In the latest report from Elan and PYMNTS.com, you’ll discover how important supporting the community is to member satisfaction, loyalty, and retention.
- 93% of consumers who say their FIs are generous with charitable contributions are “very or extremely satisfied.”
- 42% of Millennials would move their accounts over to FIs that donate to local communities.
- Millennials, on average, volunteer 50% more than Baby Boomers per year.
At Elan, we understand that supporting our partners goes beyond credit card servicing. In 2022 alone, Elan has donated over $625,000 on behalf of our credit union partners to nonprofits in their local communities.