MILWAUKEE, Wis.—How can a credit union still make a meaningful investment this year? The best place to start is with the brand, says La Macchia Group.
THE boost
STAMFORD, Conn.—Adding insurance offerings to a credit union’s portfolio can do more than bring in a new revenue stream–it can strengthen member relations, asserts Affinion Insurance Solutions.
WESTLAKE, Ohio—Credit unions should be spending any extra budget money they might have this year on technology training, asserts Hyland, which says the investment creates “technology power users.”
ONTARIO, Calif.—If a credit union finds itself with a budget surplus during 2018 and ROI is a must, CU Direct suggests two primary strategies to produce a quick return.
MADISON, Wis.—One expert insists that Big Data doesn’t have to mean Big Bucks.
SAN ANTONIO—One analyst is seeing a rise in credit union auto loan delinquencies at a time the economy is improving as the result of a “short-term fix” being pursued by some CUs.
ST. LOUIS—One design/build firm insists that before ground is ever broken, a facility planning study can have a big impact on branch performance.
AUSTIN, Texas—Credit unions should make sure that the property report is not slowing down the lending process, causing loans to be lost to other financial institutions, says FirstClose.
NEW YORK—Credit unions need an education on one issue: student loans are safer than many CUs believe, advises one private student lending platform.
CINCINNATI—When spending money on a new branch or redesign, one company is emphasizing that funds should be invested in improving operational efficiency and member satisfaction.