Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
iTheStreet.comi CUs among three hot trends
MADISON, Wis. (11/14/11)--"Credit union" is among the top three "hot trend" Internet searches cited by a Wednesday TheStreet.com article.

"'Credit union'" is trending as momentum continues to build in new memberships at credit unions following Bank Transfer Day, which occurred this past Saturday, Nov. 5," the article said.

The article cited Credit Union National Association (CUNA) statistics that on Bank Transfer Day alone, 40,000 consumers joined credit unions nationwide, depositing $80 million into their accounts. CUNA also announced that credit unions across the country added 650,000 new members in October.

Bethpage (N.Y.) FCU, saw an 85% increase in memberships during the five weeks leading up to Bank Transfer Day, compared to the same period year ago, TheStreet.com said. Bethpage FCU also opened 1,471 new checking accounts during a one-week Bank Transfer Day promotion, the article said.

BECU, Tukwila, Wash., added 699 new members on Bank Transfer Day, a 40% increase from a typical Saturday, the article said.


RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
20 hours ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
21 hours ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
23 hours ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
1 Day ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
1 Day ago