We’re all familiar with the adage, “timing is everything,” but when it comes to interest rate risk, that saying is especially true. Just like an inevitable scheduling conflict or a missed career training opportunity, think of interest rate risk as a measurement of a timing mismatch. As credit unions

For those of you who need corrective lenses like I do – have you ever sat in the optometrist’s chair and struggled to decide which eye chart was more in focus? A or B, B or C? Sometimes, it is an obvious choice; then others, I feel that both are

Growing up, I frequently heard the famous quote from Ludwig Mies van der Rohe, “Less is More”.  Maybe you did too. But for me, as a child, this phrase did not resonate with me. Why wouldn’t you put all the possible toppings on an ice cream sundae? It just

Do you remember the story of Goldilocks and the three bears? You know, the one where a little girl happens to find the home of three bears in the woods. She goes inside and eats their bowl of porridge. One of the bowls of porridge is too hot; one is

When a credit union comes to me regarding updating asset liability management (ALM) policy limits, one of my first questions to them is: what is your risk tolerance? More often than not, I get the response: we are not sure, what does the NCUA say?. While it’s definitely important