Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Study Connecticut FIs double mobile tech use
HARTFORD, Conn. (7/20/11)--State-chartered financial institutions--including credit unions--in Connecticut are expected to more than double their mobile technology offerings this year, according to a 2010 survey of electronic banking activities in the state by the Connecticut Department of Banking. Greg Bordonaro discussed the results of the survey in his weekly “Financial Sense” column posted on HartfordBusiness.com (July 18). The study showed that 10% of state chartered credit unions offered mobile banking to their members in 2010, but that figure was expected to double this year. Less than 20% of state-chartered banks made mobile banking available to their customers, but that number was expected increase to nearly 50% in 2011. The survey also found that less than 10% of Connecticut credit unions had a social media presence in 2010. Credit unions use their websites for loan activity, according to the survey, with 60% reporting they provide loan application downloads and nearly 60% providing loan history information.


RSS print
News Now LiveWire
Jobless claims drop by 19,000 this week #Market #NewsNow http://t.co/LSqaYCsmX4
28 minutes ago
#RBC draws letters from @SenatorBegich, @SenShelby to @TheNCUA See #NewsNow http://t.co/JvLBwkHwxF
1 hours ago
It's #summercamp with a financial literacy, #creditunion twist http://t.co/5eaps9ZoVB
3 hours ago
Mich #creditunions encourage everyone to #CULunchLocal Oct 14 as part of #ICUDay http://t.co/NZp71fgr8Z
4 hours ago
.@IllinoisLeague Hession: #HB5342 cause for celebration...will serve as a model across the country for state, fed regulators @GovernorQuinn
4 hours ago