Lending

But Velera's monthly report shows credit card spending lagged the 12-month growth rate for retail spending.

Report forecasts weaker economic expansion, elevated inflation and higher-for-longer interest rates.

A focused strategy in this range can help CUs diversify portfolios, strengthen member retention, support local economic development and create sustainable growth.

New research from Carleton highlights the urgency for and barriers to platform migration among credit unions, banks, auto finance companies and fintechs.

Data from America's Credit Unions shows HELOCs and other second-lien residential loans rose at above-average rates.

The principles that make a skip-a-pay deployment work are the same principles that will determine whether agentic AI in financial services delivers on its potential at scale.