Conducted by Dr. Charles Idol

Presented by TCUL ALM Resources

Sponsored by:  

For more than 20 years, Dr. Charles Idol, has presented seminars each June providing an economic outlook and expert analysis of the current regulatory environment.  As he approaches semi-retirement, these half-day sessions will be your final opportunity to hear Dr. Idol share his expertise with Texas credit unions.

Dr. Idol has been actively involved with credit unions since 1975, serving as a credit union director, SVP/Chief Economist of the Texas Credit Union League, Chief Economist of Southwest Corporate FCU, and credit union ALM consultant. He has published numerous ALM-related articles and developed several ALM software packages.

Seminar Description

Credit Union Balance Sheet Growth Trends, Earnings, Loan Quality, and Capitalization both During and After the Recession

• Non-real estate lending (particularly auto lending) grew at its fastest pace at credit unions last year since 2005.
• All credit union share growth in the low-rate environment since 2008 has been low-cost non-term shares.
• Over the last five years, the composition of credit union investment portfolios has changed dramatically.
• Credit union loan quality is returning to near pre-recession levels, particularly on non-real estate loans.
• Net interest income spread at credit unions has fallen below 3%, yet overall earnings (ROA) are respectable.
• Smaller credit unions (particularly those under $20 million in assets) continue to struggle with negative bottom lines.

 Economic and Interest Rate Forecast for 2013-14

• Key factors that will foster continued economic expansion in 2013 vs. those that will slow down the economy.
• Estimates for GDP's growth, job creation, the unemployment rate, and inflation this year.
• The Fed expects interest rates to stay at historic lows through 2014; however, there are developments that could trigger a rising-rate environment well before then.

Credit Union Balance Sheet Growth Trends, Earnings, Loan Quality, and Capitalization both During and After the Recession

• Non-real estate lending (particularly auto lending) grew at its fastest pace at credit unions last year since 2005.
• All credit union share growth in the low-rate environment since 2008 has been low-cost non-term shares.
• Over the last five years, the composition of credit union investment portfolios has changed dramatically.
• Credit union loan quality is returning to near pre-recession levels, particularly on non-real estate loans.
• Net interest income spread at credit unions has fallen below 3%, yet overall earnings (ROA) are respectable.
• Smaller credit unions (particularly those under $20 million in assets) continue to struggle with negative bottom lines.

2013 Seminar Dates and Locations