You are on page 1of 33

CU Tomorrow and REAL Solutions

September 17, 2009


Filene Research Institute
Young Adult Challenge
The Response
The Invitation
Numbers
Average age of
credit union member
47
Average age of
credit union member
Average credit card
debt of a college senior
$2,846
Average credit card
debt of a college senior
30 Under 30 members who planned
a credit union career
-Filene Research Institute
0
30 Under 30 members who planned
a credit union career
-Filene Research Institute
Prime borrowing years
25 - 42
Prime 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)
CU Member Age Distribution
1996-2006 1996
2006

Source: CUNA’s 2006-2007 National Member Survey


CU Member Age Distribution
1996-2006 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 CU
Results
Goal setting …

Raw Materials
+
Connections
=
Your CU
Results
Will you?
Ben Rogers Lois Kitsch
301.910.6272 202-508-6770
benrogers@filene.org lkitsch@ncuf.coop