The Daily Dividend: FMS Publications

News, notes and insights from around the industry

JANUARY 8, 2018
Portfolio Portrait
By Mark Loehrke, Editor, Financial Managers Society

Portfolio PortraitHow did more than 5,000 community institutions wind down 2017 in their investment portfolios? Find out now in the latest edition of the Community Bank Investment Index (CBI Index) from PFM Asset Management LLC. 

Some of the more notable points from the fourth-quarter report include:

Portfolio yields trended higher in the period ending November 15, as yield to maturity rose to 2.45% – higher than both the third quarter rate of 2.26% and the year-earlier rate of 2.25%

Total dollars invested in bank portfolios dipped by nearly 3% from the third quarter to $555 billion  across all asset classes, although investments in equity securities rose by 2.1% ($113 million) for the quarter     

Dig deeper into the data in the fourth-quarter CBI newsletter, now available on the FMS Resources page. 


JANUARY 3, 2018
FMS forward: 18 for '18
By Hilary Collins, Specialist, Publications and Research, Financial Managers Society

FMS forward: 18 for '18Ring in the New Year with the January/February issue of FMS forward

Both the print and digital versions of our first issue of 2018 are packed with insights about the big challenges and changes facing your institution in the coming year, with eighteen stories covering a wide array of industry trends and movements, including:

The Big Picture: Three leading economists offer their outlook on the environment for 2018 and share their insights into the stories most likely to impact community institutions in the coming year.

When CDs Go MIA: In a rising rate environment, what strategies should your institution be exploring to preserve a shrinking CD base?

The Next Generation: The future customers and employees of Generation Z turn 22 in 2018, which means now is the time to get to know them better.

Pump the Brakes: Auto lending has long been the bread and butter of credit unions, but ever-climbing loan numbers may be triggering a warning light.

This is just a small sample of the eighteen stories we’ve pulled together for this issue, so be sure to check out your full print or digital copy. (Not a member? Join today!)

JANUARY 2, 2018
FMS Perspective: Bearing the Burden
By Hilary Collins, Assistant, Publications and Research, Financial Managers Society

FMS Perspective: Bearing the BurdenRegulatory relief may be on the way, but regulatory burden is all too present for community banks and credit unions. In fact, it’s the top concern for a majority of community institution leaders, more challenging than competition from other institutions or attracting new and younger customers. While most of these leaders find the regulatory burden manageable, some struggle to keep up, with 14% calling it “overwhelming”.

How are your peer institutions handling the challenges of new regulation? Find out with our new FMS Perspective piece, Community Mindset: Bearing the Burden. After all, misery loves company.

DECEMBER 25, 2017
Happy Holidays from FMS!
By Danielle Holland, President and CEO, Financial Managers Society

Happy Holidays from FMS!The staff of Financial Managers Society would like to wish all of our members and Daily Dividend readers a very healthy and happy holiday season.

As we look forward to a busy and exciting 2018, we want to thank you for continuing to help make FMS a vibrant and engaging community! 


DECEMBER 19, 2017
FMS Perspective: Millennial Musings
By Hilary Collins, Assistant, Publications and Research, Financial Managers Society

FMS Perspective: Millennial MusingsMillennials, Millennials – they’re everywhere these days. But there’s a good reason for that. Millennials now make up not only a hefty percentage of your employees and customers, but industry leaders as well. In fact, when FMS went out to 400 leaders of community institutions to get the pulse of the industry, Millennials made up at least a third of those respondents.

Yet even for those Millennial leaders, attracting Millennial customers is a challenge. We analyze those challenges and the importance of overcoming them in the new FMS Perspective piece, Community Mindset: Millennial Musings.

Understanding and appealing to this generation is only likely to become more important as they get older and become more dominant in the workforce and marketplace – this is a good place to start.


DECEMBER 11, 2017
FMS Perspectives: Reassessing the Branch Network
By Hilary Collins, Assistant, Publications and Research, Financial Managers Society

FMS Perspectives: Reassessing the Branch NetworkIt’s hard to reach a clear consensus about the future of the brick-and-mortar branch, but FMS surveyed 400 leaders at community banks and credit unions to try and get a pulse of the industry. While not entirely cut and dried, it’s clear from their responses that branches have fallen on the priority scale, likely in favor of technology.

Nevertheless, despite not being a top priority, most respondents were satisfied with their branch networks, and only a small percentage (less than 20%) are planning on closing or consolidating branches. In fact, 72% said their customers are happy with their branch experience, so why change?

For more insight into how other institutions are responding to the challenges of branch operations in an increasingly tech-focused industry, read our latest FMS Perspectives piece, Community Mindset: Reassessing the Branch Network
DECEMBER 1, 2017
Friday Hot Links: Tooting-Our-Own-Horn Edition
By Hilary Collins, Assistant, Publications and Research, Financial Managers Society

Friday Hot Links: Tooting-Our-Own-Horn EditionDecember is upon us, and there are plenty of big things going on here at FMS. So we decided to take a break from the industry news to highlight a few in-house specialties.   

December 1, 2016
Happy birthday to us. A year ago today, the Daily Dividend dropped its very first post, in which we were clear that though daily in name it was “not necessarily our plan” to actually supply daily dispatches. But sometimes plans change, and as the blog has evolved, we have indeed moved to a daily posting schedule to bring you up-to-date information about FMS and the industry at large.

December 1, 2017
It’s official— AMIfs has joined the FMS community! This is great news for FMS and AMIfs members alike, as FMS members will now enjoy expanded educational content and programming – such as the Certified Profitability Professional program – and AMIfs members now have access to a host of fantastic FMS resources, including FMS forward, proprietary industry research, complimentary webinars and much more.

December 11, 2017
There are just ten more days to take advantage of the lowest registration rate for The 2018 FMS Forum – the Early Special Rate expires on December 11, so make your plans now to join us in Orlando. This year’s big event will again feature the outstanding educational programming, terrific networking opportunities and expert insights you’ve come to expect, as well as a new profitability track and a chance to celebrate the 70th anniversary of FMS.


Mark Loehrke
Editor and Director, Publications and Research

Danielle Holland

Hilary Collins
Specialist, Publications and Research