Residents around this state are on notice: "Anyone Can Join A Michigan Credit Union." That message is the tagline of a new TV and radio campaign being launched next week as part of the Michigan CU Brand Campaign. The eight-week media blitz calls for radio buys in the state's most expensive markets: Detroit, Grand Rapids and Traverse City; and TV spots in the Flint, Lansing and Marquette markets. The three radio spots emphasize credit unions' superior service and lower fees and utilize the theme "Credit Unions: Where People are Worth More than Money." David Adams, president of the Michigan CU League, said the latest awareness campaign is designed less to increase membership, and more to develop awareness of the credit union tax exemption and to strengthen the political lobby. Credit unions are being encouraged to leverage off this media campaign to enhance the effectiveness of their own individual marketing efforts. About half of the state's credit unions have invested in the campaign and have been equipped with collateralized marketing materials to compliment the initiative. Listeners are directed to lovemycreditunion.org.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
8h ago -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
8h ago -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
11h ago -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








