WASHINGTON—While aimed at banks, the FDIC has released guidance that will be of interest to many credit unions, as well.
The document is being released at the same time CUToday.info is hosting “Pricing Week,” which is exploring a host of pricing related issues.
In the release of its summer 2015 issue of Supervisory Insights, the FDIC has included an article, "Strategic Planning in an Evolving Earnings Environment," that highlights the critical role of corporate governance and strategic planning in navigating a challenging operating environment.
"Although the financial performance of banks is steadily improving, the operating environment remains challenging," said Doreen R. Eberley, director, division of risk management supervision. "Strategic planning can be a tool for an engaged bank management team to deal with tradeoffs between risk and return and promote sustainable earnings."