How many direct auto loans do you preapprove for members? Aaaaand how many of those members end up with dealer financing?
Dealer financing won’t be terribly advantageous to the member. Any former car salesman will tell you that financing is where they really make their money. And it’s also where you lose it!
So, let’s dig into a new CUSO, Loanify, to see how they help credit unions grow their loan portfolios… and help members get better deals on their cars.
Continue reading “Growing Your Direct Auto Loan Portfolio with Loanify” →
When I first started writing for credit union audiences, I was nervous. I could talk about technology, but I’d never worked in a financial institution before.
And then I learned that most credit unions weren’t yet on the cloud.
Continue reading “On the Cloud? Get SaaS Optimization ASAP!” →
At CU 2.0, we think that marketing automation is necessary for any organization that cares about digital engagement. It’s why we recommend it to every credit union:
Continue reading “Marketing Automation for Credit Unions: It’s Total Expert vs Everyone” →
Early last year, I caught a cold. It was mere weeks after the first handful of COVID-19 cases were reported in our city. You can imagine how I felt.
Continue reading “Credit Union Succession Plans: Not All Disruption Is Digital” →
My partner and I would like to buy a house. We’re both Millennials in our 30s and we make enough money to dream about buying a home sometime soon. The problem is that a small fixer-upper where we live costs well over $300k.
Continue reading “Modernizing the Borrower Experience with Nonbank Mortgage Servicers like Valon” →