Filene study finds credit union aggregate loan portfolios about 25% less sensitive to macroeconomic shock during past two recessions.
Someone like John Fitch only with even more Perseverance.
The industry push to promote improved savings behavior among consumers while also drawing new business was ratcheted up with a pilot initiative involving 20 credit unions and sponsored by Filene Research Institute and SaveUp, a fledgling San Francisco firm.
What better way to get a gauge on how deft members are with their financial planning and investment goals than to test the employees at their credit unions.
Filene Research Institute and SaveUp.com launch pilot initiative at 20 credit unions in 15 states offering customized packages promoting account savings.
Joint project with Filene Research Institute recruits young leaders to help catalyze change and spark positive growth.
It’s one thing if credit unions offer low-cost financial products and exceptional service, but it’s quite another if they teach members how to use their products responsibly.
Some people just don’t get it. The Filene Research Institute released a new report, “Finding Sustainable Profits: Green Lending in Credit Unions.”
Five credit unions slated to take part in a pilot to study auto loans belonging to members with subprime credit scores, recently heard some parallels from a Johnson Space Center astronaut.
Despite a lingering lending slump, several credit unions managed to grow their loan portfolios by more than 5% during the Great Recession.