Plansmith Blog

The Real Reasons to Outsource Your IRR

Posted by Dave Wicklund on 10/4/18 9:15 AM

As you grow, your organization has more and more things to manage.

  • Strategically, you’re working to find the right markets to penetrate with the ideal products and services.
  • Financially, you’re making sure your earnings are meeting or exceeding targets.
  • And organizationally, you’re looking for the right talent to expand and grow.

One thing you can’t ignore is the role Interest Rate Risk plays in the banking industry today.

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What is Managing Your Own IRR Really Costing You?

Posted by Dave Wicklund on 8/28/18 9:10 AM

Regulatory compliance costs are skyrocketing!

The focus of safety and soundness examinations continues to move towards asset/liability management and ensuring financial institutions are complying with the guidance issued in the last several years.

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Why Regulators Care About Surge Deposits (And You Should, Too!)

Posted by Dave Wicklund on 5/17/18 8:40 AM

So why do we keep hearing about “surge” deposits and how important it is to know if you’re holding any? Well, it might be because in the past 10 years, CD balances in FDIC insured institutions have fallen by $880 Billion; yes, that’s Billion with a capital “B.” And while that may be the bad news, the good news is that over the same time period, non-maturity deposits (DDAs, NOWs, Savings, and MMDAs) have grown by $5.9 Trillion (with a capital “T”).

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Is Compass Advanced Coaching Right For You?

Posted by Karen How on 3/27/18 9:47 AM

As Plansmith’s Director of Client Education, I’m often asked which continuing education programs should I attend and why? 

One of my favorite courses that I always recommend is our Compass Advanced Coaching event. Don’t let the title scare you, it’s a great fit for a wide variety of experience levels.

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3 Reasons Outsourcing Your IRR is the Smart Choice

Posted by Megan Plis Knapp on 1/17/18 2:55 PM

Smart choice - that's a bold statement. But believe me, I wouldn't use those words if it weren't the truth.

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3 Key Components in Outsource IRR Analysis

Posted by Tom Parsons on 10/19/17 3:24 PM

The October 2017 issue of ICBA Independent Banker features Dave Wicklund and his views on selecting a service provider for outsourcing your IRR analysis. You can find the article on page 57.

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4 Reports for Analyzing & Understanding Your Bank's IRR

Posted by Dave Wicklund on 3/23/17 12:24 PM

Knowing and understanding your bank's risk position is important. Regulators expect you to keep a close eye on your IRR exposure and be ready for a rising rate environment.

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Surge Deposits: 3 Regulatory Expectations

Posted by Dave Wicklund on 2/1/17 8:01 AM

In the last 5-10 years, there's been a lot of growth in DDA, NOW, MMDA, and savings accounts. These deposits can provide a great low-cost funding base, but they can also draw attention at your next exam.

Examiners are looking closely at these surge deposit balances. Specifically, they're looking to see if you've considered surge deposits in 3 ways.

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4 Parts of an Effective Interest Rate Risk Management Program

Posted by Dave Wicklund on 10/12/16 8:07 AM

It's tough out there for banks. With so much competition from other financial institutions and new technologies, not to mention increased government regulation, it's no wonder some bankers feel overwhelmed. One of the hot topics of regulation at the moment is interest rate risk, and examiners want to know how the bank is poised to handle it. What does this come down to? It comes down to a process for handling interest rate risk, or an Interest Rate Risk Management Program.

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