News and Articles
2305, 2023
Credit Unions Bracing For Delinquency Surge
Over the past year, credit unions in the United States have experienced considerable growth, even in the face of macroeconomic challenges. Credit unions are not-for-profit, member-owned financial cooperatives that aim to provide their members with affordable, high-quality financial services. With their focus on people, not profits, and their commitment to community development, according to NCUA, the credit union system’s net worth increased by $21.4 billion, or [...]