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Expanding Membership & Increasing Revenue While Solving One of the Biggest Social Challenges

CUs are in a unique position to resolve the persistent existence of underbanked and unbanked households.

By Kate Hao | January 18, 2022 at 09:00 AM
low income neighborhood Source: Shutterstock.

The persistent existence of underbanked and unbanked households remains a significant social issue – one that credit unions are in a unique position to help resolve. Through mission-aligned partnerships and technology adoption, credit unions can turn this social challenge into a growth opportunity for expanding membership and increasing revenue. Those credit unions that make the effort to tackle this challenge will improve not only their community’s financial health but also their own.

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