Many of today’s bank and credit union employees have never worked in a rising rate environment. For these people, planning for potential changes in interest-sensitive products, like deposit and credit offerings, may not be top of mind.
Boston, MA (PRWEB) January 07, 2016
In a new research note, Anticipating the Effects of Federal Reserve’s Interest Rate Increases, Mercator Advisory Group examines how a rising interest rate environment can affect financial institutions’ financial performance.
“Several questions loom large, including at what pace will subsequent Fed rate hikes occur, what will be the duration of the rate hikes, and how high rates will be over the next few years. These questions are important because many of today’s bank and credit union employees have never worked in a rising rate environment. For these people, planning for potential changes in interest-sensitive products, like deposit and credit offerings, may not be top of mind,” comments Ed O’Brien, director of Mercator Advisory Group’s Banking Channels Advisory Service and author of the research note.
Highlights of this research note include:
- Reasons the Federal Reserve is likely to take a measured, gradual approach to rate increases
- Common considerations and strategies for banking institutions in the face of rising interest rates
- The necessity for increased education and awareness for banking personnel who have never worked in a rising interest rate environment, which includes anyone who has worked in a bank or credit union for less than 10 years
This document is 9 pages long and has 4 exhibits.
Members of Mercator Advisory Group Banking Channels Advisory Service have access to this research note as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.
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About Mercator Advisory Group
Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.