The notion that credit unions need to increase their young membership in order to survive is a no-brainer. In 2013, the question won’t be whether credit unions should make a conscious effort to attract Gen Y. It’ll be how can they do it in a way that hasn’t been done...
Credit unions’ Gen Y-related challenges extend beyond grabbing their attention. Once a credit union gains young members, it has to convince them to stick around. Even after they’ve committed themselves, their impact on the credit union may not be 100% positive. Since many young adults lack expertise in personal finance,...
Credit unions know that in order to convince young adults to attend an educational event, an incentive must be involved. In CAP COM Federal Credit Union’s case, comedy and prizes are what recently brought a large group of 15- to 25-year-olds through the door.
Reports will now be delivered as PDFs via secure email.
Attorney says California credit union unfairly treated assistant branch managers as exempt employees.
Sole employee of small Nebraska credit union sent to federal prison, ordered to make restitution.
Student loan debt remains a stress-inducing burden for many college students, recent grads and their families.
Last year was not the most glowing year for student loans, reputation-wise. The Consumer Financial Protection Bureau’s release of numerous negative comments from the public on their experiences as private student loan borrowers, comparisons of student loans to the burst mortgage bubble and the fact that national student loan debt...
Money management workshop this week in Albany.
Michigan credit union notches its biggest payback to date.