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Banking Innovations
BY KEVIN STEHL
It goes without saying that the banking needs of credit union members ? and the way in which members want to bank ? have undergone a radical transformation over the past two decades.
Remember the days when banking was conducted when members walked into a credit union branch?While it may be hard for anyone under 30 to even conceive of this, there was a time when consumers would start a typical Saturday by going to their credit union to deposit a paycheck and take care of any other banking needs, then go to the dry cleaner, then the grocery store, then whatever else they needed to do, paying cash at each stop along the way.