With market interest rates on the rise for the first time in nearly 15 years, comes a host of new considerations for the credit union industry. Among them is an understanding that many Interest Rate Risk (IRR) policy limits are in fact a moving target. Whether rates stay put, continue to increase, or possibly head […]
If you’re not already taking a closer look at the real estate lending side of your business, there are plenty of reasons to do so. Home shortages, rising rates, competition, and tax law changes are some of the forces at work that warrant a renewed look at mortgage lending. Many credit unions will find they […]
How does your credit union define success when it comes to growth? For some credit unions it might be asset growth, growth in loans, or growth in membership. If one of your credit union’s key strategic objectives is growing membership, having the business intelligence to understand where new members are coming from becomes important. This […]
Technology innovation is exciting! The newest technologies can change credit union business models, create a new customer experience, improve service, and reduce costs. Consumers have more choices for ways to conduct their financial transactions than ever before, and we are a culture that values choices. Leaders face questions about how to best utilize the credit […]