Growth

Not All Negative – Northeast Credit Union Sees Record Growth

At the end of 2008 Northeast Credit Union ($643M in Portsmouth, NH) posted 29.8% loan growth, 19.6% share growth and 20.5% member growth. A conversation with their President and CEO, Peter Kavalauskas, revealed the dedication to the cooperative’s success through new initiatives, solid execution, and an excellent market.

Read More »

The Best Way to Grow Members in 2009

Bank mergers and acquisitions, both large and small, provide a crucial opportunity for increasing membership and deposits in credit unions, as typically twenty percent of the disappearing bank’s deposits will change financial institutions within a year.

Read More »

These are Not Statistics; These are Our Members

GTE FCU was founded in 1935 as the credit union for the Peninsular Telephone Company. Headquartered in Tampa, GTE FCU is now the fourth largest credit union in Florida and with more than $2.1 billion in assets one of the largest 60 credit unions in the country. Unfortunately, Tampa was one of the first areas hit with the “credit crisis,” trouble in housing arriving in 2007.

Read More »
Industry Insights

4 Income Highlights For First Quarter 2016

With a few weeks to go before the NCUA officially releases first quarter data, early numbers reveal four notable highlights for total income, income composition, ...
Features

Holding to a Solid Strategy

Legacy FCU in Birmingham aggressively began positioning itself in the marketplace several years ago and now is reaping rewards.
Features

A Tipping Point in 2010

North Island Credit Union put in place a rigorous cost-cutting regime as soon as the economic crisis hit.
Features

Not All Negative – Northeast Credit Union Sees Record Growth

At the end of 2008 Northeast Credit Union ($643M in Portsmouth, NH) posted 29.8% loan growth, 19.6% share growth and 20.5% member growth. A conversation ...
Features

The Best Way to Grow Members in 2009

Bank mergers and acquisitions, both large and small, provide a crucial opportunity for increasing membership and deposits in credit unions, as typically twenty percent of ...
Features

Looking Bad With a One-Time Hit

In the short-term, Mountain America's ROA plunges but the merger that caused it looks like a long-term winner.
Features

These are Not Statistics; These are Our Members

GTE FCU was founded in 1935 as the credit union for the Peninsular Telephone Company. Headquartered in Tampa, GTE FCU is now the fourth largest ...
Features

Good Loans for Students = Good Business for Members 1st FCU

Members 1st FCU finds early success with recent launch of private student lending solution.
Features

Eagle FCU’s Triple Win: Growth, Community, Strong SEG Relationship

One Louisiana credit union turned challenges into opportunities and reports member growth over four times the industry average and loan growth over fifteen percent.
Features

Housing Bubble Affecting National Savings Rate

Americans are now collectively a nation of spenders, not savers. Learn how First Entertainment Credit Union has bucked this trend and grown shares.

Is Revenge Savings A Fad? Or A Financial Shift?

After years of post-pandemic splurges for the well-to-do and inflationary pain for the less well off, more Americans are shifting to a discipline of saving. Here’s what that means for members and how credit unions can turn the trend into opportunity.

Read More »
CreditUnions.com
Scroll to Top