A few months ago the internet was awash with the proclamation that avocado toast was keeping Millennial borrowers from committing to a mortgage. Yes, the breakfast of choice for many of the Instagram generation was [...]
It’s fair to say that at most companies, employees are one of the greatest assets. They are typically the ones out in the field or in front of the customer doing the hands-on work [...]
You want your institution's members to have the best customer experience possible. As you evaluate ways to improve, consider how your retail investment program fits into your overall product mix and helps members meet their [...]
A new record was set in 2016 when 17.6 million cars and trucks were sold in the United States, marking the seventh consecutive year of increased auto sales, according to Automotive News. 48,000 [...]
Protecting your organization is expensive. Leaders are encouraged and sometimes even compelled to provide additional resources to counter threats. As the cost of data breaches rise, regulators and your customers and business partners demand you [...]
In the financial services industry, it is widely known that credit life insurance pays off the outstanding loan balance to which it is attached. But have you ever really realized how credit insurance is a [...]
As a seasoned real estate investor with multiple properties, a couple of your top concerns might be how to continue growing your portfolio and finding new and creative ways to generate income from your properties. [...]
The automotive lending market is rapidly evolving, and credit unions must find unique methods to generate auto loans if they expect to keep up. In order to address business and profitability challenges, credit unions must [...]
September 29, 2017, a day that will live in infamy? Probably not, but maybe. September 29 is the date when the U.S. federal government debt ceiling must be raised above $19.8 trillion or [...]
How well do you know your members? As a credit union, you have an enormous amount of insight and knowledge available at your fingertips to help your members secure their financial future. Tapping into that [...]
If your credit union isn’t offering members the ability to apply for, receive approval for, and check status of an auto loan from anywhere, you may be missing out on sales. As times and [...]
The Military Lending Act (MLA) was created to protect active duty members of the military, their spouses, and their dependents from certain lending practices that could pose a risk and a possible threat to military [...]
“Sure as night will follow day, most things I worry about never happen anyway."—Tom Petty I was thinking about this Tom Petty lyric as I read a story this morning about the European Union ([...]
As technology evolves, so does your connection with credit union members. In today’s environment, your members may use several digital and in-person channels for conducting transactions and managing their money. And, while they may [...]
The auto loan industry is massive and chances are that if you are a financial institution, you are also in the auto loan lending game. For the first time in first-quarter history, open auto loans [...]
