Credit Union Revenue Hits $89 Billion
Higher interest rates in 2023 underpinned an increase in total revenue, which hit a record high in the third quarter.
Higher interest rates in 2023 underpinned an increase in total revenue, which hit a record high in the third quarter.
ATMs cost hundreds of staff hours and thousands of dollars every year to operate.
As credit unions repriced their asset portfolios, higher loan and investment yields bolstered margins and revenue. However, stiff competition for liquidity increased the cost of funds.
The sports analysts at Callahan & Associates wrap up March Madness with predictions based on credit union performance data. Which team will reign supreme?
Credit unions are hosting more FTEs and paying them more than they were one year ago, in large part driven by an extremely competitive hiring environment.
Celebrate Earth Day with some recycled best practices featured previously on CreditUnions.com.
The lasting effects of the COVID-19 pandemic — and the national economic response to it — linger on credit union financial statements.
Credit union earnings rebounded toward the end of the year as industry players find a way to adapt their business models to a changing economic landscape.
Many Americans have been beefing up their savings during the COVID-19 lockdowns. Credit unions are putting those additional funds toward less fortunate members.
Through 2019, traditional retail delivery continued to develop as credit unions increased branch and employee counts. In 2020, as the novel coronavirus begins to impact operational strategies, credit unions may shift focus to remote support networks in an effort to offer sustained member value.
The mortgage lender’s latest ad isn’t just smart marketing; it’s a challenge to credit unions to step up their storytelling game and connect with members on a deeper, more emotional level.
To celebrate Mortgage Week, CreditUnions.com revisits a curated selection of strategic blueprints, marketing inspiration, and operational playbooks that deserve another moment in the spotlight.
A blended breakthrough at the Washington credit union is a smart solution for stuck borrowers.
From rent-to-income ratios to indexed pricing, credit unions can use housing data to better understand how costs affect financial wellbeing and lending risk at the ground level.
How credit unions can leverage mortgage lending to deepen member engagement and drive long-term growth.
New tools can reduce friction and improve the loan process, making life easier for borrowers and improving member loyalty.
PSECU doubles down on culture with an approach to recruitment and training that emphasizes growing talent as well as hiring it.
Internal NPS scores and employee experience surveys help the San Antonio cooperative measure worker sentiment.
Why institutions are turning to personal loans for yield and diversification.
With recession fears on the rise, industry leaders are hoping for the best but preparing for the worst.