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