If a credit union offers voter registration and the law doesn’t allow the registrars to hand out literature from a candidate who’s a good friend of credit unions, for example, why bother?
Bluebird, the new prepaid card product being rolled out by Walmart and American Express, will provide banks and credit unions with additional competition in transaction accounts and technology.
Filene researcher does see increased competition from Amex/Walmart offering, while Latino Community CU, Consumers Union say full-service still needed.
North Carolina credit union working with voter registration groups to offer bi-lingual help.
If there were a category of potential credit union members that could be described as beyond unbanked, those would be the people that the Durham, N.C.-based Latino Community Credit Union seeks to serve.