Boomers May be Facing Diminishing Net Worth

Karl W. Smith in an April 24, 2019 article in cutimes.com reports that financial upheaval may be in the works for Boomers leading to major changes in their net worth.

Credit unions need to be aware of changing demographics in their market areas as well as the nation that could impact future earnings and lending programs.

TCT Risk Solutions has effective risk management tools for clients. TCT’s Risk Based Loan Pricing tool assures individual loans are priced according to risk. TCT’s Credit Migration tool assures risk is managed in existing loan portfolios.