3 Takeaways From The First Quarter Of 2021
The lasting effects of the COVID-19 pandemic — and the national economic response to it — linger on credit union financial statements.
The lasting effects of the COVID-19 pandemic — and the national economic response to it — linger on credit union financial statements.
Loan purchases and participations reached record levels at U.S. credit unions. Some credit unions sold loans to generate revenue or reduce risk; others purchased loans to boost ratios or yields. Learn more about what happened throughout the industry.
The financial constraints credit unions faced in 2020 provide insights for how to move forward in the coming year.
Spread analysis deconstructs credit union earnings to gauge the health of an institution and its broader industry.
Loan performance in 2020 might shed light on the future of credit union lending.
How did Buckeye State credit unions perform in second quarter?
Credit unions report improved earnings following 2018 rate cuts. However, increased expenses put downward pressure on margins.
In Arizona, first mortgage balances and share draft penetration hit decade-plus highs.
Earnings growth extended into the second quarter as cooperatives reported higher net interest income than operating expenses for the second consecutive period.
Credit unions reaped the benefits of upward rate movement and the associated repricing benefits for new loan originations in 2018.
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.