4 minute read – The competition for talent has been raging for the past few years. While it seemed to come to a head after the pandemic, the demographic underpinnings have been at play for decades. As teams work to meet today’s talent challenges, approaching the situation as if it’s permanent can recast the […]
Today’s buyers shop differently than in the past. As the first generation of digital natives comes of age and begins to seek loans in earnest, research shows that they go about the buying process differently than previous generations, doing more research and getting more recommendations before interacting with sales people. The Zillow Group Report on […]
Would you be surprised by who is actually borrowing from your credit union, or applying for loans? A recent article in the Wall Street Journal (WSJ) noted the growing trend of baby boomers moving into their retirement years completely unprepared from a financial perspective. The article states that “people in the U.S. ages 65 to […]
As time marches on, we find Millennials coming into their most financially productive years, and they need financial services. In 2010, Gen Y made up only 17% of vehicle sales. Five years later, that number has grown to 28% of sales, while Baby Boomers and Gen X have flatlined or fallen back (according to J.D. […]
In February 2009, we published a c. notes article titled, Liquidity: 9 “What-Ifs” Worth Exploring. Even though liquidity is not a concern now for many credit unions, events outside of their control could quickly make it a serious issue. The article encourages credit unions to answer key valid questions to help prepare them for the […]
