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.
Auto inflation has slowed since its second quarter peak but remains significantly higher than historical levels.
Record inflation has contributed to a surge in credit card spending, reversing a trend noted early in the pandemic.
If history is a guide, the average yield on loans will take time to adjust to the sharp increases in the federal funds rate.
A map of the United States shows where credit unions dominate in different areas of the loan portfolio.
In honor of International Credit Union Day, a look at how credit union dividends have shifted over time and why a rebound might be just around the corner.
High inflation and low unemployment are clashing, resulting in economic pessimism that hasn’t been seen in more than a decade.
Industry leaders share how they approach fintech investment, balancing immediate needs with longer-term bets while keeping member value and mission at the center.
Credit unions that enable seamless movement between fiat and digital assets position themselves as a trusted on- and off-ramp.
The credit unions that win the next generation will be the ones that showed up early, when young members were forming habits and deciding whom to trust.
The challenge is no longer whether to adopt AI, but how to adopt it responsibly with the right governance, the right partners, and the right balance between technology and human oversight.
McKinsey projects trillions of dollars in growth across digital assets, with money movement emerging as one of the biggest opportunities.
The Indiana cooperative blends internal development with selective partnerships to meet members’ needs today now while positioning for what’s next.
The San Diego cooperative leans on its CUSO and the CURQL network to make fintech investments, but member needs still guide which solutions ultimately make it into the credit union’s operations.
Hands-on work with artificial intelligence tools is future-proofing staff members, giving them the confidence to adopt new technology and embrace efficiencies.
Wages briefly caught up with inflation, but rising costs have pushed them back into negative territory. Here’s what that shift means for member finances and credit union performance.
Suncoast Credit Union balances near-term needs with longer-term bets, applying discipline to timing, valuation, and fit to decide when to invest and when to walk away.