The secret sauce for sub-prime lending success at your credit union
Having been in the lending business for 33 years and seeing many companies come and go in the sub-prime market space, I have a feel for what it takes to ...
The latest from Jordan Rumsey
3 ways to build better relationships with members
Organizations need 3 things to survive: new business, repeat business, and referral business. In today’s post, we’re going to discuss repeat business. How do you get consumers to ...
Is your credit union providing the card fraud protection members expect?
Fraud hurts consumers and merchants alike, but cardholders put an even greater level of trust in their financial institution to protect them and resolve any negative consequences associated with fraud. ...
Is subprime lending heading south?
It may not have hit your radar yet, but Wall Street is noticing a trend when it comes to subprime auto loans. According to a story on CNBC earlier this ...
Managing millennials: Answering the ‘why’
During NAFCU’s Annual Conference and Solutions Expolast week there were several breakout sessions regarding the millennial generation – those typically born between 1977 and 1995 – and how they think, their ...
UK votes to exit EU, Cameron quit: Latest updates
In the single most momentous day in British politics since WWII, the United Kingdom has voted to leave the European Union. The impact of this result has been far and ...
How to increase your credit union team’s morale
Corporate team building exercises range from pep-talks from the boss to multi-day retreats involving bungee jumping. Things can also get pretty strange. Staffing firm The Creative Group recently polled executives ...
Financial landscape developments on blockchain & new CECL comments
The financial services industry is being constantly challenged with new regulations and outside threats. Two important developments in the financial world recently that are worth noting are the immense growth ...