There is nothing new about generating new revenue.

Take it from credit union executives and experts who saygenerating new revenue is about getting back to basics, taking onmore risk, looking for untapped markets and exploring technologyoptions to attract millennials and Generation Z.

Although car loans keep the revenue engine humming for mostcredit unions, Mark Lynch, senior program manager for the NationalCredit Union Foundation in Madison, Wis., pointed out during CUNAMutual Group's seventh annual Discovery Conference last month thatcredit unions are missing a big opportunity to sell car loans tomembers with less than stellar credit.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.