Payday Alternative Loans Hit New Highs In 2022
April 24, 2023
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Federally chartered credit unions originated more than $226 million in PALs last year, smashing the record set in 2019.
Graph Of The Week
Credit Union Hiring Outperforms National Trends
April 17, 2023
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Hiring slowed during the pandemic, but credit union employee growth beat the national average.
Will Tax Refunds Relieve Liquidity Fears?
April 10, 2023
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Tax refunds typically underpin share growth in the first quarter; this year, these deposits are especially welcome.
Where Do Credit Unions Stand With Uninsured Deposits?
April 3, 2023
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After dominating headlines following the collapse of Silicon Valley Bank, here’s a look at how uninsured shares are divided by asset class at credit unions.
‘Unbanked’ Rate Declines But Challenges Remain
March 20, 2023
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More consumers are entering the mainstream banking system, but more than a quarter of loan applicants say they aren’t getting the funds they need.
Borrowing Costs Pinch Credit Unions
March 7, 2023
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Line of credit usage increased just as the Federal Reserve began to hike interest rates, increasing the cost of borrowing for credit unions across the country.
Loan Growth Smashed Records In The Fourth Quarter
March 6, 2023
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Loan balances were up 20% year-over-year, surpassing the previous industry record.
Homebuyer Demographics Shift Again
February 27, 2023
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Americans are buying their first homes — and selling them — at the oldest average age on record.
Commercial Loans Are Up; Delinquencies Are Down
February 21, 2023
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Commercial real estate loans now comprise more than 90% of the total portfolio, but economic shifts could blunt their growth.
Loan Loss Provisions Jumped By Triple Digits
February 13, 2023
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Uncertainty surrounding the financial health of members pushed credit unions to set aside more money to cover loan losses in the fourth quarter.
Payday Alternative Loans Hit New Highs In 2022
Federally chartered credit unions originated more than $226 million in PALs last year, smashing the record set in 2019.
Credit Union Hiring Outperforms National Trends
Hiring slowed during the pandemic, but credit union employee growth beat the national average.
Will Tax Refunds Relieve Liquidity Fears?
Tax refunds typically underpin share growth in the first quarter; this year, these deposits are especially welcome.
Where Do Credit Unions Stand With Uninsured Deposits?
After dominating headlines following the collapse of Silicon Valley Bank, here's a look at how uninsured shares are divided by asset class at credit unions.
‘Unbanked’ Rate Declines But Challenges Remain
More consumers are entering the mainstream banking system, but more than a quarter of loan applicants say they aren’t getting the funds they need.
Borrowing Costs Pinch Credit Unions
Line of credit usage increased just as the Federal Reserve began to hike interest rates, increasing the cost of borrowing for credit unions across the ...
Loan Growth Smashed Records In The Fourth Quarter
Loan balances were up 20% year-over-year, surpassing the previous industry record.
Homebuyer Demographics Shift Again
Americans are buying their first homes — and selling them — at the oldest average age on record.
Commercial Loans Are Up; Delinquencies Are Down
Commercial real estate loans now comprise more than 90% of the total portfolio, but economic shifts could blunt their growth.
Loan Loss Provisions Jumped By Triple Digits
Uncertainty surrounding the financial health of members pushed credit unions to set aside more money to cover loan losses in the fourth quarter.
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How Patelco Credit Union Simplified Succession Planning
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5 Lessons About Ground-Level Intelligence From A Rooftop Farm
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A national leader in urban agriculture shows how front-line insights drive real local impact — and why credit union branches are perfectly positioned to do the same.