Mike Schenk is the chief economist and deputy chief advocacy officer for policy analysis for the Credit Union National Association.

Mike Schenk

Chief Economist and Deputy Chief Advocacy Officer for Policy Analysis

Economic indicators

The biggest risks credit unions face

Credit unions need to be thinking about pressure on net interest margins and declining revenues.

By Mike Schenk

March 12

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M&A

Columbia struggled after Umpqua merger. Is the math starting to work?

The combination of two Pacific Northwest banks was supposed to create a regional powerhouse, but rising deposit costs have stung. CEO Clint Stein says he's "laser-focused" on making Columbia a top performer again.

By Polo Rocha

1h ago
Diversity and equality

Small banks 'feel like hostages' to their core systems: OCC's Hsu

A set of panels discussing minority depository institutions and digitization found that cost is a significant challenge to minority depository institutions, especially in the core processing space.

By Miriam Cross

4h ago
Community banking

Regulators issue guidance to community banks on third-party risks

The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency issued a 30-page guidebook on managing affiliate risks. The report builds on formal guidance issued last year.

By Kyle Campbell

5h ago