What is it about generational banking that creates such a buzz? Some may weigh in on the challenges presented by the polarization of respective expectations. While others see clear and present opportunity for diversification. Each [...]
Won't you come see about me I'll be alone, dancing, you know it, baby Tell me your troubles and doubts Giving me everything inside and out Don’t You (Forget About Me), Simple Minds (1985) [...]
When it comes to innovation and implementing change, credit unions have many things to consider, including cost to implement, deployment strategy, security and compliance, and employee and member onboarding—among other things. For many organizations, [...]
Welcome to episode 59 of The CUInsight Experience podcast with your host Randy Smith, co-founder of CUInsight.com. This episode is brought to you by our friends at CO-OP Financial Services. CO-OP is your trusted [...]
There are certain things about my generation (GenX) that have always rang true in my personality, namely, that I am fiercely independent. By ten-years-old, I was a latch-key kid, taking care of myself after school, [...]
As credit unions continue to seek ways to increase their member count and make capital available to those members, they often overlook a key source of longer-term deposits: IRAs. By taking a generational approach to [...]
Generation X has it tough. A much smaller demographic than Boomers and Millennials, it’s often given short shrift by financial institutions. In fact, banks and credit unions serving small and midsize businesses should want [...]
There was a terrific Saturday Night Live skit earlier this year that matched Baby Boomers against Millennials in a game show format. After slinging insults about debt relief, Social Security, healthcare and other hot topics, [...]
When credit unions began, we were the original financial disruptors. Members would come to us to borrow money to finance cars and homes when traditional financial institution would not lend to them. Today, we often [...]
Much has been written about the how millennials today are slower to marry and buy homes than young people of the same age in previous generations, but they are not alone. Their Gen X elders [...]
Millennials. Millennials, Millennials, Millennials. Oh, did I forget to mention, Millennials? There they are, seemingly in every news story expose about politics, economics, social media, you name it. If there’s anything the Millennial Generation [...]
Fifteen million GenXers have hit the big 5-0, but most of them aren’t prepared for retirement. In fact, according to a Personal Capital study, 34% of Gen Xers said they haven’t saved anything [...]
When it comes to the topic of generations, there are waves of articles on millennials, focused on the differences between millennials and Baby Boomers, the pending generational wealth transfer and marketing to this younger demographic. [...]
Mobile banking is something that has been around for a while. But the fact is, with advances in mobile technology and the growing sophistication of customers, Mobile banking is not ‘nice to have’ but a ‘[...]
There's no doubt that smartphones and mobile devices have changed the way that we interact with our finances. The best mobile banking apps can now give you access to services that were once only available [...]
