Good news, bad news for credit unions and millennials

There is good news and bad news for credit unions and millennials.

The good news is that 20% of millennials in the age group, 18-24, use credit unions as their primary financial institution.

The bad news is that only 10% of millennials, age 25-34, use credit unions as their preferred financial institution, according to the latest consumer finance trend survey released Thursday by FICO, a San Jose, Calif.-based analytics software company.

There’s more bad news.

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