manage your account
Articles Tagged with


Home / ROI

Credit Unions in a Regulatory Bind

I just had to laugh when I saw this article in AMERICAN BANKER and knew that I needed to share it:

CREDIT UNIONS: Deposit surge puts credit unions in a regulatory bind. (Why? Because people aren’t taking out as many loans and banks are having to put those deposits into lower-yielding investments. POOR Babies)

By Ken McCarthyOctober 15, 2021, 4:18 p.m. Consumers have been socking away much more in savings since the start of the COVID-19 pandemic, and that is putting pressure on credit unions’ ability to maintain capital at required levels. Total U.S. shares — deposits that also convey partial ownership in the credit union — rose 14.8% year over year to $1.71 trillion in the second quarter of 2021, according to data from the National Credit Union Administration. Those shares ideally are used to fund loans. Since loan demand is lagging, credit unions often have to put excess deposits into lower-yielding investments including federal funds, said Tim Scholten, president of the credit union and community bank consultancy Visible Progress.

Another way to increase your savings is to invest it in a safe manner and earn much more than letting your hard-earned dollars just sit in a bank account earning about 1% per year. If you agree, take a look at and share this with your friends…

SingleProfit currently has earned gains of 19.57% in 2021 and 127.35% since FEB 2020.

About SingleProfit

SingleProfit provides professional wealth management services. SingleProfit has our interests directly aligned with our clients: to earn outsized returns on a consistent basis.

Get Started
Recent Comments
    Related Links
    Privacy Settings
    We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
    Consent to display content from Youtube
    Consent to display content from Vimeo
    Google Maps
    Consent to display content from Google
    Consent to display content from Spotify
    Sound Cloud
    Consent to display content from Sound
    manage account