WASHINGTON--Credit unions above $43 million in assets extended $83-billion in home loan finance during 2014, which was more than $20 billion less than in 2013, federal data show. The top five credit unions made some $17 billion of the total.
THE boost
HENDERSON, Nev.—Good document management practices can boost employee productivity by 30%-40%, according to one expert who sees many more CUs shifting to teller capture over branch capture next year.
CAMBRIDGE, Mass.—More than 200 “movers and shakers” from throughout credit unions attended the big.bright.minds event hosted by the Filene Research Institute here, discussing diverse topics, watching members interact with a CU's website in real-time, and more.
MADISON, Wis.—The personal balance sheet of many people has not been improving at the same pace as the economy, and that has the National Credit Union Foundation this year focused on helping CUs “look through their members’ eyes.”
ALEXANDRIA, Va.–Credit unions are being offered some advice and strategies for better penetrating the nation’s largest ethnic minority group, the 55-million people in the U.S. who are Hispanic.
FT. LAUDERDALE, Fla.–Credit union lenders here were offered a checklist of reminders on some traditional compliance issues, as well as new emerging challenges every CU must now monitor.
PALM DESERT, Calif.–Four teams of credit union innovators have put forth ideas they are hopeful CUs will invest in.
CARMEL, Ind.—Personalized video welcome messages are helping CUs deepen relationships with members who have joined via an indirect loan.
AURORA, Colo.—It’s not always easy for credit unions to develop an end-to-end mobile payments strategy due to the market space’s evolution, with new players and solutions constantly emerging.
FT. LAUDERDALE, Fla.–What are the secrets to making an indirect lending agreement work with an auto dealer? What are credit unions doing right and wrong? Is there any space beyond the captive lenders? 2 Auto Dealers, 1 CU Lender Offer Answers