Digital Lending Blog

News and insights from the leading digital lending solution

Digital Lending Blog

News and insights from the leading digital lending solution

Insights

what to expect in 2025 for credit unions

New Year, New Administration: Same As It Ever Was?

With the New Year beckoning a new political administration, LendKey spoke with John McKechnie—a nearly 40-year veteran of Capitol Hill, the credit union system, and a seasoned lobbyist—about what credit unions can expect in 2025. Here are his top three takeaways.

Featured image for “New Year, New Administration: Same As It Ever Was?”
Featured image for “The Clock Is Ticking: Credit Unions Can Help Struggling Borrowers”
Featured image for “Year-End Balance Sheet Strategies for Credit Unions and Community Banks”
Featured image for “Five auto lending trends credit unions should track in Q4”
Featured image for “Credit Unions and the Hispanic Community: A Path to Mutual Growth”
Featured image for “Top 5 Ways Navy Federal’s Auto Lending is Winning with Members”

News

Image
Image

May 6, 2024

10 Best Student Debt Solutions for 2024

Student loans allow more individuals to realize their educational, occupational, and financial potential. But high student debt payments after graduation…

Barb Romito

Top 25 Lending Technology Companies
Image
Image

March 27, 2024

The Role Lending Can Play in Savings

During a session on “Deposit Growth and Retention Strategies in a Falling Rate Environment” at America’s Credit Unions Strategic Growth…

Michelle Asher

One person handing a Compliance binder to another

10 Best Student Debt Solutions for 2024

Student loans allow more individuals to realize their educational, occupational, and financial potential. But high student debt payments after graduation can reduce financial flexibility and discourage many from taking full advantage of their credentials.

Top 25 Lending Technology Companies

The Top 25 Lending Technology Companies of 2024

The Financial Technology Report is pleased to announce The Top 25 Lending Technology Companies of 2024. From consumer credit and cryptocurrency to small business loans, the fintech sector is experiencing a spur of innovation in part driven by advancements in AI. This wave of progress has driven both startups and legacy companies to introduce new solutions in consumer and business banking. The companies being recognized on this year’s list have consistently demonstrated an ability to anticipate and adapt to evolving trends and to offer market leading solutions to their customers.

Ent CU sells $54M loan pool through LendKey’s ALIRO platform

Ent Credit Union said Tuesday it has sold $54 million in unsecured personal loans to an institutional investor. Ent ($9.8 billion in assets, 533,480 members), headquartered in Colorado Springs, Colo., has raised cash and helped reduce its loan-to-share ratio through loan sales. LendKey, a Cincinnati company that offers digital network lending, facilitated the $54 million whole loan portfolio sale, which closed in March through LendKey’s ALIRO loan trading platform.

The Role Lending Can Play in Savings

During a session on “Deposit Growth and Retention Strategies in a Falling Rate Environment” at America’s Credit Unions Strategic Growth Conference, Vince Passione, CEO and founder of Lendkey, noted credit union core deposits saw record growth in 2023.