Sell Mortgages. Reap Non-Interest Income.
How Members 1st Federal Credit Union sells mortgages and makes itself more efficient.
How Members 1st Federal Credit Union sells mortgages and makes itself more efficient.
Credit unions are implementing purchase card, or p-card, programs to streamline payables, manage cash, and earn on their spending.
With net interest margin at its lowest level in recent history, credit unions will need greater focus on expense control to overcome the earnings squeeze.
Because privacy concerns are important to credit union members, Power 1 Credit Union Senior Vice President of eBusiness and Communication Brian Warfel said the CU approached its email marketing program very carefully.
Planning ahead both retains talent and eases the transition when a talented manager leaves.
Spring is an excellent time to assess efficiency and clean up clutter to make way for new products and measures.
A monthly fee at CommonWealth One FCU has helped the credit union encourage higher checking account balances and close inactive accounts.
The Illinois credit union has increased its indirect RV portfolio by an average of $20 million each month.
Georgetown University’s student-run credit union is cognizant of the duration of its investments and has developed strong cash positions.
Veridian Group, a subsidiary of Veridian Credit Union, aggressively investigates viable products.

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.