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Dividend Guidelines, Peer Group Statistics to Continue
Monday, June 12, 2017 6:55 AM

The June 2017 Dividend Guidelines are now available for download on the Cornerstone Credit Union League website. The guidelines, along with other ALM-related documents, can be found in the ALM Resources area.

Dr. Charles Idol began publishing Dividend Guidelines in July 1987, and the offering is one of the most requested services provided by ALM Resources. Though Idol has officially retired, Dividend Guidelines will continue to be published in their traditional format and made available to members of Cornerstone.

Dividend Guidelines offers suggested rates for buying deposits over the ensuing month based on the current interest-rate environment. Having access to this information allows credit unions to be competitive as interest rates adjust, offers lucrative reinvestment opportunities, and helps avoid over-attracting funds in times of lower loan demand.

Peer Group Statistics transitioned to ALM Resources in 2016 and will now be updated quarterly. This offering was expanded to enhance the ability to compare your credit union to those of similar size, provide more definition of operational results, and assist your credit union in making strategic decisions.

In addition to the combined peer information for all federally insured credit unions, they are now more defined in the asset groups below, each group further divided into five asset categories:

  • All FICUs <$20M
  • All FICUs $20M – $100M
  • All FICUS >$100M

The FICO charts will be available to assist credit unions in developing risk-based pricing models and utilizing a market-based matrix for pricing loans.

For more information, please contact Vicki Harris, financial analyst, at 800-442-5762, ext. 6497.