In the News

Mom and pop' credit unions are losing the tech race — and members

Written by Ken McCarthy | Jan 10, 2023 5:33:00 AM

Mega-credit unions can better afford marketing and partnerships with fintechs that can expand their market reach, said Vincent Hui, managing director at Cornerstone Advisors. "This is why strong credit unions are considering mergers — so they have the economies of scale to invest in those strategic capabilities," he said.