Cornerstone Resources ’s Post

Check out our latest blog post with Burditt Consulting where we dive into the TRIFECTA of member growth! 🎯

Resilience is key to thriving in today’s ever-changing environment. Discover strategies to strengthen your credit union's ability to adapt and grow. #LeadTheWay #LeadWithCUES https://hubs.la/Q02RWXZ80

A great way to send the message that Credit Unions are a safe place to save and borrow. If you're struggling with debt, don't turn to loan sharks. Instead take a look at how a Credit Union might be able to help: https://lnkd.in/eN9nB8QU #BetterWithMoney #FinancialEducation #StopLoanSharks #DebtAwarenessWeek #GMW2024

Here's a really interesting article from Mark Munro, looking ahead to when the Fed may start to cut rates, on the prospects for government bonds and credit markets.

OUR VISION: To be a transformational and growth-oriented credit union that provides its members with opportunities to achieve and sustain financial independence. At The Edge Credit Union, we are dedicated to empowering our members with the tools and resources they need to thrive. Our vision is to create a supportive environment where financial independence isn't just a goal, but a reality. OUR VALUES: - Integrity: We uphold the highest standards of honesty and transparency. - Sustainability: We focus on long-term growth and responsible financial practices. - Community: We build strong connections and foster a sense of belonging. - Passion: We are driven by our commitment to empower our members. - Excellence: We strive for superior quality in everything we do. Join us in our journey to achieve financial independence and make a lasting impact in our community. #FinancialIndependence #CommunityImpact #TheEdge #CreditUnion #Values 💪 Together, let's build a brighter future! 💪

Now forthcoming in the Review of Financial Studies, "Banking on Carbon: Corporate Lending and Cap-and-Trade Policy": https://lnkd.in/gtCensNc Ivan T Ivanov | Mathias Kruttli | Sumudu W. Watugala Abstract: We estimate the effect of carbon pricing policy on bank credit to greenhouse-gas-emitting firms. Our analyses exploit the geographic restrictions inherent in California’s cap-and-trade bill and a discontinuity in the embedded free permit threshold of the federal Waxman-Markey cap-and-trade bill. Affected high emission firms face shorter loan maturities, lower access to permanent forms of bank financing, higher interest rates, and higher participation of shadow banks in their lending syndicates. These effects are concentrated among private firms, while credit terms of public firms are largely unaffected. Overall, we show that banks respond quickly to realizations of transition risk. #transitionrisk #banklending #capandtrade #carbonpricing #ghgemissions #climatefinance #climatechange #esg

Everyone is talking about private credit, but not all private credit is created equal. As private credit becomes a household name – it’s important to understand the role that different strategies may play, and how to incorporate private credit as an extension of traditional fixed income allocations. My colleagues John Griffith and Michael Pond break down some key considerations for adding private credit to client portfolios in their latest article: https://1blk.co/3JICzHY

Fitch has published the May 2024 #European Distressed and Default Monitor. Persistent higher cost of capital will continue to impact the debt servicing capabilities and interest coverage ratios for challenged speculative grade corporates. Learn more: https://ow.ly/SZau50SjQiL #LevFin #LeveragedFinance #Default #CorporateFinance

The ACC's latest newsletter highlights the newly established US Private Credit Committee, formalising our longstanding commitment to advocating for the growing private credit industry in the US. This development follows our recent success in the courts regarding the SEC's proposed Private Fund Adviser Rule. With private credit firmly in policymakers' sights, this dedicated committee will spearhead our work in this important market. To learn more about the US Private Credit Committee or to get involved reach out to your usual ACC contact or find us at lendingforgrowth.org Read the full newsletter here: https://lnkd.in/e9djzM3y #privatecredit #alternativeinvestments

Ever wondered how Capital Credit Union UK differs from a traditional bank? In this short video Robbie McDermid from our member services team breaks it down for you, highlighting the key differences that set us apart. At Capital Credit Union, we prioritise our members and their financial well-being, offering a range of services with a community-first approach. Watch the video to learn more! 🎥👇 #CreditUnion #FinancialWellbeing #CommunityBanking #CapitalCreditUnion #MemberFocused #BankingWithADifference