Listen On:
Key Takeaways:
- [03:32] Banks are reporting minimum increases in the things you would expect to see as warning signs like charge-off rates and delinquency rates.
- [11:20] Sophisticated modeling techniques are models that are built from lots of historical information, can tie variables together, and anticipate credit losses.
- [17:29] The credit unions that have a good understanding of their membership, markets, loan portfolios, and the ability to get some insight into those analytics may see some opportunities to expand into other product types.