Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
CUs can re-price deposit rates with online tool
SAN ANSELMO, Calif. (1/2/09)--Credit unions that subscribe to Market Rates Insight can use MyRI to price and re-price deposit rates more frequently. MyRI is a Web research portal with a set of deposit and loan-rate reports that can be organized by competitor, retail, small business, commercial bank products or geographic market. MyRI uses a forward-programming algorithm that matches specified deposit products to the terms and tiers of the nearest competing product, which gives credit unions an apples-to-apples view of the competitive landscape, the company said. “The velocity of rate changes makes it harder to stay current using traditional static rate reports,” said Rick Barnham, founder/CEO of Market Rates Insight. “With our new MyRI portal, subscribers can get competitive data when they need it.” Market Rates Insight provides credit unions and other financial institutions with accurate market intelligence on deposits, loans and fees, the company said.


RSS





print
News Now LiveWire
.@NACHAOnline report: ACH volume increases to 23B payments in 2014 http://t.co/va2WYMh4Zv
1 day ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers: http://t.co/CPSgTNgwmm
1 day ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow http://t.co/hhPj5v5AH3
1 day ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow http://t.co/yfoZHAMlZc
1 day ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU http://t.co/cgF5o83XlK
28 minutes ago