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When it comes to building the auto portfolio, BHCU and Seasons FCU take different directions but arrive at the same destination.
AdvantEdge Digital gains traction in crowded marketplace by helping ensure member-owned cooperatives can do the same.
Scaling up is the easy part. MeridianLink’s Entry platform leads the way in scaling down the volume needed to deploy best-of-breed account opening and lending.
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Lenders that fail to meet the changing demands of their borrowers will be ill-equipped to compete for their business.
How pairing up with an online used car retailer has helped Digital Federal Credit Union serve members during social distancing, play to partner popularity, and update an old sales model.
Mortgage originations set a quarterly record while consumer lending rebounded in the fourth quarter of 2020. Further economic reopening brings optimism, but the industry must monitor pandemic-related declines in asset quality.
The financial constraints credit unions faced in 2020 provide insights for how to move forward in the coming year.
Loan performance in 2020 might shed light on the future of credit union lending.
Low interest rates and federal aid combined to create a surge in demand for home financing, as both refinances and purchases performed well in the second quarter.
Although the pandemic hindered consumer spending, some aspects of the credit union loan portfolio reported strong gains in the second quarter.