Credit Union Event
CU Events Roundup Mar 12, 2021
Welcome to a new feature, where we will look at the Credit Union community and bring up some of the events we see going on. We love keeping tabs and participating in these credit union events.
Fintech
The Mobile Banking Landscape
Oak Tree had an article featured in the CU Times magazine on the Mobile Banking Landscape. The article highlights the concerns that credit unions have.
Consumer Lending
Innovating Lending Forms
As technology advances and becomes more affordable, nearly 81% of people own a smartphone. All the information one could need is at the touch of a screen. The days of dialing a phone number to find out what hours the credit union is open are long gone. Running a quick Google search or taking a peek at social media is the best way to find out when in-person banking can be done. Naturally, as technology advances, credit unions need to expand options for digital banking and lending
Credit Union Industry
Help Bankers See the Credit Union Way
Has your credit union recently experienced a merger? With the rise of credit unions becoming part of the community bank-buying trend, it is very possible that your credit union and its members may be experiencing this, or may in the future.
Credit Union Industry
P2P Payment Platforms & Your CU
For those who grew up in the digital world, person-to-person or peer-to-peer (P2P) payment applications are nothing to write home about. Gen Z and Gen Alpha have always known the glories of paying a friend for coffee via their phone. For the older generations, however, P2P payments are an incredible advancement in financial technology.
Credit Union Industry
Don’t Get Left Behind in 2021
Have you and your #CUteam reflected back on the year 2020? If so, are you pleased with your marketing efforts and ROI? Or, is there room for improvement? If you’re like us, you know there is always room for improvement! When it comes to marketing, there is also room for innovation and creativity as to how you will get your credit union’s message and services out to your current and potential members.
Credit Union Industry
New Year, New Trends
A New Year, new trends. 2020 was quite a year, right? So many changes presented themselves and we all had to learn what it truly means to be resilient.
Fintech
Is Now the Time for a Core Conversion?
When the first credit union in the U.S. was opened in 1909, all banking was done by paper and, all transactions were manually processed. We have come a long way since then, but with new technology every year, there is always room for improvements. For some credit unions, now is the time for a complete core conversion to improve efficiency and allow for more data integration.
Fintech
Fintech Friction
In today’s world, it is imperative to have a system that is up to date (made necessary by advancing technologies that are becoming easier for users to navigate), and a system with fewer clicks, known as a “3-click rule.”
Fintech
Credit Union Information Governance
Nothing is more important to a credit union than compliance, and one of the biggest components to this is information governance.