How Can Credit Unions Reduce Reliance on Fee Income and Reimagine Non-Interest Income?

credit union nii and fee income panel from cu 2.0 brainstorm event

This blog is based on an expert discussion at our Summer 2022 Brainstorm Event. Register to attend our next one now! Credit unions are facing an event that could spell trouble if not properly and swiftly addressed: The industry’s big source of non-interest income, the non-sufficient funds (NSF) fee, is falling out of favor, both with […]

Credit Unions, Gen Z, and Harness Giving

Harness giving for credit unions and gen z values from cu 2.0

Quick note—the premise of this blog is based on Gen Z, but the fintech in question—Harness FI, connected to Harness Giving through its parent company Harness—isn’t built around Gen Z appeal. Millennial and Gen Z loyalty is not easily earned. Politically involved and environmentally conscious, these younger generations have high standards for companies. At the […]

Non-Interest Income (and How Fintechs Can Help)

credit union non interest income brainstorm panel cu 2.0

This piece is based off of a roundtable discussion at the CU 2.0 Brainstorm Event in January 2022. It’s not intended to be comprehensive—rather, it will provide a quick look at new opportunities for non-interest income for credit unions (and where fintechs are providing a lift). As noted in the panel, credit unions survive by […]

Interchange Optimization Guide for Credit Unions in 2019

Yes, loans and interest-based income will continue to be prime income generators for you. Non-interest income just isn’t as lucrative or glamorous. Still, those pennies and dollars from each swipe can stack up. With the right approach, it’s possible to supercharge your interchange income. With that in mind, we figured we should put together an […]