STCU’s business and commercial services department is working to provide a full relationship that takes into account deposits and other needs as much as loan balances.
These credit unions rallied around the needs of members to uncover hidden potential in the loan portfolio.
Five ways credit unions are making it easier for members to conduct their financial business and live their lives.
Five ways to serve members by providing the credit they need, when they need it.
New programs at Purdue Federal ensure relationships with business members transcend the transaction.
The Michigan credit union treats microloan borrowers as people, not corporations, and links up with local and state economic developers to go beyond lending.
The Michigan credit union relies on experience and commitment to help small- business owners achieve their dreams.
One New York credit union nurtures startups and established businesses in the nation’s most competitive city.
Job fairs, management training programs, and loan relief benefit local employment rates.
A monthly collection of Callahan content that, together, addresses a single topic from a variety of perspectives.
Alltru FCU stopped treating education as the end goal. Now, financial empowerment guides product design, access, and risk decisions.
More than 50 million U.S. households earn less than the minimum average income needed to cover basic costs of living.
Automatic enrollment and community partnerships help the credit union foundation expand access to early savings for underserved families.
Studies show credit card debt and Buy Now, Pay Later usage continue to rise. Bigger increases could be around the corner.
The credit union completed a three acre headquarters campus in 2021 that offers 52% more space while consuming a fraction of the resources. It’s a model of how cooperatives can lead on sustainability without sacrificing performance.
CDFI credit unions might be fewer in number, but their impact reaches millions of members, and their footprint highlights how targeted mission can translate into broad, measurable reach.
Preventable fraud losses quietly erode credit union margins. The difference between a 25% and 6% loss rate isn’t risk. It’s execution.
Holy Rosary Credit Union has embedded itself into a local high school’s career and technical education program, offering scholarships, internships, and courses eligible for college credit.
Credit union leaders want to know where peers are placing their focus. These six priorities reflect how leadership teams are responding to change with intention and clarity.
As margin support begins to fade, earnings performance is becoming more sensitive to revenue mix and harder to interpret through public reporting alone.