As Trucks Drive Auto Sales, Watch For Signs Of Delinquency
Protecting consumers and lenders alike takes on new urgency as sticker prices surge and loan terms lengthen.
Protecting consumers and lenders alike takes on new urgency as sticker prices surge and loan terms lengthen.
The economic landscape looks much different today than it did 10 years ago. How have credit unions navigated the changes in the larger economy?
Auto market share and penetration rates increased at U.S. credit unions in the third quarter of 2018 even as indirect lending growth slowed.
Total loans at U.S. credit unions increased 9.5% in the third quarter of 2018 and reached an all-time high.
Credit card balances were up 8.4% annually to $59.9 billion as of Sept. 30, 2018.
Lending is strong, asset quality is, too, as third quarter performance data rolls in.
Total loans at U.S. credit unions increased by 9.7% in the second quarter of 2018 and reached an all-time high.
Five can’t-miss data points this week on CreditUnions.com.
Asset quality is stronger than one year ago as 2018 shapes up to be the best year for delinquency since the Great Recession.
Balances as well as delinquencies for credit union credit cards were on the rise in the first quarter of the year.

Industry leaders share how they approach fintech investment, balancing immediate needs with longer-term bets while keeping member value and mission at the center.

Credit unions that enable seamless movement between fiat and digital assets position themselves as a trusted on- and off-ramp.

The credit unions that win the next generation will be the ones that showed up early, when young members were forming habits and deciding whom to trust.

The challenge is no longer whether to adopt AI, but how to adopt it responsibly with the right governance, the right partners, and the right balance between technology and human oversight.

McKinsey projects trillions of dollars in growth across digital assets, with money movement emerging as one of the biggest opportunities.

The Indiana cooperative blends internal development with selective partnerships to meet members’ needs today now while positioning for what’s next.

The San Diego cooperative leans on its CUSO and the CURQL network to make fintech investments, but member needs still guide which solutions ultimately make it into the credit union’s operations.

Hands-on work with artificial intelligence tools is future-proofing staff members, giving them the confidence to adopt new technology and embrace efficiencies.

Wages briefly caught up with inflation, but rising costs have pushed them back into negative territory. Here’s what that shift means for member finances and credit union performance.

Suncoast Credit Union balances near-term needs with longer-term bets, applying discipline to timing, valuation, and fit to decide when to invest and when to walk away.