Second quarter lending puts credit unions on the path to another record-breaking year. As of June 2016, three loan products accounted for more than 81% of the annual growth.
Total investments fell slightly as liquidity rose with share balances, following their usual pattern of posting the strongest growth in the first quarter of the year. What else happened in the first quarter of 2016?
Rogue Credit Union beats the market and its peer averages with an ownership savings account.
The Los Angeles-based credit union sees a bright future for its “non-punitive” insurance option.
Sure, credit unions are not-for-profit financial institutions, but that doesn’t mean they can exist without steady sources of income. See how credit unions are making money and deepening relationships this week on CreditUnions.com.
Overall delinquency is following the traditional cycle, but this year’s numbers might indicate a break in generally declining delinquency rates.
Bank of England cuts rates while the American traders chew on domestic numbers and the Fed waits for European picture to clear.
The regulator’s move may be first step of more relief to come.
The last week has been a tough one for the stock market. As the Dow continues to fall, individuals are feeling the pressure as their portfolios shrink, and many will be forced to adjust their spending habits.
BECU promises to actively serve people within their field of membership. But with only two brick and mortar branches, how are they fulfilling their commitment to over 300,000 members? In three words, the answer is: location, location, location. BECU didn’t reinvent the wheel in order to serve their members; they instead opened Express Service Centers in stores where their members already visit e
Lending is evolving, and credit unions are adapting. This week, CreditUnions.com examines how shifting economic conditions are reshaping lending strategies.
Affordability pressures, extended loan terms, and shifting vehicle values are forcing institutions to look beyond familiar structures and reconsider how to balance risk and return.
Credit unions are uniquely well-positioned to guide members through uncertainty and fill essential funding gaps.
A closer look at the trade-offs of mandated lower credit card rates reveals a delicate balance between portfolio health and member access.
A handful of regional credit unions pair up with the GoWest Foundation to offer 100% financing for eligible borrowers.
Learn how to identify, track, and manage four commercial lending exceptions to reduce risk, strengthen compliance, and streamline operations.
Declining savings rates and rising financial pressure are reshaping why members borrow, pushing credit unions to rethink lending strategies.
How can credit unions stay true to their mission while evolving to meet modern needs?
Ultra-low rates might feel like a boost to affordability, but they can create unintended challenges that ripple through housing markets, lenders, and the members credit unions serve.
The cost of manufactured homes has increased even faster than that of traditional houses. That can affect members’ ability to qualify for and repay those loans.
The Fed Abides: A Global Focus On The Bond Market