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Top News In Pinnacle Credit Union Today - Breaking & Trending Today

Credit unions face historic pressure to make loans

Two years since the coronavirus began its spread, members are still hoarding savings and are hesitant to borrow due to the economic uncertainty. This has led to the industry's lowest-ever yield-on-assets ratio a key metric for measuring financial health. ....

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Credit unions hedge bets as auto industry rebounds

There's a lot of pent-up consumer demand for new cars, but credit unions face stiff competition from large banks and online dealerships. Some are stepping up marketing while others are eyeing new loan categories. ....

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Credit union ads take aim at 'big-bank bullies'. Why now?

The National Association of Federally-Insured Credit Unions' new campaign highlights $243 billion in fines slapped on Wall Street banks. The group says it's responding to political attacks, but the banking industry says NAFCU is trying to distract from criticism of its tax exemption. ....

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Lenders hunker down in response to spread of delta variant

Lenders hunker down in response to spread of delta variant
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Navy Federal keeps adding members, and rivals struggle to keep up

Navy Federal keeps adding members, and rivals struggle to keep up
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