SEATTLE—Credit unions should brace for a big battle for deposits this year, says one analyst.
Credit Union Growth Strategies
You know the saying: “Grow or…!” If you can’t complete that sentence, well, we’ll try to remember to send flowers. CUToday.info is dedicated to helping CUs grow by providing a little “mulch” in the form of reporting on successful growth strategies. This section will be a growing depository of such reporting on a variety of topics. Have an idea to share? Drop an email to Frank@CUToday.info.
LAYTON, Utah—One expert is predicting that in 2019, the cloud for CUs will become as ubiquitous as high-speed Internet.
HAUPPAUGE, N.Y.—One auto industry expert is advising more credit unions to offer leasing as a means to keep the auto loan portfolio growing at a time when new vehicle sales are declining.
MADISON, Wis.—A trio of market realities is putting pressure on CUs to deliver an exceptional digital experience to members in 2019, says one expert.
CHESTERFIELD, Mo.—What does 2019 hold for credit unions in 2019 when it comes to branching?
ST. PETERSBURG, Fla.—Credit unions in 2019 should focus on three key areas, says PSCU—one of which may be most critical of all.
AUSTIN, Texas—Instant property reports are expected to be high on credit unions’ wish lists for 2019, says FirstClose.
FRANKLIN, Tenn.—Should credit unions outsource their data analytics needs to a third party?
HOUSTON—The coming changeover to a new Windows operating system for ATMs is forcing many credit unions to take a hard look at their capital expenditure options this budget season, says Dolphin Debit.
MILWAUKEE—When it comes to design and build decisions for 2019, credit unions will need to be focused on the credit union “experience”–for their members, employees and communities, says La Macchia Group.