If there is one thing to be said infallibly about risk management, it is never black and white. The historically-low rate environment coupled with mostly-anemic consumer loan demand has put increased pressure on credit union margins across the nation; moreover, many are reaching their floor with regard to lowering deposit rates. In light of the […]
A recent article from CNNMoney.com reported that JP Morgan Chase is proposing a cap of $50 (or $100) on individual debit card transactions in an effort to boost transaction volume. Not surprisingly, they attribute the proposal to the pending changes in rates on interchange income. Chase claims that debit cards will not be profitable for […]
Experts say one of the biggest outcomes from the current recession will be leaner companies that run more efficiently with less staff. According to a recent article titled Companies Do More With Fewer Workers (USA Today, 02/23/11), productivity has risen more in the current recovery than previous ones (except for 2001), jumping 3.5% in 2009 […]
