Sharing the credit union difference: Credit unions’ personal touch, empowered by tax status

While traditional banks offer a one-size-fits-all approach, credit unions are melding personalized, community-first service with agile lending solutions that not only empower local entrepreneurs but also spark broader economic revitalization in their communities. A recent America’s Credit Unions Blog post features stories shared by credit union CEOs Karyn Davis and Ray Springsteen, highlighting the importance of preserving the credit union tax status. Davis and Springsteen shared their vision of how strategic advocacy is driving changes across the industry, notably through three key actions:

• Providing a personal touch that makes a difference;
• Providing lending programs with community impact; and
• Advocating through storytelling and data.

Credit unions’ ability to rewrite the financial services playbook with this community-focused, member-centric approach is made possible by the credit union tax status. Read the full blog entry here.