A recent report from the credit reporting company shows that 3/4 of Millennials are willing to switch financial institutions, often for better interest rates, better rewards, and better customer service.
Consumer finance think tank Filene released eight new concepts and called for credit unions to help them further test the programs in the marketplace.
The height of last year’s Bank Transfer Season had many credit unions scrambling to keep up with demand from consumers wanting to switch from a big bank to a local credit union. A new program from BancVue called Kasasa has made it easier for consumers to switch while helping smaller institutions match the scale of the national banks.
Switching to a credit union is already easy, but the process could create a whole new level of new member satisfaction if a simple tool is added.
Corporate Corner is a series of articles that will examine various aspects of the corporate credit union crisis and the NCUAâ€™s plans to resolve the issue and stabilize the industry.
Voices of the credit union movement, in Washington and beyond.