Request Information
1.877.459.4347

Request Information

or Call 1.877.459.4347

Credit Union Top Technology Trends

Credit Union Trends Blog
March 20, 2018 / Evolve IP

These are the top trends among Credit Union CEO’s and Executives:

  • 31% of execs are planning to invest in new technologies to be better prepared for regulatory compliance initiatives
  • 33% say upgrading and simplifying core tech programs is the most important IT investment for improving the customer experience
  • 63% of Credit Union execs surveyed cited regulatory risk as a top concern
  • 97% of financial services CEOs see innovation as a key priority for growth
  • 69% of Credit Union CEOs expect to spend more on technology
  • 150 million US adults will be using mobile banking in 2018

 

Additional Findings

  • Happy Customers: 63% of credit unions want to use technology for better member service
  • Regulation: 72% of credit unions reported ongoing regulatory compliance challenges
  • Member Experience: Regardless of asset size, large and small credit unions alike must begin developing a cohesive vision for member experience
  • Priorities: 21% of credit unions rank risk data aggregation as a top IT investment priority
  • Technology Use: 57% credit unions want to use technology for better efficiencies
  • Favoritism: 89% of credit union members favor a credit union over a bank
  • Risk Management: Fewer than 1 in 5 credit unions believe their organizations have a comprehensive risk management program in place

To download the full infographic, visit https://www.evolveip.net/lp/credit-union-top-trends

 

Categories: Credit Union General
Listening To Needs. Solving Complex Challenges.

Helping enterprise IT focus on business results, not infrastructure

  • One of the nation’s largest and fastest-growing dermatology businesses estimates savings of $6.45 Million over 5 years

    View Case Study

    “Evolve IP’s digital workspaces have allowed us to acquire more practices in a faster and more profitable way. That is resulting in bottom-line cost savings and top-line business benefits.”

    – Jeff Francis, Vice President of IT USDP

  • International Law Firm Drives Communications Reliability Across 60+ Worldwide Locations and Saves Over $300,000 a Year

    View Case Study

    “That’s the type of proposition I like to bring to a Board of Directors. When I can say, ‘we can get everything new, be completely redundant, it can meet all of our needs and oh, by the way, we are going to save over $300,000 a year.’ It makes it easy for me to sell!”

    – Ken Schultz CIO of Ogletree Deakins

  • Financial advisory firm enables employees to Work Anywhere with an integrated platform

    View Case Study

    “The transition has been almost seamless to our folks, working from home full time. My team looks like heroes right now.”

    Ryan Easter, Director of IT and Principal at Johnson Investment Counsel

Simplify and future-proof your technology footprint with Evolve IP

It's nearly impossible to stay on top of every change in technology. Partner with Evolve IP and gain the combined experience of hundreds of technologists, all acting as an extension of your IT team. Helping you do more with less.

close

Contact Us

or Call 1.877.459.4347