Credit Unions vs. Banks
Why Would People Throw Money Away with Banks Instead of Investing in a Credit Union? Includes Credit Unions vs. Banks Infographic.
Why Would People Throw Money Away with Banks Instead of Investing in a Credit Union? Includes Credit Unions vs. Banks Infographic.
This consolidates the Humanitarian Highlight posts of February 2021. The Humanitarians of February 2021, charitable credit unions.
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
This consolidates the Humanitarian Highlight posts of January 2021. The Humanitarians of January 2021, charitable credit unions.
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.
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.
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.
This consolidates the Humanitarian Highlight posts of late 2020. The Humanitarians of late 2020, charitable credit unions.
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.”
In a Credit Union Times Expert Opinion Column, “ITIN Lending & Compliance: Cutting Through the Fog,” Oak Tree`s CEO talks about ITIN lending, and how it represents growth opportunities for credit unions.