3 Important Reasons to Offer a Credit Card to Members

The reputation built by credit unions as not-for-profit financial institutions is an important one with a great deal of significance. It means credit union members trust they will be viewed as individuals, receiving personalized services focused on their needs. To meet these expectations, a full range of financial services is required. One of the most important of these services is a credit card program designed to support members’ financial goals.

How Technology, the Economy, and Fraud Concerns are Impacting Credit Card Use

The way consumers use credit cards is changing and has been influenced by advancements in digital technology, shifting economic conditions, and concerns about rising fraud. Understanding this shifting consumer behavior can help credit unions adjust their products and services to better meet member needs.

Envisant Difference December 2023

How North Star Community Credit Union Grew Its Credit and Debit Programs with Envisant

Envisant’s knowledgeable team was instrumental in answering the North Star credit union’s questions and providing insights into new strategies that would help both their debit and credit programs grow.

BankSocial® Launches Open Banking Platform with The Hashgraph Association Investment Bringing credit unions new capabilities, deposits, and revenues

How to Prepare for Seasonal Changes in Holiday Spending with Prepaid Cards

How are credit union professionals like meteorologists? Both need to look out for changes in seasonal patterns. For credit unions, however, those patterns represent consumer behavior that can give insights into how to meet member needs. This holiday season’s consumer patterns show overall tightening of budgets, but with pockets of increased spending among younger generations, especially via digital channels. Meanwhile, fraud temperatures are rising and heating up the need for consumer protections.

Debt Trends. How to Spot and Address Potential Delinquencies

Years of experience in collections services has shown me the importance of being proactive about member debt. Addressing potential delinquencies before they can happen fosters more financially healthy members and increases their trust in your credit union. Staying on top of debt trends can help with this goal. Below is a brief breakdown of the latest debt trends that could impact your members and practical steps your credit union can take to help.

The Rising Trend of the Buy Now, Pay Later Market: How Credit Unions Can Respond

How to be One of the Best Credit Unions for Small Businesses