After struggling to attract followers, some credit unions have given up on Twitter and are shutting down their accounts.

According a study by The Financial Brand, an online publication focused on bank and credit union branding, of the 350 activated credit union  accounts studied, 74 or 21.1% abandoned their accounts.  This, despite being active on Twitter for 2.2 years 

Accounts were considered activated if the credit union's profile had been customized with an avatar/logo, at least one tweet had been sent through the account, and the account had at least one follower, according to The Financial Brand. For the study, any account that had not tweeted in the last three months was considered dormant or abandoned.

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
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.