Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Study Connecticut FIs double mobile tech use
HARTFORD, Conn. (7/20/11)--State-chartered financial institutions--including credit unions--in Connecticut are expected to more than double their mobile technology offerings this year, according to a 2010 survey of electronic banking activities in the state by the Connecticut Department of Banking. Greg Bordonaro discussed the results of the survey in his weekly “Financial Sense” column posted on HartfordBusiness.com (July 18). The study showed that 10% of state chartered credit unions offered mobile banking to their members in 2010, but that figure was expected to double this year. Less than 20% of state-chartered banks made mobile banking available to their customers, but that number was expected increase to nearly 50% in 2011. The survey also found that less than 10% of Connecticut credit unions had a social media presence in 2010. Credit unions use their websites for loan activity, according to the survey, with 60% reporting they provide loan application downloads and nearly 60% providing loan history information.


RSS print
News Now LiveWire
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
12 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
13 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
14 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
15 hours ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
16 hours ago