Speaking recently at the New Jersey Credit Union League’s Reality Check conference, John Lass put it bluntly on the direction of mobile banking.
Members of San Diego County Credit Union can now deposit checks via their Android or iPhone devices.
The $5.4 billion SDCCU said it’s the first San Diego-based credit union to offer check deposit by smartphone.
Championship trophies and charity checks were passed around at the San Diego County Credit Union Poinsettia Bowl.
The 220,000-member, $5.4 million San Diego County Credit Union reported that a debit card promotion tied to Bank Transfer Day wound up doubling the number of accounts the CU usually opens.
Horned Frogs and Bulldogs with Make-a-Wish as the winner.
Final numbers show debit cards without fees generate significantly more members.
Credit unions in California and Oregon enjoyed a surge of new members on Bank Transfer Day, as well as on the days leading up to Nov. 5. To encourage new member signings, some CUs kept branches open during extended hours while others marketed Bank Transfer Day promotions.
San Diego County Credit Union gained 362 new checking account members on Nov. 5 and more than 850 in the first week of November.