Search
 

Bank Transfer Day: Free Means Free, Understand Prospective Members and Risk

Consultants say "this extraordinary chance at growth cannot be squandered" but CU leadership must proceed with caution.

By Andrea Stritzke, TJ Riha | Updated on November 01, 2011

Everybody’s talking about the unprecedented opportunity that sits before today’s credit unions. As programs like free checking and debit rewards circle the drain at big banks across the country, angry customers are shopping for alternatives.

To be sure, this extraordinary chance at growth cannot be squandered. That said, leadership at the nation’s CUs must proceed with caution when courting these angry bank customers.

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

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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.

Already have an account?

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.