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.
Sixty-five percent of members report trust as the reason they chose a credit union. Now, they’ll count on their credit union for help during challenging times.
Identifying patterns and trends is key to translating information into improved operational efficiencies and more engaging member services.
Matthew Reidy helps Sandia Laboratory FCU leverage the power of data to increase innovation and member value.
Tips to demystify data analytics and set credit union leaders on a course for stronger member insights.
Financial institutions have a wealth of data available to generate insights to inform difficult decisions about how to adapt and thrive in real time.
Ami Iceman Haueter takes on a new C-level role and a merged division to drive digital innovation at MSUFCU.
Automated dashboards and scorecards uncover actionable insights decision-makers can use in real-time.
Tighter budgets and higher prices for consumer goods caused members to overdraft their accounts more frequently in the third quarter of 2022.
In this webinar, Richard Sowell, Coastal Credit Union’s VP of Reporting & Analytics, and Aaron Grossman, AdvantEdge Digital’s Solution Sales Consultant, share how Coastal Credit Union achieved several wins that generated substantial momentum for the future while also supporting its data strategy.
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.