By 2025, millennials will represent 75% of the workforce and 46% of total U.S. income.* Millennials (ages 18-34) are now graduating from college, starting careers and families, purchasing homes, and making financial decisions that will set the tone for the rest of their lives. What steps can credit unions take to foster financial relationships with millennials that will last a lifetime? *Source
More than 100 staffers at the Allentown, Pa.-based credit union took to the picket lines in a dispute with management over compensation and benefits, forcing the credit union to temporarily close at least two branches.