Consumers are being driven in higher numbers to credit union Web sites as a result of the media and government focus on big bank practices, according to NAFCU and CUNA.
NAFCU, for one, said this week its "CULookup" locator has recorded "a tripling of volume" since the first favored mention of CUs appeared on New York pundit Arianna Huffington's "Move Your Money" Web site.
For days, both CUNA and NAFCU have promoted their online systems aimed at providing access and convenience for consumers to make the switch from banks to CUs. NAFCU noted that the Huffinton Post first listed NAFCU's "call to action" on Jan. 6 with commentary by Fred Becker, president/CEO of NAFCU.
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.