Connecticut Department of Banking Completes Survey of CU Revenue Producing Services
HARTFORD, Conn. -- The Connecticut Department of Banking has compiled the results of its year-end 2005 survey of state-chartered credit unions it conducted to determine what types of fee-producing services are being provided to consumers. The results offer an interesting insight into the revenue producing services being provided to members through credit unions and their subsidiaries.
Among the findings of the survey in which all state-chartered CUs in the state participated, CUs all together offered a total of 46 various revenue-producing services to their members. Fifteen of those revenue-producing services were offered through subsidiaries.