What’s going to happen with interest rates? When are they going up? These questions have been the subject of endless discussion in financial circles for the past few years. Well, no one has a crystal ball, but one thing is sure: Interest rates can’t get much lower. So, whether it’s tomorrow or a few months from now, at some point, rates are going up.download pdf
Rick Claypoole, Vice President, Product Management, talks interest rates, net interest margins (NIMs), and profitability. For nearly a decade, the Federal Reserve has held interest rates at historically low levels. In fact, we have not been in the initial stages of an up-rate environment since 2004. How many product managers, treasurers and chief financial officers in the field today held the same roles back in 2004? Probably very few, if any. Thus, the learning from past experience is distant at best, nonexistent at worse. So what’s a financial institution to do? Download the article to find out.
Newton's Third Law says that for every action, there is an equal and opposite reaction. What's that have to do with financial institution risk and compliance? Find out by watching this short video from Kevin Malicki, Director of Product Management at Harland Clarke.
Going back to the 1980s, net interest margins (NIMs) typically hover between 3-4 percent. So what, you say? Well, the lesson to be learned here is that even as the...