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Homeownership and Savings Struggles, But There’s New Hope

As we’ve passed the one-year mark into this global pandemic, we are now beginning to see the full scope of the damage it has done financially. According to a survey conducted by Real Estate Witch, 43% of respondents currently don’t have any emergency savings. As for those who do still have some savings stashed away, a […]

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 […]

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 […]

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