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Credit Union Folks and Fans

Once you go credit union, you never go bank.

This group is for those who work for a credit union or are a member at a credit union. Share your experiences, comments, concerns here.

Credit Unions serve over 90 million people worldwide with a motto of "people helping people". Do you know what makes them so great? Lower rates, non-profit, member owned, dedicated to the community, and more. Sound like your kind of place? It is.

Picture from oboejoe92's flickr.

Network Leader: Kelsey Balcaitis

Networks > Credit Union Folks and Fans

Rebecca Thorman Saw this and thought of you, Kelsey - Banking on Gen-Y

According to a survey performed by Cisco's Internet Business Solutions Group, banks can expect to see long-term revenue gains ...MoreSaw this and thought of you, Kelsey - Banking on Gen-Y

According to a survey performed by Cisco's Internet Business Solutions Group, banks can expect to see long-term revenue gains of up to 10% by engaging Gen-Y consumers in social media. The report found that Gen-Y, while not yet major earners, is very trusting of financial institutions that offer professional financial advice. This broke from the researchers' expectations of low trust levels because of the recent banking troubles.

1 week ago from Credit Union Folks and Fans

Rebecca Thorman: Banks that offer advice and online tools will find a very willing base. One third of those surveyed were open to having a completely virtual ...MoreBanks that offer advice and online tools will find a very willing base. One third of those surveyed were open to having a completely virtual relationship with their bank. Another 40% currently use online tools offered by their banks and are four times more likely to post financial questions on blogs and forums.
http://www.americanbanker.com/bulletins/cisco-study-social-media-key-101...
1 week ago

Kelsey Balcaitis: Thanks for sharing- this information is very interesting. Sadly though, I believe it. Most Gen Y'ers don't know what a credit union is and most ...MoreThanks for sharing- this information is very interesting. Sadly though, I believe it. Most Gen Y'ers don't know what a credit union is and most credit unions lack the higher tech programs for things like online and mobile banking. It's been a continual struggle for credit unions to attract and retain gen y members. Many think that social media is the golden ticket and ignore online services. This will be key in getting Gen Y in the door. Thanks!
1 week ago

Kelsey Balcaitis Would you be interested in learning more about the issues that affect credit unions and their members via social media tools like Facebook, Twitter, blogs, etc.? Or would that turn you off?

2 weeks ago from Credit Union Folks and Fans

Kelsey Balcaitis Credit Unions and local community banks are getting lots of national attention...

MoreCredit Unions and local community banks are getting lots of national attention...

http://www.cbsnews.com/stories/2009/12/17/earlyshow/living/money/main598...

http://www.huffingtonpost.com/daniel-mica/consumers-are-moving----t_b_41...

http://www.suzeorman.com/igsbase/igstemplate.cfm?SRC=SP&SRCN=suzescoop&G...

6 weeks ago from Credit Union Folks and Fans

Jung Fitzpatrick Rivermark Credit Union Member, Portland Metro, Or, in the house!

14 weeks ago from Credit Union Folks and Fans

Kelsey Balcaitis: Welcome to the group!
14 weeks ago

Kelsey Balcaitis A play on the Mac and PC commercials.

http://www.bankerspank.com/

19 weeks ago from Credit Union Folks and Fans

Jung Fitzpatrick: This was clever--thanks for sharing!
14 weeks ago

Kelsey Balcaitis Why we do what we do. The credit union philosophy:

MoreWhy we do what we do. The credit union philosophy:

http://creditunion.coop/history/cu_philosophy.html

19 weeks ago from Credit Union Folks and Fans