Particularly in the consumer finance market—personal loan, insurance, and credit products have a staying power, but there is a need to remind consumers how these products can benefit them. In order to reach and [...]
Home lending has become increasingly more difficult in today’s evolving marketplace. The main factors driving these lending challenges include: 1. Evolving competition 2. Shifting consumer demographics 3. Increasing loan rates While market disruption and [...]
According to recent data, roughly 1000 credit unions and 2000 banks have a loan-to-share ratio of 90% or higher. Due to multiple market factors, many members are pulling their money out of traditional accounts in [...]
Setting, tracking and measuring goals with your employees will have significant impact on your sales team and broader organization. The key, however, is to collaborate with your team and come up with the goals together. [...]
Goal-setting for and with your employees can have a major impact on your sales team and broader organization, especially when sales leaders offer the right amount of coaching and support. As a manager, it’s [...]
Has your organization seen decreased lending opportunities or have you had to downsize profitable lending programs as a result of your loan-to-deposit ratio? Have you had to borrow money from the Fed or other funding [...]
Your CU was founded to serve your members at physical branch locations, and year after year, you do with superior member service and the best rates in town. But today, you are starting to recognize [...]
