Blog & Resources
#ILoveMyCreditUnion… Rochdale-style
See why the Rochdale team loves their credit unions…
Louisiana FCU Improves Risk Insights and Decision-Making with Rochdale’s Risk Management Program
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...
Could Your Credit Union Suffer the Same Fate?
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...
NCUA’s Cyber Incident Notification Requirements and Vendor Management
The National Credit Union Administration (NCUA) delivered the Cyber Incident Notification Requirements for Federally Insured Credit Unions final rule on Feb. 16. While your information security and compliance departments...
Banking & Risk Management (or the Lack Thereof)
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...
The Importance of an Operational Risk Management Framework
Risk management is at the core of success for credit unions as they set their strategy towards creating, preserving, and realizing value (i.e., adding value to their members' lives!). However, it is easy for leaders to get...
As Housing Goes, So Goes The Economy
Those words, uttered by President George H. W. Bush in 1992, may be a harbinger of things to come, if the most recent home price data is any indication. After more than a year of widespread bubble-like increases in home prices across the U.S., the June data revealed the first cracks in the housing bubble. Driven by a combination of affordability challenges brought on by the significant run-up in prices, and a 275 basis point (bp) increase in the average 30-year fixed mortgage rate in just six months, the nascent turn in home prices could signal a shift in the direction of overall economic activity.
Lessons From 1994: An Interest Rate Retrospective
Consumer inflation is at the highest level in 40 years: the Consumer Price Index (CPI) year-over-year is up 7.5% as of January 2022, the highest rate since February 1982.
Redefining (and Clarifying) ERM & ORM
Mitigating risks, day-to-day operations, and business objectives can be challenging in both resources and in execution. apogee iQ’s ERM and ORM modules are stand-alone modules, but work together to manage your full set of risk management programs