All 216 credit unions with assets between $500 million and $1 billion offer online bill payment services to their members as of September 30. Bill payment allows members to easily pay their bills online and can help eliminate the possibility of missing a payment.
As a general rule of thumb, the larger the credit union, the more likely they are to offer bill payment. Of the 825 credit unions with less than $2 million in assets, only 5, or 0.6%, offered bill pay options for their members.
PERCENTAGE OF CREDIT UNIONS OFFERING ONLINE BILL PAYMENT
DATA AS OF SEPTEMBER 30, 2012
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Generated by Callahan & Associates' Peer-to-Peer Software.