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Perception Versus Reality: Do People Get More From Credit Unions Than Banks?

Jeff For Banks

The Credit Union National Association (CUNA), the credit union equivalent to the American Bankers'' Association (ABA), states that credit unions exist to serve members, returning earnings to members in the form of lower loan rates, higher interest on deposits, and lower fees. Clearly this remains an emotional issue. Yes, you read profits.

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Change Keeping Global Banks On Their Toes

PYMNTS

Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. corporates over the last five years, a 25 percent increase between 2011 and 2016, according to alternative lender Funding Options.

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Field of Dreams

Independent Banker

La Russa retired in 2011 after compiling 2,728 wins as a manager, the third-highest winning record of any major league coach. He was unanimously inducted into the National Baseball Hall of Fame in 2013. He currently serves as chief baseball officer for the Arizona Diamondbacks, overseeing the team’s baseball operations.

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Building Financially Empowered Youth; Our Future Depends on Them

Filene

A 2013 FDIC National Survey of Unbanked and Underbanked Households showed that more than 30% of household members under the age of 24 are unbanked—significantly higher than older generations. Allowing youth to run the operations to give them business experience. Providing youth with their own space to learn about money.

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Good News from Gen Next

Independent Banker

Another significant finding of the survey was that across generations, Americans prefer to work with locally owned and operated banks. Fifty-four percent of millennials said, specifically, that they would prefer the local option, while 30 percent of them said they would rather bank at a national or international bank. Text, text, text.

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GonzoBanker Awards 2017

Gonzobanker

BNC shareholders got a terrific premium, a 47% dividend increase, and a continued leadership role for Richard D. Platoon Talent Leadership Award – Goes to WSFS Bank ’s Lisa Brubaker who, at Finastra ’s client conference, pointed to hiring more free-wheeling advisory talent in branches, “backstopped by a sergeant.”.

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Good News from Gen Next

Independent Banker

Another significant finding of the survey was that across generations, Americans prefer to work with locally owned and operated banks. Fifty-four percent of millennials said, specifically, that they would prefer the local option, while 30 percent of them said they would rather bank at a national or international bank. Text, text, text.