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Key Findings: Blueprints for Innovation

Credit unions strive to help members build sound financial lives. But helping members change can be like exercising and eating right: ingrained habits are very difficult to break even when you know what to do.

  • Denise Gabel COO at Northwest Credit Union Association

Executive Summary

To help the credit union industry positively inspire its members in new and effective ways, Filene Research Institute has released its latest edition of Key Findings: Blueprints for Innovation. The ideas presented within are intended to help credit unions stay future-focused and are meant to encourage fresh thinking on a daily level, while providing the framework to implement ideas.

What is the research about?

This report provides several blueprints all designed to stretch your imagination and provide you the framework from which to build something new, different, and tangible—something valued by the marketplace. Key Findings: Blueprints for Innovation presents seven innovations that credit unions can use to help members to simplify their financial lives and overcome their financial obstacles. The report also provides updates on seven innovations previously introduced by Filene i3 , reminding readers of these exciting proposals and supplying news from the field.

What are the credit union implications?

The latest issue of Blueprints includes ideas related to helping credit union members build wealth, navigate financial waters, meet life’s milestones, and borrow. It also provides ideas for how credit unions can make a difference in the communities they serve. All the ideas in the report revolve around these four areas of inspiration:

  • Providing members with stress-free financial experiences.
  • Addressing credit union competition.
  • Using technology and media to deliver services to members.
  • Allowing adaptation by individual credit unions or communities