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CU Times compiles our exclusive data sets in combination with information received from NCUA and other federal agencies to give a clear view of lending trends involving credit unions (i.e. mortgage, auto loans, HELOCs, student loans).
CHICAGO - More bankers are confident in their ability to woo potential business customers and many of them are beefing up their products and services to get them in the door. According to the new Grant Thornton's Thirteenth Annual Survey of Bank Executives, three-fourths (75%) are planning to offer cash...
COSTA MESA, Calif. - The results of a new Experian study reveal a new business venture actually has a lower risk of going 90 days past due on their credit payments in its first year than in the third or fourth season. Experian found that the initial risk of delinquency...
MIDDLETOWN, Pa. - Credit unions needing an origination solution to assess loans under $50,000, will soon have another option to turn to. CU BizSource said it will launch its Bank2Business product this year. With B2B, CU lenders can input a loan application anywhere there is an Internet connection and receive...
WASHINGTON - After increasing steadily for more than a decade, the U.S. homeownership rate seems to be slowly going in the other direction. Data released last month by the U.S. Census Bureau put the homeownership rate at 69% in the fourth quarter 2005, down from 69.2% a year earlier. Although...
EL PASO, Texas - Greg Davis, senior loan officer of FirstLight FCU, has been named the 2005 Mortgage Banker of year by the El Paso Mortgage Bankers Association. Davis has been with FirstLight FCU, formerly called Fort Bliss FCU, for 14 years. He served as vice president of the EPMBA...
AUSTIN, Texas - Velocity Credit Union says it's ready to serve members who have been requesting business deposit services. The $502 million CU now offers a number of business checking accounts to complement business loan offerings made available through a partnership with six other Austin-based credit unions that formed CU...
NEW YORK - Credit unions and their members will now have access to a suite of information technology services through an expanded endorsement agreement between Newtek Business Services, Inc. and CUNA. The services include data storage backup, archival and retrieval services, Web site hosting, and Web site design and development...
McLEAN, Va. - Freddie Mac recently announced three new Internet-based servicing tools designed to help services decrease costs by streamlining several data management and default reporting operations. Of the three new tools, Default Reporting ManagerT and Incentive ManagerT are available immediately; the third - Remedy ManagerT - is expected for...
McLEAN, Va. - Fewer homeowners refinanced their homes in the fourth quarter 2005 than the previous quarter, but a larger percentage of those who refinanced did so with loan amounts greater than their original mortgage balances. In its quarterly refinance review, Freddie Mac reported that in the fourth quarter of...
WASHINGTON - Higher interest rates seen last year appeared not to have affected the demand for loans to small businesses, according to a recent SBA senior loan officer's survey. Interest rates have continued to rise, with the average prime rate for 2005 nearly two percentage points higher than the 2004...
From Elan Credit Card
A credit union’s ability to deliver the right products and services that best meet members’ daily needs is the most important factor in creating a superior member experience.
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This comprehensive market study dives deep into the contrasting views between financial institutions and account holders, offering critical insights that can drive your credit union's strategic decisions.
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We worked with an independent researcher to conduct an online survey of over 2000 credit and debit card users to find out how people pay everyday. Download the results!
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What if you could get your offer to consumers before the competition?
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Explore how cloud-based solutions revolutionize deposit management and transaction processing for credit unions. Download the white paper now!
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Enhance your credit union’s security with a comprehensive approach to check fraud mitigation. Discover how built-in capabilities safeguard both your organization and your members.
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Access this white paper to discover how modern technology is revolutionizing payment experiences while lowering operational costs.
Download ResourceFrom Open Lending
Millennials and Gen Z consumers represent a significant opportunity for credit union lenders. This report uncovers key trends and insights about their credit outlook and how to capture their long-term value.
Download ResourceFrom Elan Credit Card
As quickly as technology advances, so do the expectations of your members. Learn what digital capabilities and solutions are trending, how much credit unions are investing, and what’s next in payments innovation.
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Struggling to keep your credit card program profitable? Discover why many leaders are turning to the agent issuing model.
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Consumers with general-use credit cards average 37% higher monthly spend than those with co-branded cards. Learn more preferences, habits, and trends in this new report from Elan Credit Card and PYMNTS Intelligence.
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Social media scams, phishing, and telephone-oriented attack delivery are a few of the increasingly sophisticated attack methods by cybercriminals. Learn more about these evolving techniques and how to protect your members.
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Does the value outweigh the risk? Review three key considerations when evaluating whether to invest in growing an internal credit card program or explore an outsourced solution.
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Learn where consumers are applying for credit cards, what type of spenders they are, what features are most persuasive, and what smaller financial institutions should focus on to continue expanding their market share.
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When Vantage West CU decided to prioritize a seamless digital experience and data-driven lending decisions, they knew the right partner was critical. Download this case study and discover how they diversified their loan portfolio, acquired 1400 new members in 6 months, and built in flexibility to withstand the economic cycles.
