by Troy Bowman | Aug 22, 2023 | Uncategorized
Consumers choose credit unions over other financial institutions for all the reasons you advertise in your marketing: better rates, lower fees, member ownership and superior service. They also trust credit unions more, a fact particularly notable after the 2008...
by Troy Bowman | Jul 31, 2023 | Uncategorized
Today’s members expect credit unions to provide a full array of modern banking products and services and to suggest right-timed personalized offers in their channel of choice, a task requiring robust data analytics. It’s a struggle to fulfill this primary...
by Troy Bowman | Jul 18, 2023 | Uncategorized
Where would your credit union be without technology? In truth, nowhere. Technology is the backbone of every credit union. If something goes wrong with all or part of it, employees can’t do vital aspects of their jobs, and worse still, members may not be able to...
by Troy Bowman | Jun 25, 2023 | Uncategorized
January 2023 (Fairhope, Alabama): The Credit Union industry is at an inflection point. There were more than 23,000 Credit Unions in 1969, and as of this writing, fewer than 5,000 remain. Mergers and liquidations have drastically increased in recent years,...
by Troy Bowman | Jun 11, 2023 | Uncategorized
Digital banking puts so much revelatory data within your credit union’s reach that The Financial Brand suggests your institution has all the information it needs to anticipate the financial needs of each of your members. Even so, many traditional financial...
by Troy Bowman | May 25, 2023 | Uncategorized
Credit union service organizations (CUSO) have grown in popularity and influence over the last decade, but they weren’t always as prevalent as they are now. The Federal Credit Union Act of 1934 gave credit unions the authority to invest in organizations...
