Friday, 18 December 2020
Tags: Home financing, Credit Union Tips, Home Buyer Information
As nonprofit organizations, credit unions are able to provide a wide range of financial products and services at a lower cost than other financial institutions. Since the statutory mission of credit unions is to serve predominantly the individuals and households underserved by mainstream lenders, many of them are making efforts to extend the availability of affordable home loan programs to a higher number of potential borrowers.
Tuesday, 24 November 2020
Tags: financial portfolio, Loan Portfolio Improvement Tips, Credit Union Tips
Due to the stimulus packages designed to help families during the pandemic, credit unions have seena steep increase in deposits. But higher volumes of deposits bring on a new challenge; namely, finding new investment opportunities that allow credit unions to deploy their excess liquidity into higher earning assets.
Monday, 16 November 2020
Tags: financial portfolio, Loan Portfolio Improvement Tips, Credit Union Tips
When it comes to portfolio diversification strategies, there are no one-size-fits-all solutions that could meet the needs of every credit union. In general, however, a credit union must be efficient and innovative in order to address specific challenges and achieve optimal portfolio diversification.
