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Slow and Steady Auto Loan Growth And Improving Quality

Despite the COVID-19 pandemic, auto loan growth is making a comeback. In a recent Callahan and Associates analysis reported in Credit Union Times, compared with the third quarter of 2019, total auto lending grew 1.2%, or $4.5 billion, to $382.7 billion outstanding. As the economy reopened in the third quarter of 2020, growth has begun to […]

Building Your Marketing Strategy for 2021

Beginning in the spring of 2020 as the world went into lockdown, financial marketers quickly shifted to digital platforms. Marketing budgets in the new year have shifted toward creating and improving digital outlets, such as mobile apps and websites. In fact, according to survey from Fi-Grow, 56% of organizations experienced some impact to their budget due […]

Holiday Payment Trends Credit Unions Can’t Ignore

Black Friday and Cyber Monday have come and gone, and there’s not much time left for holiday shoppers to buy gifts for their family and friends. With that said, this year’s holiday shopping season has been very different due to the global pandemic, and the way consumers are shopping and when has changed. According to a […]

Integrated Marketing: What Your Credit Union Needs to Know

Marketing to consumers the way they want to receive information is more important than ever. The Loan Lead Generator hosted a webcast last week focused on this critical topic for credit unions. We covered various forms of marketing and how all of it applies to the current economic environment. Here is a rundown of the […]

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