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Thursday, March 26, 2015
Physical Branches Have Staying Power, FDIC Study Says
Online banking, ATMs and other advances have limited face-to-face transactions, but new Federal Deposit Insurance Corp. research says the brick-and-mortar office isn't going anywhere just yet.
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LONGVIEW, Texas — East Texas Professional CU saw member sales increase at the same time average visit times decreased after implementing a new lobby tracking system. more »
The new year represents a chance for credit unions to take a close look at their branch networks and identify areas to cut costs as well as look for opportunities for growth. more »
COLUMBUS, Ohio—Telhio CU has purchased a former Huntington Bank branch here for $2.5 million, with plans to renovate and move in by early 2016. more »
Credit unions can and should “re-imagine” their branches to drive growth, according to a new white paper. more »
FITCHBURG, Mass. — Workers' CU here is giving more than $2.5 million back to its members for the second consecutive year. more »
LANSING, Mich. — Lake Trust Credit Union is set to relocate its headquarters to Brighton, Mich., about 45 miles to the east, but it's the CU's planned new corporate facilities that some observers say could have lasting implications on how other credit unions design their management offices. more »
WICHITA, Kan. — At Meritrust CU here, the two branches overseen by Sara Carver are something of a study in contrasts. more »
CLAMONT, Del. — Transforming one location of Eagle One FCU here has transformed branch traffic as well. more »
FITCHBURG, Wis. — Summit CU remodeled its branch here in early 2013 as part of a move to "inspire" members to dream more, and the project appears to have paid off. more »
CINCINNATI — As banks cut back on branches, credit unions are stepping up their interest in bricks-and-mortar service delivery. more »
GLENDALE, Calif. — When it was time to remodel its branch here earlier this year, Los Angeles Federal Credit Union installed touch screen and other technology to up its cool quotient. more »
SAN ANTONIO — Credit union branches are less likely to be a "destination" for members, so the key is to be where the members already are. That's why progressive CUs are exploring and expanding in-store branch opportunities. more »
Branch transformation is a hot topic these days — it seems everyone has a different idea of what it means. When I ask credit unions what they think of it, I get a myriad of responses. more »
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A Northwest Legend
As the 35-year anniversary of the Mt. St. Helens eruption approaches, iQ CU has a spot focusing on its position as another "Northwest Legend."
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