A CUSO that helps credit unions increase the number of purchase money mortgages has urged credit unions to consider housing finance less as the marketing of loan products and more as creating a leading sales channel.
The shifting sands of the consumer lending marketplace have caused the traditional loans (auto loans, home equity loans, and mortgages) that credit unions know and trust to either become scarce or thinly priced due to competition for each deal. Couple this with generally increasing costs, like regulatory compliance and...
Personal financial management software provider takes honor at San Francisco gathering.
Municipal Credit Union’s leaders told members at its annual meeting this week that the New York City credit union had a particularly strong year.
California credit union controller says credit unions can still make it by sticking to basics in this new economic season.
Nearly a year after Michigan CU Capital launched a statewide lending brand that would connect small businesses to credit unions, the effort has added another level to increase its exposure.
Automated lending tools have helped the $1.5 billion GTE Federal Credit Union see an average increase of 83% in monthly lending volume in the second half of 2011.
Massachusetts credit union can now underwrite commercial loan products in SBA Express and Patriot Express programs.
The $1.5 billion GTE Federal Credit Union said it recorded an average increase of 83% in monthly lending volume in the second half of 2011.
Given the stall in lending activity for many in the industry since the recession, AltaOne Federal Credit Union was expecting to see negative signs in its auto loan portfolio at the end of 2011.