Interest Margins Are Up. ROA Is Not.
Rising interest rates helped credit unions boost margins in 2023; however, increased provisions ate into ROA.
Rising interest rates helped credit unions boost margins in 2023; however, increased provisions ate into ROA.
Following years of elevated output, lending returned to historic norms in 2023.
One year into its analytics journey, data drivers and dashboard designers are helping the Sunshine State cooperative tackle business better.
What might performance in 2023 mean for 2024?
Loans sourced from third parties helped credit unions make up for plummeting originations and foot traffic during the COVID-19 pandemic, but the strategy has presented increased risk.
The credit union jettisoned an outsourcing arrangement and hired more than 20 call center employees to unify retail and direct banking under a single member experience.
This “recovering CFO” is embracing her new role of chief strategy and growth officer to help Blue FCU build on its blueprint for 2030.
A side-by-side look at the nationwide branch footprints of credit unions versus banks.
In uncertain times, credit unions that know their North Star are poised for success.
From liquidity challenges to slowdowns in lending, new regulations and more, credit unions embraced uncertainty this year.
With a leadership change imminent, leaders from across the industry offer their hopes and wish lists for the next chair.
For some members of Tongass FCU, the nearest branch can be a plane ride away. Local “microsites” have improved service for those remote locations.
Wings Financial’s member-focused approach to lending helps it tackle high mortgage rates.
The IC Federal Credit Union chief reflects on how decades spent outside of financial services have shaped his approach to credit union leadership.
The Boost Center by Blue combines the work of local non-profits and Blue FCU to promote health, wealth, and happiness.
Tax season is just around the corner, and two low-income credit unions are gearing up their tax-preparation services.
Indiana-based Public Service launched ITMs as part of a broader pivot to deepen member service.
Learn how innovative document-sharing solutions can streamline compliance and foster member trust.
An executive in charge of communications and change management aligns people and purpose to create lasting organizational impact.
Look beyond the headlines to better understand what is driving current market trends and how they could impact your credit union’s investment portfolio.
Find Your Purpose, Find Your Path