Credit unions using eCU Technology's ORIGINS™ Suite, which offers complete mobile-first membership, consumer loan and business deposit applications, experienced a significant increase in both loan and membership applications from March - April 2020.
Despite the challenges of COVID19, eCU Technology's credit union partners are continuing to drive loan and new member growth that far exceeds the national average for the industry. Overall credit union industry trends through June 30, 2020 showed an annualized increase of only 6.6%* in loans, creating an opportunity for credit unions to increase their lending market share with more robust digital applications like ORIGINS™ in place.
“As more consumers of all ages embrace digital solutions, it's critical for credit unions and community banks to offer a competitive digital experience. ORIGINS™ was designed to do just that and is uniquely positioned to assist depositories of all sizes,” says Larry Hayes, eCU Technology’s President.
Interested credit unions are encouraged to request a demo and learn more about how to enhance their digital applications. More information about the ORIGINS™ Suite, powered by eCU Technology, may be found online at www.eCUtechnology.com.