Credit Union Insights
2024 Real Estate Outlook
Tis the season, so with all due respect to Charles Dickens, 2023 was A Tale of Two Economies. A declining stock market until it wasn’t and climbing interest rates until they weren’t — all of which impacted commercial real estate. A compelling new real estate report sheds light on what direction credit unions and regional banks may want to take portfolio-wise in the coming year.
The Rebellious CEO
Many organizations do financially fine by relying on practices deemed “tried and true.” But sometimes, visionary executives emerge that re-define success and lead their organizations in ground-breaking and remarkable ways. A new book profiles twelve of these “rebellious” leaders.
Is Sale/Leaseback Right for You?
With interest rates high and still rising, more and more financial organizations are turning real estate holdings into low-cost cash generating assets.
Meeting of the Minds: The 2023 MAXX GoWest Conference
A recent credit union conference was a reminder of the special role that CU’s play in the communities they serve.
Intelligence is not Artificial
Artificial Intelligence is a powerful tool for the banking industry. But the ultimate value of its future impact will depend on the questions it is asked.
Marketing Matters
Navy Federal Credit Union is the industry’s largest CU thanks, in large part, to its marketing efforts. But even without Navy Federal’s ample budget, every credit union can grow its business with the right marketing strategy driven, first and foremost, by research.
CDFI’s – The Magical Map to Success
Far too many people struggle to access credit that can be a gateway to a better life and stronger community. Slowly, more and more credit unions are turning the key to prosperity through certification to the CDFI Fund.
Brand Confidence Begins at the Branch
While improving service through technology is vital, it is not the only priority for re-assuring members that your credit union is well-funded and viable. Branch quality remains a key strategy for delivering the message that your organization is strong, capable and focused on the future.
CUSO’s, Capital and the Culture of Credit Unions
During these uncertain times, raising capital is no easy task, even for the banking industry. Fortunately, through the collaborative nature of CUSOs, credit unions have a unique resource to help turn real estate assets into a pathway for greater liquidity and growth.
Still Banking on Branches
Silicon Valley Bank (and others), inflation, fed interest rates and future job uncertainty are all fueling concerns about and within the banking industry. Yet, in the face of all this uncertainty, credit unions and community banks are still expanding their branch networks. Why? And are they going about it in the right way?
Credit Union Real Estate Decisions: Branching Better
Despite all the gloomy pandemic (and post-pandemic) predictions, credit unions from coast-to-coast are bullish on branches.
Your People, Your Workspace, Your Future
Nearly every firm we know has — or is in the process — of evolving their workplace in order to recruit and retain key talent and grow their business.