The beginning of the twenty-first century has been characterized by accelerated technological innovation and extreme competition.
To stay relevant and profitable, credit unions must swiftly adapt to today’s rapidly changing environment by breaking away from the traditional financial services business model. And with the drivers of change putting downward pressure on net interest margin and upward pressure on operating expenses, more attention must be paid to generating sources of non-interest income.
This is where we come in. CDC can help you transition to a new, financially sound business model by delivering horizontally integrated mortgage lending, small business services, title insurance and real estate brokerage services through a cooperative network – providing your credit union with a significant source of both interest and non-interest income.