Designation allows Miami credit union to apply for Treasury grants.
Industry employs 11% of that segment, new study shows, while retail stores lead at 24%
Baton Rouge credit union opens financial resources center in Shreveport.
In this Opinion piece, a First Data executive looks at how un- and underbanked consumers "can provide a unique opportunity for credit unions to grow their member base."
Mobile banking usage grows with mobile phone adoption, underbanked showing climbing interest.
PHOENIX — The risks of serving the underbanked are manageable and the customers can and will become loyal and profitable, BAI panelists say.
VantageScore, creation of three major bureaus, announces answer to FICO's new pact with FactorTrust. Both eye underserved lending market.
Credit score specialist and payment data aggregator get together in new partnership to help serve the underserved.
Data analyst firm says 12% of staff at financial services firms are among the financially underserved.
In order to succeed in the 21st century, credit unions cannot afford to not serve the enormous and growing population of financially underserved consumer.