Search
 

Educational Employees Tops Most Innovative CUs List

Navy Federal and Eastman CU rank second and third in a fintech startups assessment of credit union digital channels.

By Roy Urrico | Updated on May 10, 2016
As financial institutions adapt their practices to engage consumers, especially millennials, a Berkeley, Calif.-based fintech startup’s peer ranking revealed how credit unions stack up across digital channels, including mobile banking and social media.

The $2.5 billion Fresno, Calif.-based Educational Employees Credit Union ranked the highest, receiving a perfect score of 100. The next two were the $73 billion, Vienna, Va.-based Navy Federal Credit Union with 98.93 and the $3.3 billion, Kingsport, Tenn.-based Eastman Credit Union with 95.72.

The first-ever Shastic Index was designed as a quarterly ranking that scores financial institutions on innovation. The index revealed how a credit union ranks in user satisfaction and performance across new digital channels. It currently ranks credit unions only, but will soon expand to cover banks.

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.

Roy Urrico

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

More from this author

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.