Last Week Another week, another new all-time high for stocks. Equities plunged at the beginning of the week. The S&P 500 dropped 1.6% on Monday as risk assets reacted to the very real risk of the COVI...
I look forward to CU Data’s statistics and trends report each quarter. It gives our team insights into what the industry is experiencing and how that will impact our clients and their members. In this blog post, I’d like to share some highlights and notable KPIs from the Q1 2021 report.Last year was a challenging year in many respects for the credit union industry. Fortunately, although it is still early, 2021 is shaping up to be a nice recovery year. Here are some key takeaways from the industry report:
Overall, 2021 is shaping up to be a better year for credit unions than originally anticipated. Interest rates should remain low with marginal increases possibly later in the year but hopefully loan demand will gain momentum as consumer confidence builds.
As with most financial institutions, indirect loans likely make up a large part of your auto lending portfolio. To learn how to optimize the payments experience for your indirect borrowers, check out our free whitepaper, Digital Payments Solutions to Delight Your Indirect Borrowers—no download required!
As Senior Vice President of Automotive Products, Michael works closely with our Collateral Protection Insurance (CPI) carriers to manage existing CPI programs and develop new coverages for our clients. He is responsible for quality assurance, including premium refunds, claims, asset recovery, and vehicle title administration operations.
Every generation has a sound that defines its era. Whether it’s Jimi Hendrix’s guitar playing on the Woodstock stage dur...
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