Credit Unions And Community Banks Gain Credit Card Issuing Momentum news and trends

Interviews & Exclusives
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look

November 21, 2023
National banks dominate the consumer credit space. Still, credit unions and community banks are becoming an increasingly popular choice for issuing credit cards. The share of consumers with a CU or community bank card as their primary card rose from 8.3% in 2020 to 13% in 2023. Moreover, 24% of consumers said they would likely […]