How Credit Unions Can Provide Financial Wellness

Credit union financial wellness with paperwork and cu 2.0

With mounting consumer debt, rising delinquencies, and a slowing economy, credit union members are about to feel a pinch. And, while being money-wise won’t help as much as a bigger paycheck, it can make a lifelong difference for many. Credit unions are the institutional embodiment of community financial wellness. But are they doing enough to […]

Tailwind and Custom Software Development for Credit Unions

Tailwind custom software development for credit unions from cu 2.0

Credit unions are known for many things: Member service, great rates, community involvement, and a lot of heart make the list. Yet there’s a dark side, too: Credit unions experience heavy regulations, tight budget requirements, lighter staffing, and a lack of tailor-made solutions, for example. Consequently, credit unions often lag behind fintechs and banks, technologically. […]

Open Banking Solutions and Credit Union Collections

Open banking solutions fintech and credit union collections from cu 2.0

For several years throughout the pandemic, delinquency rates were low. And by low, we mean low low. However, in 2022, we’re starting to see signs that delinquencies are charge-offs are increasing. Of course, there are numerous factors about why delinquencies are rising. And there are many ways that credit unions can support their members as […]

CXM for Credit Unions: What It Is and Why You Need It

Credit union cxm with ovation cxmengine from cu 2.0

After visiting a branch to discuss finances, one of your members decides they need a new product—let’s say it’s a credit card. They get home and go to your website to explore their options. After they find what they’re looking for, they begin the application process on your mobile app. But wait! Something goes wrong… […]

Housetable and Fully Digital Home Improvement Lending

Housetable home equity loan based on value after renovation for credit unions from cu 2.0

This is America. We have various but predictable wants. Whatever we want, we want it more, better, and faster. Fortunately, those adjectives are also the keys to growth and innovation. More, better, and faster perfectly encapsulates everything about housing in the last few years… and now, more, better, and faster describe the demand for home […]

Credit Unions, Revival Homes, and Funding ADU Construction Loans

Revival homes ADU construction loans for credit unions from cu 2.0

It’s not exactly news to say that California is dealing with a housing crisis. For decades, housing demand in the Golden State has outpaced supply, particularly in its major cities and suburbs. Local opposition to housing growth and restrictive zoning codes have made it challenging for builders to meet housing demand – and the result […]

Credit Unions, Gen Z, and Harness Giving

Harness giving for credit unions and gen z values from cu 2.0

Quick note—the premise of this blog is based on Gen Z, but the fintech in question—Harness FI, connected to Harness Giving through its parent company Harness—isn’t built around Gen Z appeal. Millennial and Gen Z loyalty is not easily earned. Politically involved and environmentally conscious, these younger generations have high standards for companies. At the […]

Questions to Ask Data Analytics Providers (for Credit Unions)

Data analytics for credit unions from arkatechture and arkalytics and cu 2.0

There are many different uses for data analytics at credit unions. And, it seems, there are as many data analytics providers as there are uses. We believe this is a good thing. However, we understand that the plethora of vendors can make it hard to find the right one. Moreover, even reviewing our data analytics […]