CU Tomorrow Intro PPT

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REAL Solutions & Filene Research Institute Webinar: Intro to CU Tomorrow - September 17, 2009.

Transcript of CU Tomorrow Intro PPT

CU Tomorrow and REAL SolutionsSeptember 17, 2009

Filene Research Institute

Young Adult Challenge

The Response

The Invitation

Numbers

Average age of credit union member

47Average age of

credit union member

Average credit card debt of a college senior

$2,846Average credit card

debt of a college senior

30 Under 30 members who planned a credit union career

-Filene Research Institute

030 Under 30 members who planned

a credit union career-Filene Research Institute

Prime borrowing years

25 - 42Prime borrowing years

Credit union members in prime borrowing years.

38%Credit union members in prime borrowing years.

Down from 55% in 1985.-CUNA (2007)

Percentage of 25-34 year-olds with an interest-bearing savings account.

-Beacon Economics (2004)

47%Percentage of 25-34 year-olds with an interest-

bearing savings account.-Beacon Economics (2004)

Percentage of 18- to 24-year-olds classified as “asset poor” (liquid assets below $5,000)

-Haveman and Wolff (2001)

72%Percentage of 18- to 24-year-olds classified as

“asset poor” (liquid assets below $5,000)-Haveman and Wolff (2001)

1996

2006

CU Member Age Distribution 1996-2006

Source: CUNA’s 2006-2007 National Member Survey

1996

2006

CU Member Age Distribution 1996-2006

Source: CUNA’s 2006-2007 National Member Survey

Business briefs

Business briefs

Business briefs

Business briefs

Business briefs

Business briefs

Business briefs

… and more!

Young Adult IQ

… not just for fun …

Working together

Raw Materials Connections

+ =

Your CUResults

Goal setting …

Raw Materials Connections

+ =

Your CUResults

Will you?

Ben Rogers301.910.6272

benrogers@filene.org

Lois Kitsch202-508-6770

lkitsch@ncuf.coop