Between the 2008 banking crisis and the recent Wells Fargo fiasco, it’s easy to be skeptical of banks. If you don’t like big banks, there’s an alternative, though: credit unions. Credit unions have become increasingly popular, but there are still a lot of misconceptions about how they work and what they offer.
Although operated cooperatively, the not-for-profit status of credit unions should not be confused with the non-profit status charities have. Because one thing's for sure: Credit unions make money. Learn how credit unions are able to make money and pass on benefits to members. How Credit Unions Make Money As financial institutions, credit unions generate what's considered a profit in economic terms -- which is needed to…
Publisher’s Note: CUInsight is hosting a free webinar Wednesday, March 24th titled, 5 Ways to Transform Your Credit Union with Texting. We hope you’ll join us! Register here. The growth in credit unions adopting 2-way texting technology has never been higher. The key driver of texting adoption is the simple need to effectively communicate with members. […]
Designed to foster a healthy relationship between members and their credit cards. It introduces the concept of billing cycles, payment due dates and credit c...
The differences between bull and bear markets, and discuss how both upward and downward trends represent opportunities to make money.
I'm a big fan of credit unions. We have been banking with credit unions for the over a dozen years. It started somewhat accidentally out of convenience (there is a branch in my husband's office building) but the benefits of baking with a credit union have made us stay with them for good. In fact when it came time to open a business account for the Centsible Life I used a local credit union. Why credit unions? Credit unions are different than banks…
Money Matters: How is banking with a credit union different?You work hard for your money and want to find a place to bank that offers fewer fees, and keeps more money in your pocket. For saving and borrowing needs, credit unions are often the best resourc
Tired of getting nickel and dimed by your bank? Maybe it's time to try a credit union.
A short, fun animation promoting Credit Unions as a better place to keep your money. Re-invest in our local communities through the transfer of funds from ba...
Unlike the Loch Ness Monster, Bigfoot, or a pack of snarling Yeti, the misconceptions people have about credit unions can do real harm. There are four myths in particular that dissuade people from banking with credit unions. As the number one touch point with your potential members, your credit union’s website is an ideal place …
Credit union membership is up. Find out three reasons why customers are moving their money from national banks to credit unions. More
Why pick Amplify Credit Union as your primary financial institution? Amplify offer stability, trust, and transparency. Our CFO, John Orton, offers some tips ...
In this Real Good TIPS from Real Diamond Employees video Chelsea explains the difference between a bank and a credit union. This is a question that we get as...