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Credit unions are increasing their share of the shrinking mortgage market.
Overall mortgage originations declined last year across the United Sates for all financial institutions, yet credit unions carved out a larger piece of the lending pie.
Credit unions of all asset sizes are spending less to earn a dollar.
Strong consumer and real estate lending helped credit union loan originations set a record midyear high.
A 53% year-over-year increase in auto loans underpins strong lending performance at the Georgia credit union.
American consumers have regained their taste for cars, and credit unions are doing their part to become the lender of choice.
When done correctly, member onboarding can be an effective way to deepen financial relationships. These few simple steps can help any credit union better connect with its members.
Hard hit during the recession, the Sand States kickoff 2015 with a return to growth.
No credit bubble in sight at CU Direct’s Automotive Lending and Marketing Conference.
The strong growth in the auto portfolio drives gains in first quarter consumer lending for America’s credit unions.