In the search for the answer of how to reach Millennials, a good start may be to focus on the basics of being present, listening and customizing relevant solutions and experiences.
Young adults are considered the target market and they're high on the agenda of most credit unions, which is the future of our consumer base and our lending portfolios. By targeting young adults and generating loyalty, credit unions can create a lasting and profitable relationship with this growing demographic.
Eight credit unions and PSCU launch a website aimed at young consumers.
That young demographic is the focus of this report, the latest in our series of exclusive offerings from the Filene Research Institute.
This week's in-depth report from Credit Union Times is on reaching Millennials.
When it comes to buying a new car, baby boomers may have an edge over the potential buying power of the much sought-after Generation Y.
More loans. It’s the battle cry of almost every credit union in America, if not all of them.
The credit union industry continues to focus on two generations that have little lending potential: boomers and Gen Y.
“Don’t pitch your products or try to sell them – show them how your credit union will help their businesses,” Carmen Voilleque advises.
Call them what you will. Gen X, Gen Y, Millennials or the Echo Boom. They are the next generation of consumers who have crossed the bridge from a brick and mortar world to an environment that thrives on digital interactions.