It may be hard for some to fathom that in today'sworld there are people who still use a dial-up service to accessthe web, drive for 20 minutes to get cash from the nearest ATM ordon't have any financial institution branches in theircommunities.
That's the daily reality for people who live in underservedrural or semi-rural areas, and consumers who are unbanked orunderbanked in many communities across the nation also facefinancial challenges.
What all of these consumers have in common, however, is thatmost of them own a mobile phone, and credit unions are leveragingmobile banking to not only meet their financial needs, but toimprove their financial lives.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 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.
