Millennials would rather go to the dentist than listen to a credit union sales pitch


first_imgMuch has been written about marketing to and attracting millennials. This is especially relevant to credit unions. The average age of credit union membership is 47 and continues to increase. Meanwhile, 4.3 million millennials are turning 30 each year. That number also continues to increase. A solution to reducing the average age of members without compromising the older demographics is to provide financial products for millennials, beginning at the time they most need it.Millennials, as a demographic for financial services, are invaluable. According to the Global Financial Literacy Excellence Center, 38% of millennials have incomes $75k and up. Nearly half (49%) own their own home. While this somewhat reflects the statistics of their parents’ generation, the baby boomers, millennials are different than their boomer parents in many ways. As many have noted they are much more tech savvy, streaming music rather than putting in a CD, using Uber rather than hailing a taxi, pull out a phone while shopping in-store to see if there’s a better price online.But several of their macro habits are learned from their parents, the most relevant of which are banking habits. And specific to banking habits is the attitude toward credit. Millennials have witnessed parents, or their friend’s parents, lose jobs during the recession; they know someone who’s had their house foreclosed, or at the very least they’ve seen many of their peers get overextended in debt. They see using debit as “responsible”, and the use of credit as irresponsible or risky. 64% of consumers aged 19-34 told Experian in a survey that they consider credit cards “dangerous”. For issuers looking to bring younger consumers into their portfolios, this is a problem that needs to be addressed. And to add to this, alongside their skepticism of credit cards, they come into the picture saddled with student loans, on average $37,172 in debt. continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Theft charge lands man in jail


first_imgBasanez was brought and detained in theKalibo municipal police station’s custodial facility. Silvestre Basanez, 47, was caught on thestrength of an arrest warrant around 8:40 p.m. on Sept. 30, a police reportshowed. ILOILO City – Charged with theft, a manwas nabbed in Barangay Poblacion, Kalibo, Aklan.center_img The court recommended a P20,000 bailbond for his temporary liberty./PNlast_img

NPFL: Maikaba Reveals Reason behind Plateau Utd’s Consistency


first_img“Actually, our experience of last season helped in our preparation for this season. It was a lesson to us because we had to survive the relegation on the last day of the season.‘That is why we started preparations for this season very early; we noticed our problems from last season. In terms of playing personnel, we tried to recruit the players we felt will help us be better and started preparations very early. We played lots of friendlies, tournaments and it helped a lot. That is why you see that we are consistent this season”, the former Akwa United Coach stated.In addition to Plateau United, Rivers United and Lobi Stars have been the most consistent teams in the league this season and there has been a lot of talk from NPFL pundits that this season title will be fought between the three teams but Abdul Maikaba differs.According to Maikaba, it is too early to label a particular team or teams title contenders or favorites as there are still teams with outstanding matches.However, he praised the level of competitiveness of the NPFL this season and believes that it is only a matter of time before the league starts benefitting from it financially.“I do not believe that it is a three-way battle for the NPFL. In fact it is too early for us to tag a team or teams favorite because we are not yet half way through the season and we still have teams like Rangers, Enyimba that have outstanding matches.‘If they win all of their outstanding matches [which is totally possible] then they are back in contention to win the league. However, the fact that we are having a very competitive league is very good. If we continue in this way, it will only be a matter of time before we start benefitting financially.’ Maikaba told www.npfl.ngPlateau United are currently 2nd on the log, two points behind league leaders, Lobi Stars and level on points with Rivers United whom they face at home on Sunday.Maikaba revealed that Plateau United will approach the match with every seriousness and determination.“It’s an important match to us and equally to Rivers United because we are second and third on the log. We are going to approach the match with every seriousness.“We are going to prepare very well because we know we are going to face a team that is aspiring for the title. We are going to work hard throughout the week and hopefully we will take advantage on match-day. For sure, it’s not going to be an easy match but I assure our fans that we would not let them down.’Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Abdu Maikaba After his first season at Plateau United which saw the former champions struggle, Abdu Maikaba has enjoyed a brilliant start to the 2019/2020 Nigeria Professional Football League (NPFL) season placing second on the table after 17 games. The coach has attributed the team’s good run to an adequate preseason the team had.Maikaba explained to www.npfl.ng ahead of this weekend’s match against Rivers United, that last season poor outing which saw Plateau United narrowly avoiding relegation to the new resolve to prove a point this season.Maikaba spent most part of his first spell with the national junior team and only had occasional time with his players.last_img read more

Nigeria U23 Team Eliminated from AFCON


first_imgOn a day they needed just one goal to topple the South Africans and assure of a place in the last four – irrespective of the result in the other match between Cote d’Ivoire and Zambia – the Olympic Eagles failed to find their sting in the fore, dancing too much on the ball without effective contact or meaningful touches in the opposition critical zone.Perhaps awed by Nigeria’s array of stars in Kelechi Nwakali, Taiwo Awoniyi, Azubuike Okechukwu, Sincere Seth and Orji Okwonkwo, alongside respected home-based professionals Sunusi Ibrahim and Ndifreke Effiong, the South Africans preferred to absorb the heat for the first half hour. Seeing that the Olympic Eagles lacked the punch when it mattered, the Amaglug-glug came out to attack. And thrice they came close to putting the ball in the net, but met with the alertness and agility of goalkeeper Adamu Abubakar.Abubakar also saved the Olympic Eagles in the second half, as the South Africans fired from every angle, while Nigeria were looking to walk the ball into the net and stubbornly stuck to an ineffective strategy of trying to make hay from the wings.President of the Nigeria Football Federation, Mr. Amaju Melvin Pinnick, said the failure of the Olympic Eagles was a shock. “Working together with the Ministry of Sports, we have been able to provide the team with what is required for them to excel. The team’s failure to reach the semi-finals and ultimately qualify for the Olympics is a big shock.“Three years ago, football won the only medal that Nigeria took from the Olympics in Brazil. Our expectation was that this team would qualify for Tokyo and go there to do the country proud.”  Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram …Fails to qualify for men Olympics football eventCup holders, Nigeria have been booted out of the ongoing U23 Africa Cup of Nations in Egypt following a dire 0-0 draw with South Africa yesterday night that was not enough to see them through to the semifinals. The result meant they finished third in Group B and dropped out of contention for a place in the Men’s Football Tournament of next year’s Olympics in Tokyo.Failure at the Al-Salam Stadium in Cairo sustained an unsavoury streak of Nigeria appearing in the Men’s Football Tournament at every other Olympics since the year 2000. Champions in 1996 in Atlanta, USA where they won Africa’s first-ever football gold medal of the Olympics, the Nigeria U23 participated in the tournament in Australia in 2000; missed the event in Greece in 2004; took part at the event in China in 2008 and won the silver medal; missed the tournament in the United Kingdom in 2012; participated in the event in Brazil in 2016 and won the bronze medal and; will now miss Tokyo 2020.last_img read more