Money Management A Look Ahead: Expectations for the Markets & Economy in 2024 You’d think after nearly four years of pandemic-induced financial hysteria, we would’ve seen it all. But that wasn’t the case – not even close – as we continued to weather many storms in 2023. As 2024 closely approaches and we try to prepare ourselves for what’s next, we
Money Management Bank Term Funding Program: The Fed’s Solution to Liquidity How can you solve a problem like liquidity? In today’s world, that’s a tricky question. Luckily, the Federal Reserve has a solution that might just interest your credit union. It’s called the Bank Term Funding Program (BTFP), and it’s a relatively new lending program available to
Money Management Liquidity Solutions as the Fed Continues to Tighten Among the ebb and flow of economic data, pandemic-induced inflation and other financial turmoil we’ve (almost) become accustomed to the past few years, it’s no surprise that liquidity has been impacted. This continues to be the case as we watched the FOMC meet on February 1, 2023, and
Money Management SimpliCD – It’s Not Just for Investors Liquidity needs can change quickly. Even just a few months ago, credit unions were flush with cash and were searching for ways to invest their excess liquidity. But for many credit unions, things have changed as the Fed has begun to raise rates more aggressively than we’ve seen in