Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A CUNA Mutual Group and TruStage report outlined why millennials need a trusted financial partner.

Credit unions are a distant concept for most millennials, according to a new study released by CUNA Mutual Group and its consumer brand, TruStage.

Published Wednesday, the study of millennials ages 18-34 with household incomes ranging from $25,000 to $100,000 found 69% were open to joining a credit union, but only 25% have and only 14% keep their primary accounts at a credit union. The largest reason for this, the study found, was that millennials said they just don’t know much about credit unions.

Tina Orem

Dig Deeper

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.