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Member Growth: Top 10 CUs*

May 01, 2006
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Member Growth: Top 10 CUs* May 1, 2006  % growth# of membersToledo (Ohio) Area Community CU252.9%66,250Coastland FCU, Metairie, La.185.711,126SI EFCU, Saratoga Springs, N.Y.137.9138St. Paul's Parish FCU, Akron, Ohio132.32,500Centra Health CU Inc., Lynchburg, Va.131.93,312New Orleans Police Department ECU127.22,720Faith Tabernacle Baptist FCU, Stamford, Conn.121.1630DuPont Goodrich FCU, Nederland, Texas112.625,897Table Rock FCU, Shell Knob,...
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Recent Discussion

We utilized this product for a few months right now, but it doesn't seem to have much value in comparison to our other online tools. Good concept, works well. It just seems that our membership is not interested.

You make a good point, Wally. I should have caught that one. I'll take that out tidbit.

According to the article, "Bankrate.com examined 56 high-yield checking accounts...and found the average annual percentage yield (APY) to be 1.64%—nearly 33% higher than the average interest-bearing checking account (0.05%)." By a show of hands, who thinks a 1.64% APY is only roughly 33% higher than a 0.05% APY? Hmmm...

Steve, As always, the E-Scan provides key strategic insights for credit unions to consider. When it comes to reaching Generation Y (trend number 10), one of the best things credit unions can do is to target mom and dad. Research indicates that most young people start their first "bank" experience where their parents recommend. So to reach Gen. Y, go after mom and dad. Mark

Ed, this is correct: 100% is a 1-to-1 relationship, not 1%, which is a 1 to 100 relationship.

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