Leaders Of The Pack: The Top 20 Cores For Credit Unions
Competition is lively among the ranks of leading core processing platform providers.
Competition is lively among the ranks of leading core processing platform providers.
The ability to expand existing member relationships is a strong foundation for any growth strategy.
Expanding electronic services is another way credit unions provide more convenience and value for their members. Which institutions lead the way in online banking usage?
Since year-end 2017, credit unions have gone from financing 19.7% of auto loans on the market to 20.5%.
Cash and investments at credit unions was down at year-end 2018 as credit unions reallocated funds to fulfill loan demand.
Commercial loans comprised 6.9% of the total lending portfolio at U.S. credit unions, an increase of 19 basis points from the same time last year.
Loan origination growth outpaced employee growth, pushing originations per employee $16,000 higher than one year ago.
Delinquency in this portfolio remains the highest for any major credit union loan product.
First mortgages added $36.3 billion to the total loan portfolio in 2018.
Credit unions reaped the benefits of upward rate movement and the associated repricing benefits for new loan originations in 2018.
Competition is lively among the ranks of leading core processing platform providers.
The ability to expand existing member relationships is a strong foundation for any growth strategy.
Expanding electronic services is another way credit unions provide more convenience and value for their members. Which institutions lead the way in online banking usage?
Since year-end 2017, credit unions have gone from financing 19.7% of auto loans on the market to 20.5%.
Cash and investments at credit unions was down at year-end 2018 as credit unions reallocated funds to fulfill loan demand.
Commercial loans comprised 6.9% of the total lending portfolio at U.S. credit unions, an increase of 19 basis points from the same time last year.
Loan origination growth outpaced employee growth, pushing originations per employee $16,000 higher than one year ago.
Delinquency in this portfolio remains the highest for any major credit union loan product.
First mortgages added $36.3 billion to the total loan portfolio in 2018.
Credit unions reaped the benefits of upward rate movement and the associated repricing benefits for new loan originations in 2018.