5 Takeaways From Trendwatch 3Q 2023
Credit union performance in the third quarter echoed that of the second, with continued tightening of liquidity, diminishing ROA, and deteriorating asset quality.
Credit union performance in the third quarter echoed that of the second, with continued tightening of liquidity, diminishing ROA, and deteriorating asset quality.
The Michigan-based cooperative is finalizing its acquisition of a community bank with West Palm Beach locations.
Designations focused on serving members of modest means can lead to vastly different financial outcomes for credit unions.
A new solution allows credit unions to reach young, motivated, prospective members, and offers cash rewards to members for positive financial behavior, including increasing savings and paying off debt.
The Illinois-based cooperative built its business around meeting the needs of some of Americas most admired companies. Deep relationships, diverse products, and a focus on financial wellbeing have helped BCU grow into one of the nation’s largest credit unions.
Credit unions added high-yielding loans to their balance sheets during the second quarter; however, higher funding costs offset some of these gains.
Senior leaders across multiple credit unions talk about how their organizations are tackling the explosive new iteration of artificial intelligence.
Credit union members are more willing to pull out their plastic post-pandemic, but the industry can still gain ground with wallet share.
TAPCO Credit Union boosted loan volumes with a campaign that put a new spin on a not-safe-for-work expression.
Inflation has eased, but rebuilding a cushion of savings has proven difficult for many Americans.
A substantial portion of the industry is built around serving federal government employees. With federal jobs potentially in jeopardy, credit unions are preparing diverse responses.
The Michigan cooperative is turning data-driven decision-making into the standard operating procedure.
Experts from across the industry discuss their biggest analytics wins, lessons learned, and strategies for smarter data use.
The Illinois-based credit union has used analytics, AI, and more old-fashioned methods to keep members and deepen relationships.
Diverse job titles and responsibilities are helping leading institutions leverage data to make better decisions.
Credit union across the country are ensuring local prosperity through initiatives that drive lasting economic impact.
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With premiums rising and some consumers letting coverage lapse, auto insurance is increasingly both a value add and a vital member service.
Discover how leveraging technology can streamline your lending processes, enhance member satisfaction, and drive growth in a challenging economic landscape.
Recent data shows the cost of auto insurance has dramatically outpaced car prices in the last two decades.