Credit Unions Excel At Meeting Members’ Auto Loan Needs
Since year-end 2017, credit unions have gone from financing 19.7% of auto loans on the market to 20.5%.
Since year-end 2017, credit unions have gone from financing 19.7% of auto loans on the market to 20.5%.
Innovations Federal Credit Union is a story of success and survival. Despite bearing the brunt of three disasters this past decade, the beach-based credit union has come out all the stronger for it.
Hurricane Michael made landfall on Oct. 10, 2018, and quickly became one of the most destructive storms in U.S. history. Innovations Federal Credit Union lived through it, and discusses the business continuity, disaster recovery, and teamwork efforts required to be the first financial institution in its community back online.
Since 2013, Innovations FCU has worked to serve the full business services needs of its low-income membership. In the wake of Hurricane Michael, the need may be greater than ever.
A credit union is more than the sum of its numbers, but these five data points help illustrate the strategies and opportunities facing the cooperative today.
Credit unions in Missouri turned out impressive auto loan penetration and overall asset quality.
Consumer optimism, debt levels, deposit balances, and more. Get a glimpse of what happened across the United States in the first quarter.
Real comments from online review sites to inform strategies, policies, and practices.
Callahan’s associates offer their take on the best books for credit union leaders.
The share portfolio posts record first quarter growth and totals nearly $1.3 trillion as of March 2019.

Look beyond the headlines to better understand what is driving current market trends and how they could impact credit union investment portfolios.

A rethink of closing costs, rate relief, and employer partnerships helped 7 17 Credit Union build an affordable housing mortgage program that works.

Where is mortgage growth coming from right now? This week, CreditUnions.com covers a mix of home equity campaigns, targeted affordability programs, and niche lending strategies that are bringing borrowers back into the market.

Home equity lending is a winning option for credit unions in today’s mortgage environment. Learn how three different shops meet members’ needs.

Manufactured home loans can provide members access to affordable housing, including those in rural areas. Two credit unions share how they approach the niche product.

After a prolonged slowdown, signs of life are returning to mortgage lending. Growth is uneven, with first-time buyers and shifting rate dynamics driving activity in select segments.

The Michigan cooperative keeps everyday payments working and members happy by using a common friction point to build brand loyalty.

How a former Sam’s Club finance leader adapted his member-first mindset to a not-for-profit credit union.

How a novel role instills SchoolsFirst FCU’s future leaders with an appreciation for its past.

Arriba Advisors co-founder Tom Russell explores how credit unions can bridge the gap between a growth mindset and their technical reality.