Credit Union Innovation Index news and trends

Why Credit Unions Can’t Take Member Trust For Granted
Credit Unions // January 29, 2019

Credit unions have spent decades cementing loyalty among consumers, so much so that a majority of consumers wouldn’t switch for another type of financial institution. However, in the age of FinTech upstarts, CU execs should beware complacency. In the latest Data Drivers, PSCU CEO Chuck Fagan...

Report: CU Members, Leaders Out Of Sync On Innovation
Credit Unions // January 22, 2019

Credit union (CU) customers are more than just customers: They are members of a wider community. This sense of belonging and inclusion is precisely why consumers gravitate toward CUs. In fact, 65 percent of CU members choose to bank with their respective CUs because they...

Interviews & Exclusives
NEW DATA: The Innovations Credit Union Members Need To Stick, Not Switch

March 12, 2020
Credit unions (CU) members have a reputation of being loyal to their financial institution (FI) — and not without reason. CU members, by and large, are happier than most financial consumers are with their primary FIs, with 88.5 percent saying they are very or extremely satisfied with their CUs’ performance. This compares to just 80.5 […]

Why Credit Unions Can’t Take Member Trust For Granted

January 29, 2019
Credit unions have spent decades cementing loyalty among consumers, so much so that a majority of consumers wouldn’t switch for another type of financial institution. However, in the age of FinTech...