Out-of-the-box mortgages, student loans and retirement plans among ideas sprouted from i3 program.
For the next two years, executives will participate in semi-annual meetings arranged by Filene and be responsible for piloting new ideas at their credit unions.
Despite the frustrations that some credit unions face with building long-term, multiple product and service relationships with members who come through the door via indirect lending, the loans have continued to be a meaty portion in many portfolios.
The Filene Research Institute has partnered with Amazon to offer credit unions a unique opportunity to market their credit cards online.
Check out this article from next week's print edition on the card marketing partnership between the Filene Research Institute and Amazon.
The $20 million Filene FCU is tied to the now-shuttered retail chain once operated by credit union pioneer Edward Filene.
The Filene Research Institute and SaveUp have joined forces and are looking for a few good credit unions.
A program developed by the Filene Institute's i3 initiative has won a $300,000 grant from the Center for Financial Services Innovation to roll out a program that will reward CU members who have low FICO scores for making loan payments on time.
Even thought they still request products such as loans, more sophisticated asset management services are being demanded by baby boomers that are poised to retire over the next decade.
CUNA Mutual Group Ireland hosted 50 credit union managers and directors, as well as Ireland's credit union regulator, legislators and industry trade organizations, during a "Future of Finance" conference in Dublin, Ireland.