What factors influence the share of member deposits allocated with credit unions versus other financial institutions also used by credit union members? What member-level metrics should credit unions monitor to gauge their performance against competitors that will link strongly to members’ share of deposit allocations?
Join Filene in piloting the Wallet Allocation Rule to find out.
Credit union credit card lending has grown 49% to more than $33B in the past five years. Credit unions now hold 4.6% market share in credit cards, and cards account for 6.3% of all credit union loans. Despite this remarkable growth, banks are far outpacing credit unions in new revolving loan growth.
Thank you to those who attended the 2012 Filene Chair’s Breakfast. The Institute is truly grateful for your generous support and commitment to Filene’s research and innovation programs. The purpose of the breakfast is to honor and thank our special members/friends and provide a forum for a lively discussion. Filene Benefactors, Founding, Honorary, and Leadership Circle Members of the Institute are invited to this annual event.