Industry Trends: Loans (3Q19)
Third quarter lending performance rebounds from a slow first half of the year.
Third quarter lending performance rebounds from a slow first half of the year.
Despite mixed signals to end the year, signs do point to a strong economy to begin 2020. What else should credit unions know at third quarter?
Four can’t-miss data points this week on CreditUnions.com.
Credit unions report improved earnings following 2018 rate cuts. However, increased expenses put downward pressure on margins.
Product penetration rates hit all-time highs in most major categories, as memberships and member relationships continue to rise.
As employee productivity rises industrywide, so, too, does compensation.
Third quarter deposit performance resulted in slightly eased liquidity pressures.
First mortgage origination growth tops 12% as refinancing opportunities fuel activity.
Despite slowing consumer demand across the country, auto loans remain big business for credit unions. However, this is a segment worth tracking in the months to come.
Real comments from online review sites to inform strategies, policies, and practices.

Look beyond the headlines to better understand what is driving current market trends and how they could impact credit union investment portfolios.

A rethink of closing costs, rate relief, and employer partnerships helped 7 17 Credit Union build an affordable housing mortgage program that works.

Where is mortgage growth coming from right now? This week, CreditUnions.com covers a mix of home equity campaigns, targeted affordability programs, and niche lending strategies that are bringing borrowers back into the market.

Home equity lending is a winning option for credit unions in today’s mortgage environment. Learn how three different shops meet members’ needs.

Manufactured home loans can provide members access to affordable housing, including those in rural areas. Two credit unions share how they approach the niche product.

After a prolonged slowdown, signs of life are returning to mortgage lending. Growth is uneven, with first-time buyers and shifting rate dynamics driving activity in select segments.

The Michigan cooperative keeps everyday payments working and members happy by using a common friction point to build brand loyalty.

How a former Sam’s Club finance leader adapted his member-first mindset to a not-for-profit credit union.

How a novel role instills SchoolsFirst FCU’s future leaders with an appreciation for its past.

Arriba Advisors co-founder Tom Russell explores how credit unions can bridge the gap between a growth mindset and their technical reality.