The regulator’s Community Development Revolving Loan Fund distributed $3.8 million in grant funding last year, benefitting more than 140 credit unions.
Technology partnerships offer a path to innovation and enhanced member service.
Six data points showcase what’s happening in the larger economy that could direct credit union decision-making for the rest of the year.
Discover what the future of finance holds at TruStage Discovery2024, the credit union industry’s largest virtual conference.
Rising expenses and inefficiencies are contributing to declining returns for the industry.
Credit unions are shuffling staff and reimagining operations to make up for a slowdown in home lending.
The Michigan cooperative is focusing on people as much as process to prepare employees for new products, policies, and more.
Five specialists embedded across various departments spot opportunities to improve workflow and the member experience.
Use cases of AI in financial services are still limited, but UFCU is showing how new technology can alleviate pain points and reduce friction.
The Lombardi Trophy is once again up for grabs, and credit union data can help determine this year’s Super Bowl winner.
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.