Knowledge

Top Digital Banking Solutions Credit Unions Should Consider in 2023

Every new year brings new innovations in the financial services space. So, now’s the time – before competitors beat you to the punch – to reassess if members’ digital needs and preferences are met for 2023.  In today’s ever-evolving environment, if credit unions...

Must-Attend Credit Union Conferences in Q1 2023

Credit union conferences are a great place for CU professionals to gain inspiration, stay up-to-date with the latest industry trends, and learn about new services and tech impacting credit unions.  Luckily, there are some highly recommended credit union conferences...

Lending a Helping Hand: Extensia’s Amy Miller

Extensia Financial is proud our team includes some of the most seasoned and service-oriented CUSO professionals in the industry. In our first installment of “Lending a Helping Hand,” we’re honored to introduce to you a newer staffer, one who has been in the financial...

When Members Win, Credit Unions Win

As you now well know, credit unions have the upper hand over larger financial institutions in the most impactful of ways. Given their lower fees, better savings rates, superior customer service and greater personalization with financial products, the benefits are...

Benefits of Being a CRE Entrepreneur

November is National Entrepreneurship Month, a celebration of all the risk-takers and go-getters who push their ideas forward and hedge their bets on themselves. There are obviously so many kinds of entrepreneurs and businesses in which they operate. But today our...

How Credit Unions Benefit from Cannabis Real Estate Lending

With the current economic volatility and interest rates rising, it’s important credit unions monitor the risk levels of their lending portfolios and prioritize diversification of their assets. There are many ways CUs can diversify their portfolios, but one in...

Top 5 Credit Unions for Veterans

In honor of Veteran’s Day, we’re highlighting the top credit unions for veterans. These military-focused financial institutions provide personalized financial services and products that benefit vets in a way national banks simply do not.  Since credit unions for...

Real Estate Stocks: Best REITs to Invest In

Any seasoned commercial real estate investor understands the power of diversifying their portfolios with real estate stocks. This is especially true as we head into a potentially volatile and unknown economic environment and real estate market. As a result, many...

The Best Sources for Credit Union News

Here’s a Look at the Top Credit Union Publications & Sources for CU News & Industry Updates Credit union leaders and employees do their best to serve their communities and leverage their expertise to provide fair and equitable financial services to their...

CRE Lending Risk Management: 5 Helpful Steps

October 17-21 is Risk Awareness Week, so there’s no better time for credit unions to reflect on their risk assessment practices for commercial real estate (CRE) lending. This includes what their risk appetite is given the current financial climate. Brianna Vaughan,...

SBA Disaster Loan: Hurricane Ian Relief for Small Businesses

Following the devastation of Hurricane Ian, thousands of small businesses and commercial real estate investors are scrambling to get back to normal and restore operations.  The good news is that the Small Business Administration (SBA) has a program to provide disaster...

Extensia Loans Help Commercial Investors Plan for the Future

October is Financial Planning Month, making it the perfect time for commercial real estate investors to assess their portfolios and identify areas for growth. No matter the portfolio, there are likely areas to diversity, and right now commercial real estate is the hot...

How NCUA & CUNA Support Credit Unions

For credit union leaders and professionals who are looking to sharpen their skills and better serve their members, there are a number of organizations out there that can help.  Including legislative advocacy, member protection regulations and industry-leading...

Credit Union Conferences 2022: Exciting Events Still to Come

Here’s a Look at the Top 5 Credit Union Conferences to Close Out 2022 As summer winds down and we look ahead to Q4, there is still an incredible amount of value that credit union professionals can gain by attending the CU conferences being held the rest of the year....

Top 5 School Credit Unions for Teachers

As a new school year commences, it’s the perfect time to focus on how educators are appreciated and supported. School credit unions are specialized financial institutions that do both in truly value-added ways. By joining one of these credit unions, teachers gain...

Recent SBA 504 Program Updates Give Lenders More Opportunity

The Small Business Administration has recently made some changes to their SBA 504 program that allows financial institutions, such as Extensia Financial and credit unions, to expand their lending solutions to more small businesses.   Recently, the federal government...

In the Know: SBA 504 Loan

Small business owners who are looking to make a large equipment or real estate purchase can find affordable financing options with SBA 504 loans. The Small Business Administration (SBA) offers a number of different loan programs. SBA 504 loans are unique given their...

Pet Fire Safety: Tips for CRE Owners

Nearly 40,000 pets die every year in house fires. For commercial real estate owners with pet-owning tenants, it’s always a good time to review the recommendations for keeping building inhabitants (both pet and human) safe and the risk of fires low.  What are the Risks...

Green Investments: Combining Planet Protection & Profits

Renewable Energy Investments Provide an Opportunity to Turn a Profit & Save the Earth As the climate crisis continues to spark devastation across the globe, all living beings experience life-altering consequences ranging from rising temperatures, environmental...

Types of Renewable Energy Grants

Every year, organizations are showing greater interest in the research and development of renewable energy sources. Between rural small businesses launching proprietary clean energy technologies and established enterprises looking to make a greater impact with their...

Commercial Construction Loans: a Helpful Overview

Whether a new business is looking to construct its first physical location or an existing company has plans to expand operations, there comes a time for many enterprises when real estate construction or upgrades become a part of their growth strategy. Commercial...

Comparing 7a vs 504 Loans for Small Businesses

Small business loans are important in supporting not only small business growth but also economic development and job creation across the United States. Two common loan options for small enterprises today include SBA 7 a loans and 504 loans, which are both backed by...

The Importance of a Commercial Real Estate Lawyer

For any commercial real estate investor, there are few things more exciting than seeing the value of a portfolio grow and the number of properties expand. So, it can be of the utmost importance for investors to hire a commercial real estate lawyer who can help protect...

The Top Commercial Real Estate Portfolio Management Software

This Portfolio Management Software can Boost Profits & Efficiency Commercial real estate portfolio management software can be a lifesaver for commercial real estate investors who have more than two properties.  But it’s important to find the most compatible option...

The Tax Benefits of Owning Commercial Real Estate

Can You Deduct Commercial Property Taxes? Here’s the Answer, Plus the Other Tax Advantages of Owning Commercial Real Estate. Strategically and wisely investing in real estate can be a surefire way to build wealth. But working to build that wealth doesn’t stop with...

Why Lease Management Software is an Essential Business Tool

Save Time, Maintain Compliance and Reduce Errors with the Right Lease Management Software As a commercial real estate investor, your responsibilities include managing lease agreements for tenants. No matter the size of your commercial real estate investment...

Making ESG Investing More Inclusive

By Sundip Patel, co-founder and chief executive officer, AVANA Companies The past few years have seen institutional investors increasingly aware of the benefits – both to their finances and to their reputations — of putting more...

Financial Stress Management for Investors

Plan Ahead to Avoid Financial Issues & Money Anxiety Financial issues are one of the most common causes of stress. According to the American Psychological Association’s Stress in America survey, stress about money is the highest recorded since 2015, with more than...

“Extensia Financial has provided FAST CU with great LP opportunities which in turn allows us to strategize our balance sheet to best serve our members.”

– Paula Lehn, Chief Executive Officer

FAST Federal Credit Union