9% in June of 2022 to 3.2% as of October, the latest reading. Last June’s inflation level was the highest since 1981. The decline has...
by Brian Hague, CFA | Nov 2, 2023 | Enterprise Risk Management, Operational Risk Assessment, Risk Management, Strategy
Back to the Basics: What is risk? Legendary football coach Vince Lombardi opened training camp for the Green Bay Packers in 1961 in historic fashion. The Packers had blown a 4th-quarter lead in the NFL Championship Game against the Eagles the previous year. The...
by Jeff Owen | Sep 7, 2023 | Enterprise Risk Management, Operational Risk Assessment, Risk Management, Strategy
In today’s rapidly evolving business landscape, traditional Enterprise Risk Management (ERM) practices are facing a critical need for reevaluation. While ERM has long served as a shield against potential threats, it’s high time we recognize its untapped...
by Rochdale | Apr 6, 2023 | Press, Risk Management
SITUATION For over 80 years, Louisiana Federal Credit Union (LFCU) has been the go-to destination for money-saving solutions. Boasting a $420-million-asset portfolio, they have helped 36,000 members save over $7.1 million dollars. The credit union prioritizes local...
by Scott Hood | Mar 31, 2023 | Economics, Enterprise Risk Management, Governance, Risk Management, Strategy
Considering the recent events around the failure of Silicon Valley Bank and other major banks, now is a good time to revisit your assessment of liquidity and interest rate risks and, even more importantly, validate your responses for mitigating those exposures. So,...
by David Seibert | Mar 14, 2023 | Enterprise Risk Management, Governance, Regulatory, Risk Management, Strategy
Much has been written about the SVB (Silicon Valley Bank) failure, the largest U.S. bank failure behind Lehman Brothers back in September of 2008. Articles have extensively covered how it happened and what the impact is to financial markets and the banking sector. But...
