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Category Archive

Below you'll find a list of all posts that have been categorized as “Credit Unions”

Representation of loan origination automation benefits

CREDIT UNION MEMBER ONBOARDING BEST PRACTICES

The defi Team November 28, 2024Credit Unions, defi INSIGHT

A strong, lasting relationship between credit unions and their members starts with an effective onboarding process. A seamless, personalized credit…

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Loan origination trends to watch in 2024

HOW TO IMPROVE CREDIT UNION OPERATIONS

The defi Team November 20, 2024Credit Unions, defi INSIGHT

Credit unions today must navigate a competitive landscape characterized by the rise of fintech companies and traditional banks that offer…

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Graphic representation of loan approval

CREDIT UNION MEMBER ENGAGEMENT STRATEGIES

The defi Team November 14, 2024Credit Unions, defi INSIGHT

To thrive in today’s competitive landscape, credit unions must improve member engagement through personalized communication, financial education, community engagement, and…

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Loan underwriting automation speeds loan approvals

MOBILE BANKING FOR CREDIT UNIONS: KEY CONSIDERATIONS

The defi Team October 29, 2024Credit Unions, defi INSIGHT

Following a loan servicing compliance guide and relying on experts to guide you can help protect your credit union members….

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Loan approval prediction using machine learning could help quickly find creditworthy applicants

A LOAN SERVICING COMPLIANCE GUIDE FOR CREDIT UNIONS

The defi Team October 25, 2024Compliance, Credit Unions, defi INSIGHT

Following a loan servicing compliance guide and relying on experts to guide you can help protect your credit union members….

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Community banks understand the lending needs of individuals and small businesses

CREDIT UNION LENDING SYSTEMS: A SELECTION GUIDE

The defi Team September 26, 2024Credit Unions, defi INSIGHT, Originations, Outsourced Servicing

The sustained economic growth of recent months and an optimistic outlook presents credit unions with an opportunity and a challenge….

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Lenders have to employ several credit underwriting strategies for financial success

CREDIT UNION RISK MANAGEMENT STRATEGIES

The defi Team September 24, 2024Credit Unions, defi INSIGHT, Fraud, Originations

Internal risks tied to credit and compliance are far easier to manage thanks to advancements in loan origination solutions. Let’s…

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Representation of contract signing at the end of the loan origination process

CREDIT OPERATIONS IMPROVEMENT IDEAS FOR BANKS & CREDIT UNIONS

The defi Team January 4, 2024Banking, Credit Unions, defi INSIGHT, Originations

Banks and credit unions face economic uncertainty, evolving regulatory requirements, and technological disruptions in their credit operations. Credit risk assessment…

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Illustrated graphic of maney and coins with an upwards arrow, loosely representing auto loan servicing for credit union portfolios

AUTO LOAN SERVICING FOR CREDIT UNION PORTFOLIOS

The defi Team July 13, 2023Credit Unions, defi INSIGHT, Outsourced Servicing, Servicing Systems, Simplifying Processes

When you hire a third-party loan servicing company to go through each of these steps with you, your credit union…

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LOAN MANAGEMENT PROCESS: STEP-BY-STEP GUIDE

The defi Team July 5, 2023Compliance, Credit Unions, defi INSIGHT, Originations, Simplifying Processes

The loan management process is a critical stage that begins once an applicant is approved and the lender successfully funds…

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5 LOAN SERVICING KPIS LENDERS SHOULD KNOW & TRACK

The defi Team July 3, 2023Credit Unions, defi INSIGHT, Remarketing, Servicing Systems

Lenders heavily rely on borrowers’ willingness and ability to repay loans in order to generate profits. To assess these factors…

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auto lending digital

COMPARING CREDIT UNION SOFTWARE PROVIDERS FOR AUTO LOAN SERVICING (2023)

The defi Team March 25, 2021Credit Unions, defi INSIGHT, Outsourced Servicing, Servicing Systems, Simplifying Processes

There are dozens of credit union software providers for auto loan servicing solutions. They range from global software providers who…

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