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Discovery Webinar Attracts 1,150-Plus Registrants

NEWS RELEASE:
From CUNA Mutual Group Public Relations
www.cunamutual.com

For more information:
Maripat Blankenheim 608.232.6539 maripat.blankenheim@cunamutual.com
Rick Uhlmann 608.231.8940 rick.uhlmann@cunamutual.com

MADISON, Wis. – The current economic and regulatory conditions provide credit unions a mixed bag of positive and challenging trends, but there are opportunities for loan growth. CUNA Mutual Vice President of Lending Dan Kaiser delivered that message during the second Discovery Webinar of the 2011 series.

Kaiser’s presentation, The Road Ahead: Making the Most of Every Lending Opportunity gave credit union leaders a unique blend of lending and marketplace trends that either are or will affect credit unions and their members.

“Consumers are understandably jittery,” said Kaiser, describing the Jitters Index, which measures home-centric economic concerns including taxes, various living expenses and the instability of employment and investment data. But the cautionary numbers also point to slow recovery of home prices, employment and auto loans.

“We’re beginning to see a rebound in vehicle sales, which is good news for lending and for consumers,” Kaiser said. “The trends are predicting an upturn in loans starting this year, but extending over the next few years.”

With six of every 10 American adults using wireless internet services, there’s a strong forecast for an increase in mobile banking. According to Pew Research, 27.4 million Americans actively use mobile banking, with that number predicted to double over the next two years. “Mobile banking is clearly taking over the online channel,” said Kaiser, stressing the need for credit unions to embrace this technology to attract the mobile member.

Remember to mark your calendars and register (www.cunamutual.com/lendingwebinar/PR) for other free 2011 Discovery events:

  • May 24 – Technology Strategies and Trends, presented by Rick Roy
  • June 19-22 – 17 Discovery sessions will be offered at CUNA’s America’s Credit Union Conference (ACUC)
  • July 19 – Regulation double-feature, presented by Bill Klewin and Brad Pricer
  • Oct. 4 – Second Annual Online Discovery Conference

CUNA Mutual Group insurance, retirement and investment products provide financial security and protection to credit unions and their members worldwide. With more than 75 years of true market commitment, CUNA Mutual’s vision is unwavering: To be a trusted business partner who delivers service excellence through customer-focused products and market-driven insight. More information on the company is available on the company’s Web site at www.cunamutual.com.

CUNA Mutual Group is the marketing name of CUNA Mutual Insurance Society, its affiliates and subsidiaries, including CUMIS Insurance Society, Inc.  Product availability and features may vary by jurisdiction and are subject to actual policy language. Corporate headquarters are located in Madison, Wis.

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