Finance & Legal

Mobile-First Attitudes Are Changing the Way We Bank

When was the last time you spoke to a bank teller or pulled up to a drive-thru ATM with the same regularity you would to go grocery shopping or commute to work? Exactly. It’s no secret that many banks and credit unions are acknowledging the power of mobile banking…

Credit Unions: Get into the Minds of Millennials to Achieve Success

For an industry that accounts for nearly a quarter of financial services spending by underbanked consumers, check cashing and payday loan companies have cornered the market on providing financially sound advice and products to those who traditionally haven’t had access to the right resources. With this in mind, here are…

How Has Technology Changed How Baby Boomers Bank?

For a generation that’s responsible for setting the foundation for much of what we both love and loathe about life, it’s confusing as to why more people are focusing on baby boomers when it comes to digital banking. The stereotype of boomers being technophobic is a flimsy one at best,…

Banks Must Become ‘Customer First’ to be Successful

Americans no longer walk into their local bank to make a deposit or a withdrawal, which means they don’t get to have a relationship with their bankers. Consumers are banking online and can even apply for loans without meeting with their bankers. So how does the banking industry keep these…

Credit Unions: What They Mean to Millennials

Millennials are the largest generation in history, and with so many in this young adult age range, the banking industry is taking notice of what this group is looking for when choosing a financial institution. The stigma that has followed this generation is that they are confident, coddled, open-minded, ambitious,…