The $556 million Rivermark Community Credit Union of Beaverton, Ore. announced its online and mobile banking business continues to surge with a 34 % year-to-year usage jump in online accounts and 86% spurt in mobile banking.
In August 17 announcement, the suburban Portland credit union with 64, 400 members called the increases a "dramatic shift in how our members conduct their business" which also means they are relying less on branches.
Scott Burgess, president/CEO, said Rivermark members seem to be embracing the new technology much more than he expected by opening new accounts online, signing loan documents and depositing checks remotely.
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? Sign In
© 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.
