Blog
Stay up-to-date with the latest developments in credit unions and how they can impact your financial future.
Green Lending: A Golden Opportunity For Credit Unions
Green lending represents a valuable opportunity that can no longer be overlooked. As an industry expert in providing tailored solutions for credit unions, IMS Integration is at the forefront of this transformation.
Embracing Gen Z: The Future Credit Union Generation
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.
Relationship Banking: Empowering CU Members During Economic Uncertainty
As the economy faces increasing uncertainty, the importance of relationship banking cannot be overstated. In times of financial instability, customers seek reassurance and guidance from their primary financial institutions. Relationship banking, which focuses on building and maintaining long-term connections with clients, becomes crucial for both customer retention and new customer growth. In this article, we will explore the benefits of relationship banking during economic uncertainty and discuss strategies that banks and credit unions can employ to strengthen customer relationships.
The Future of Commercial Lending: 2024 and Beyond
Over the past few years, commercial lending has experienced a significant rebound, driven by favorable market conditions and increased demand from businesses. As the global economy recovers from the impact of the pandemic, businesses are seeking capital to expand, invest, and seize new opportunities. This resurgence is expected to continue well into 2025, creating a favorable environment for lenders.
Credit Union Strategies for Empowering Small Business Growth
In recognizing and adapting to the growing importance of SMBs, credit unions can develop innovative approaches and strategic partnerships to meet these evolving needs. Let’s explore how credit unions can effectively leverage this opportunity and build lasting relationships with the small business sector.
2024 Industry Forecast: Expert Insights on the Future of Credit Unions
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 closely monitoring the industry’s evolution. Let’s explore the key trends and advancements that are likely to shape the future of credit unions in the year 2024.
Preventing Delinquencies: Credit Union Strategies & Small Business Resilience
In the current economic climate, small businesses are crucial, employing nearly half of the workforce. Yet, they face significant challenges, particularly in cash flow management, which can ripple through to credit union members, impacting their financial health. For credit unions, this presents an opportunity to strengthen their commitment to members by adopting strategies to avert delinquencies and offer support in these unpredictable times. Explore credit union strategies and insights on small business resilience with the IMS Integration team.
The Role of Artificial Intelligence & Machine Learning in Credit Union Operations
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. Let’s explore some pivotal ways credit unions are harnessing the power of artificial intelligence and machine learning this year and beyond.
Planning for 2024: 8 Credit Union Strategies
The financial services industry has experienced significant changes and challenges in recent years, and credit unions are no exception. As we look ahead to 2024, credit unions need to be prepared for the trends and developments that will shape the industry. By...
Key Traits of Strategic Credit Union Leaders
In a world of financial uncertainty and ever-changing market dynamics, credit unions need leaders who can navigate the choppy waters with strategic prowess. These individuals possess a unique set of characteristics that distinguish them from the average manager. From...