Mobile banking is a growing channel with which credit unions can attract and retain underserved consumers.
Hope FCU’s mobile app grows in popularity among its largely low-income membership.
Plus, Malauzai surpasses one million customer banking app downloads in 2015.
Check out no-overdraft account benefits, terms and fees offered by these financial institutions.
The cost of the new app, available to all CU*Answers credit union clients, is included in the CUSO’s e-commerce fee.
Survey finds greater loyalty, larger ROI are among benefits of mobile banking.
Mobile, cardless ATM cash withdrawal services can help credit unions strengthen relationships and serve the underbanked.
Fiserv reports members who use mobile banking bring in 36% more money than branch-only members.
Eighty-seven percent of security IT execs believe everything is being done to keep apps secure, but only 57% of app users agree.
Utilizing mobile banking apps to simply check balances and pay bills is a thing of the past.