Lending

Credit unions in Michigan saw significant gains in Q4 2017, as CUs there ended the year with significant boosts to membership and lending.

The latest Credit Union Trends Report from CUNA Mutual Group predicts robust membership growth in the year ahead and sustained lending growth due to positive economic factors.

While some key indicators dropped in the year ending Dec. 31, 2017, credit unions in many states continue to thrive, with several new states jumping to the head of the pack for various growth measurements.

The Federal Reserve raised interest rates by a quarter-point at its Wednesday meeting and more increases are expected this year. Here's what credit unions need to know to be prepared.

The Jacksonville-based credit union released its 2017 annual report, highlighting record loan originations, strong member growth, community engagement and more.

Small-business payments are an inefficient mess of unpaid invoices and paper processes that are causing substantial funds to languish and companies to stagnate. One possible solution is to address the cash flow, not the payment mechanism itself.

Credit unions saw strong gains in membership, loans and more in 2017, though the industry continued to shrink, with 200 fewer credit unions in operation than at the end of 2016.

The Eureka, Calif.-based credit union saw assets rise by 8 percent last year, while lending was up more than 10 percent.

The Arizona-based online auto dealer has partnerships with 35 credit unions – and is looking to expand.

Provider of lending, marketing automation technology predicts more growth in 2018.