Credit unions are finding more value in the financial wellness of their members as they look to gain a competitive advantage over traditional banks. Nowadays, with more families living paycheck-to-paycheck, and 40% of U.S. credit union members living paycheck to paycheck, on any given day 49% of Americans cannot afford a $400 emergency (source: Motley […]
Financial Education as a Value Proposition for Credit Union Employees and Members
The lack of financial education, especially after COVID-19, disadvantages many people. With 80% of people living paycheck to paycheck and under strong financial and employment insecurity, increasing overall financial knowledge is critical now more than ever before. Imagine the advantages of having a strong grasp of how financial solutions work. Increased financial education helps individuals […]
Wrap Up of The CU FinHealth™ Conference 2022
Thanks to everyone who came out to the National Credit Union Foundation CU FinHealth™ Conference 2022! We had a great time. Financial Fitness Group Wraps Up with positive financial changes in 2022 and beyond! Let’s continue to impact the financial health of credit union employees and their communities at large. We look forward to seeing everyone again […]
What Does Digital Transformation Mean for Banking?
The world as we know it changes before our eyes on a daily basis. We can now listen to any song we ever wanted with a few clicks of a button. Full course meals are delivered right to our house with a simple online order. Websites like Amazon, Overstock, and eBay give us the ability […]