The founders of these five newbies have made it past that initial nerve-wracking period and are now watching their babies slowly grow.
Credit unions might believe they’re doing all they can to target valuable demographic groups, but there’s one market that many are neglecting, said one consulting firm and its credit union clients. Hispanics are a rapidly growing market, according to Des Moines, Iowa-based firm Coopera Consulting. And they are hungry for...
More bad news on the economy, as the ranks of America's poor are on track to climb to levels not seen in nearly 40 years.
The 325,000-member, $1.7 billion Municipal Credit Union has opened a branch in Harlem, one of New York City's most historic and underserved areas.
Coopera and The Members Group are now offering a prepaid card created specifically for underbanked Hispanics.
A prepaid card created specifically for Hispanics has been rolled out by Coopera and The Members Group in Des Moines, Iowa.
The Durham, N.C.-based credit union was recently featured in the University of Virginia’s Darden School of Business and Tayloe Murphy Center study, “Perdido en la Traduccion: The Opportunity in Financial Services for Latinos,” as a base model of the positive effects of mainstream financial services on the unbanked.