Credit union members tend to stick with their credit unions after they move, according to a new study by Filene Research Institute.

In late 2014, the Madison, Wis.-based institute surveyed 862 people who moved to a different U.S. city in the past three years to find out whether credit unions and other financial institutions lose market share when people relocate. About 69% of the respondents said they did not change financial institutions after they moved.

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Tina Orem

Credit Union Times

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