WASHINGTON – The move toward online banking by small credit unions continues to gain traction, according to Callahan & Associates. In the last half of 2002, Callahan said, its figures show that 331 credit unions over $25 million in assets added Internet home banking, and that more than 100 of those were under $50 million in size. At year's end, 2,473 credit unions in all offered the service. The average size of the new adopters was $101 million, according to the firm.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.