Credit unions have a golden opportunity to assist members through this often overwhelming life stage.
Credit unions help their boomer members make the transition to retirement.
Keep an eye on incremental changes and tweaks affecting patchwork of state regulations.
Of the more than 4,000 credit unions using the MemberCONNECT program, CUNA Mutual said more than 500 have been there from the beginning.
On issues such as debit interchange and limiting the growth of future regulations, banks and credit unions are on the same side of the political divide. On others, such as credit unions’ tax-exempt status and raising the cap on member business lending, the industries’ interests diverge.