MIAMI–A new survey just reinforces what many in credit unions are seeing clearly--75% of global consumers are now more likely to use digital banking in the next few months than before the pandemic.
THE boost
JACKSONVILLE, Fla. — VyStar Credit Union has launched a Military Heroes Mortgage Program.
NEW YORK–Credit unions continue to fall behind consumer preference w
GLENDALE, Ariz.–Los Angeles FCU is reporting that in the six months since the launch of its Relationship Rewards program it has rebated $200,000 to its members who attained Gold Level status. Each member at the Gold Level level gets 1% cash back on debit card purchases, up to $500 monthly.
WOODBURY, Minn.–Ideal Credit Union said it has introduced two new programs it said are designed to help members save.
JACKSON, Mich.–American 1 Credit Union said effective Jan. 1 it will be enhancing its pay and benefits for employees, including a new program called “Responsible Time Off.”
TALLAHASSEE, Fla.–FLAG Credit Union has received a $125,000 and plans to create a new position and take other steps after being approved Technical Assistance Grant from Treasury’s CDFI Fund. The CU partnered with CU Strategic Planning on the application.
TAMPA, Fla.–To mark the opening of its 75th branch, this one in the Fruitville Service Center in Sarasota, Suncoast Credit Union said it will donate $75,000 to local non-profits across its service area through its “$75k in 75 days Charitable Giving Celebration.”
SCOTTSDALE, Ariz.–Credit unions seeking to tap a new market may want to pay attention to a new study from Cornerstone Advisors and Meniga that found “there is a significant opportunity for banks to gain a competitive advantage by serving climate-conscious consumers.”
CHICAGO–A new research brief from the Filene Research Institute and TransUnion offers insights into how credit unions can adapt lending strategies to better compete in an evolving landscape while also expanding financial inclusion efforts.