As we continue to navigate through 2024, credit unions across the United States are facing a concerning trend: a noticeable rise in delinquency rates among their members. This uptick, while alarming, is not entirely unexpected [...]
It was not that long ago when the motivation for building a credit union branch location was to reach out to areas that were underserved by other financial institutions and bring the credit union philosophy [...]
A credit union invited me to be a guest speaker at their board of directors meeting. It was a typical Board Meeting, the directors started filing in, with about half of them breaking the seal [...]
Thank you for tuning in to The CUInsight Network, with your host, Lauren Culp, President & CEO of CUInsight. In The CUInsight Network, we take a deeper dive with the thought leaders who support the [...]
An excerpt from More Passion for Lending written by A. Rex Johnson: Lending is an art. Never forget that. Lending is not engineering. It is not learned by mastering formulas. It is not well [...]
Inflation has hit a number of consumers and has subsequently hit your members hard. Credit card debt has increased. Rent has increased. Daycare has increased. Grocery costs have increased. And in a rising rate environment, [...]
In a time of unprecedented inflation, it is critical for lenders, interviewers, and loan officers to identify a problem before anyone else, especially before your members. The art of interviewing and subsequent strong loan decisions [...]
With many credit unions facing liquidity woes, they are left with having to pay for much needed money to lend. As a result, the significance of yield on loans has never been more critical. How [...]
