Credit Unions Are Besting The Competition On Delinquency
Late payments are on the rise across the nation, but delinquency at credit unions is nearly half the national average.
A picture is worth 1,000 words. You have to see it to believe it. Numbers don’t lie. If you’re tired of these worn-out cliches and are looking for data with some original thought behind it, then check out the CreditUnions.com Graphic Of The Week, compliments of Callahan industry analysts.
Late payments are on the rise across the nation, but delinquency at credit unions is nearly half the national average.
The gap between expenses and revenue is narrowing as revenue growth begins to catch up with operating expense growth.
Tighter budgets and higher prices for consumer goods caused members to overdraft their accounts more frequently in the third quarter of 2022.
Sustained increases to the federal funds rate have driven credit unions to keep more loans on the books for longer
A report from the Federal Reserve finds cash payments have stayed consistent in recent years, but households of modest means are less likely to use other payment methods.
The industry is facing a challenge as it looks for ways to fund record loan demand.
A Callahan & Associates survey of cooperatives across the asset spectrum reveals an emphasis on recruitment and retention as well as institutional culture.
The big three hold roughly half of the industry’s market share, but some smaller players are making gains.
Increases in the federal funds rate normally have a negative effect on the loan-to-share ratio, but things were different in the third quarter.
A confluence of major factors have resulted in some of the weakest share growth in several years.
Late payments are on the rise across the nation, but delinquency at credit unions is nearly half the national average.
The gap between expenses and revenue is narrowing as revenue growth begins to catch up with operating expense growth.
Tighter budgets and higher prices for consumer goods caused members to overdraft their accounts more frequently in the third quarter of 2022.
Sustained increases to the federal funds rate have driven credit unions to keep more loans on the books for longer
A report from the Federal Reserve finds cash payments have stayed consistent in recent years, but households of modest means are less likely to use other payment methods.
The industry is facing a challenge as it looks for ways to fund record loan demand.
A Callahan & Associates survey of cooperatives across the asset spectrum reveals an emphasis on recruitment and retention as well as institutional culture.
The big three hold roughly half of the industry’s market share, but some smaller players are making gains.
Increases in the federal funds rate normally have a negative effect on the loan-to-share ratio, but things were different in the third quarter.
A confluence of major factors have resulted in some of the weakest share growth in several years.
Late payments are on the rise across the nation, but delinquency at credit unions is nearly half the national average.
The gap between expenses and revenue is narrowing as revenue growth begins to catch up with operating expense growth.
Tighter budgets and higher prices for consumer goods caused members to overdraft their accounts more frequently in the third quarter of 2022.
Sustained increases to the federal funds rate have driven credit unions to keep more loans on the books for longer
A report from the Federal Reserve finds cash payments have stayed consistent in recent years, but households of modest means are less likely to use other payment methods.
The industry is facing a challenge as it looks for ways to fund record loan demand.
A Callahan & Associates survey of cooperatives across the asset spectrum reveals an emphasis on recruitment and retention as well as institutional culture.
The big three hold roughly half of the industry’s market share, but some smaller players are making gains.
Increases in the federal funds rate normally have a negative effect on the loan-to-share ratio, but things were different in the third quarter.
A confluence of major factors have resulted in some of the weakest share growth in several years.