Generational Banking: Marketing Credit Union Services for Gen Z & Baby Boomers

by Devon Wilson | Sep 26, 2023 | Credit Union Solutions, Marketing, Online Account Opening

For financial institutions, understanding and catering to the preferences of various generations is essential. Credit unions must navigate the diverse expectations of baby boomers, Generation X, millennials, and even Generation Z to remain competitive. The...

Deposit Flight: 5 Ways Credit Unions Can Seize the Opportunity

by Devon Wilson | Jul 24, 2023 | Credit Union Solutions, Marketing, Online Account Opening

  In recent months, the financial sector has been experiencing a significant shift known as deposit flight. Several banks (Silicon Valley Bank, Signature, and First Republic Bank) collapsed due to this phenomenon, where customers withdraw their deposits and move...

FedNow and Your Credit Union: Are You Ready?

by Devon Wilson | Jul 10, 2023 | Credit Union Solutions

  In the rapidly evolving financial landscape, credit unions play a vital role in providing innovative solutions to their members. As the Federal Reserve prepares to launch the FedNow service this month, credit unions need to stay ahead of the curve and embrace...

How CUs Can Help Combat Financial Fragmentation

by Devon Wilson | Jun 26, 2023 | Credit Union Solutions

  Financial fragmentation is a major issue facing many individuals and families today. It refers to the feeling of being overwhelmed by financial responsibilities, and struggling to keep up with bills, debts, and other financial obligations. This can lead to...

Member Centricity: The Core of the Credit Union Experience

by Devon Wilson | Apr 24, 2023 | Credit Union Solutions

  Credit unions have long been focused on providing their members with tailored services and a personal touch. As technology continues to evolve, credit unions are adapting their strategies in order to remain competitive. This is largely due to the fact that...