Search
 

Video Tellers on Pace to Expand FOMs, Reach Underserved

Video teller machines, which the NCUA now considers service facilities when considering credit union field of membership expansions, are poised to take root on a wide scale over the next two to three years.

By Heather Anderson | Updated on September 24, 2012
The $204 million Five County Federal Credit Union of Bath, Maine, utilizes uGenius video teller technology in one of its traditional branches.

Video teller machines, which the NCUA now considers  service facilities when considering credit union field of membership expansions, are poised to take root on a wide scale over the next two to three years.

“Over time, it will become the standard that people expect. It will take years to achieve that because of the nature of the industry, but clearly it’s something consumers are embracing,” Gene Pranger, CEO and founder of hardware desig firm uGenius Technology.

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.