When it comes to perceived competitive threats, banks and credit unions have very different viewpoints. Sixty-six percent of banks said they considered credit unions or other community-based institutions their biggest competitive threat, while only 15% of credit unions believed big banks to be their biggest competitors. Rather, most credit unions said they view challenger/neobanks as their biggest competitors (38%), followed by big tech companies (23%).
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.