Search
Close this search box.
Linkedin-in
Get in Touch
Search
Close this search box.
Linkedin-in
Get in Touch

Credit Unions at the Crossroads in 2022

Contact Us

Credit unions have always offered personalized customer service—but is that enough to survive in an age of digital ascendancy and pandemic uncertainty?

Listen to the latest podcast from Bankadelic: The colorful side of finance featuring Curinos’ own Randy Rosen to learn what is ahead for Credit Unions in 2022.

Bankadelic: The colorful side of finance · EPISODE 73: CREDIT UNIONS AT THE CROSSROADS IN 2022

You May Also Like

Latest Insights

Insights, Mortgage Hot Topics

Mortgage Hot Topics by Curinos

According to Curinos, new proprietary application index, refinances are ...

According To The Data, Insights

The $900M Question: Have You Been Attracting New Dollars This Year?

In an era in which "personalization" is often just a buzzword, one bank ...

According To The Data, Insights

Nowhere is the mortgage shakeout more apparent than in the wave of mergers and acquisitions that have washed across the industry ever since interest rates started to rise. And that wave is occurring even though credit trends aren’t deteriorating significantly. Courageous buyers view the upheaval as an opportunity to enter new markets and then cut costs from overlapping operations. As these are early days, it is unclear whether these classic strategies to grab market share will ultimately succeed. If economic conditions deteriorate and credit trends weaken, some lenders may experience buyer’s remorse. What’s clear is that the industry’s trends aren’t showing any signs of recovery, with volume down 53.3% year over year. Market trends are showing lower weighted average FICOs (dropping from 760 to 745), higher LTVs (increasing from 72% to 81%). Both metrics are associated with a move away from the refinance boom and toward a stronger purchase market. This means that buyers can’t rely on new geographies to guide them to better times. Instead, lenders will need to keep charging ahead with efforts to optimize margins by using granular pricing strategies. They also must have a clear retention strategy for their mortgage servicing portfolio because recapture will represent a significant opportunity when rates start to come back down.

Lower Rates Are Prompting Changes To Mortgage Servicing

Since the start of 2023, nearly 40% of mortgages have locked in to rates...

Want to go further?

Contact us to learn more about how Curinos can help you navigate today and prepare for tomorrow.

Our Solutions

Intelligent Data
Comparative Analytics
Optimization Platforms

Link Title

Who We Help

Retail & Commercial Banks
Mortgage Lenders
Credit Unions
FinTechs
Insurance Providers

Our Company

Meet the Team
About Us
Careers
Contact Us

Subscribe

Join Our Newsletter

Follow Us

Linkedin-in
© 2024
Privacy Policy  |  Terms & Conditions  |  Cookie Policy  |  Sitemap

Our Solutions

Comparative Analytics

Comparative Analytics

Curinos’ suite of comparative analytics solutions provide cross balance sheet insight to capture performance levers and drive growth.

Commercial Analyzer
Commercial Digital Analyzer
Compliance Analyzer
Digital Banking Analyzer
Distribution Analyzer
eBenchmarkers Analyzer
LendersBenchmark Analyzer
LendersBenchmark Analyzer For Small Business Lending
Lenders Margin Analyzer
Marketing Analyzer
Retail Deposit Analyzer
Small Business Deposit Analyzer
Treasury Analyzer
Wealth Analyzer
Optimization Platforms

Optimization Platforms

Drive optimization across personalization and portfolio management and capture sustainable improvement to your go-to-market strategy.

Amplero Personalization Optimizer
Commercial Optimizer
Deposit Optimizer Essentials
Distribution Optimizer - Canada
Distribution Optimizer - US
Lenders Optimizer
Profitability Optimizer
Retail Deposit Optimizer
Intelligent Data

Intelligent Data

Unparalleled data derived from primary and secondary sources to enhance day-to-day decision-making.

Lending Pricing Data
Retail Deposit Pricing Data

Need to contact a specific team?

Sales Inquiries:
Sales@curinos.com

Accounts Payable Inquiries:
CurinosAP@curinos.com

Media Inquiries:
Curinos@cognitomedia.com

Who We Help

Financial Institutions

Financial Institutions

Retail & Commercial Banking
Independent Mortgage Banks
Small Business Solutions
Credit Unions
Fintechs
Insurance Providers
Partners
Advisory

Need to contact a specific team?

Sales Inquiries:
Sales@curinos.com

Accounts Payable Inquiries:
CurinosAP@curinos.com

Media Inquiries:
Curinos@cognitomedia.com

Insights

Curinos Review

Curinos Review

Summer 2024
Spring 2024
Winter 2024
Fall 2023
Summer 2023
According To The Data

According To The Data

Concise, visual and insightful – each According To The Data post offers timely and relevant information to keep you informed about key industry trends and help you make better business decisions.

All Series Posts
Curinos Perspectives

Curinos Perspectives

The Curinos Perspective is your go-to source for thought leadership articles on important themes in financial services.

All Series Posts
Insights by Author

Need to contact a specific team?

Sales Inquiries:
Sales@curinos.com

Accounts Payable Inquiries:
CurinosAP@curinos.com

Media Inquiries:
Curinos@cognitomedia.com

Our Events

Events
Webinars

Need to contact a specific team?

Sales Inquiries:
Sales@curinos.com

Accounts Payable Inquiries:
CurinosAP@curinos.com

Media Inquiries:
Curinos@cognitomedia.com

Our Company

Our Story
Meet The Team
Life At Curinos
Work With Us
Contact Us

Need to contact a specific team?

Sales Inquiries:
Sales@curinos.com

Accounts Payable Inquiries:
CurinosAP@curinos.com

Media Inquiries:
Curinos@cognitomedia.com

Let's start a conversation...

Maximize your small business
lending performance.

Read Now