There are just over 5,200 credit unions in the United States, as of 2021. And more than 65% of those are classified as “small credit unions.” According to the NCUA, these are credit unions that have less than $100 million in assets. In much the same way that...
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Banking Trends: Digital Credit Union Services Poised to Dominate in 2023
Just as 2022 was poised to increase stability and purchasing power after a few years of pandemic-fueled volatility, we saw record highs in inflation rates, as well as ongoing labor and supply shortages. With this potential for continued turmoil as we move into...
Top 4 Disaster Recovery Concerns and 2023 Cybersecurity Trends
2022 has almost come and gone already. Your credit unions are gearing up for holiday promotions and member requests, and before you know it, you’ll be writing “2022” on your transaction records and deposit slips and then crossing it out because you forgot we’re...