5G technology and the opportunities for credit unions

Credit unions tend to be on the forefront of financial health; implementing enterprise-level and consumer-centric strategies, designing high-quality products and services, and measuring their members’ outcomes so they can pursue long-term opportunities. However, the landscape in and around financial services is shifting dramatically with the emergence and application of new disruptive technologies.

To help credit unions understand this ever-changing landscape, the Foundation partnered with Members Development Company (MDC) and the Financial Health Network (FHN) in 2019 to research emerging technologiesand how they will help credit unions grow, meet their members where they are in life and provide them with new opportunities. Here are the key findings from that initial research:

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