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Credit Union’s New Lending Strategy Brings Unexpected Benefits Beyond Loan Growth
Sandia Laboratory Federal Credit Union, Albuquerque, N.M., thought its switch to CU Direct’s CUDL platform would help the credit union provide more convenience to its existing members who were looking to buy a car. But what the credit union didn’t anticipate was a dramatic surge in new memberships. SLFCU was founded in 1948 by 15…
The Prospects of Change
Published in Lending, Lending Advisory Services, Lending Insights, Portfolio Management, Risk Management
This is graduation season. Over the past two weekends, I’m proud to have had the opportunity to celebrate college graduations for my youngest two daughters. It has certainly been hectic, as these graduations were at two different schools — in two different states, but it is truly a blessing to know that I have completed…