Credit Unions Bulk Up in Commercial Lending and Home Equity, Along with CDs
Loan growth is such a strength for credit unions that they are outpacing banks. But the top federal regulator warns about heightened risks.
Loan Growth
Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans that generate interest income.
NCUA Chief’s Top Worries: Deposit Pressure, Loan Pricing and Fintech Partnerships
The National Credit Union Administration chairman discusses new regulations, worrisome lending trends, fintechs and more in a wide-ranging interview.
Where to Look for Value in the Fintech Wreckage
Fintech lenders, payment specialists and neobanks could make attractive acquisitions. But it's bank buyer beware, not an M&A spree.
Embedded Finance Fuels Growth in Choppy Economy — Here’s How to Start
As an 'invisible' partner to nonbanks and fintechs that want to help customers with their financial needs, your bank gains new places to offer its services. A McKinsey expert lays out an action plan.
How Auto Lenders Can Help the Growing Ranks of Troubled Borrowers
Car buyers are struggling even more than current delinquencies suggest, J.D. Power research shows. Lenders must proactively offer solutions.
2023 Consumer Loan Trends: High Demand, Rising Delinquencies
Get a detailed overview of the credit card, personal loan and home equity sectors in 2023 and find out how big banks view these opportunities.
How Banks Can Avoid Losing Small-Business Loans to Fintechs
Fighting back against nonbanks like LendingClub and Funding Circle means adopting some of their digital tactics. But the benefits are many.
2023 Forecast: Auto Lending Will Rev Up — But at a Price
As inventories bounce back, pent-up consumer demand will get auto lending revving. But a likely recession will hurt credit performance.
Timely Advice Beats a Rate-Only Mortgage Lending Strategy
Higher rates have commoditized mortgages more than before. To stand out, lenders must provide guidance to borrowers early in home shopping.
Green Finance Is Key Growth Opportunity for Banks in 2023
Sustainable banking is moving past its early days and 'greenwashing.' A business case can be made and many banks will need the income soon. Here's how to fit it in.
Ad Campaign Uses Segmentation to Fuel Big Loan Jump
Does customer segmentation work? Apparently so — a 240% lift in loans won over this financial institution in Washington state.
Solving the Mortgage Lending Challenge Through Smart Automation
Mortgage lenders can use the current slump to upgrade their technology and help unlock their teams' full potential, improving efficiency.
What Big Banks Say About Inflation, Recession & Credit Trends
Rising rates and inflation have had an impact, but it's sometimes positive for banking. Precautions for a recession are underway.
Details of Unusual Fintech Loan Partnership Between Alliant and Upstart
Arrangement offers traditional lender extensive digital marketing reach supported by artificial-intelligence-driven credit evaluation.
Good Lending CX Is a Key Driver of Growth & Retention at Banks
To counter the appeal of nonbank lenders, financial institutions must change loan repayment from a utility into a competitive strategy.
Why Banks Need Real-Time Loan Data to Survive a ‘Credit Recession’
In an economic downturn, better loan decisioning is crucial — both to reduce risks, and to meet customer expectations for fast approvals.
One Credit Union Axes All Fees: Bold Strategy or Big Mistake?
The institution is eight months into a huge gamble based on a deep analysis of customer data. Here's why they believe they'll win.
How Banks Can Take Back Loan Share from Alternative Business Lenders
Fintechs brought fast digital credit decisions to SMBs. New tech and an understanding of today's market can help banks reclaim the advantage.
How Tech Helps Mortgage Lenders Soften Inflation’s Blow
Loan growth is a hot topic right now as financial institutions struggle to keep up with the impact of inflation and digital competition.
How Housing Market Deterioration Will Disrupt Home Lending
Goldman Sachs predicts continued fall in both home sales and prices, hitting both mortgage and home equity lending hard.
A Four-Step Strategy for Implementing a New Loan Origination System
For banks and credit unions, choosing a loan origination system is only a start. Taking it live requires attention to key checkpoints.
Rocket to Offer Financial Institutions Mortgage-as-a-Service
Q2 and Rocket Mortgage announce collaboration on a mortgage-as-a-service solution that integrates digital simplicity and human engagement.
