Monday, November 3, 2014

4 credit unions' excellent lending programs highlighted at CUNA Lending Council luncheon

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We celebrate the credit union industry's Consumer and Business Lending excellence through these 4 shining examples.

Winning CUNA Mutual Group's and CUNA Lending Council's Excellence in Lending Awards at the CUNA Lending Council's 20th annual conference are:

Carter Federal Credit Union
Shreveport, La.
$230,000+ million in assets; 30,000+ members
Consumer Lending, Less than $250M in Assets
Why they won: Significantly grew more profitable direct lending program while maintaining a moderate indirect lending channel. Click image to view short video about their program.

Clearview Federal Credit Union
Moon Township, Penn.
$900 million in assets; 86,000 members
Consumer Lending, More than $250M in Assets
Why they won: Revamped home equity products that are flexible and priced more competitively. Click image to view short video about their program.

Numerica Credit Union
Spokane Valley, Wash.
$1.3 billion+ in assets; 103,000+ members
Business Lending
Why they won: Hired experienced commercial loan officers and credit personnel; purchased software to set for more home-grown business lending. Click image to view short video about their program.

Highmark FCU 
Rapid City, S.D.
$95 million+ in assets; 9,500+ members
Business Lending
Why they won: Investing in employees and technology, as well as adding a personal touch to its focus on small businesses and ag producers. Click image to view short video about their program.

 Full News Release here