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Bethpage FCU has seen strong checking and membership growth all year as a result of the Bank Transfer Day movement. But most important, the CU says, is that the new members coming in are profitable.
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Kristen Christian, the founder of Bank Transfer Day, says that her life is "barely recognizable" compared to a year ago.
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Deposits are growing at Department of Commerce FCU this year, but the CEO does not attribute the inflows to Bank Transfer Day and the anti-bank sentiment.
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Thanks to a strong and well-timed marketing push, membership is up at Upper Cumberland FCU, as is its loan-to-share ratio.
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One year after Bank Transfer Day, assets and loans continue to rise at First Capital FCU, and one person says he believes the consumer migration isn't over yet.
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Florida Central Credit Union relies on its onboarding program to drive deeper relationships with all the new members it's getting this year-having a 50% success rate.
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Bank stupidity. It is the gift that keeps on giving.
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Navy FCU says it's Bank Transfer Season, and that the consumer focus on credit unions is in no way waning.
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SeaComm FCU is adding members, at about 3% annually, but attributes the increase to the CU's growth strategies and not Bank Transfer Day.
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Total Community CU did not seen any real change in membership growth late last year or in 2012.
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Tuscaloosa CU has seen a spike in membership and checking growth the past 11 months and attributes a great deal of the increase to members reactivating their CU checking accounts due to unfriendly bank practices.
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The biggest boon to Vons CU from Bank Transfer Day is not the big membership increase, it's the fact many of the newcomers view the CU as their PFI.
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In the 12 months ending June 30, CUNA said its analysis indicates credit unions added 2.1 million new members.
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It's been a year since Bank Transfer Day, a Facebook posting that went viral and helped drive record membership growth at credit unions.
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Changes are coming to the credit union branch model.
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Is the branch dead? It clearly is not, says Mark Weber, president of Weber Marketing Group, who points to the record number of building projects and branch redesigns his firm has taken on in the past four years.
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MADISON, Wis.-How do consumers and members conceptualize borrowing and debt? How do credit unions respond to basic borrowing needs? Those questions are at the core of a new research paper from the Filene Research Institute that is based on research conducted at 11 credit unions nationally.
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Tower FCU has used an employee event to introduce its mobile banking offerings to employees, and that in turn has translated to high mobile adoption rates among members.
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ALEXANDRIA, Va.-NCUA said the total assets represented by CAMEL code 3, 4 and 5 CUs fell by $10.7 billion during Q3 as the NCUSIF equity ratio rose to 1.32% as of Sept. 30. The percentage of assets in troubled credit unions is at its lowest point since 2008. Overall, 15.1% of all federally insured credit union assets were in CAMEL code 3, 4 or 5 institutions, resulting in a one-percentage-point improvement from the end of the second quarter.
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