ANAHEIM, Calif.–Best practices and lessons learned in business development were shared by veterans of the discipline during a “Fireside Chat” here.
THE boost
WASHINGTON–An estimated 17.5-million vehicles sold in the U.S. during 2015. Tony Boutelle wants credit unions to instead think of the number four—as in four words.
WASHINGTON—That Hispanics are key to future credit union growth—especially for CUs seeking to get younger—is no secret. But where credit union’ strategy for better penetrating the Hispanic market often falls short is that it isn’t just about the language—it’s often more about the device.
BROOKFIELD, Wis.—The biggest risk to credit unions when it comes to communicating with members? The delete button.
ONTARIO, Calif.—Credit unions continue to improve their posture among auto lenders, capturing one out of every four auto loan originations last year, CU Direct reported.
WASHINGTON—If there was a gift to be found during the recent holiday shopping season it was in the removal of the wrapping around the need for credit unions to step up their attention to digital payments, says PSCU’s Chuck Fagan, who emphasized that the CUSO is partnering with CUs to ensure they stay on the leading edge of mobile.
WASHINGTON—Making it easy for credit unions to play in the mobile payments space and optimizing the performance of CU card portfolios will be the focus for CSCU this year.
WASHINGTON—CU Direct has introduced an Indirect Lending Benchmark Report that it says will help its credit union partners better understand the indirect market and make more informed pricing decisions.
ELGIN, Ill.—It’s time for credit unions to move money out of investments and into higher-yielding auto loans, and to reach down to lower credit scores.