Are credit unions relevant in today's social and crowded-sourced world?
Credit unions' competition is not just big U.S. banks. Recently in San Francisco, Bank of India billboards were seen marketing the convenience of deposits in overseas accounts. With technology evolving, our idea of member service will need to evolve to remain relevant in today's social, global and crowd-sourced world.
In support of the "Do Not Tax My Credit Union" movement, I emailed my U.S. senator bullet points of how credit unions play a vital role in the financial lives of 96 million members. I added how credit unions innovated the old banking industry. After submitting, I sat there contemplating the relevance of credit unions today with the emergence of so many innovative banking-related startups.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
