Some credit union executives found point-of-service feedback solutions have helped them make daily improvements in delivering member services – and given them a competitive edge to keep and attract members.

Many cooperative leaders typically rely on monthly, quarterly or annual surveys and mystery shoppers to find out what members think about their services and what could be better. While those tools are useful, they give cooperatives feedback information only from the time the survey and mystery shopping took place.

That's why some large and small credit unions are using point-of-service feedback solutions that record member satisfaction or dissatisfaction anonymously every minute of every business day, giving credit unions a daily report of their service performance and the ability to resolve issues promptly.