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Credit unions are losing ground with younger generations. To stay relevant, they need to engage millennials and Gen Z by enhancing digital capabilities and service. Discover six strategies to future-proof business models➡️ https://mck.co/3ZFCJcd
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Insightful
Credit unions are so far behind who even knows what those are in 2024. It's all digital #technology now. Thoughts? 👍
Younger highly qualified professionals asking for $175 K starting salary with 10000 joining bonus can street side consulting agencies Dellbridge and Vena implementing cheap low class obsolete Gartner Anaplan and Oracle technologies offer that 😀😀😀😇😇
Digital Marketer | SEO Executive| Digital Marketer| Inbound & Outbound Marketing | Social Media Marketing | Email Marketing | Product Marketing | 6+Years of Experience in Content Writing and Digital Marketing.
3moMcKinsey & Company, Credit unions have a unique opportunity to connect with younger generations by evolving with their needs. Here are some thoughts on how they can stay relevant: - Embrace technology: Just as we carry smartphones everywhere, credit unions should integrate digital tools that make banking seamless and accessible. - Foster community: Younger members value relationships. Creating a sense of belonging through local initiatives can deepen loyalty. - Simplify services: Like a well-organized app, financial services should be straightforward and user-friendly, minimizing confusion. - Offer educational resources: Empowering members with knowledge about financial literacy can build trust and confidence. - Be transparent: Honesty fosters connection; clear communication about fees and services resonates well with younger audiences. - Innovate continuously: Just as trends change, so should credit unions adapt and offer fresh, relevant solutions. By focusing on these areas, credit unions can secure their place in the future, ensuring they remain a trusted partner for generations to come.