According to CUNA, many credit unions have reported rising liquidity and lower loan origination volumes over the past few months. As this trend is expected to continue particularly due to the current government relief programs as well as a higher number of people looking for a safe place to keep their money, it could negatively affect the overall profitability of many credit unions.
Manufactured Housing News
The Triad Financial Services Team enjoyed their time in the Big Easy while attending NAFCU's Annual Conference. The team had the chance to get to know some of today's Credit Union leaders and learn more about the challenges they face today. During the conference, Mike, with the Studio Lounge, asked to interview Senior VP, Keith Stayer. Take a look at the interview as Keith discusses how manufactured homes are helping solve the affordable housing crisis that many homeowners are still facing today, as well as, how Triad Financial Services works with credit unions to help them grow and diversify their loan portfolio.