Credit Union Leaders In Online Banking Technology
For all U.S. credit unions <$50M in assets | Data as of December 31, 2013
Callahan & Associates | www.creditunions.com
| 21 Tech Savvy Credit Unions Under $50M | ||
| STATE | NAME | ASSETS |
| TX | Alamo | $43,050,670 |
| ME | Brewer | $47,371,933 |
| OH | Bridge | $44,797,482 |
| TN | Collegedale | $40,077,546 |
| WI | CONE | $29,105,851 |
| TX | Dallas | $47,794,987 |
| IA | Des Moines Police Officers | $42,450,094 |
| NY | Education Affiliates | $49,432,099 |
| WV | Element | $26,554,637 |
| OK | Encentus | $29,554,444 |
| OR | EWEB Employees | $21,296,518 |
| NE | Gallup | $15,646,098 |
| OH | Great Lakes | $25,543,167 |
| CT | Hartford Healthcare | $31,646,989 |
| NC | Lion’s Share | $35,530,205 |
| NM | Loco | $39,037,280 |
| OH | New Horizons | $38,674,257 |
| NM | Roswell Community | $24,831,328 |
| NY | Saratoga’s Community | $38,584,315 |
| WA | SnoCope | $46,877,697 |
| AR | Truservice Community | $37,384,823 |
* Tech Savvy means the credit union offers ALL of the following services to members:
- Remote deposit capture
- Mobile banking
- New member application via online channels
- New share account via online channels
- New loan application via online channels
Source: Callahan & Associates Peer-to-Peer Analytics
Growth At Tech Savvy Versus Non Tech Savvy Credit Unions
For all U.S. credit unions <$50M in assets | Data as of December 31, 2013
Callahan & Associates | www.creditunions.com
Source: Callahan & Associates Peer-to-Peer Analytics
Product Penetration At Tech Savvy Versus Non Tech Savvy Credit Unions
For all U.S. credit unions <$50M in assets | Data as of December 31, 2013
Callahan & Associates | www.creditunions.com
Source: Callahan & Associates Peer-to-Peer Analytics
Average Member Relationship At Tech Savvy Versus All Credit Unions
For all U.S. credit unions <$50M in assets | Data as of December 31, 2013
Callahan & Associates | www.creditunions.com
Source: Callahan & Associates Peer-to-Peer Analytics
Loan And Share Growth At Small Tech Savvy Credit Unions Versus Larger Credit Unions
For all U.S. credit unions <$250M in assets | Data as of December 31, 2013
Callahan & Associates | www.creditunions.com
Source: Callahan & Associates Peer-to-Peer Analytics
Delivery Channel Deployment & Online Transaction Capabilities
Data as of December 31, 2013
Callahan & Associates | www.creditunions.com
| Under $50M | $50M – $100M | $100M – $250M | $250M – $500M | $500M – $1B | Over $1B | |
| ONLINE DELIVERY | ||||||
| % Remote Deposit Capture | 2.21% | 6.44% | 18.85% | 29.75% | 41.26% | 61.06% |
| % Mobile Banking | 13.44% | 52.65% | 71.17% | 79.89% | 82.96% | 88.94% |
| ONLINE MEMBER INTERACTION | ||||||
| % New Member Application | 17.28% | 39.90% | 54.15% | 65.16% | 69.96% | 79.33% |
| % New Share Account | 8.36% | 26.01% | 42.19% | 58.07% | 67.26% | 76.44% |
| % New Loan Application | 24.48% | 67.55% | 79.04% | 89.52% | 91.93% | 94.23% |
Source: Callahan & Associates Peer-to-Peer Analytics