Download ResourceFrom Elan Credit Card
Customer payment expectations are shifting. Explore the top five merchant payments trends we’re watching in 2023 and learn how a partnership may help meet the needs of your members.
Download ResourceFrom Elan Credit Card
Nearly 33% of cardholders increased their credit card spending over the last six months, showing how critical credit cards are in today's economic environment.
Download ResourceFrom Elan Credit Card
Young adults are the future of your credit union. From college to home-buying, learn why credit cards are key to winning the loyalty of Gen Z and millennials.
Download ResourceFrom Elan Credit Card
With the current economic environment and rise in interest rates, credit unions may find the credit card market increasingly complex to operate internally. Learn why shifting from insourcing to outsourcing your credit card program can benefit your credit union.
Download ResourceFrom Elan Credit Card
A credit union’s ability to deliver the right products and services that best meet members’ daily needs is the most important factor in creating a superior member experience.
Download ResourceFrom Alkami
This comprehensive market study dives deep into the contrasting views between financial institutions and account holders, offering critical insights that can drive your credit union's strategic decisions.
Download ResourceFrom CPI
We worked with an independent researcher to conduct an online survey of over 2000 credit and debit card users to find out how people pay everyday. Download the results!
Download ResourceFrom TransUnion
What if you could get your offer to consumers before the competition?
Download ResourceFrom Elan Credit Card
Unlock insights into the spending habits and motivations of new cardholders! Explore why so many chose general-purpose credit cards and what this trend means for industry leaders.
Download ResourceFrom Alogent
Managing deposits effectively is more crucial than ever to keep pace with member expectation. Discover how a transaction level approach to deposit automation delivers unmatched speed, a lower risk for fraud, and reduced operating costs.
Download ResourceFrom Alogent
Explore how cloud-based solutions revolutionize deposit management and transaction processing for credit unions. Download the white paper now!
Download ResourceFrom Alogent
Enhance your credit union’s security with a comprehensive approach to check fraud mitigation. Discover how built-in capabilities safeguard both your organization and your members.
Download ResourceFrom Alogent
Access this white paper to discover how modern technology is revolutionizing payment experiences while lowering operational costs.
Download ResourceFrom Open Lending
Millennials and Gen Z consumers represent a significant opportunity for credit union lenders. This report uncovers key trends and insights about their credit outlook and how to capture their long-term value.
Download ResourceFrom Elan Credit Card
As quickly as technology advances, so do the expectations of your members. Learn what digital capabilities and solutions are trending, how much credit unions are investing, and what’s next in payments innovation.
Download ResourceFrom Elan Credit Card
Struggling to keep your credit card program profitable? Discover why many leaders are turning to the agent issuing model.
Download ResourceFrom Elan Credit Card
Consumers with general-use credit cards average 37% higher monthly spend than those with co-branded cards. Learn more preferences, habits, and trends in this new report from Elan Credit Card and PYMNTS Intelligence.
Download ResourceFrom Elan Credit Card
Social media scams, phishing, and telephone-oriented attack delivery are a few of the increasingly sophisticated attack methods by cybercriminals. Learn more about these evolving techniques and how to protect your members.
Download ResourceFrom Elan Credit Card
Does the value outweigh the risk? Review three key considerations when evaluating whether to invest in growing an internal credit card program or explore an outsourced solution.
Download ResourceFrom Elan Credit Card
Learn where consumers are applying for credit cards, what type of spenders they are, what features are most persuasive, and what smaller financial institutions should focus on to continue expanding their market share.
Download ResourceFrom Upstart
When Vantage West CU decided to prioritize a seamless digital experience and data-driven lending decisions, they knew the right partner was critical. Download this case study and discover how they diversified their loan portfolio, acquired 1400 new members in 6 months, and built in flexibility to withstand the economic cycles.
Download ResourceFrom Elan Credit Card
Customer payment expectations are shifting. Explore the top five merchant payments trends we’re watching in 2023 and learn how a partnership may help meet the needs of your members.
Download ResourceFrom Elan Credit Card
Nearly 33% of cardholders increased their credit card spending over the last six months, showing how critical credit cards are in today's economic environment.
Download ResourceFrom Elan Credit Card
Young adults are the future of your credit union. From college to home-buying, learn why credit cards are key to winning the loyalty of Gen Z and millennials.
Download ResourceFrom Elan Credit Card
With the current economic environment and rise in interest rates, credit unions may find the credit card market increasingly complex to operate internally. Learn why shifting from insourcing to outsourcing your credit card program can benefit your credit union.
Download ResourceFrom Elan Credit Card
A credit union’s ability to deliver the right products and services that best meet members’ daily needs is the most important factor in creating a superior member experience.
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