Sign In To Keep Reading!
Need To Register?
Thank you for your interest in reading the fantastic content we have on CreditUnions.com! All users must log in to read, research, browse, and have fun on CreditUnions.com. It's free to create an account.
Learn What You're Missing
Upgrade Your Subscription
Back to CreditUnions.com
Read & Watch
Deposits & Payments
Operations & Technology
Search & Analyze
Find A Credit Union
Find A Credit Union Executive
Build A Peer Group
Strategy & Performance
Anatomy Of A Credit Union
Market Share Guides
Credit Union Directory
How To Eliminate Fees And Improve The Memb...
A Strategy For ALM Years In The Making
Why Pioneer FCU Tops The Leader Boards
Third Quarter 2016 Shares By The Numbers
How To Cross $10 Billion And Keep On Going
A Strategy To Serve C/D Paper Borrowers
It's Time For Student Loan Refinancing
5 Tips To Survive Multiple Mergers
What Lurks In The Dark Web?
An Education In Online Banking Conversion
ACH Data Means More Lending For A NY CU
A Strategy To Market What Members Want
Membership Abstract: In Search Of Non-Interest Income
In Search Of Non-Interest Income
3 Must-Haves For Every Credit Union Annual Report
Who Owns Business Analytics?
Community Involvement, CECL, Succession At NAFCU Confab
Industry Performance (3Q 2015)
4 Ratios All Staff Members Should Know
How Patelco Credit Union Aligned Its Leadership Team Around Strategy, Language, And Framework
Industry Performance (1Q 2016)
Industry Performance By The Numbers (4Q 2015)
Merger Activity through the 3rd Quarter of 2006
Checks and Balances: Share Draft Strategies
Merger Update: 2005 Activity
Share Growth Action Steps
Finding an Ideal Merger Candidate
Nov. 8, 2004
Whitefish Credit Union
Are they truly serving their members' needs or the credit union's? Not offering checking accounts forces their members to use another bank or CU.
Interesting. Thought we were basic.
Sounds a lot like an old S&L...but that is coming from the largest FULL service credit union in the state...Missoula Federal CU.
Are they just an investor's club or are they a credit union? Not offering checking is not serving their members' needs.
19% share growth sounds like their serving their members' needs - plus I'd suspect that some of that share growth is the result of better dividends. Members have a funny way of showing approval with their money. Goes to show that any strategy can be effective if executed properly.
Checking accounts can be very costly. Even Whitefish CU has a checking acct with a bank. When banks are paying .5% on a savings acct, WCU (Whitefish credit union) is paying 2% + (lowest it has been ever I think). When was the last time you saw a bank pay that on a saving acct (not a CD). I looked around at some local banks and saw that to get the same yield at bank I would have to put the money into a 2 year CD. At WCU if I need my money it is right there. Plus, if I'm late on a loan payment all I have to pay is the interest, not a huge late fee and all that. Also, if I have a question, I speak to some local, not someone in another country or on the moon. The credit union is just what I need, not perfect, but better than the rest. (BTW-They do have a debit card and bill pay)
i love you no frills and i want you 2 marry me but this article is off the charts plz forgive me babe
Membership Abstract: In Search Of Non-In...
Industry Performance (3Q 2015)
Merger Activity through the 3rd Quarter ...
1001 Connecticut Ave. NW Suite 1001
Washington, DC 20036
P: 800-446-7453 F: 800-878-4712
© 2017 Callahan & Associates, Inc.
All rights reserved