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Smart Watches and Your Credit Union

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  Banking with Wearable Technology The introduction of wearable technology is rapidly changing the way society operates. The impact of wearable devices, however, goes beyond just social behavior – it’s intended to change and improve everyday lives, healthcare and personal finances. A new and significant game changer in the wearable devices market is the Apple Watch, released to the public in April 2015. Smart watches are anticipated to lead the…

Credit Union and Banks

Bridging the consumer gap between credit unions and banks

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As we all know, credit unions comprise a relatively small portion of the overall banking market – accounting for 9.5% of the savings market, 10% of the credit market and 6.8% of the total assets under control.  It’s interesting to note, however, that there are slightly more credit unions in the United States than there are banks.  So, one must wonder:  Why do credit unions lag so far behind as…