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Time to Rethink Mortgages.
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- Author(s): Hampel, Bill
- Source:
Credit Union Magazine. May2010, Vol. 76 Issue 5, p52-52. 1p.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
The author discusses the importance of asset-liability management (ALM) in credit unions (CUs) in the U.S. He cites the drop of earnings in CUs due to the increase of loan losses, low yields on investments and the decline of share insurance premiums and which encourage it to look for ways for long-term ALM strategies. Moreover, the author points out the advantages of CUs to rethink of their strategies and adopt measures that will address its financial challenges.
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