How One Credit Union Is Combatting The Lock-In Effect
Wings Credit Union unlocked opportunity in its mortgage portfolio by drawing in members with a desirable rate and a few other perks.
Wings Credit Union unlocked opportunity in its mortgage portfolio by drawing in members with a desirable rate and a few other perks.
Interest rates and inflation meet member budgetary challenges, but this Ohio credit union has a plan for that.
Some underwriting and belt-tightening, staffing and product changes are part of the response as swiftly rising rates roil the housing market.
Supply still lags demand but price hikes are slowing, and a lot has changed in the past 15 years.
When it comes to building the auto portfolio, BHCU and Seasons FCU take different directions but arrive at the same destination.
Home equity loans for remodeling can help fill the mortgage lending pipeline as the refinancing boom begins to fizzle.
Low interest rates have ignited interest in refinances. At Star One, mortgage modifications build member loyalty.
The financial constraints credit unions faced in 2020 provide insights for how to move forward in the coming year.
Timely strategies for increasing your lending opportunities (while delivering exceptional member service) during and after the pandemic.
One Idaho cooperative stands out in a rural market dominated by credit unions with a new package of home loans that serve educators and first responders.
With the Fed poised to continue cutting interest rates, the near-term outlook for the credit union earnings model is much more promising.
After adjusting to a new normal following a slew of rate increases, repricing opportunities could be on the horizon.
The latest quarterly performance metrics from across the credit union industry, including loan growth, income and expenses, and more.
Higher interest rates have forced members to pick and choose which debts to repay and which to postpone, which doesn’t fare well for revolving products.
Each year, Affinity Plus takes an ice-cold dive to make a big impact in the community.
Look beyond the headlines to discover the driving forces behind market trends and consider how they impact a credit union’s investment portfolio.
Leaders share how grant funding has supported members on the fringes of financial ruin while underpinning credit union growth.
CDFIs offer loans, investments, and financial education to individuals and businesses that might not have access to traditional banking services. Learn more about these financial first responders.
As the nation’s largest community development credit union, Suncoast is a force for development, collaboration, and innovation.
From focus groups to influencer marketing, two credit unions share why advisory boards are a valuable tool for any credit union.