GREENSBORO, N.C. — Like many credit unions, the $94 million Summit Credit Union has had trouble getting any kind of turnout for those free on-premise financial literacy seminars, but now the CU found an economical solution: hold Webinars with online phone conferencing.

"It worked beautifully for us and really cost us nothing since we were already using it for internal training and IT support," said Sam Whitehurst, president/CEO.

Whitehurst said the first Webinar was held Jan. 10 and drew 15 out of 20 that signed up, a considerable improvement from the lonely four who showed up for an on-premise session held a week earlier "and that included a free lunch."

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.