Credit Union Analytics
Follow us on

CU Rise Analytics

Rise with Analytics

CU Rise Blog

Three Data-Driven High Impact Strategies Credit Unions MUST Adopt in the Era of Digitization

Posted on August 22, 2019 at 4:50 AM

Credit unions, like all financial institutions, are deep in the era of digitization. There’s been a key trend of moving traditional banking activities online, which generates lots and lots of data. The sum of this online financial activity creates a detailed picture of the behavioral patterns of members.

Credit unions are growing in their acknowledgement of the importance of leveraging this data, but are falling behind other financial institutions in maximizing the opportunities. ...

Read Full Post »

CU Rise Analytics announces Trellance CEO Tom Davis as newest board member

Posted on August 8, 2019 at 3:35 AM

VIENNA, VA (July 25, 2019) — This month, CU Rise Analytics welcomed Tom Davis as the newest member of its Board of Directors. Davis is the CEO of data consulting company Trellance, and is a recognized expert in credit union finance, technology, payments, and strategic planning.

CU Rise will leverage Davis’ deep experience as it expands its portfolio of innovative data analytics products and services and continues to serve a growing number of credit unions in the ...

Read Full Post »

CU Rise Analytics Takes Home People's Choice Award at AXFI Killer Fintech Speed Rounds

Posted on June 13, 2019 at 10:05 AM

Vienna, VA – June 13, 2019 – CU Rise Analytics was recognized with the People’s Choice Award during the Killer Fintech Speed Rounds at the 2019 AXFI (Analytics and Financial Innovation) Conference in Minneapolis earlier this week.

CU Rise CEO Karan Bhalla and COO Suchit Shah presented its

Read Full Post »

CU Rise Analytics Selected for AXFI Killer Fintech Speed Rounds

Posted on May 30, 2019 at 8:15 AM

Vienna, VA – May 31, 2019 – CU Rise Analytics has been selected to participate in the Killer Fintech Speed Rounds during the 2019 AXFI (Analytics and Financial Innovation) Conference in Minneapolis on June 10. The speed rounds highlight technology and innovation that is changing the world of credit union financial services, and CU Rise is part of a small group of organizations invited to present their innovative o...

Read Full Post »

Three Ways for Credit Unions to Overcome Decline in Deposit Growth

Posted on March 20, 2019 at 9:35 AM

Credit unions in the US have been witnessing a steady increase in membership since 2010. Average annual membership growth has been ~4% in the last 4 years. On the contrary, the deposit growth has shown a decline since Q3 of 2016. The deposit growth rate was recorded at 4.87% in Q3 of 2018 compared to 8.44% of Q3 of 2016.

Around 40% of the credit unions have reported a decline in deposits in 2018 which amounted to ~$3 billion on a YoY basis. Chartway credit union (V...

Read Full Post »