Lending

On Sep. 30, 2018. Dollars in thousands.

Growth in the KeyStone State was close to or surpassed national averages across a number of fields.

While banks are oftentimes simply too big to react to this consumer change quickly, more agile fintechs have been much faster to prioritize mobile-first POS financing, argues Nufar Segal, general manager of consumer financing at Jifiti.

Some institutions have benefited from revitalization in the Motor City but just as consumers fled for the suburbs decades ago, most CUs in the area are headquartered outside the city itself.

The Scarborough, Maine-based credit union also posted a more than 4 percent uptick in membership.

The Rhode Island-based institution also finished building a 27,000-square-foot operations center and branch.

Senators dove into how to ensure housing finance reform serves lenders of all sizes, just as the Trump administration moved closer to crafting its own GSE plan.

Speakers at the Credit Union Summit during the 2019 Retail Banking conference offered a host of best practices for embracing new technologies while maintaining high levels of member service.

The credit union saw a 50 percent increase in mortgage originations, which helped spur a significant spike in net income last year.

The latest Credit Union Trends Report from CUNA Mutual shows CUs serving more consumers even as the industry continues to contract.