Credit unions dominated rankings in MagnifyMoney's third annualMobile Banking App Study, which compiled the iOS andAndroid banking apps ratings from over 100 of thebiggest credit unions and banks.
Credit unions nearly swept the top 10 rankings for all apps thisyear, taking 9 of the top 10 spots. That's an even better showingthan last year, when credit unions took eight out of the top 10spots.
The data, collected from iTunes and Google Play the week ofNovember 30, 2016, was used to create a composite 1 to 5 rating,factoring a weighted average of the ratings from both the iOS andAndroid platforms from over 100 of the biggest banks and creditunions, including the 50 largest banks and 50 largest credit unionsalong with a selection of top online direct banks.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
