Comments on: 50 and 50 http://cuinnovators.com/blog/50-and-50/ At CU Innovators, we help credit unions, CUSO's, and service providers create meaningful products and services for their members and clients. Sat, 04 Feb 2012 01:08:47 +0000 hourly 1 By: Robbie Wright http://cuinnovators.com/blog/50-and-50/comment-page-1/#comment-294 Robbie Wright Wed, 19 Sep 2007 23:30:59 +0000 http://blog.cuemployee.com/2007/09/18/50-and-50/#comment-294 Yup, that is could very much be a problem. Members have gotten used to seeing promo rates and will want to continue to see promotions, but the rates we offer must be kept in line with our asset yield and life. Yup, that is could very much be a problem. Members have gotten used to seeing promo rates and will want to continue to see promotions, but the rates we offer must be kept in line with our asset yield and life.

]]> By: CD Rates Blog http://cuinnovators.com/blog/50-and-50/comment-page-1/#comment-293 CD Rates Blog Wed, 19 Sep 2007 22:04:26 +0000 http://blog.cuemployee.com/2007/09/18/50-and-50/#comment-293 The other problem with promo rates is the potential back lash from unhappy members who had a 5.00% or 5.25% and suddenly it is 4.50% or 4.75%. As far as being long, if the longer, higher rates were done in conjuction with good yielding loans, CUs should be okay. But, some credit unions (Pentagon) were offering CD rates (3Y - 7Y) back in January over 6.00% with loan offers at a lower yield. They are certainly large enough, but that could put you in a negative position quickly. On the investment front, if you locked in some good longer-term rates, you will probably end up ahead of the curve. ChrisCD Jumbo CD Investments, Inc. The other problem with promo rates is the potential back lash from unhappy members who had a 5.00% or 5.25% and suddenly it is 4.50% or 4.75%.

As far as being long, if the longer, higher rates were done in conjuction with good yielding loans, CUs should be okay. But, some credit unions (Pentagon) were offering CD rates (3Y – 7Y) back in January over 6.00% with loan offers at a lower yield. They are certainly large enough, but that could put you in a negative position quickly.

On the investment front, if you locked in some good longer-term rates, you will probably end up ahead of the curve.

ChrisCD
Jumbo CD Investments, Inc.

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