Credit unions posted record revenue in the third quarter thanks to large gains in loan and investment income, yet asset quality worsened as the industry braced for interest rate cuts.
The crisis is still unfolding, but the latest high-profile bank failure has plenty of takeaways for credit unions around asset management, net worth, communication, and more.
A focus on reining in costs and changing organizational culture have transformed the Ohio-based institution.
Credit union success on the balance sheet and income statement in the third quarter is creating new opportunities for future impact.
The lasting effects of the COVID-19 pandemic — and the national economic response to it — linger on credit union financial statements.
Credit unions in the West reported the largest decline in ROA. See what else has happened across the United States.
Concerned with cooperative values and not stock prices, credit unions have sacrificed short-term earnings to bolster reserves and give members a break on fees.
Credit unions report improved earnings following 2018 rate cuts. However, increased expenses put downward pressure on margins.
The team at GTE FCU managed the credit union through home prices declines and high unemployment.
Five can’t-miss data points featured this week on CreditUnions.com.
The first full day of the Governmental Affairs Conference included a frank assessment of threats to the credit union tax status, news about the future of NCUA, and more.
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.
Planning to attend GAC? Check out Callahan’s guide to some of DC’s best eateries, attractions, and more — all near the conference!
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.