Press Release | June 2020
Part of our job here at Extensia Financial—a very significant part—is to help our partners navigate the complex matter of risk management. This is one of the many functions a credit union service organization (CUSO) performs. In the midst of the current public health and economic crisis, we are fielding quite a few calls pertaining to the lack of…
Knowledge | May 2020
Now more than ever credit unions are recognizing the importance of a well-diversified loan portfolio to mitigate risk while growing loans to maximize member value. But how do credit unions diversify and grow loans when bound by SEG-based or community membership charters? Participation loans are a convenient and cost-effective way to grow loan balances with quality assets,
by Richard Caldwell | March 2020
Every major election year brings to the forefront excited discussion on important civic, social, and financial topics. Monetarily, we all expect—with increased attentiveness—more short term interest rate adjustments to greet our doorstep in 2020; some before and some after voting results get tallied. Let’s take a look together at factors that may instigate rate change this year.
“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.”
FAST Federal Credit Union