Online Version: https://thefinancialbrand.com/news/bank-culture/golden-opportunities-2450
As if credit unions need another reminder…
Published on October 9th, 2008 in Leadership & Management
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Need more proof that existing market conditions are creating an optimal environment for credit unions to flourish? Here it is.
“As banks struggle, credit unions get rush of new customers.”
— The News Tribune
“Credit unions make sense now more than ever.”
— Wall Street Journal MarketWatch
“Consumers are now thinking seriously about switching
their cash from banks to credit unions.”
— Northwest Cable News
“Wachovia customers use their feet, head for credit unions.”
— Wall Street Journal MarketWatch
“We’ve run out of switch kits.”
— TAPCO Credit Union, in the News Tribune
“Credit unions have a chance to attract new members to savings accounts right now.”
“There is going to be tremendous loan demand. You’re going to have to tweak your strategies, and let more members know you’re there.”
— Dave Colby, CUNA Mutual’s Chief Economist in the Seattle Times
“Despite national downturn, local credit unions are thriving.”
— Wisconsin State Journal
“Credit unions are attracting new deposits.”
— Santa Cruz Sentinel
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