Nearly four in 10 Gen Z credit union members say they’re considering leaving their credit union within the next year, mostly in favor of traditional banks. That’s a significant number, and a substantial challenge for these institutions that want to remain relevant to the next...
Gen Z is often typecast as a different species, a pervasively anxious one that never knew daily life without the internet, thrift shops, and consumes social media voraciously. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A transformation is underway within the credit union ecosystem, where innovation in financial products and services is no longer exclusive to the largest or most well-resourced institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Credit union service organization (CUSO) Velera teamed with investment firm Black Dragon Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Credit unions closed 32 locations during the first quarter, the largest drop since 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Credit unions (CUs) face a critical juncture that threatens their long-term viability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Credit union service organization Velera has debuted a new account validation function. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Innovation has emerged as a key factor in determining whether credit unions can thrive in a competitive, rapidly evolving financial ecosystem. As expectations from consumers and small to medium-sized businesses (SMBs) shift toward digital convenience and tailored experiences, not-for-profit financial institutions face growing pressure to...
The classic holiday film “It’s a Wonderful Life” is sometimes called “the credit union movie” for its heart-warming depiction of a member-owned financial institution with strong ties to the local town, friendly customer service and no bells or whistles. Even though Bailey Brothers Building &...
