News & Insights

This year’s Strategic Summit kicked off at the Hyatt Regency Lost Pines Resort & Spa, nestled on 405 acres of the Texas Hill Country – the perfect backdrop to get lost in thought leadership.

As many expected, the FOMC voted 10-2 to cut rates for the second consecutive meeting to a target range of 3.75-4.00%. hat markets were not expecting was a hawkish tone from Jerome Powell about a December rate cut.

At this year’s Strategic Summit, attendees were treated to an inspiring and candid conversation with Jim McKelvey, co-founder of Square (now Block, Inc.) and author of The Innovation Stack. Drawing from his own entrepreneurial journey, McKelvey shared insights on what it takes to build enduring companies, overcome industry giants and innovate in ways that truly matter.
 

Warning lights continue to flicker in overnight accounts. SOFR rates remain above the Fed’s Interest on Reserve Balances (IORB) by about 15 bps.

Last week wrapped up with crypto currencies experiencing their largest one-day crash in history, with over $19 billion liquidated across exchanges in a matter of hours. 

Despite entering the second week of a government shutdown, which has halted the release of economic data, equity markets viewed the data blackout as a reason to rally.

As we enter the final stretch of 2025, credit unions are making strategic shifts in their investment portfolios with the recent Federal Reserve rate cuts.

The monthly Market Overview & Data Report is a comprehensive summary of October's key economic and market metrics that are fundamental to credit union financial management. The report not only summarizes key economic and market data, but also explains how these metrics are relevant to credit unions. It further includes industry peer performance data and assessment, relative value evaluation, and an upcoming economic calendar. It is also an excellent report to include in credit union board and ALCO packets.