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In a challenging economy credit unions must choose loan products that efficiently maximize returns.
The Florida cooperative uses direct mail and digital techniques, plus a guarantee of 2 percentage points less than the member is paying now.
This Vermont cooperative is making life-changing auto loans to rescue borrowers who are underwater or burdened with high-interest debt of all kinds.
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Since year-end 2017, credit unions have gone from financing 19.7% of auto loans on the market to 20.5%.
Annual growth in auto loans was the fastest of any major loan product at U.S. credit unions. Dig deeper to learn why.
Based on May traffic (and our editorial instincts), here are the top articles and blogs that appeared on CreditUnions.com.
Innovations Federal Credit Union is a story of success and survival. Despite bearing the brunt of three disasters this past decade, the beach-based credit union has come out all the stronger for it.
Credit unions in Missouri turned out impressive auto loan penetration and overall asset quality.
Since 2013, Innovations FCU has worked to serve the full business services needs of its low-income membership. In the wake of Hurricane Michael, the need may be greater than ever.
Five can't-miss data points this week on CreditUnions.com.