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The CU's latest survey reveals the majority of younger generations are stressed about finances.
CUs must offer an analogous experience, meeting members in their most preferred and frequently used channel.
The nation's largest CU says it received over $2.7 million in RTP deposits during its first full day on the network.
The decision comes as more than half of Americans now use some kind of contactless experience.
Digital payments and disbursements can help differentiate credit unions from competitors.
Rising technology and service demands contribute to plans for the year-end merger.
The merger is expected to close by the end of 2023.
The legislation will also hurt small FIs like CUs the most, limiting their ability to even offer members a credit card.
CUs must acknowledge the importance of both domestic and international instant payment access.
The pattern in debit and credit card spending matches the trend for U.S. retail spending.