The credit union movement has finally received the kick in the pants it needed to take advantage of the distaste for banks that has settled on many consumers during the recession.

The Huffington Post "Move Your Money" campaign has given new life to the movement by pointing consumers in the direction of credit unions. Credit unions have used the campaign to create their own versions to encourage consumers to switch from banks to credit unions. My only question is: Why did it take so long?

Credit unions should have been launching these marketing campaigns from the beginning of the recession. It shouldn't take outside media outlets finally recognizing the importance of credit unions to spur promotion and marketing within the movement.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.