credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

(source: en.wikipedia.org)

Nearly 70% of Consumers Prioritize Trust Over Convenience When Choosing a Bank
Nearly 70% of Consumers Prioritize Trust Over Convenience When Choosing a Bank
September 13, 2023  |  Banking

In the retail banking industry, convenience and trust are two pivotal elements that significantly influence customer satisfaction and the acquisition of new customers. In the...

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Large National Banks Hold the Advantage When Main Street SMBs Shop for Credit
Large National Banks Hold the Advantage When Main Street SMBs Shop for Credit
September 08, 2023  |  SMBs

Access to business financing is crucial for Main Street small and medium-sized businesses (SMBs). But while a significant share of these small businesses across all...

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PYMNTS Intelligence: Countering Rising Fraud Threats to CUs
PYMNTS Intelligence: Countering Rising Fraud Threats to CUs
September 07, 2023  |  Digital Banking

Fraud attacks against banks and credit unions (CUs) are nothing new, but consumers are taking them much more seriously than they used to. A study...

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Why It’s Time for Credit Unions to ‘Double Down’ on Innovation
Why It’s Time for Credit Unions to ‘Double Down’ on Innovation
September 07, 2023  |  Innovation

Two heads are frequently better than one, and good things often come in pairs. That could be why, when Brian Scott, chief growth officer at credit...

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Credit Unions Counter the Growing Risk of AI Fraud
Credit Unions Counter the Growing Risk of AI Fraud
September 06, 2023  |  Digital Banking

Digital banking has become the primary way many members engage with their credit unions. These interactions are typically quicker and more convenient than traveling to...

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Neches Credit Union Picks PSCU For Credit Card Support
Neches Credit Union Picks PSCU For Credit Card Support
August 22, 2023  |  Credit Unions

Neches Federal Credit Union has picked PSCU for credit card processing services and support. PSCU, a credit union service organization, announced the partnership in a news release provided...

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Credit Unions Can Be the Online ‘Influencers’ Guiding Younger Consumers to Financial Wellness
Credit Unions Can Be the Online ‘Influencers’ Guiding Younger Consumers to Financial Wellness
August 21, 2023  |  Credit Unions

PSCU Chief Growth Officer Brian Scott told PYMNTS that younger generations are more challenged than their older peers. “They just have not had the same amount of time...

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Juniper Payments: FedNow Can Spur Credit Unions to ‘Reimagine’ Financial Services
Juniper Payments: FedNow Can Spur Credit Unions to ‘Reimagine’ Financial Services
August 16, 2023  |  Real-Time Payments

Only a few weeks after launching in July, the FedNow Service promises to help transform payments, commerce and banking. But as Dr. Jorge Jimenez, president of Juniper Payments, a PSCU company,...

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One-Third of Credit Union Members Would Leave for Better Credit Products
One-Third of Credit Union Members Would Leave for Better Credit Products
August 14, 2023  |  Credit Unions

Consumers in the United States rely less on their primary financial institution (FI) for major credit products than they used to. Many are shopping around...

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