Location analytics software can help assess branch performance, build stronger member relationships.
Meet the newest member of the credit union Billionaires Club: Workers’ Credit Union in Fitchburg, Mass.
The Fitchburg, Mass.-based credit union reaches the $1B milestone, celebrates 100 years and pays out its first annual dividend.
Mortgage CUSO connects members to Realtors and keeps credit unions in the purchase loop.
The $1 billion Eli Lilly FCU boosted purchase mortgage volume by reaching out to local real estate agents.
"We have a working coast, not second or vacation homes," state insurance commissioner says.
The top 25 mortgage lenders recently reported only 29,912 preapprovals resulted in mortgages used in a home purchase in 2012, according to data from the Federal Financial Institutions Examinations Council. That figure is down from 101,626 in 2007.
In South Florida, 69% of all home sales this summer were cash, with a statewide rate of 66% according to data from RealtyTrac.
Mortgage Bankers Association says 25% of home sales currently are cash deals.
White paper from CU Realty Services seeks to reassure credit unions about working with Realtors to build purchase money loan business.