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.
It’s not enough to have a mission statement; to deliver results, a credit union’s purpose must meet four specific conditions.
Look beyond the headlines to discover the driving forces behind market trends and consider how they impact a credit union’s investment portfolio.
The loan-to-share ratio continued to increase, pushing credit unions to look to their investment portfolios for funding.
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.
Callahan’s annual core processors market share guide offers who’s who and what’s up among providers of the most critical of technology infrastructure.
The big three hold roughly half of the industry’s market share, but some smaller players are making gains.
As Super Bowl LX nears, the Callahan Bowl prediction model says the Seahawks will see green en route to the Lombardi Trophy.
Lending is evolving, and credit unions are adapting. This week, CreditUnions.com examines how shifting economic conditions are reshaping lending strategies.
Affordability pressures, extended loan terms, and shifting vehicle values are forcing institutions to look beyond familiar structures and reconsider how to balance risk and return.
Credit unions are uniquely well-positioned to guide members through uncertainty and fill essential funding gaps.
A closer look at the trade-offs of mandated lower credit card rates reveals a delicate balance between portfolio health and member access.
A handful of regional credit unions pair up with the GoWest Foundation to offer 100% financing for eligible borrowers.
Learn how to identify, track, and manage four commercial lending exceptions to reduce risk, strengthen compliance, and streamline operations.
Declining savings rates and rising financial pressure are reshaping why members borrow, pushing credit unions to rethink lending strategies.
How can credit unions stay true to their mission while evolving to meet modern needs?
Ultra-low rates might feel like a boost to affordability, but they can create unintended challenges that ripple through housing markets, lenders, and the members credit unions serve.
The Power Of Purpose Is In The Details