PSCU Principal at Advisors Plus Chris Joy joins us to discuss how the latest interest rate hike -- along with the predicted increases this year -- will affect credit unions and their members.
We discuss these items with Chris, as well as how the rising rate environment rekindles questions surrounding credit card portfolios that carry non-variable or fixed APRs. We also touch on credit unions stress testing 2017 budgets to start the year off on a firm foundation ready for anything the economy throws at us.
Enjoy our conversation and let us know your thoughts. Also, check out the white paper below (Rekindling Questions on
Non-Variable/Fixed Credit Card APRs in a Rising Rate Environment) for more details.