Banking & Credit Union
Case Studies
Credit Unions
10-branch credit union averages 265 new accounts per branch, per year
In only 3 years, this credit union added almost 8,000 new retail account openings
Banks
63-branch bank sees retail and business portfolio growth take off
In just 3 years, a community bank with $2.2 billion in assets adds almost 6,000 retail accounts
Credit Unions
Additional new checking accounts grow 2.57x in one year
With just 6 branches, this $318M institution opens more than 2,600 accounts in one year
Banks
Average openings nearly double each year for more than 5 years
12-branch bank with $836M in assets gains +12,000 net new retail accounts
Banks
Big gains in account openings four years and counting
9-branch bank with $827M in assets gains +5,500 new retail accounts
Credit Unions
Credit union membership grows by 87% in 8 years
This 9-branch credit union also saw a sizeable lift in openings, deposits, COF, and loans.
Banks
Explosive portfolio, deposit growth
10-branch bank increases retail accounts more than 70%, business more than 80%, in less than four years
Credit Unions
First-year results: 98 percent increase in new PFI households
A 3-branch credit union, with $502M in assets, opens 879 new accounts in one year
Banks
Growing retail, business accounts for more than 13 years
7-branch bank sees sustained results in new accounts, net deposits
Banks
Incredible per-branch results in retail and business
6-branch bank opens 350 retail checking accounts per location in just five years
Credit Unions
One year, nearly $50M in total loan growth for 7-branch credit union
A single year’s openings exceed 2,000 for credit union with $480M in assets