Strategic Priorities Meet Economic Reality

Strategic priorities meet economic reality

In the face of economic uncertainty and rising operational costs, growth and resilience are critical for credit unions. To achieve this, many are strategically aligning their priorities accordingly. Jack Henry's 2025 Strategy Benchmark report cites the top three priorities for credit unions over the next two years as: Increasing operational efficiency: With growing non-interest expenses and loan-loss provisions putting pressure on net income, i…

In Deep with Credit Card Defaults? So Is The Rest of the US

As credit card defaults soar to alarming heights, consumers are scrambling to reinvent their financial playbooks. Credit card defaults have surged in 2025, hitting the highest levels in over a decade. These defaults force a complete rethinking of how people handle spending, borrowing, and managing their money. With inflation continuing to drive up costs and interest rates remaining stubbornly high, keeping up with credit card payments has become…