Category Archives: Lending
Why Wouldn’t You….
Interesting question. I was speaking with one of the participants from the Credit Union Business Development Academy yesterday when this topic came up. I started thinking that credit unions may want to consider building marketing/awareness/membership campaigns around that very question … Continue reading
Credit Unions: What Are You Tired Of?
There are some great things happening throughout the credit union industry. Overall membership, market share, and loan volume are up, losses are down, and it seems as if the economy is returning to some semblance of normalcy – albeit very … Continue reading
Top 4 Trends for Credit Unions in 2013
Happy New Year! Now that the hustle and bustle of the holidays is behind us, it’s time to focus on the upcoming year and what is in store for credit unions. There can be no doubt that 2013 can and … Continue reading
What Are Your Credit Union’s Priorities?
**Originally posted on CU Insight – 11/30/12. It’s inevitable – at some point in the next few weeks your credit union’s management team will be deciding what the top priorities will be in 2013. Many credit unions have already identified … Continue reading
MBL Reform
I recently read an article in Inc. magazine entitled “After the Squeeze.” It was a compelling review of what we in the credit union industry already know – big banks are still not willing to lend to small businesses. The … Continue reading
Make It Easy
Originally Posted on CU Insight – Oct. 3, 2012 We’ve all had the experience of deciding against doing something because we perceived it to be too difficult or time-consuming. Instead, we stick with what we know and with what is … Continue reading
Want Growth? Avoid These 3 Black Holes
**Originally posted on CU Insight 8/2/12** The latest round of data on credit unions indicates that the industry is in very good shape. Of course, there is always room for improvement and the most successful credit unions will be the … Continue reading
Consumer Financial Protection Bureau Fails Big Test
The Consumer Financial Protection Bureau (CFPB) failed a big test last week. An article published in The New Your Times, Consumer Bureau Declines to Resist Upfront Credit Card Fees, discusses the decision and offers commentary from those who are opposed … Continue reading
3 MORE Steps to Getting Better Loan Results
A while back, one of this blog’s posts suggested 3 ways to improve lending at credit unions. This is a continuation (sort of.) Almost every credit union that I’ve spoken with recently has told me that while many aspects of … Continue reading
Need More Loans? Try These 3 Tactics…
If you’re a credit union, you need loans. There’s no question about that. However, chances are pretty good that your credit union is not making as many loans as it needs to. If that is the case, you’re not alone. … Continue reading
