Interest Margins Are Up. ROA Is Not.
Rising interest rates helped credit unions boost margins in 2023; however, increased provisions ate into ROA.
Rising interest rates helped credit unions boost margins in 2023; however, increased provisions ate into ROA.
Strategic plans should be developed in constructive partnership between a credit union’s board and senior management.
The performance of the industry’s largest credit unions can skew averages; considering median data in performance analysis uncovers different insights.
Despite building savings during the pandemic, less than half of Americans feel comfortable with their level of emergency savings today. Even that comfort is not evenly distributed.
Members are moving their shares from liquid deposits to certificates in an effort to earn more from their money.
Following years of elevated output, lending returned to historic norms in 2023.
Look beyond the headlines to discover the driving forces behind market trends and consider how they impact a credit union’s investment portfolio.
The curse of cable TV, servant leadership, and more concerns around AI were among the major topics as the annual event continued.
The fate of fee income, AI, and consolidation (of a sort) were top of mind on Monday.
Use cases of AI in financial services are still limited, but UFCU is showing how new technology can alleviate pain points and reduce friction.
Rising interest rates helped credit unions boost margins in 2023; however, increased provisions ate into ROA.
Strategic plans should be developed in constructive partnership between a credit union’s board and senior management.
The performance of the industry’s largest credit unions can skew averages; considering median data in performance analysis uncovers different insights.
Despite building savings during the pandemic, less than half of Americans feel comfortable with their level of emergency savings today. Even that comfort is not evenly distributed.
Members are moving their shares from liquid deposits to certificates in an effort to earn more from their money.
Following years of elevated output, lending returned to historic norms in 2023.
Look beyond the headlines to discover the driving forces behind market trends and consider how they impact a credit union’s investment portfolio.
The curse of cable TV, servant leadership, and more concerns around AI were among the major topics as the annual event continued.
The fate of fee income, AI, and consolidation (of a sort) were top of mind on Monday.
Use cases of AI in financial services are still limited, but UFCU is showing how new technology can alleviate pain points and reduce friction.
Markets Pare Back Pivot Expectations