"Trust is the most compelling, sustainable thing that cooperatives and credit unions have," said NAFCU President and CEO Dan Berger in an interview with the National Cooperative Business Association (NCBA). Despite growing competition in the [...]
The holidays are here again, and for millions of people, the food, gifts, decorations and travel will be an overwhelming burden on their budget. This season is an opportunity for credit unions to stand out [...]
According to a 2016 TransUnion survey, credit unions are growing at 6.35% annually--a rate which far outpaces the growth of active credit consumers overall. However, this substantial rate of growth is highly concentrated, with [...]
Switching banks or even just opening your first account is a big deal for people. Consumers are involved with companies now more than ever and they want to know who you are and what you [...]
Two of our Social Stairway team recently attended Brewing Marketing Success and Sales 2016. We had a great time; there were many amazing speakers and we learned some great tactical tips and strategy ideas. The [...]
In today's digital age, consumers use on average 8.9 sources of information when making banking purchase decisions. But what is still their most influential source?... Human interactions, including talking in person with a financial [...]
As Credit Unions grow, staffing tends to expand along with the assets, and this can sometimes lead to a counter-intuitive segregation of duties. We’ve seen CUs where digital responsibilities were grouped with mobile banking [...]
The steady, upward trajectory for credit union growth continues in membership numbers and lending--although opportunities exist, particularly in the housing market. The monthly credit union estimates from the Credit Union National Association (CUNA) show memberships [...]
This blog by Today's Credit Unions does a nice job of summarizing why the continued focus on Credit Union member service remains so very, very important in 2016. As Economy Improves, Customer Satisfaction Takes a [...]
Credit unions are on the rise, as indicated by the NCUA in the second quarter of 2015. Last week the NCUA reported that the total number of credit union members had surpassed the 101 million [...]
Earlier this summer, the NCUA unanimously approved a series of proposed changes to their regulations on member business lending (MBL). These amendments, if adopted, would lessen current restrictions to make it easier for credit unions [...]
Credit union membership growth is moving three times faster than U.S. population growth, according to the Credit Union National Association's monthly sample of credit unions for July. That report also reflects a continuation of [...]
Credit Unions add nearly 677,000 members during the first quarter of 2013. The credit union movement continues to see impressive membership growth, adding 676,583 members during the first quarter of 2013—the third-highest [...]
By Heather Anderson NCUA Board Chairman Debbie Matz said Friday that the credit union industry’s $8.5 billion record profit in 2012, along with other key financials, made for a “pivotal year” and said [...]
America's federally insured credit unions took in 742,847 new members in the third quarter of 2012, representing a quarterly growth rate of 0.8%, and these National Credit Union Administration-reported numbers show that "something [...]
