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Empowering Financial Literacy: The Vital Role of Credit Unions

Empowering Financial Literacy: The Vital Role of Credit Unions

by Devon Wilson | May 21, 2024 | Community Outreach for CUs, Credit Union Solutions, Marketing

Financial literacy is a critical skill often overlooked in education systems, yet essential for effective personal financial management. With only 57% of American adults considered financially literate according to a new study from Zippia, credit unions are in a...
Small Business Lending: A Strategic Growth Avenue for Credit Unions

Small Business Lending: A Strategic Growth Avenue for Credit Unions

by Devon Wilson | May 7, 2024 | Credit Union Solutions, Marketing, Web Loan Applications

One of the consistent challenges of credit unions across the country is how to attract new members and enhance their deposit base. Given that boomers and Gen Xers, the two generations who own about 85% of U.S. small businesses, are likely already members, small...
Embracing Gen Z: The Future Credit Union Generation

Embracing Gen Z: The Future Credit Union Generation

by Devon Wilson | Apr 4, 2024 | Credit Union Solutions, Marketing, Web Loan Applications

The future of financial institutions is on the brink of a massive transformation. The primary catalyst? Generation Z. This digitally native, socially conscious, and the most diverse generation in history is set to redefine the banking landscape. For credit unions, the...
The Future of Commercial Lending: 2024 and Beyond

The Future of Commercial Lending: 2024 and Beyond

by Devon Wilson | Mar 7, 2024 | Credit Union Solutions, Marketing, Web Loan Applications

The Mortgage Bankers Association (MBA) has recently announced a promising outlook for commercial lending, predicting sustained growth into 2025. This optimistic forecast anticipates a 25% increase in loan originations secured by commercial real estate, reaching $717...
2024 Industry Forecast: Expert Insights on the Future of Credit Unions

2024 Industry Forecast: Expert Insights on the Future of Credit Unions

by Devon Wilson | Feb 8, 2024 | Credit Union Solutions, Leadership, Marketing, Member Service Representatives

As we step into a new era of technological advancements and innovation, the financial industry, particularly credit unions, is poised for significant transformations. To gain insights, we turn to the predictions of fintech and credit union experts who have been...
The Role of Artificial Intelligence & Machine Learning in Credit Union Operations

The Role of Artificial Intelligence & Machine Learning in Credit Union Operations

by Devon Wilson | Jan 4, 2024 | Credit Union Solutions, Leadership, Marketing, Member Service Representatives

Artificial intelligence and machine learning are rapidly becoming integral tools and key credit union strategies. Their evolving nature and wider acceptance are key in tackling complex challenges, leading to substantial returns across various business aspects. At IMS...
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