ARCHIVE BY CATEGORY: Case Studies

Physical Branches and Member Retention – Part 1

BY IN Case Studies On May 16, 2014

Credit unions have seen quite a bit of membership growth over the last year – much of it due to the consumers’ disdain over the poor reputation commercial banks have earned lately. Credit unions, to their credit, have profited from [...]

4 years ago / Comments Off on Physical Branches and Member Retention – Part 1

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Shared Branching a Strategic Solution for Member Retention

BY IN Case Studies On May 16, 2014

Credit unions have seen quite a bit of membership growth over the last year – much of it due to the consumers’ disdain over the poor reputation commercial banks have earned lately. Credit unions, to their credit, have profited from [...]

4 years ago / Comments Off on Shared Branching a Strategic Solution for Member Retention

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Increased Member Access: Eli Lilly FCU

BY IN Case Studies On May 16, 2014

Eli Lilly FCU Leverages CU Centers Shared Branch Network for Increased Member Access As new member access to branches increase, Eli Lilly Federal Credit Union incorporates CU Centers Shared Branching Network to add convenience and service. For 78 years, Eli [...]

4 years ago / Comments Off on Increased Member Access: Eli Lilly FCU

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Member Retention: Purdue Federal CU

BY IN Case Studies On May 16, 2014

Purdue Federal: Shared Branching Helps Increase Member Retention by 25% Through its shared branch network, Purdue Federal members used over 2,000 different branches from 745 credit unions across 20 states to make deposits and conduct other transactions.  In the not-so-distant-past, [...]

4 years ago / Comments Off on Member Retention: Purdue Federal CU

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Expense Reduction

BY IN Case Studies On May 16, 2014

How Shared Branching Fills the Closed Branch Void No matter how painful, closing credit union branches is a reality in today’s economy. But there is an answer that can fill the void of an empty location to keep members engaged. [...]

4 years ago / Comments Off on Expense Reduction

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Expand Your Branch Presence

BY IN Case Studies On July 12, 2012

Because if its many conveniences, shared branching has become a core part of Midwest Carpenters’ business strategy to continue growing while keeping expenses in check. Many times credit unions want to expand but cannot afford to because of the expense [...]

5 years ago / Comments Off on Expand Your Branch Presence

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Shared Branching Best Practices

BY IN Case Studies On June 22, 2012

The following article appeared originally as a “CU Journal Best Practices” entry by: Paul Simons, President/CEO (PSimons@creditunion1.org) We are big on shared branching. It promotes the cooperative nature of credit unions to our members, which certainly has a great appeal [...]

5 years ago / Comments Off on Shared Branching Best Practices

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