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ARTICLES BY Aman Johal

By Aman Johal | Aug. 11, 2021

At second quarter, credit unions continue to guide the financial lives of their members as together they recover from the effects of the COVID-19 pandemic.

By Aman Johal | April 19, 2021

Credit union earnings rebounded toward the end of the year as industry players find a way to adapt their business models to a changing economic landscape.

By Aman Johal | March 1, 2021

From lending to waiving fees, stopping repossessions to halting payments, here’s how credit unions across the country stepped up to support members.

By Aman Johal | Jan. 26, 2021

The financial constraints credit unions faced in 2020 provide insights for how to move forward in the coming year.

By Aman Johal | Dec. 28, 2020

Credit unions report a continued influx in shares as members seek the safety of deposit accounts.

By Aman Johal | Dec. 21, 2020

Declines in consumer loan demand and a continued pullback from indirect lending programs have resulted in a deceleration of auto loan growth, particularly in new auto loans.

By Aman Johal | Sept. 30, 2020

As the economic ramifications of COVID-19 swept through the country, the personal savings rate hit an all-time high as consumers moved their savings into deposit accounts.

By Aman Johal | Sept. 30, 2020

The Federal Reserve kept interest rates at record lows throughout the second quarter, and the economic uncertainty wrought by COVID-19 supported record inflows at financial institutions.Consequently, credit union investment portfolios reported strong growth

By Aman Johal | Sept. 30, 2020

Due to economic lockdowns and government relief efforts, in the second quarter financial institutions had to develop creative strategies to generate revenue.

By Aman Johal | Sept. 30, 2020

Unemployment soared to its highest level in more than 70 years, but the credit union industry managed to hold onto their staff members and add to their ranks in second quarter.