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Home » PODCAST: Hot topics in lending
Lending Podcast

PODCAST: Hot topics in lending

Auto lending, millennial members, MBL changes keep CU lenders busy.

January 20, 2017
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Bob Stowell

What’s on the minds of credit union lenders today?

A number of issues, says Bob Stowell, chair of the CUNA Lending Council executive committee, and senior vice president/chief strategy officer for Firefly Credit Union in Burnsville, Minn.

 

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Some hot topics, Stowell tells the CUNA News Podcast, include:

  • Projected decreases from the “phenomenal” auto lending market of the past few years;

  • Millennials taking longer than previous generations to get married, start families, and buy homes;

  • New member business lending rules going into effect; and

  • The need to create faster loan processes to compete with new lenders in the marketplace.

Stowell also shares the story behind his credit union’s recent name change.

You can listen and subscribe to the CUNA News Podcast in Apple's iTunes Store, Google Play, and Stitcher Radio.

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