Lending

Credit unions are getting better at using data analytics to pitch loan refinancing options to members, though there are still some pitfalls with the strategy.

The latest Credit Union Trends Report from CUNA Mutual Group shows strong performance in membership growth and delinquencies, but lending is beginning to slow and could slow further by next year.

Year to date Sep. 30, 2018. Dollars in thousands.

Credit unions tout their readiness to assist with a variety of life stages, but a loan product for one of the most difficult potential life experiences is virtually nowhere to be found.

Among the 2018 highlights for the Honolulu-based credit union were a 108% rise in net income.

Banks that gather deposits through branches generally pay lower deposit premiums than those that solicit deposits online. So what happens if long-standing restrictions on brokered deposits are relaxed?

After struggling during the Great Recession, the Las Vegas-based credit union has now posted 27 consecutive quarters of positive results.

On Sep. 30, 2018. Dollars in thousands.

Loan demand is finally picking up after several lackluster quarters. Banks' big challenge is finding cheap deposits to fund all those new loans.

President Trump has threatened that the closure may go on for a prolonged period. This could lead to higher loan delinquencies at credit unions that serve federal workers.