by Devon Wilson | Aug 5, 2023 | Online Account Opening, Skip A Pay, Web Loan Applications
In the world of finance, we often get caught up in buzzwords and complicated theories. But at its core, the economy is straightforward: supply and demand determine prices, purchasing power drives demand, and technology shapes supply. When demand is higher than...
by Devon Wilson | Jul 24, 2023 | Credit Union Solutions, Marketing, Online Account Opening
In recent months, the financial sector has been experiencing a significant shift known as deposit flight. Several banks (Silicon Valley Bank, Signature, and First Republic Bank) collapsed due to this phenomenon, where customers withdraw their deposits and move...
by Devon Wilson | Dec 12, 2022 | Online Account Opening
For several years, bank and credit union members and prospects have been asking their branches and their search engines “how to open a bank account online.” And with that, member onboarding has been shifting to more digital touchpoints and fewer staff-guided...
by Devon Wilson | Jan 29, 2020 | Credit Union Solutions, Marketing, Online Account Opening
Financial stressors often make their way into the credit union—job loss, car repairs, health issues, and other related, unexpected expenses can prompt potential members to submit applications. However, those desperate for a financial solution likely aren’t combing...
by Devon Wilson | Oct 21, 2019 | Marketing, Online Account Opening
If you’ve read our previous post on optimizing your credit union’s account opening and onboarding process, you’ll know that immediately after opening an account is the best time to reassure your new members that they made the right choice to trust your credit union....
by Devon Wilson | Oct 12, 2019 | Marketing, Online Account Opening
Easier and faster account opening and onboarding should be a top priority for credit unions of all sizes. Many financial institutions are aggressively marketing their account opening process times of “five minutes or less” because of how attractive it is to potential...
