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Credit unions ended June with bigger increases in their portfolios than they recorded a year ago, as expectations of slower consumer borrowing keep shifting just over the horizon.
Recommended Stories
Using Alternative Data to Help Automate Decisioning Throughout the Credit Lending Journey
Doing so can reduce credit-loss rates and allow the CU to present better terms and offers while protecting itself from undue risk.
Credit Unions Lose Top Share in Auto Finance
Experian found credit unions share of loans and leases in the first quarter fell as captive lenders gained.
Jack Henry Finds Credit Unions Fretting Over Economy
Survey also finds nearly three-quarters planning to add FedNow payments in next two years.
Resource Center
Case Study
Sponsored by Upstart
How Vantage West is Optimizing Its Portfolio To Withstand Economic Cycles
When Vantage West CU decided to prioritize a seamless digital experience and data-driven lending decisions, they knew the right partner was critical. Download this case study and discover how they diversified their loan portfolio, acquired 1400 new members in 6 months, and built in flexibility to withstand the economic cycles.
Guide
Sponsored by Fortra's Tripwire
Gaining Control of Financial Services Cybersecurity Regulations
This guide covers the main regulations credit unions need to comply with and provides exceptional tips to go beyond simple compliance for powerful cybersecurity coverage.
Report
Sponsored by Elan Credit Card
Credit Card Strategy in a Rising Rate Environment
With the current economic environment and rise in interest rates, credit unions may find the credit card market increasingly complex to operate internally. Learn why shifting from insourcing to outsourcing your credit card program can benefit your credit union.
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