Steve Reider

Oct 11, 2024 | bankingexchange.com | Steve Reider

From the introduction of the first ATMs in the late 1960s, banking industry pundits have predicted the demise of the retail branch, rendered obsolete by technology. The calls accelerated at the dawn of the Internet age in the early 2000s, and then again following the financial crisis of 2008/2009 during the rise of online and mobile banking; and most recently when the COVID pandemic forced many consumers out of branches and into electronic channels.

Sep 19, 2024 | cumanagement.com | Gisele Manole |Richard H. Gamble |Steve Reider

3 minutes Discover how one platform can transform your credit union’s member experience and streamline operations. As credit unions continue to navigate the evolving financial landscape, one of their greatest opportunities is enhancing the member experience to make it even smoother and more seamless. This opportunity becomes even greater when dealing with multiple systems for various financial products.

Sep 19, 2024 | cuinsight.com | Steve Reider

There are many measures that summarize banking performance, but in terms of the immediate effectiveness of a financial institution, one of the most insightful measures is the efficiency ratio. Whereas measures such as return on equity remain dependent on the institution’s capital structure at the time and return on assets gives no insight into the scale of expenditures required to generate those returns, the efficiency ratio neatly captures both sides of the income equation.

Sep 16, 2024 | cumanagement.com | Steve Reider |David Glaneman

4 minutes Mergers promise efficiency, but do they deliver? Explore why results may differ. There are many measures that summarize banking performance, but in terms of the immediate effectiveness of a financial institution, one of the most insightful measures is the efficiency ratio.