ARCHIVE BY CATEGORY: Member Retention

Shared Branching: Saves Costs and Maintains Member Service During Difficult Times

BY IN Growth, Member Retention, Shared Branching Benefits On May 16, 2014

With today’s economy still sputtering, credit unions – and just about any other organization across the nation – remain vigilant about cutting costs to survive and hopefully thrive when the economy returns to good health. In the meantime, credit unions [...]

5 years ago / Comments Off on Shared Branching: Saves Costs and Maintains Member Service During Difficult Times

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Expand Your Branch Presence While Maintaining Costs

BY IN Growth, Locations, Member Retention On August 15, 2013

Learn how Midwest Carpenters effectively expands their branch presence. [...]

5 years ago / Comments Off on Expand Your Branch Presence While Maintaining Costs

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Physical Branches and Member Retention

BY IN Growth, Member Retention On August 15, 2013

Your best members still like brick-and-mortar branches. [...]

5 years ago / Comments Off on Physical Branches and Member Retention

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How Shared Branching Fills the Closed Branch Void

BY IN Member Retention On April 28, 2011

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. Credit unions closing branches over the past couple [...]

8 years ago / Comments Off on How Shared Branching Fills the Closed Branch Void

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Purdue Federal: Shared Branching Helps Increase Member Retention by 25%

BY IN Member Retention On April 20, 2011

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, Purdue Federal Credit Union ($641 million; 59,448 members; West Lafayette, [...]

8 years ago / Comments Off on Purdue Federal: Shared Branching Helps Increase Member Retention by 25%

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Midwest Carpenters Expands Branch Presence While Saving Costs

BY IN Growth, Member Retention On March 28, 2011

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 [...]

8 years ago / Comments Off on Midwest Carpenters Expands Branch Presence While Saving Costs

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Eli Lilly FCU Leverages CU Centers Shared Branch Network for Increased Member Access

BY IN Growth, Member Retention On August 6, 2010

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 Lilly Federal Credit Union ($983 million; 47,517 members; Indianapolis, IN) was a single [...]

8 years ago / Comments Off on Eli Lilly FCU Leverages CU Centers Shared Branch Network for Increased Member Access

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Credit Union 1 on Shared Branch Networking

BY IN Member Retention On August 6, 2010

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 in today’s disdain for Wall Street and [...]

8 years ago / Comments Off on Credit Union 1 on Shared Branch Networking

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