First it was Seattle and now Portland considering the idea of moving funds from banks to CUs.
Fresh out of college a few years ago, Tyler Leonhardt accepted a position at Bank of America.
Despite the euphoria, a top researcher for J.D. Power & Associates warned credit unions last week against “popping the champagne corks too early” in expecting sustainable gains from Bank Transfer Day. That’s because their data continue to show real consumer intransigence about moving accounts.
One industry expert believes credit unions can become a new member’s primary financial institution without negatively impacting the delivery costs of their products and services.
October proved to be a strong month for Bethpage Federal Credit Union’s mortgage, auto and consumer loans.
Council adopts resolution but move would take state legislative action.
Staffers at CUs in Winston-Salem, N.C. welcomed new members with swag, food and fun.
COLUMBIA, Md. – APL FCU, headquartered in Laurel, Md., experienced increased membership growth leading up to Bank Transfer Day, Saturday, Nov. 5, so Credit Union Times checked it out.
CU Times' editor-in-chief, Sarah Snell Cooke, pays a visit to a Maryland credit union on Bank Transfer Day.
Banks practice researcher says consumer reluctance to switch shows in the statistics.