PYMNTS

SEPTEMBER 23, 2016

The national average annual percentage rate (APR) for credit card debt is 15.22 The last time the national average for credit card APRs hit 15.22 2011 during the peak of the holiday shopping season. percent, according to CreditCards.com’s weekly Credit Card Rate Report. percent was in Dec. percent by four weeks later in January.

Cards 100

Cards Report National Millennials 100

Jeff For Banks

MARCH 20, 2016

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 billion in equity capital since its founding in 2011. Since 2011, SoFi has funded over $6 billion in loans (through December 15, 2015). SoFi started in 2011, so the tide has not yet gone out on them.

Virginia 60

Virginia Risk Management Capital Comparison 60

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87

Jeff For Banks

MARCH 3, 2018

How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. Maybe those millennial futurists don't remember this.

Apple 65

Apple Millennials Massachusetts FDIC 65

PYMNTS

MAY 2, 2017

percent, its highest level since 2011. consumer debt, not including mortgages, now equals an unprecedented 20 percent of the nation’s annual economic output because of ballooning volumes of student and auto loans. Millennials currently are responsible for $1.1 Capital One reported a write-off rate of 5.1 trillion of $3.6

Millennials 103

Millennials Lending Capital Cards 103

PYMNTS

NOVEMBER 23, 2017

In fact, for the last 154 years — ever since President Lincoln first enshrined a national day of Thanksgiving for the last Thursday of November in 1863 — turkeys accompanied by cranberry sauce and potatoes (both sweet and white) have consistently been served on dinner tables nationwide. farmer and the harvest they produce every year.”.

National 131

National Retail Survey Examples 131

CB Insights

DECEMBER 7, 2017

In 2011, three banks accounted for half of new mortgage loans, according to the Washington Post. In 2011, just two of the top 10 biggest lenders were non-bank lenders. Eighty percent of those customers were first-time home buyers and millennials were twice as likely to use their product as a competitor.

Millennials 69

Millennials Lending United States Technology 69

PYMNTS

DECEMBER 11, 2017

That might not be a crazy assumption: Reports from Nielsen reveal that television viewership by that demographic has declined more than 40 percent since 2010 and is off 11 percent year over year for the older half of millennials aged 25 to 34. And who tend to operate in national, and often regional, footprints.

Millennials 109

Millennials Video Maine Operations 109

Filene

OCTOBER 3, 2016

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. Through the partnership with the school district, we opened our first in-school branch in Madison’s La Follette High School in 2011.

Video 64

Video Millennials Training Resources 64

CB Insights

MARCH 2, 2018

Millennials account for one-third of India’s population. Alipay formed a partnership with the Australian Tourism Export Council (ATEC) with the goal of expanding its mobile payments platform into the nation’s tourism industry. In 2020, Chinese visitors are projected to spend $13B in Australia, including education expenses.

Regional 68

Regional Retail Marketing Online 68