Thank you for sharing!

Your article was successfully shared with the contacts you provided.

An analysis of transaction data conducted by CO-OP Financial Services and Saylent Technologies indicates that credit union members are participating in the overall increased consumer spending that has made retailers optimistic about this year’s holiday shopping season.

According to an analysis of 2.6 million transactions that CU members made on the day after Thanksgiving, one of the heaviest shopping days of the year, the transaction and shared branching CUSO reported that credit union members spent 8.1% more during that day in 2011 than they did in 2010 and that they made 10.1% more transactions during the same period.

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 © 2022 ALM Global, LLC. All Rights Reserved.