First mortgage portfolio niche lending: Current trends and opportunities

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First mortgage portfolio niche lending: Current trends and opportunities From our Partner, CUNA Mutual Group By Chris Perry with MGIC and Josh Ley, CUNA Mutual Group Are you making the absolute most of your ability to portfolio lend? We have already seen a dramatic increase in mortgage rates from the historic lows of the past […]

Beneficial Tips, Great information Provided at 2022 Annual Summit

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Beneficial Tips, Great information Provided at 2022 Annual Summit Our two-day Credit Union Summit at the beautiful Davis Conference Center consisted of dynamic speakers presenting on a variety of topics to credit union executives, management, staff, and volunteers. With over 500 attendees and 30 exhibitors and sponsors, the summit fostered great discussion, networking and information. […]

Credit Union Founding Fathers: Edward Filene

Credit Union Founding Fathers: Edward Filene Born September 3, 1860 to German Jewish immigrants, Edward Filene was best known as a fair businessman and the father of the U.S. credit union movement. Filene attended high school in Lynn, Massachusetts, and worked in his father’s store evenings, weekends, and summers. In 1881, when he was 21 years […]

CDFI Certification Turns Financial Inclusion Values into Action

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CDFI Certification Turns Financial Inclusion Values into Action From our partner, CUNA Mutual. By John CassidyDirector of Credit Union System RelationsCUNA Mutual Group While the pandemic shined a bright light on a number of latent societal issues, financial inequity was one of the most pertinent for credit unions. Driving right at the heart of the […]

Cryptocurrency: Educating Yourself

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Cryptocurrency: Educating Yourself When it comes to new information in the financial world, it is always good to keep yourself educated. Cryptocurrency is no exception. What is Cryptocurrency?A Cryptocurrency is a medium of exchange that is digital, encrypted and decentralized. There is much to learn about cryptocurrency. Below are a few resources:  Forbes – What is […]

Philosophy in Action awards submissions now open

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Philosophy in Action awards submissions now open Each year the CUNA Awards honor the soul of the credit union movement and showcase people doing remarkable things. Each one of the achievements recognized shows credit unions’ desire to make the world a better place. Each award honors the name of a credit union pioneer and the spirit […]

Emerging Risk Outlook: Keep Ahead of Trends and Issues

Risk Management

Emerging Risk Outlook: Keep Ahead of Trends and Issues From our partner, CUNA Mutual. Innovation, employee experience and evolving consumer preferences are changing the financial services landscape. This includes the way financial products and services are delivered. Many credit unions are exploring ways to address the changing landscape, to increase efficiencies, grow their reach and […]

2021 Q4 Financial Report Released

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2021 Q4 Financial Report Released The year-end Call Report figures show that Utah credit unions continue to perform well as their balance sheets and income statements inch toward pre-pandemic norms. Utahns continue to value services offered by their credit unions, as demonstrated by the continued growth in average member relationship, and increased penetration levels in […]

2022 Utah Legislative Update

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2022 Utah Legislative Update During the legislative session we spent a lot of time at the capitol meeting with policy makers and monitoring bills to ensure credit unions were part of the conversation and not dragged through the mud. Here are a few items of note: We worked with legislators to get carved out of […]