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Sunday, July 5, 2015
Developing the 'Branch of the Future' Right Now: NAFCU Coverage
There's been a lot of talk about futuristic branches. Here's how two CUs have already implemented their own strategies to take their networks to the next generation.
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CO-OP Shared Branch has overtaken Bank of America in number of branches, and now is the third-largest network of financial institution branches in the United States, according to data drawn from the FDIC. more »
ATM management company Dolphin Debit has placed large, drive-up ATMs at Murphy USA fuel stations, adjacent to Walmart stores, for credit unions in Mississippi and Texas. more »
The number of branches at credit unions and banks has been surging for decades and presents some challenging problems for financial institutions as they face an ever-increasingly competitive landscape in the future. more »
VACAVILLE, Calif. — Whatever you do, don't call it a branch. Travis Credit Union 23rd location is a Financial Solution Center. more »
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. more »
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 »
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Car-Buying GPS
This video focusing on car-buying tips is one of three similar spots from the Young Adult Advisory Panel at CU West in Glendale, Arizona. More YAAP videos can be seen at youtube.com/creditunionwest
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