Credit Union Growth Series [Part 1]: How to propel your lending programs through challenging times

Learn what other credit unions have done to keep their loan, deposit, and member growth thriving throughout the COVID-19 crisis. Also in this episode, hear about strategies you should consider to future-proof against risks yet-to-come, such as a resurgence of the pandemic.

Key Takeaways:

[04:01] What used to be strategic planning has turned into strategic adjustments because you have to stay fluid.

[12:55] One safeguard is diversifying lending channels.  Start reaching out to alternatives channels now.

[19:39] Start leveraging some of those alternative lending channels, driving opportunities at an accelerated pace, and using technology to bring efficiency to the process.

 

continue reading »

More News