Game Day is a big day. Note the fact that Game Day is capitalized. It is a full on proper noun--an entire experience. As some USC students adamantly proclaim, “it’s as marathon, not a sprint.” They are pretty correct. However, everyone does Game Day differently. There are the endurance competitors, the casual spectators just along for the ride, and everyone in between. The USC Credit Union is here to support all types of Trojan fans. Whether you live for Game Day or you somewhat fear Game Day, we would like to offer tips and tricks from experienced tailgaters of all perspectives.
If you’ve been following this blog, you may have suddenly realized that you want everyone in your family to become member-owners of the USC Credit Union. However, they might also be hesitant to make the switch. The process of closing one account and opening another appears daunting, but it is actually very easy! If you want to share the joy of lower fees, greater accessibility, and better resources with a loved one, just send this blog their way to clarify the process.
There are now 100 million credit union members across the U.S., the Credit Union National Association announced Tuesday. Combined, credit unions have $1.1 trillion in assets. And credit unions are attracting millennials at a rapid pace, which is good news for the future.
But even if they are no longer a tiny corner of the banking universe, credit unions remain small when compared to commercial banks, which hold $14.8 trillion in assets. Despite their rapid growth, credit unions still represent only 7.4 percent of banking assets. To put things in perspective, JP Morgan Chase (JPM) and Bank of America (BAC) have combined assets of $4.5 trillion: two banks have four times the assets of all the nation's credit unions combined.