X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NORTH CANTON, Ohio – Diebold, the international ATM manufacturer headquartered in Ohio, offers a relationship through a subsidiary, Verdi and Company, which can help a CU, particularly one with a newly acquired community charter, better evaluate possible sites for placing new branches. “We wanted to be sure we were building our new branch in the right location,” said Alan Smith, CEO of the $56 million Hopewell Federal Credit Union, headquartered in Heath, Ohio, a recent Diebold client. “Verdi helped us achieve our strategic goals by building in the parameters for profit and loss over a period of time based on an examination of the demographics in a 2 1/2-mile radius of each proposed site.” Verdi uses a specialized information and projection package called Pointrac to help guide its recommendations. In Hopewell’s case, the advice led to the CU choosing to build a 2,500 square-foot branch in one location over purchasing an existing 1,750 square foot building from another institution in another location. Verdi also recommended the CU outfit the new site with a variety of different Diebold products for interacting with members, the CU said.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.