Over 20,000 New Members Join the Credit Union Movement Via Union Credit's Marketplace [Yahoo! Finance]
QuinStreet, Inc. (QNST)
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Source: Yahoo! Finance
SANTA ROSA, Calif., November 18, 2024 BUSINESS WIRE Union Credit , the only marketplace for credit unions to deliver firm pre-approved, one-click credit offers at the point of purchase, today announced the success and recognition of its platform a year after launch. As credit unions prioritize balancing portfolios and attracting new members, Union Credit's platform has proven to be an effective member acquisition tool. In the past year, Union Credit has integrated over 50 credit unions into its marketplace, bringing in more than 20,000 new members to the credit union movement – 60% of which were under the age of 40 – and originating over $106M in personal loans. Additionally, 35% of new members have opened checking accounts. Union Credit achieves this by embedding pre-approved credit offers directly into digital platforms and merchant websites, including Experian, Way.com, Bankrate, QuinStreet, LendingTree, and more. This enables participating credit unions to connect with younge
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