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However, a member's good intention does cost the credit union money in the form of inactive, unprofitable accounts.\"</p>","<p>Davis said that Red Canoe CU, in Longview, Wash., has tried to look at its single-service households in a new light-one of opportunity.<br> As for acquiring new membership, the largest battle is \"generally reaching the right audience at the right time,\" Davis said.</p>"],"slides":[],"video":""},"articlePackages":[],"youmightlike":[{"uri":"/2024/05/08/jovia-financial-launches-commercial-lending-cuso/","title":"Jovia Financial Launches Commercial Lending CUSO","byline":"Natasha Chilingerian","prettyDate":"May 08, 2024","readtime":"3","image":{"uri":"https://images.cutimes.com/contrib/content/uploads/sites/413/2022/04/Commercial-Real-Estate-Deal-e1650470183440.jpeg","width":"620","height":"414"},"summary":"The CUSO serves small financial institutions nationwide, with exclusive services for those in the New York City Metro area."},{"uri":"/2024/05/08/credit-unions-still-gaining-in-consumer-loans/","title":"Credit Unions Still Gaining in Consumer Loans","byline":"Jim DuPlessis","prettyDate":"May 08, 2024","readtime":"3","image":{"uri":"https://images.cutimes.com/contrib/content/uploads/sites/413/2018/03/economic-growth-trends-e1522342148640.jpg","width":"620","height":"414"},"summary":"But the pace of balance growth is slowing for credit unions, and for all lenders auto loan growth is the slowest in years."},{"uri":"/2024/05/07/dcu-signs-1-8-million-naming-rights-extension-deal/","title":"DCU Signs $1.8 Million Naming Rights Extension Deal","byline":"Natasha Chilingerian","prettyDate":"May 07, 2024","readtime":"3","image":{"uri":"https://images.cutimes.com/contrib/content/uploads/sites/413/2024/05/DCU-Center-1-e1715121408923.jpg","width":"650","height":"433"},"summary":"The Massachusetts CU will retain the naming rights to the DCU Center, which it first won in 2004, until at least 2027."},{"uri":"/2024/05/03/spending-spikes-student-loan-debt-are-putting-retirement-savings-at-risk-413-203118/","title":"Spending Spikes & Student Loan Debt Are Putting Retirement Savings at Risk","byline":"Kristen Beckman","prettyDate":"May 03, 2024","readtime":"5","image":{"uri":"https://images.cutimes.com/contrib/content/uploads/sites/413/2024/05/debtpiggy-bank-vise-Article-202404301157.jpg","width":"620","height":"372"},"summary":"Employers can help employees save by automating and incentivizing emergency savings, but it's key to customize messaging that is unique to a specific employee demographic to increase the likelihood of them taking action."},{"uri":"/2024/05/02/top-10-credit-unions-earnings-rise-from-q4-to-q1/","title":"Top 10 Credit Unions: Earnings Rise From Q4 to Q1","byline":"Jim DuPlessis","prettyDate":"May 02, 2024","readtime":"4","image":{"uri":"https://images.cutimes.com/contrib/content/uploads/sites/413/2024/05/economic-update-e1714679720118.jpg","width":"620","height":"414"},"summary":"The largest credit unions benefit from lower loan loss provisions, but revenues and loan originations fall."},{"uri":"/2024/04/30/home-price-gains-accelerate-in-the-us-climbing-6-4-in-february/","title":"Home-Price Gains Accelerate in the U.S., Climbing 6.4% in February","byline":"Prashant Gopal","prettyDate":"April 30, 2024","readtime":"2","image":{"uri":"https://images.cutimes.com/contrib/content/uploads/sites/413/2024/03/home-for-sale-e1711051993302.jpg","width":"620","height":"414"},"summary":"\"Following last year's decline, U.S. home prices are at or near all-time highs.\""}],"readnext":{"contents":[{"uri":"/2024/04/29/patrick-la-pine-departs-lscu-others-take-elevated-roles/","title":"Patrick La Pine Departs LSCU, Others Take 'Elevated' Roles","prettyDate":null,"kicker":"News","image":{"uri":"https://images.cutimes.com/contrib/content/uploads/sites/413/2024/04/LSCU-Logo-e1714418706503.png","width":"620","height":"323"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/04/30/westerra-cu-hires-cfo-4-other-credit-unions-announce-new-roles/","title":"Westerra CU Hires CFO; 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