Macroeconomic Indicators To Watch In 2024
Six data points showcase what’s happening in the larger economy that could direct credit union decision-making for the rest of the year.
Six data points showcase what’s happening in the larger economy that could direct credit union decision-making for the rest of the year.
The Federal Reserve is projected to cut rates several times in 2024; however, soaring prices and dwindling savings still leave Americans with little incentive to make a big purchase.
Asset quality, liquidity, and revenue are all on the minds of credit union leaders. Here’s what the data has to say about that and more.
New stores of federal funding are now available to help credit unions cultivate a growing business in solar and more.
Following years of elevated output, lending returned to historic norms in 2023.
Interest rates and inflation meet member budgetary challenges, but this Ohio credit union has a plan for that.
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.
Vendors break down the problems they solve and highlight what makes them stand out in a crowded industry.
Credit union performance in the third quarter echoed that of the second, with continued tightening of liquidity, diminishing ROA, and deteriorating asset quality.
A shift toward technology-driven business models can help credit unions streamline operations, enhance member experience, and maintain competitiveness.
A data-based look at how credit union performance in Missouri and Pennsylvania could mirror the outcome of this year’s Super Bowl.
Callahan & Associates provides an early look at quarterly performance results. Sneak a peek at the latest trends here.
Heritage Family Credit Union launches a low-rate lending program to increase the availability of area affordable housing.
Test your knowledge of credit union lending trends in this consumer behavior pop quiz.
Lake Trust Credit Union is driving statewide entrepreneurial spirit with a loan program that has provided more than $22 million in funding.
Credit unions must optimize their rewards programs to attract consumers willing to bank with any FI that meets their credit card needs.
Credit unions can leverage past successes and harness existing strengths to expand into member business lending.
Innovative solutions offer credit union auto lending programs flexible payment options, reduced financial risks, and strengthened member relationships
For more than five years, a second-chance auto loan program has helped credit- and income-challenged members buy a car, even when they don’t qualify via traditional underwriting.
Today’s financial landscape demands strategic adjustments and innovative solutions to navigate these turbulent times.