Fintech

Many vendor relationships can offer more than meets the eye, and vendor partnerships can sometimes yield results greater than the sum of their respective parts.

First Tech FCU wanted to connect more strongly with new members in the first 30 days after they joined the credit union.

Dover FCU wanted to increase loan growth and improve front-line member engagement.

By adopting a NEW member acquisition strategy, American First CU increased many key metrics, including doubling the number of new checking accounts opened in branches.

Altra Federal Credit Union wanted more members –especially younger ones -- to use its mobile banking and remote deposit capture services.

Graves had been executive vice president since 2008 at the prepaid card maker, and he has worked at InComm since 1997. In his new position, Graves will report to Brooks Smith, chief executive.

Toledo Metro Federal Credit Union turned to Walmart for some loan marketing inspiration.

Though other credit unions have acquired portions of banks previously, Achieva says this is the first time a CU has engaged in a “whole bank” transaction, purchasing and assuming the total assets and deposits of Calusa Bank.

The field of membership expansion allows the $223 million credit union to add two more counties to its market.

Leagues across the country continue to take a stance on whether credit unions should be allowed to choose to join either CUNA or their respective leagues instead of requiring dual membership, with the Utah association the latest to announce its take on the debate.