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CU System
Serving The Underserved Topic Of CU Magazine Special Report
MADISON, Wis. (6/19/13)--How credit unions are reaching out to serve the underserved is the focus of a new Web Exclusives special report from Credit Union Magazine, released Monday.

The report features six articles, including coverage of sessions at the National Federation of Community Development Credit Unions' 2013 Annual Conference in Baltimore and at the Center for Financial Services Innovation's Eighth Annual Underbanked Financial Services Forum in Miami, Fla.

The articles include:

  • "Serving Low-Income Populations Requires Innovation."  Community development innovator William Bynum said low-income communities need credit unions to be creative.
  • "Reach the Underserved." Tips for credit unions from Jonathan Mintz, New York City commissioner for consumer affairs.
  • "How to Build Community Partners." A panel's advice: "The only ones that work are those where everybody gets value."
  • "Why Financial Empowerment Matters." Consumer financial education amplifies the impact of other social programs.
  • "Prepare for the 'Tidal Shift' Shaping Financial Services." Mobile banking and hybrid cards are among the changes in services to the unbanked.
  • Scenes from the Federation's 2013 Annual Conference. Speakers urge credit unions: Don't wait for immigration reform to reach out to immigrant community.
Use the links for more information.
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