Admin
Auto Lending Trends: Chip Shortage Costs The Industry $210 Billion In 2021
Vehicle production continues to suffer in 2022 and experts predict effects to ripple into 2023 and beyond.
Remaining Competitive In A Banking Market Filled With Disruption
Sustainable success requires continuous reinvention, adaptation, and a willingness to innovate.
Industry Performance: Human Capital (4Q21)
March 28, 2022
Attracting top talent now involves competing with the whole country, not just the shop down the street, and cooperatives are doing what they can to ...
Industry Performance: Investments (4Q21)
March 28, 2022
Cooperatives are using cash to meet rebounding loan demand and invest in higher-yielding securities and investments.
Industry Performance: Auto (4Q21)
March 28, 2022
Vehicles are selling, but credit unions must consider the risks of financing less reliable used cars at all-time-high prices.
Industry Performance: Earnings (4Q21)
March 28, 2022
Low loan rates are attractive to members, and credit unions have managed to offset interest spread compression through controlling or deferring expenses
Industry Performance: Member Relationships (4Q21)
March 28, 2022
Inflation and international trade sanctions cast shadows over member spending behavior in the near future.
Industry Performance: Shares (4Q21)
March 28, 2022
Consumers spent at pre-pandemic levels through the second half of the year.
Industry Performance: Loans (4Q21)
March 28, 2022
Lenders reported a record year for originations in 2021 despite rising asset prices and rates increases, both of which were substantively driven by inflationary pressures. ...
Industry Performance: Mortgages (4Q21)
March 28, 2022
Larger average mortgage balances have offset the reduced pipeline, and credit unions are holding these loans on their balance sheets at greater rates.