Consumer spending increased in July
Payment processor First Data released its most recent SpendTrend report, which states consumer spending has increased.
Mobile banking crucial to credit union members' satisfaction
One of the main goals of any credit union is to satisfy its members, and to do this now and in the future, it's crucial that credit unions provide online and mobile banking capabilities.
Credit unions need to boost name recognition to gain members
Whether you like it or not, well-known names draw customers in.
Credit unions and the ice bucket challenge
The Internet and social media sites are full of celebrities and everyday people accepting the ice bucket challenge.
Investment services benefited credit unions more than banks last year
According to a new study by Kehrer Bielan Research & Consulting, credit unions raised more revenue through offering investment services to their members than banks in 2013.
Credit Unions need Twitter strategies
One way credit unions can engage with consumers and possibly increase their membership is to create a Twitter account.
Credit unions can help the students taking on educational debt
It's clear the cost of gaining an education is increasing along with student loan debt.
Back-to-school spending results
A new school year has just begun, which means every parent out there has spent the past month preparing to send their child back to school and buying school supplies, new wardrobes and various other back-to-school necessities.
Build a referral program at your credit union
Numerous credit unions, including Mission FCU in California, Prestige Community CU in Texas and Meritrust CU in Kansas, are gaining members through refer-a-friend programs.
More than half of credit unions lost members in the last year
While many individual credit unions have grown this year, slightly more than half of them had fewer members at the end of June than they did a year before, according to information from the National Credit Union Association.
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