Pricing

What People Pay: Deposit Account Fees at Banks and Credit Unions
- Victor Stango, PhD, Associate Professor of Economics, University of California, Davis and Jonathan Zinman, PhD, Associate Professor of Economics, Dartmouth College
- Nov 20, 2009 3 Comments
The financial services regulatory environment is in flux. Major proposals are being debated, marked up, and prepared for implementation even as we speak. Credit unions are rightly concerned about the development of a new regulatory agency and the consequences of regulations that would inhibit their ability to serve consumers.One approach credit unions are utilizing to mitigate this risk is illustrating to policymakers how they are different from other players in the financial services industry.
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categories » Lending, Policy, Pricing
A Comparison of Bank and Credit Union Pricing
- Steve Swidler, PhD, J. Stanley Mackin Professor of Finance, Auburn University
- Aug 12, 2009 No Comments
U.S. credit unions famously have a long-running federal tax exemption on their corporate-level earnings, but a lesser-known tax benefit also exists for banks. Banks may incorporate as a Subchapter S (Sub-S) corporation, which eliminates federal taxes on corporate-level earnings.
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categories » Lending, Performance Measures, Pricing, Taxation
Chrome for Young Adults: Franchise Branching for Membership Growth
- Ben Rogers, driver, CU Tomorrow
- May 1, 2009 2 Comments
Gen Y is a key market segment for credit unions to reach in this recession. Its members still need loans and, compared with older Americans, fewer are deleveraging. The latest CU Tomorrow brief, Chrome for Young Adults: Franchise Branching for Membership Growth explores a retail delivery concept that uses modern branching to attract this elusive segment.
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categories » CU Tomorrow, Innovation, Marketing, Consumer Behavior and Market Research, Pricing, Young Adult Recruiting