c. myblog

October 10, 2018

Money Markets are Walking Out the Door

Many credit unions are telling us that money markets are walking out the door. How concerned are you about this trend over the next 2 years? Let us know by taking our poll.

September 26, 2018

180-Second Exercise: Auto Subscription Plans Expected to Replace Leasing

Advancements in technology and easy access to mounds of data enable businesses to fuel consumers’ growing desires to have: Essentially on-demand access to experiences and “things” Little – to no – lasting commitment Frequent and easy access to micro-purchases This can open numerous doors for credit union decision-makers to evolve their thinking and mindsets on […]

July 25, 2018

HELOCS May Be Set To Take OFF – Is Your Credit Union Ready?

For the last 10 years it seems like the home equity line of credit (HELOC) has been a forgotten product for many credit unions and their members. As rates on fixed mortgages hovered at record low levels, and with home equity under pressure, the demand for variable rate HELOCs decreased for many institutions. However, that […]

June 26, 2018

Putting Member Rate Advantages Into Perspective

The environment is quickly changing and so are members’ savings alternatives. Technology has made it such that competition is no longer limited to the institution down the street. A simple online search reveals there are financial institutions all over the country with money market rates close to 2.00%: Source: Savings Accounts & Rates. Retrieved from […]

May 16, 2018

This is One Metric You Should Know

How many times per month do your members use mobile banking? Did you know that, when it comes to mobile app usage, banking apps are in the top 3? Only social media and weather apps are used more. Last month, Citi released the results of its 2018 Mobile Banking Study, which also revealed that 46 […]

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