Through independent research and innovation, the Filene Research Institute explores issues vital to the future of credit unions and consumer finance.
This report contributes to the regulatory debate by comparing the financial stability of banks and credit unions from 1986 to mid-2009, a period that covers several business cycles and ends during some of the most pronounced effects of the Great Recession.Starting from the observation that unemployment coincides closely with loan delinquencies and charge-offs, the researchers aim to describe how the same economic shocks treat the loan portfolios of credit unions and banks.
More ...categories » Economic Issues - Credit Unions, Podcasts and Videos, Policy, Risk Management
For open-collared shirts and sunglasses, it’s hard to beat San Francisco. And this week at Finovate both, along with an eclectic mix of what’s next in electronic finance, were on full display. Finovate is a conference for financial technology companies to get their latest innovations in front of customers, VC funders, the press, and gadflies like us. I won’t do a full review of each product or presentation; some had very little to do with credit unions. But here are a handful that fall under these credit union categories: Promising, Helpful, Interesting, and Dangerous.
More ...categories » Innovation, Risk Management, Technology
In Credit Union Costs and ConslidationsFilene Fellow James Wilcox answers the question “Is there significant empirical evidence that credit unions can reduce their costs by operating at a larger scale?”
More ...categories » Collaboration, Economic Issues - Policy, Mergers, Risk Management, Small Credit Unions