Source: Zapp2Photo/Shutterstock.
Many banks and credit unions are seeing a shift in behavior as more consumers turn to fintechs and point of purchase lenders, instead of seeking these loans directly from a financial institution. Credit unions can use this as an opportunity to solve two important business challenges – first, how to deploy excess liquidity, and second, how to continue to grow the member base and loans by partnering with fintech firms and indirect lenders to originate new member loans.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
