Millennials are killing Banks…

Millennials are killing Banks… Business Insider has article online about Millennials killing all kinds of retail type businesses – here’s what they say about banks: Millennials distrust financial establishments and rarely visit physical banks. “There’s a massive shift in consumer behavior and consumer trust,” Rick Yang, a partner at the …

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Credit Union Memberships Are on the Rise – But Why?

Rise of the Credit Union “In the year to April 2017, credit union memberships rose 4.8% faster than the 3.8% pace set in the year to April 2016, and the fastest pace in in the modern credit union era,” says CUNA Mutual Group, in a new study entitled “2017 Credit Union …

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Why it’s hard to leave your Big Bank…

Why it’s hard to leave your Big Bank… John Maxfield recently writes in The Motley Fool that customers who were ripped off by Wells Fargo, will find it hard to leave. Why? Because they have so many accounts/products with their big bank, it’s extremely difficult to make all those changes. …

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