Summary
Most certainly, the US' economic recession is providing a number of stumbling blocks for credit union leadership -- record low deposit rates, loss of loan revenue, the impending threat of inflation, the need to control operational costs -- as attempts are made to succeed in accomplishing these key tasks. As in any viable business, managing a financial institution's revenue and expense, in order to provide for a positive bottom line and a stable (or even growing) capital ratio, is paramount.
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Cues Skybox
As this is written on Jan. 1, 2009, many, many people are thankful that 2008 has been left behind. The numbers tel...
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