Editor's Note: In part 2 of our two part blog series we take a closer look at what credit unions can do to change some of the grim statistics in the report. If credit unions want to gain back some market share, especially with the Millennial generation, they need to change some of the ways they are marketing their "different" services.
Editor's Note: What is a credit union? The answer for many seems to be hard to find. CUNA recently published a report in which it showed that many people are unaware of credit unions and their abilities to use them. In part one of a two part blog series, we take a closer look at some of these stats and discuss why credit unions may be in the position that they are.
Editor's Note: In this blog, we discuss Nassim Nicholas Taleb's book Antifragile and how it relates to the financial services industry. As consumers become more connected than ever before, it's crucial that banks and credit unions evaluate the industry deeply and create digital strategies for long-term success, not just using what's new.