The $160 million, 21,500-member NuMark Credit Union in Joliet, Ill., found Bank Transfer Day to definitely be worth the effort, a senior manager said.
"We opened at least 26 checking accounts, got a few loans and made a couple of business referrals," said Michelle Balog, NuMark's executive vice president. "We did 25% of our usual checking accounts goal for the month in four hours really. On a usual Saturday, we're lucky if we open two accounts at a branch."
Balog said all four of the credit union's branches were open as usual on Saturday and that its Countryside location in the southwest Chicago suburbs stayed open an hour later than usual to accommodate the business.
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.
Already have an account? Sign In Now
© 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.
