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LENDING and COLLECTIONS

Marketing To Your “Pre-Retirement Age” Members

If your credit union is like most CUs, a high percentage of your members are nearing retirement. Turns out, freeing themselves of debt weighs...

Small Business and Commercial Lending As A Growth Driver and Area to Proactively Manage Risk

Due to their size and complexity, small business and commercial loans are more time-consuming to originate and manage over the life of the loan...

3 Tips to Make Indirect Lending More Profitable

Indirect lending has been a critical component of the credit union industry’s rising domination of the auto lending market. Credit unions with indirect programs have experienced...

David Pendley Named Vice President of Mortgage Lending at Consumers Credit Union

 Kalamazoo, MICH — Consumers Credit Union is pleased to announce the addition of David Pendley as the new vice president of mortgage lending at...

Bank-Fund Staff Federal Credit Union Becomes Second Credit Union to Reach $5 Million Mark with HomeAdvantage Cash Rewards Program

Washington, D.C.-based Bank-Fund Staff Federal Credit Union (BFSFCU) has reached the threshold of returning more than $5 million in cash back to members buying...

Turning a 700+ Score into a 800+ Score

My team of consultants work with hundreds of credit unions each year, and we are constantly noticing new trends. In recent years, we are...

Maintain Your Profitability with MSR Hedging

Over the course of 2019, the yield curve has significantly decreased and flattened causing primary mortgage rates to fall. This has caused an increase...

Can Credit Unions Save Mainstreet From Predatory Lending?

During the last decade, the financial industry has seen a massive shift in how America’s mainstreet small businesses obtain the capital they need...

Wescom’s New Quick Assist Loan Program

An alternative to high-interest loans to support members in ne According to a 2018 Federal Reserve Survey, 40 percent of Americans cannot financially withstand an unexpected $400...