The digital imperative for credit unions
[...]Elevating digital sales can help credit unions win over younger consumers, who are integral to their future success.[...]
[...]In an era when digital experiences are closely tied to customer loyalty and financial success, credit unions stand at a crossroads. In a 2024 article, we spotlighted the growing chasm between credit unions and their competitors, a gulf that’s particularly noticeable among younger generations. Despite credit unions’ inherent advantages over banks, such as stronger member relationships and community ties, they are losing ground in the digital space.[...]
https://www.mckinsey.com/indus....tries/financial-serv