Rising rates and perceived economic instability may be causing your members stress, but you can let them know that your credit union still has the power to encourage growth and prosperity. Utilizing data analytics, your credit union can glean strategic insights that will allow you to help your members and your community.
Key Takeaways:
Demonstrate your credit union’s safety and soundness under a wide range of economic outcomes
Mitigate credit risk by better understanding members’ credit journey
Target where to deploy your liquidity to maximize the value you’re providing to members
Understand where loan demand is headed in the short-, medium- and long-term
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