The Build Vs. Buy Decision For CECL Implementation
How credit unions can avoid “analysis paralysis” as January 2023 deadline draws near.
How credit unions can avoid “analysis paralysis” as January 2023 deadline draws near.
Here are some key points to consider about being qualitatively and quantitatively prepared for the new Current Expected Credit Loss (CECL) standards.
Collections strategies should consider the outsourcing of early stage delinquency to experience the cost savings and compliant expertise as the delinquency rate remains uncertain.
Mortgage originations set a quarterly record while consumer lending rebounded in the fourth quarter of 2020. Further economic reopening brings optimism, but the industry must monitor pandemic-related declines in asset quality.
Loan performance in 2020 might shed light on the future of credit union lending.
Member engagement is on the rise as credit unions build on post-recession membership surge.
If your credit union works with a third-party vendor for your collections efforts, you know how important it is to ensure your partners perform at an optimal level. These are the five standard reports that you should expect from your collections partner.
A monthly collection of Callahan content that, together, addresses a single topic from a variety of perspectives.
Credit unions reported the best delinquency rates since before the Great Recession. A deeper dive into the data shows which areas are performing the best.
Lending is the engine that powers credit unions, and these seven ratios will help every employee understand why.
The credit union integrates financial education with product opportunity to help young members build confidence and independence.
Boost loyalty with lifestyle checking accounts that offer perks like telehealth, ID protection, and travel discounts.
Language training at the Pacific Northwest credit union is laying the groundwork to better serve Spanish speakers in the region.
The seasoned CHRO shares insights about intention, inclusion, and more from State Farm to United Way to Community First Credit Union.
Look beyond the headlines to better understand what is driving current market trends and how they could impact your credit union’s investment portfolio.
With economic uncertainty on the horizon, credit union members are moving money into lower-term deposits and paying down debt, helping to boost margins and lower delinquency across the industry.
Callahan & Associates provides an early look at quarterly performance results. Sneak a peek at the latest trends here.
Leveraging cutting-edge technology, like AI automation and intelligent document processing, can streamline portfolio protection, minimize disruptions, and ensure accuracy.
A data-rich segmentation strategy and member personas have transformed everything from product design to branch operations at the Washington cooperative.