Search
 

What are Credit Unions Offering Online?

WASHINGTON - In NCUA Chairman Dennis Dollar's testimony recently to the Senate Banking Committee (see story page 1), Dollar highlighted credit unions' online presence, and it's clear credit unions are doing a lot online. Dollar said 54% or 5,106 of federally insured CUs have a Web site, with some 15.1...

By Staff Writer | Updated on April 27, 2004

WASHINGTON – In NCUA Chairman Dennis Dollar’s testimony recently to the Senate Banking Committee (see story page 1), Dollar highlighted credit unions’ online presence, and it’s clear credit unions are doing a lot online. Dollar said 54% or 5,106 of federally insured CUs have a Web site, with some 15.1 million members conducting transactions with their credit union over the Net. This chart shows exactly what credit unions are offering online. Online account balance inquiry, the most basic function of online banking, was the most popular features. Interestingly less than half of CUs offering account balance inquiries offer online bill pay.

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:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 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.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.