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Rate locks and staffing boosts are two ways credit unions are pushing through mortgage applications in today’s ultra-low rate environment.
Cooperatives from coast to coast are boosting PLL and collections while continuing member outreach.
When the coronavirus pandemic created economic hardship for Atlanta contract workers, the city turned to a local credit union to disburse tax-free funds and bridge the income gap.
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Georgia’s Own Credit Union was months away from finalizing a merger when the coronavirus pandemic hit. Rather than hitting pause, the credit union devised a plan to forge ahead.
A pandemic response brought the Texas cooperative to a new level of teamwork and learning.
Responding to the pandemic is helping this Evergreen State cooperative test its appetite for risk and its ability to adapt.
Masks in hand, one of New York’s largest credit unions is now in a phased reopening process.
The Michigan credit union shuffled its lending deck as member loan activity demanded.
Credit unions have the opportunity of a lifetime to be part of the solution that helps members and communities get back on their feet.
The Minnesota credit union shifted 45 consumer lenders and others with loan experience to help the cooperative meet a flurry of mortgage activity.