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Don't write off small credit unions when it comes to mobile banking.
Compared to the second quarter of 2013, membership declined at 54% of the nation's credit unions in the second quarter of this year, according to the NCUA.
Credit unions in New Jersey have the lowest drop, Alaska has the highest growth in membership.
Credit unions fare the worst compared to other lenders in 30-day and 60-day delinquency increases.
By deliberately lending more to members with near-prime credit scores, credit unions are beefing up their balance sheets.
The $18 million Newark Firemen Federal Credit Union in Newark, N.J., has completed its conversion to the CU*BASE platform through CU*SOUTH, an Alabama-based CUSO that is an affiliate of CU*Answers, the Grand Rapids, Mich.-based CU*Answers said.
The Michigan-based vendor holds steady at 225 credit unions running its CU*BASE core system.
Charging fees on a per-user basis punishes successful digital channel marketing and adoption.
Nebraska, North Dakota and South Dakota's small businesses fare best in new research from the SBA.