Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CUs lose big--and win--in paper postage costs
HERNDON, Va. (1/19/10)--DigitalMailer named its “Biggest Losers” for 2009--credit unions that have developed successful eStatement enrollment programs. About 21 credit unions helped more than 17,000 members switch to online statements from paper, which collectively realized $102,474 in savings. “It these credit unions’ members stay with them for five years, that’s a half-million dollars--and a lot of trees saved,” said Ron Daly, DigitalMailer president/CEO. Gulf Coast FCU, Corpus Christi, Texas, earned first place. The credit union saw a 720% increase in statement enrollments--saving $14,000 per year. ABCO FCU, Willingboro, N.J., won second place. The credit union saw its eStatements enrollment jump by 224%. Hudson River Community CU, Corinth, N.Y., won third, with 39%. An honorable mention went to Town of Hempstead Employees FCU, North Baldwin, N.Y., which brought in hundreds of new users. DigitalMailer provides digital communication services to the financial industry.


RSS





print
News Now LiveWire
#HomeDepot #databreach lawsuits consolidated in Georgia http://t.co/A4bei5z0mV
7 minutes ago
Pennies, nickels cost more to make than they are worth @usmint report http://t.co/FOT51DF8v2
26 minutes ago
Strong biz lending leads 3Q loan growth at Minn. #creditunions http://t.co/DKYjyj6iC3
1 hours ago
.@FAACreditUnion named a top Okla workplace by @TheOklahoman via @Cornerstone_CUL http://t.co/qQP1zpxJrO
2 hours ago
NY @NYGovCuomo signs historic FOM law @NYCUAtweets http://t.co/NMTlgkpYqs
3 hours ago