A volatile 2022 has caused many people to fear we are headed for a global recession. For credit unions, the concerns are likely to lead to increased demand for services that provide members with sound savings strategies.
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Crypto – What has happened with crypto and what it means for credit unions
Cryptocurrencies had a disastrous 2022, marked by massive declines in value, criminal charges, and exchanges going out of business. For credit unions, crypto is a cautionary tale and one they should tell to their members.
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Tech Resources That Can Give Your Credit Union a Competitive Edge
Each day, new and innovative solutions are appearing on the market β some of which may hold the key to giving your credit union a competitive edge.
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7 Tips for Your Personal Finances to Reduce Stress
When you develop smart spending habits, especially at a young age, you position yourself for better financial security for a lifetime. Fortunately, today you can use a budgeting app to help you make good decisions and save money.
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3 Ways to Attract Younger Members to Your Credit Union
Sometimes itβs hard to believe how much the financial landscape has changed over the past few decades. Back in the old days, many financial institutions could count on the idea that the children of their customers would someday become second-generation customers. (more…)
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Should I Get a Student Loan?
Whether or not to take out student loans for college can be a very personal decision that comes with plenty of considerations. On one hand, a recent report from the Bureau of Labor Statistics confirmed that higher education does indeed tend to be the path to a higher salary.
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Education-Based Credit Unions Can Strengthen Their Financial Literacy Bona Fides With This Tool
Financial literacy is one of the key staples of credit unions. Unlike their contemporaries on the bank side of the industry, credit unions have a reputation for teaching their members useful strategies to improve their own financial wellbeing.
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Spave App Shows You How to Give While on a Budget
The desire to give back is a powerful one as people of all ages seek to serve their communities and the causes they care about.
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Financial Apps are Becoming More Popular Among Younger Generations
Gone are the days when managing money meant sitting down and separating bills into various piles. Young people today enjoy more access than ever before to mobile finance apps designed to make achieving goals like saving and budgeting effortless.
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Breaking Out of Consumerism Culture
From a historical standpoint, consumerism is actually a relatively new phenomenon in the American way of life. It emerged in the post-WWII 1940’s when the Great Depression and the devastation of war were in the rearview mirror, jobs were plentiful, and salaries were higher.