Often, one of the biggest mistakes we see credit unions make in their indirect lending strategy is they try to …
HOW TO SELECT THE BEST LOAN SOFTWARE FOR CREDIT UNIONS
Credit union lending is on the rise. In Q1 2025, total loan balances reached $1.65 trillion—a 3.3% year-over-year increase across …
CREDIT UNION LENDING SOFTWARE TO STREAMLINE THE LOAN ORIGINATION PROCESS
How would you describe your credit union’s loan origination process? Fast, easy, simple, and a competitive advantage? Or is it …
ASSET FINANCE PROCESS IMPROVEMENT FOR BANKS & CREDIT UNIONS
Cars, boats, jet skis, snowmobiles, and other personal vehicles are often financed with consumer asset finance. The loan terms can …
HOW TO IMPROVE CREDIT UNION MEMBER EXPERIENCE
Credit union member experience directly impacts customer satisfaction, loyalty, and overall growth. As member-owned institutions, credit unions rely on strong …
A VEHICLE AUCTION & DISPOSITION FAQ FOR CREDIT UNIONS
For many credit unions, vehicle auctions detract from their core financial focus. The complex relationships between auction houses and transporters, along with volumes of off-lease vehicles and repossessions, are motivating credit unions to seek greater efficiencies.
CREDIT UNION LOAN GROWTH TRENDS AND STATISTICS FOR 2025
The last five years have seen drastic highs and lows in a short period, resulting in one of the most …
5 CREDIT UNION TECHNOLOGY CHALLENGES
Some of the top credit union technology challenges right now are: Lack of agility in deploying IT resources and services to meet dynamic processing demands associated with business cycles; inability to rapidly implement new applications or modify existing applications to meet evolving market needs; and obtaining maximum value from the growing volumes of data generated by transactions and customer interactions.
8 CREDIT UNION TECHNOLOGY TRENDS FOR 2025
Competition is getting more challenging in the lending industry. Inflation and economic uncertainty have made consumers wary of spending more …
CREDIT UNION MEMBER ONBOARDING BEST PRACTICES
A strong, lasting relationship between credit unions and their members starts with an effective onboarding process. A seamless, personalized credit …
HOW TO IMPROVE CREDIT UNION OPERATIONS
Credit unions today must navigate a competitive landscape characterized by the rise of fintech companies and traditional banks that offer …
CREDIT UNION MEMBER ENGAGEMENT STRATEGIES
To thrive in today’s competitive landscape, credit unions must improve member engagement through personalized communication, financial education, community engagement, and …
