U.S. Treasury investment and updated rules from the National Credit Union Administration have resulted in a massive jump in the number of credit unions issuing subordinated debt and the overall dollar amount.
Credit unions have seen an almost 8% rise in loans and investments to credit union service organizations since the start of the pandemic.
Institutions designated to serve low-income memberships – shops that may be more reliant on fee revenue than others – are seeing those funds fall at a faster rate than non-LICUs.
Income from mortgage originations and servicing were down from one year ago following slowdowns in sales and refinancing.
After a decline in consumer spending during the pandemic, the end of government relief programs has contributed to an increase in credit card usage – and a rise in delinquencies.
Consumers are taking to fintech at a rapid pace, according to a recent study, with those age 56 and older representing the fastest-growing user demographic.
After two years of swings, first-quarter return on assets at credit unions was back in line with where things stood before COVID-19 upended the economic environment.
First mortgage originations at credit unions have risen substantially in the last decade, a period in which median home values have nearly doubled.
Strong loan growth combined with increased investment and fee income helped propel credit union net income during the first quarter.
Despite all the challenges associated with buying a car right now, more consumers than ever are turning to credit unions for auto loans.
Having weathered a difficult five years, U.S households have modestly improved their financial situation in the short term; their long-term prognosis is murkier.
Third quarter performance data is a reminder that credit unions perform best when conditions are hardest.
From cross-cooperative collaboration to well-timed relief products and services, credit unions are lightening the holiday budget burden.
Amid a turbulent financial landscape, credit unions across the country stepped in with lending, grants, and community partnerships to support small businesses and entrepreneurs.
The Arizona-based credit union has revamped its approach to financial education and community partnerships to better serve the needs of its market.
Look beyond the headlines to better understand what is driving current market trends and how they could impact credit union investment portfolios.
A pair of CDFI grants allowed the Florida-based credit union to help members restart their lives on the island or relocate to the United States.
From the boardroom to the branch floor, credit union leaders share thoughts on being different, embracing challenges, keeping mission top of mind, and more.
The right people in the right positions can make a meaningful difference in driving success and exploring opportunities.
The editorial team at Callahan & Associates weighs in on stories that defined 2025 through actionable strategies, meaningful insights, and perspectives that continue to influence the cooperative movement.