6 Reasons Credit Unions Are Selling Their Credit Card Portfolios
Market pressures and compliance challenges are just two variables pushing cooperatives to hand off their card operations.
Market pressures and compliance challenges are just two variables pushing cooperatives to hand off their card operations.
Credit union CFOs say the new standard has created clear processes and more collaboration between finance and lending, while adding even more work to an age-old process.
With “junk fees” in the crosshairs in Washington, Callahan takes a deep dive into how that revenue impacts the balance sheet and what the future could hold.
One year after implementation, there’s still work to be done when it comes to new rules around expected credit losses.
From liquidity challenges to slowdowns in lending, new regulations and more, credit unions embraced uncertainty this year.
The accounting standard concerning intent and ability was violated, and those charged with governance and oversight of the bank failed in their roles. All of these parties should be held accountable.
To ensure they are properly fulfilling their duties, credit union directors typically consult with a variety of stakeholders, but there’s one source of assistance directors might not have considered.
The Ohio cooperative has been working with vendors and testing new solutions to find the right fit for the new reporting standards.
Vendors break down the problems they solve and highlight what makes them stand out in a crowded industry.
Financial institutions have heard about the current expected credit loss accounting standard for years. It’s now time to act, and these steps will prepare your credit union for its first audit or examination.
From classrooms to credit unions, Brent Rempe’s approach as CEO at First Alliance Credit Union blends education, service, and purpose-driven leadership.
Resilient credit unions don’t just make plans — they build the muscle to bend, bounce back, and boldly adapt.
Credit union leaders bring Main Street realities to the Fed, proving that from housing to tariffs, advocacy starts with mission-driven voices at the table.
Americans are saving a historically low amount of money. Armed with that insight, credit unions can strengthen savings habits.
Strategic succession, board development, and CEO accountability are evolving. Learn how board governance can unlock competitive advantages in today’s shifting landscape.
Quarterly performance reports from Callahan & Associates highlight important metrics from across the credit union industry. Comparing top-level performance and digging into the financial statement has never been easier.
Unlock insights during Financial Performance Week on CreditUnions.com — data, analysis, and strategies to help credit union leaders interpret trends, manage balance sheets, and drive smarter growth.
Credit unions face rising costs from compensation and services — can they balance investment with efficiency to sustain member value?
As commercial real estate rebounds, credit unions face a choice: let operational bottlenecks slow deals, or leverage efficiency tools to capture market opportunities faster.
Member growth at U.S. credit unions is slowing, and credit unions are working to reignite growth, deepen engagement, and increase competitiveness amid shifting preferences and economic headwinds.
6 Reasons Credit Unions Are Selling Their Credit Card Portfolios